HomeMy WebLinkAboutReso 53-2021 (21-178)City of South San Francisco P.O. Box 711 (City Hall,
400 Grand Avenue)
South San Francisco, CA
City Council
Resolution: RES 53-2021
File Number: 21-178 Enactment Number: RES 53-2021
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SOUTH SAN FRANCISCO ESTABLISHING CITY
OF SOUTH SAN FRANCISCO COMMUNITY
FACILITIES DISTRICT NO. 2021-01 (PUBLIC
FACILITIES AND SERVICES), CITY OF SOUTH SAN
FRANCISCO, COUNTY OF SAN MATEO, STATE OF
CALIFORNIA, AUTHORIZING THE LEVY OF
SPECIAL TAXES THEREIN, CALLING AN
ELECTION AND APPROVING CERTAIN ACTIONS
RELATED THERETO
WHEREAS, the City Council (the "City Council") of the City of South San Francisco (the
"City") has heretofore adopted Resolution No. 18-2021 stating its intention to form City of South San
Francisco Community Facilities District No. 2021-01 (Public Facilities and Services), City of South San
Francisco, County of San Mateo, State of California ("Community Facilities District No. 2021-01" or
the "District") pursuant to the Mello -Roos Community Facilities Act of 1982, as amended, being
Chapter 2.5 of Part 1 of Division 2 of Title 5 of the Government Code of the State of California (the
"Act"); and
WHEREAS, a copy of Resolution No. 18-2021 setting forth a description of the proposed
boundaries of Community Facilities District No. 2021-01, the facilities, services and incidental expenses
to be financed by the District and the rate and method of apportionment of the special tax proposed to be
levied within the District is on file with the City Clerk; and
WHEREAS, notice was published and mailed to all landowners of the land proposed to be
included within the District as required by law relative to the intention of this City Council to form
proposed Community Facilities District No. 2021-01 and to levy certain special taxes and to incur
bonded indebtedness in the amount of up to $105,000,000 therein to finance the facilities and incidental
expenses described in Resolution No. 18-2021; and
WHEREAS, on March 10, 2021, this City Council conducted a noticed public hearing as
required by law relative to the proposed formation of Community Facilities District No. 2021-01, the
levy of special taxes therein and the issuance of bonded indebtedness by the District; and
WHEREAS, at the March 10, 2021 public hearing there was filed with this City Council a
report containing a description of the facilities necessary to meet the needs of the District and an
estimate of the cost of such facilities and services as required by Section 53321.5 of the Act (the "CFD
Report"); and
WHEREAS, at the March 10, 2021 public hearing all persons desiring to be heard on all
matters pertaining to the formation of Community Facilities District No. 2021-01, the levy of the special
taxes and the issuance of bonded indebtedness were heard and full and fair hearings were held; and
City of South San Francisco Page 1
File Number: 21-178
Enactment Number: RES 53-2021
WHEREAS, following the public hearing, this City Council has determined to authorize the
formation of the District to finance the types of facilities (the "Facilities"), services (the "Services") and
the incidental expenses (the "Incidental Expenses") set forth in Attachment A hereto, which are
described in more detail in the CFD Report; and
WHEREAS, at the public hearing evidence was presented to this City Council on the matters
before it, and the proposed special taxes to be levied within the District was not precluded by a majority
protest of the type described in Section 53324 of the Act, and this City Council at the conclusion of the
hearing was fully advised as to all matters relating to the formation of the District, the levy of the special
taxes and the issuance of bonded indebtedness therein; and
WHEREAS, this City Council has determined, based on a Certificate of Registrar of Voters of
the County of San Mateo on file in the office of the City Clerk, that no registered voters have been
residing in the proposed boundaries of Community Facilities District No. 2021-01 for each of the 90
days prior to March 10, 2021 and that the qualified electors in Community Facilities District No.
2021-01 are the landowners within the District; and
WHEREAS, on the basis of all of the foregoing, this City Council has determined to proceed
with the establishment of Community Facilities District No. 2021-01 and to call an election therein to
authorize (i) the levy of special taxes pursuant to the rate and method of apportionment of the special
tax, as set forth in Attachment C to Resolution No. 18-2021 (the "Rate and Method"), (ii) the issuance of
bonds to finance the Facilities and incidental expenses related thereto (the "Facilities Incidental
Expenses"), and (iii) the establishment of an appropriations limit for Community Facilities District No.
2021-01; and
WHEREAS, in order to facilitate the funding of the Facilities, the legislative body of the
District desires to enter into an Acquisition, Construction and Acquisition Agreement (the "Acquisition
Agreement") with KR Oyster Point Developer, LLC, a Delaware limited liability company (the
"Developer") and the form of the Acquisition Agreement is on file with the City Clerk; and
NOW, THEREFORE, the City of South San Francisco, does hereby resolve as follows:
1. Each of the above recitals is true and correct.
2. A community facilities district to be designated "City of South San Francisco Community
Facilities District No. 2021-01 (Public Facilities and Services), City of South San Francisco, County
of San Mateo, State of California" is hereby established pursuant to the Act. The City Council
hereby finds and determines that all prior proceedings taken with respect to the establishment of the
District were valid and in conformity with the requirements of law, including the Act. This finding is
made in accordance with the provisions of Section 53325.1(b) of the Act.
3. The boundaries of Community Facilities District No. 2021-01 are established as shown on the
map designated "Proposed Boundaries of City of South San Francisco Community Facilities District
No. 2021-01 (Public Facilities and Services), County of San Mateo, State of California", which map
is on file in the office of the City Clerk and was recorded pursuant to Sections 3111 and 3113 of the
Streets and Highways Code in the County Book of Maps of Assessment and Community Facilities
Districts in the Assessor -County Clerk -Recorder's office of the County of San Mateo
City of South San Francisco Page 2
File Number. 21-178
Enactment Number: RES 53-2021
in Book No. 18 Page No. 70 on February 19, 2021 as Instrument No. 2021-900012.
4. The types of Facilities, Services, Facilities Incidental Expenses and the incidental expenses
related to the Services (the "Services Incidental Expenses" and together with the Facilities Incidental
Expenses, the "Incidental Expenses") authorized to be provided for Community Facilities District
No. 2021-01 are those set forth in Attachment A attached hereto. The estimated cost of the Facilities,
the Services and Incidental Expenses to be financed is set forth in the CFD Report, which estimates
may change as the Facilities are designed and bid for construction and acquisition, and the Services
are implemented, as applicable.
The City is authorized by the Act to contribute revenue to, or to construct or acquire the Facilities, all
in accordance with the Act. The City Council finds and determines that the proposed Facilities and
Services are necessary to meet the increased demand that will be placed upon local agencies and
public infrastructure as a result of new development within the District and that the Facilities and
Services to be financed benefit residents of the City and the property within the District.
5. Except where funds are otherwise available, it is the intention of this City Council, subject to the
approval of the eligible voters of the District, to levy annually the Special Tax A and the Special Tax
B (as such terms are defined in the Rate and Method) at the rates set forth in the Rate and Method on
all non-exempt property within the District sufficient to pay for (i) the Services and the Facilities, (ii)
the principal and interest and other periodic costs on the bonds proposed to be issued to finance the
Facilities and Facilities Incidental Expenses, including the establishment and replenishment of
reserve funds, any credit enhancement fees and other expenses of the type permitted by Section
53345.3 of the Act; and (iii) the Incidental Expenses. The District expects to incur, and in certain
cases has already incurred, Incidental Expenses in connection with the creation of the District, the
issuance of bonds, the levying and collecting of the special taxes, the completion and inspection of
the Facilities and the annual administration of the bonds and the District. The Rate and Method is
described in detail in Attachment C to Resolution No. 18-2021 and incorporated herein by this
reference, and the City Council hereby finds that the Rate and Method contains sufficient detail to
allow each landowner within the District to estimate the maximum amount that may be levied
against each parcel. As described in greater detail in the CFD Report, which is incorporated by
reference herein, the Special Tax A and Special Tax B are based on the expected demand that each
parcel of real property within Community Facilities District No. 2021-01 will place on the Facilities,
the Services and on the benefit that each parcel will derive from the right to access the Facilities and
the Services and, accordingly, is hereby determined to be reasonable. The Special Tax A shall be
levied on each assessor's parcel in accordance with the Rate and Method provided, however, that the
Special Tax A shall not be levied after Fiscal Year 2070-71. The Special Tax B shall be levied in
perpetuity. The Special Tax A and the Special Tax B are apportioned to each parcel on the foregoing
bases pursuant to Section 53325.3 of the Act and such special taxes are not based upon the
ownership of real property or the assessed value of real property.
If Special Tax A is levied against any parcel used for private residential purposes, (i) the maximum
Special Tax A rate shall be specified as a dollar amount which shall be calculated and established not
later than the date on which the parcel is first subject to the Special Tax A because of its use for
private residential purposes and shall not be increased over time except as authorized under the Rate
and Method, (ii) the Special Tax A shall not be levied after Fiscal Year 2070-71, and (iii) under no
circumstances will the Special Tax A levied against any such parcel used for private residential uses
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File Number. 21-178
Enactment Number: RES 53-2021
be increased as a consequence of delinquency or default by the owner or owners of any other parcel
or parcels within the District by more than ten percent above the amount that would have been levied
in that fiscal year had there never been any such delinquencies or defaults.
If Special Tax B is levied against any parcel used for private residential purposes, (i) the maximum
Special Tax B rate shall be specified as a dollar amount which shall be calculated and established not
later than the date on which the parcel is first subject to the Special Tax B because of its use for
private residential purposes and shall not be increased over time except as authorized under the Rate
and Method, and (ii) under no circumstances will the Special Tax B levied against any such parcel
used for private residential uses be increased as a consequence of delinquency or default by the
owner or owners of any other parcel or parcels within the District by more than ten percent above the
amount that would have been levied in that fiscal year had there never been any such delinquencies
or defaults.
The City Manager of the City of South San Francisco, will be responsible for preparing annually, or
authorizing a designee to prepare, a current roll of special tax levy obligations by assessor's parcel
number and will be responsible for estimating future special tax levies pursuant to Section 53340.2
of the Act.
6. In the event that a portion of the property within Community Facilities District No. 2021-01 shall
become for any reason exempt, wholly or partially, from the levy of the Special Tax A specified in
the Rate and Method, or in the event of delinquencies in the payment of Special Tax A levied, the
City Council shall, on behalf of Community Facilities District No. 2021-01, increase the levy of
Special Tax A to the extent necessary and permitted by law and these proceedings upon the
remaining property within Community Facilities District No. 2021-01 which is not exempt or
delinquent in an amount not to exceed the Maximum Special Tax A in order to yield the required
debt service payments on any outstanding bonds of the District, or to prevent the District from
defaulting on any of its other obligations or liabilities payable from the Special Tax A; provided,
however, under no circumstances will the Special Tax A levied against any parcel used for private
residential uses be increased as a consequence of delinquency or default by the owner or owners of
any other parcel or parcels within the District by more than ten percent above the amount that would
have been levied in that fiscal year had there never been any such delinquencies or defaults. The
amount of the Special Tax A will be set in accordance with the Rate and Method. The obligation to
pay Special Tax A may be prepaid only as set forth in Section H of the Rate and Method.
7. In the event that a portion of the property within Community Facilities District No. 2021-01 shall
become for any reason exempt, wholly or partially, from the levy of the Special Tax B specified in
the Rate and Method, or in the event of delinquencies in the payment of Special Tax B levied, the
City Council shall, on behalf of Community Facilities District No. 2021-01, increase the levy of
Special Tax B to the extent necessary and permitted by law and these proceedings upon the
remaining property within Community Facilities District No. 2021-01 which is not exempt or
delinquent in an amount not to exceed the Maximum Special Tax B in order to prevent the District
from defaulting on any of its obligations or liabilities payable from the Special Tax B; provided,
however, under no circumstances will the Special Tax B levied against any parcel used for private
residential uses be increased as a consequence of delinquency or default by the owner or owners of
any other parcel or parcels within the District by more than ten percent above the amount that would
have been levied in that fiscal year had there never been any such delinquencies or defaults.
City of South San Francisco Page 4
File Number: 21-178
Enactment Number: RES 53-2021
The amount of the Special Tax B will be set in accordance with the Rate and Method. The
obligation to pay Special Tax B may not be prepaid.
8. Upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the Streets and
Highways Code, a continuing lien to secure each levy of Special Tax A shall attach to all non-exempt
real property in the District and this lien shall continue in force and effect until the Special Tax A
obligation is prepaid and permanently satisfied and the lien canceled in accordance with law or until
collection of the Special Tax A by the District ceases.
Upon recordation of a notice of special tax lien pursuant to Section 3114.5 of the Streets and
Highways Code, a continuing lien to secure each levy of Special Tax B shall attach to all non-exempt
real property in the District and this lien shall continue in force and effect until the lien is canceled in
accordance with law or until collection of the Special Tax B by the District ceases.
9. It is hereby further determined that there is no ad valorem property tax currently being levied on
property within proposed Community Facilities District No. 2021-01 for the exclusive purpose of
paying the principal of or interest on bonds or other indebtedness incurred to finance the construction
of capital facilities which provide the same services to the territory of Community Facilities District
No. 2021-01 as are proposed to be provided by the Facilities to be financed by Community Facilities
District No. 2021-01.
10. Written protests against the establishment of the District have not been filed by one-half or more
of the registered voters within the boundaries of the District or by the property owners of one-half
(1/2) or more of the area of land within the District. The City Council hereby finds that the proposed
Special Tax has not been precluded by a majority protest pursuant to Section 53324 of the Act.
11. An election is hereby called for Community Facilities District No. 2021-01 on the propositions
of levying the Special Tax A and Special Tax B on the property within Community Facilities District
No. 2021-01 and establishing an appropriations limit for the District pursuant to Section 53325.7 of
the Act and shall be consolidated with the election on the proposition of incurring bonded
indebtedness, pursuant to Sections 53351 and 53353.5 of the Act. The language of the propositions
to be placed on the ballot is attached hereto as Attachment B.
12. The date of the election for Community Facilities District No. 2021-01 on the propositions of
incurring the bonded indebtedness, authorizing the levy of the Special Tax and establishing an
appropriations limit for the District shall be March 10, 2021, or such later date as is consented to by
the City Clerk of the City of South San Francisco; provided that, if the election is to take place
sooner than 90 days after March 10, 2021, then the unanimous written consent of each qualified
elector within the District to such election date must be obtained. The polls shall be open for said
election immediately following the close of the public hearing on March 10, 2021. The election
shall be conducted by the City Clerk. Except as otherwise provided by the Act, the election shall be
conducted in accordance with the provisions of law regulating elections of the City of South San
Francisco insofar as such provisions are determined by the City Clerk to be applicable. The City
Clerk is authorized to conduct the election following the adoption of this resolution, and all ballots
shall be received by, and the City Clerk shall close the election by, 11:00 p.m.
City of South San Francisco Page 5
File Number. 21-178
Enactment Number. RES 53-2021
on the election day; provided the election shall be closed at such earlier time as all qualified electors
have voted as provided in Section 53326(d) of the Act. Pursuant to Section 53326 of the Act, the
ballots for the special election shall be distributed in person, or by mail with return postage prepaid,
to the qualified electors within Community Facilities District No. 2021-01. The City Clerk has
secured a certificate from the Registrar of Voters of the County of San Mateo certifying that there
were no registered voters within the District as of January 6, 2021. Accordingly, since there were
fewer than 12 registered voters within the District for each of the 90 days preceding March 10, 2021,
the qualified electors shall be the landowners within the District and each landowner, or the
authorized representative thereof, shall have one vote for each acre or portion thereof that such
landowner owns within Community Facilities District No. 2021-01, as provided in Section 53326 of
the Act. The landowners within the District have each executed and delivered a waiver of certain
election law requirements and consenting to the holding of the election on March 10, 2021, which
waiver is on file with the City Clerk.
13. The preparation of the CFD Report is hereby ratified. The CFD Report, as submitted, is hereby
approved and was made a part of the record of the public hearing regarding the formation of
Community Facilities District No. 2021-01. The CFD Report is ordered to be kept on file with the
transcript of these proceedings and open for public inspection.
14. The form of the Acquisition Agreement on file with the City Clerk is approved as to form, and
Mayor of the City, or such other member of the City Council as the Mayor may designate, the City
Manager, the Assistant City Manager (or any interim Assistant City Manager), and the Director of
Finance, and any designee thereof, is authorized to execute the Acquisition Agreement in
substantially the form on file with the City Clerk, together with such changes as are approved by the
officer executing the same, with the approval of such changes to be conclusively evidenced by the
execution and delivery thereof.
15. This resolution shall take effect immediately upon its passage.
At a meeting of the City Council on 3/10/2021, a motion was made by Vice Mayor Nagales,
seconded by Councilmember Nicolas, that this Resolution be approved. The motion passed.
Yes: 5 Mayor Addiego, Vice Mayor Nagales, Councilmember Nicolas, Councilmember
Coleman, and Councilmember Flores
Attest by u�L �L , L
fosa Govea Acosta, City Clerk
City of South San Francisco Page 6
ATTACHMENT A
Types of Facilities To Be
Financed By
City of South San Francisco Community Facilities District No. 2021‐01
(Public Facilities and Services)
The facilities set forth below (the “Facilities”) are proposed to be financed or funded in
whole or in part by City of South San Francisco, County of San Mateo, State of California” (the
“District”). The authorized Facilities shall be owned and operated by the City or another public
agency, and shall be constructed, whether or not acquired in a completed state, pursuant to the
plans and specifications approved by the City and its officials.
I. Roadway and Transportation Improvements
Authorized Facilities include any and all on‐site and off‐site publicly‐owned roadway and
transportation facilities required to meet the needs of development within the District. Eligible
improvements include, but are not limited to: acquisition of land and easements; design; project
management; clearing, grubbing, and demolition; grading, soil import/export; paving, and
decorative/enhanced pavement concrete and/or pavers; bridge crossings and culverts; joint
trenches, underground utilities and undergrounding of existing utilities; dry utilities and
appurtenances; curbs, gutters, sidewalks, bike trails (including onsite and off‐site); enhanced
fencing, and access ramps; street lights; intersections, signalization, and traffic signal control
systems; bus turnouts and bus shelters; signs and striping; erosion control; median and landscape
corridor landscaping and irrigation; masonry walls; traffic control and agency fees; and other
improvements related thereto.
II. Water System Improvements
Authorized Facilities include any and all water facilities required to meet the needs of
development within the District. Eligible improvements include, but are not limited to: acquisition
of land and easements; potable water storage, groundwater wells, storage tanks, distribution
facilities including pipelines and appurtenances, gate valves, flow meters, booster pump
pressurization system, and other improvements related thereto
III. Recycled Water System Improvements
Authorized Facilities include any and all recycled water system facilities required to meet
the needs of development within the District. Eligible improvements include, but are not limited to:
acquisition of land and easements; recycled water storage, treatment and distribution facilities
including pipelines and appurtenances, gate valves, storage tanks, flow meters, booster pump
pressurization system, and other improvements related thereto.
IV. Drainage System Improvements
Authorized Facilities include any and all drainage and storm drain improvements required to
meet the needs of development within the District. Eligible improvements include, but are not limited
to: acquisition of land and easements; design; project management; mains, pipelines and
appurtenances; outfalls and water quality measures; temporary drainage facilities; detention/retention
basins and drainage pretreatment facilities; drainage ways/channels; pump stations; landscaping and
irrigation; access roads, gates, and fencing; striping and signage; and other improvements related
thereto where required.
V. Wastewater System Improvements
Authorized Facilities include on‐site and off‐site facilities required to meet the conveyance
needs of development within the District. Eligible improvements include, but are not limited to:
acquisition of land and easements; design; project management; pipelines and all appurtenances
thereto; manholes; tie‐in to existing main line; force mains; lift stations; odor control facilities;
sewer treatment plant improvements; and other improvements related thereto.
VI. Parks, Trails, Landscaping, and Open Space Improvements
Authorized Facilities include on‐site and off‐site park, trail, landscaping and open space
facilities required to meet the needs of development within the District. Eligible improvements
include, but are not limited to: acquisition of land and easements; design; project
management; grading; turf and irrigation; trees and shrubs; sidewalks pathways and trails:
masonry sound walls; sports fields, sport courts, playground equipment, picnic areas, benches,
drinking fountain and bathrooms; other related hard and soft‐scape improvements along
roadways and adjacent to or within parks, open space, drainage channels and detention
basins; bike trails, bike/pedestrian bridges; storm drain crossings; publicly‐owned
improvements required for wetland mitigation, tree mitigation, off‐site hawk mitigation,
and/or agricultural mitigation; landscaping and irrigation, access gates and fencing and related
open space improvements.
VII. Fire Station
Fire Facilities, including but not limited to fire stations, apparatus, and facilities and
equipment required to meet the needs of development within the District. Eligible improvements
include, but are not limited to: acquisition of land and easements; construction; relocation;
rehabilitation; replacement; leasing; repair; planning; design; engineering; soils testing;
construction staking; construction coordination and inspection; furniture, fixtures, and equipment;
and other improvements related thereto.
VIII. Impact Fees
The District will also finance any fees payable to the City, the proceeds of which will be used
to fund all or a portion of the cost of any Facilities described above.
1. Traffic or Transportation Impact Fee
2. Oyster Point Grade Separation Fee
3. East of 101 Sewer Impact Fee
4. Sewer Capacity Fee
5. Bicycle and Pedestrian Impact Fee
6. Parkland Acquisition & Construction Fee
7. Public Art/Transit Enhancement Fee
8. Childcare Impact Fee
9. Public Safety Impact Fee
10. Mass Decontamination Fee
IX. Other Public Improvements
Any and all other public improvements authorized under the Mello‐Roos Community Facilities
Act of 1982 and otherwise necessary to meet the needs of development within the District.
X. Private Utility Facilities
1. Natural Gas Distribution
2. Electrical Distribution
3. Telephone
4. Cable Television
5. Other Private Utility Facilities as Authorized by the Mello‐Roos Act
XI. Administrative and Incidental Expenses
In addition to the above Facilities and services, other incidental expenses that may be
financed by the District include but are not limited to the following: the cost of planning,
permitting, approving and designing the authorized Facilities (including the cost of environmental
evaluation, orthophotography, environmental remediation/mitigation); land acquisition and
easement payments for authorized Facilities; project management, construction staking;
engineering studies; utility relocation and demolition costs incidental to the construction of the
public Facilities; and any other expenses incidental to the construction, completion, and inspection
of the Facilities and related expenses associated with any of the foregoing.
In addition, the District shall fund the direct and indirect expenses incurred by the City in
carrying out its duties with respect to the District including, but not limited to: the levy and
collection of the special taxes; the fees and expenses of attorneys; any fees related to the collection
of special taxes; an allocable share of the salaries and benefits of any City staff, or consultant fees,
directly related thereto and a proportionate amount of the City’s general administrative overhead
related thereto; expenses incurred by the City in undertaking action to foreclose on properties for
which the payment of special taxes is delinquent; administrative fees of the City and the bond
trustee or fiscal agent related to the District and the bonds issued by or for the District; costs
related to the formation of the District; reimbursement of costs related to the formation of the
District advanced by City, the landowner(s) in the District or any party related to any of the
foregoing, as well as reimbursement of any costs advanced by the City, the landowner(s) in the
District or any party related to any of the foregoing, for Facilities, fees or other purposes or costs of
the District; costs related to the issuance of bonds by or for the District, including underwriters
discount, reserve fund, capitalized interest, letter of credit fees and expenses, fees and expenses of
bond counsel, disclosure counsel, special tax consultant, municipal advisor and appraiser, bond
remarketing costs, and all other incidental expenses; and all other costs and expenses of the City in
any way related to the District.
Types of Services To Be
Financed By
City of South San Francisco Community Facilities District No. 2021‐01
(Public Facilities and Services)
The services authorized to be funded by City of South San Francisco, County of San Mateo,
State of California” (the “District”) and paid by the Special Taxes levied within the District (the
“Services”) are described below. For purposes of the District, the Services shall incorporate and
have the meaning given to the term “services” in section 53313 of the Mello-Roos Community
Facilities Act of 1982.
1. Police protection services.
1. Maintenance and lighting of parks, parkways, streets, roads, and open space,
including without limitation:
Roadway maintenance,
Streetlight maintenance and operations,
Traffic signal maintenance and operations,
Parks, waterfront and Bay Trail maintenance,
Landscaping, parkway, median and open space maintenance, including erosion
prevention,
Public surface parking maintenance, and
Operation and maintenance of public restroom buildings,
2. Operation and maintenance of storm drainage systems.
The cost of the Services shall include all related administrative costs and expenses, necessary
utility (water and electricity) costs, and related reserves for replacement of vehicles, equipment and
facilities..
ATTACHMENT B
BALLOT PROPOSITIONS
CITY OF SOUTH SAN FRANCISCO
COMMUNITY FACILITIES DISTRICT NO. 2021-01
(PUBLIC FACILITIES AND SERVICES),
CITY OF SOUTH SAN FRANCISCO, COUNTY OF SAN MATEO,
STATE OF CALIFORNIA
SPECIAL TAX AND SPECIAL BOND ELECTION
March 10, 2021
PROPOSITION A: Shall City of South San Francisco Community
Facilities District No. 2021‐01 (Public Facilities and Services),
City of South San Francisco, County of San Mateo, State of
California (the “District”) incur an indebtedness and issue
bonds in the maximum principal amount of $105,000,000,
with interest at a rate or rates not to exceed the maximum
interest rate permitted by law, to finance the Facilities and
the Facilities Incidental Expenses described in Resolution No.
18‐2021 of the City Council of the City of South San Francisco?
PROPOSITION B: Shall a Special Tax A and a Special Tax B (as
such terms are defined in the rate and method of
apportionment of special taxes for the District (the “Rate and
Method”)) as provided in Resolution No. 18‐2021 of the City
Council of the City of South San Francisco be levied in
accordance with the Rate and Method to pay for the
Facilities, the Services and Incidental Expenses and other
purposes described in Resolution No. 18‐2021, including the
payment of the principal of and interest on bonds issued to
finance the Facilities and Facilities Incidental Expenses?
YES______
NO_______
YES______
NO_______
PROPOSITION C: For each year commencing with Fiscal Year
2021‐22, shall the appropriations limit, as defined by
subdivision (h) of Section 8 of Article XIII B of the California
Constitution, for the District be an amount equal to
$100,000,000?
YES______
NO_______