Resolution 16329 CITY OF ALAMEDA RESOLUTION NO. 16329
DECLARING RESULTS OF SPECIAL ELECTION AND DIRECTING
RECORDING OF NOTICE OF SPECIAL TAX LIEN REGARDING CITY OF
ALAMEDA COMMUNITY FACILITIES DISTRICT NO. 25-1 (WEST MIDWAY
FACILITIES)
WHEREAS, on the date hereof, the City Council (the"City Council") of the City of Alameda
(the "City") has adopted a resolution entitled "FORMING CITY OF ALAMEDA COMMUNITY
FACILITIES DISTRICT NO. 25-1 (WEST MIDWAY FACILITIES), DESIGNATING AN
IMPROVEMENT AREA THEREIN, ESTABLISHING A FUTURE ANNEXATION AREA,
PROVIDING FOR ADDITIONAL FUTURE IMPROVEMENT AREAS THEREIN, AND
AUTHORIZING THE LEVY OF A SPECIAL TAX THEREIN TO FINANCE PUBLIC FACILITIES
IN AND FOR SUCH COMMUNITY FACILITIES DISTRICT" (the "Resolution of Formation"),
ordering the formation of the "City of Alameda Community Facilities District No. 25-1 (West
Midway Facilities)" (the "CFD") and Improvement Area No. 1 therein, and "City of Alameda
Community Facilities District No. 25-1 (West Midway Facilities) (Future Annexation Area)",
authorizing the levy of a special tax on property within the CFD and preliminarily establishing an
appropriations limit for the CFD, all pursuant to the City of Alameda Special Tax Financing
Improvement Code, Section 3-70.1 et seq. of the Alameda Municipal Code (the "Law") and the
Mello-Roos Community Facilities Act of 1982, being Section 53311 et seq. of the California
Government Code (the "Act"); and
WHEREAS, this City Council has also adopted a resolution entitled "DETERMINING
NECESSITY TO INCUR BONDED INDEBTEDNESS FOR THE CITY OF ALAMEDA
COMMUNITY FACILITIES DISTRICT NO. 25-1 (WEST MIDWAY FACILITIES)" (the "Resolution
of Necessity"), determining the necessity to incur bonded indebtedness in the maximum
aggregate principal amount of$35,000,000 of bonded indebtedness (the "Authorization"), initially
allocated as follows: (i) for land within Improvement Area No. 1, $26,000,000 and (ii) for land that
may annex into a Future Improvement Area from the Future Annexation Area, $9,000,000; and
WHEREAS, under the provisions of the Resolution of Formation and the Resolution
Necessity and pursuant to a resolution entitled "CALLING SPECIAL ELECTION REGARDING
THE CITY OF ALAMEDA COMMUNITY FACILITIES DISTRICT NO. 25-1 (WEST MIDWAY
FACILITIES)" (the "Election Resolution") heretofore adopted by this City Council the propositions
of the levy of the special tax, the establishment of the appropriations limit and the incurring of the
bonded indebtedness were submitted to the qualified electors of the CFD as required by the
provisions of the Law; and
WHEREAS, pursuant to the terms of the Election Resolution, which are by this reference
incorporated herein, the special election has been held and the City Clerk has on file a Canvass
and Statement of Results of Election (the"Canvass"), a copy of which is attached hereto as Exhibit
A; and
WHEREAS, this City Council has reviewed the Canvass, finds it appropriate and wishes
to complete its proceedings for the CFD.
NOW, THEREFORE, BE IT RESOLVED, as follows:
1. The foregoing recitals are all true and correct.
2. The issues presented at the special election were the levy of a special tax within
the CFD, the incurring of a bonded indebtedness in the maximum aggregate principal amount of
$35,000,000 (the "Authorization"), initially allocated as follows: (i) for land within Improvement
Area No. 1, $26,000,000 and (ii) for land that may annex into a Future Improvement Area from
the Future Annexation Area, $9,000,000, and the approval of an annual appropriations limit in an
amount equal to the bond authorization, all pursuant to the Resolution of Formation and the
Resolution of Necessity.
In the event any series of bonds issued under the Authorization is refunded to produce
savings meeting the requirement of Section 53364.2 of the Act, all or a portion of the savings
achieved through the issuance of refunding bonds may be used to finance Facilities insofar as
the savings component provides capacity for bonded indebtedness in excess of that being
refunded, and such additional bonded indebtedness shall not reduce and may exceed the amount
of bonded indebtedness authorized herein. Similarly, in the event any series of bonds issued
under an authorization of bonds for any Future Annexation Area is refunded to produce savings
meeting the requirement of Section 53364.2 of the Act, all or a portion of the savings achieved
through the issuance of such refunding bonds may be used to finance Facilities insofar as the
savings component provides capacity for bonded indebtedness in excess of that being refunded,
and such additional bonded indebtedness shall not reduce and may exceed the amount of bonded
indebtedness authorized for such Improvement Area.
3. The Council hereby approves the Canvass and finds that it shall be a permanent
part of the record of its proceedings for the CFD. Pursuant to the Canvass, the issues presented
at the special election were approved by the qualified electors of the CFD by at least two-thirds
(2/3) of the votes cast at the special election.
4. Pursuant to the voter approval, the CFD is hereby declared to be fully formed with
the authority to levy the special taxes, to incur the approved bonded indebtedness and to have
the established appropriations limit, all as heretofore provided in these proceedings and in the
Law. It is hereby found that all prior proceedings and actions taken by this City Council with
respect to the CFD were valid and in conformity with the Law.
5. The City Clerk is hereby directed to complete, execute and cause to be recorded
in the office of the County Recorder of the County of Alameda a notice of special tax lien in the
form required by the Law, such recording to occur no later than fifteen (15)days following adoption
by the Council of this Resolution.
6. This Resolution shall take effect upon its adoption.
2
EXHIBIT A
CANVASS AND STATEMENT OF RESULT OF ELECTION
CITY OF ALAMEDA
COMMUNITY FACILITIES DISTRICT NO. 25-1
(WEST MIDWAY FACILITIES)
I hereby certify that on October 7 2025, I canvassed the returns of the election held on
October 7, 2025, in the City of Alameda Community Facilities District No. 25-1 (West Midway
Facilities) and the total number of ballots cast in said election and the total number of votes cast
for and against the measure are as follows and the totals as shown for and against the measure
are full, true and correct:
Qualified
Landowner Votes
Votes Cast YES NO
City of Alameda
Improvement Area No. 1 of
Community Facilities District No. 25-1
(West Midway Facilities)
Special Tax Election, October 7, 2025
Shall the measure pursuant to which (i) City of Alameda shall YES:
incur indebtedness and issue bonds up to $35,000,000 for
Community Facilities District No. 25-1 (West Midway Facilities)
("CFD"), initially allocated as follows: (i) for land within NO:
Improvement Area No. 1 of the CFD, $26,000,000 and (ii) for land
that may annex into a future improvement area from the Future
Annexation Area of the CFD, $9,000,000, to acquire and/or
construct facilities set forth in the list of authorized facilities
attached to the resolution of formation and incorporated by this
reference herein and pay for the costs of issuing the bonds and
related expenses; (ii) a special tax shall be levied at rates of$975
to $3,800/ residential unit, subject to annual escalation, through
Fiscal Year 2064/65, raising $1,018,075 in Fiscal Year 2025-26
(assuming full build-out of Improvement Area No. 1), to pay for the
principal and interest upon such bonds, to pay the costs of the City
in administering Improvement Area No. 1, and to pay for the costs
of acquiring and/or constructing said facilities to be taxed in the
future at a separate rate in accordance with the rate and method
of apportionment of special taxes for Improvement Area No. 1
attached to the resolution of formation and incorporated by this
reference herein; and (iii) the annual appropriations limit of
Improvement Area No. 1 shall initially be $35,000,000, subject to
escalation, be ado I ted?
IN WITNESS WHEREOF, I HAVE HEREUNTO SET MY HAND this 7th day of October
2025.
By:
City Clerk
* * * * * * *
I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly
adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the
7th day of October 2025, by the following vote to wit:
AYES: Councilmembers Boller, Daysog, Jensen, Pryor and Mayor Ezzy
Ashcraft—5.
NOES: None.
ABSENT: None.
ABSTENTIONS: None.
IN WITNESS, WHEREOF, I have hereunto set by hand and affixed the official seal of
said City this 8th day of October 2025.
0 'fr
Lark.eis gf er, City Clerk
City of Alameda
Approved as to Form:
Yibin Shen, City Attorney
City of Alameda