Notice of Special Lien Tax Community Facilities District No 2022-1

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"CFD No. 2022-1 Bonds" means bonds or other Debt (as defined in the Act), whether in one or more series, issued or assumed by or on behalf of the City for CFD No. 2022-1 under the Act, and secured by pledge of the Special Taxes. "City" means the City of San Leandro, California. "City Council" means the City Council of the City, acting as the legislative body of CFD No. 2022-1. "County" means the County of Alameda. "Debt Service" means for each Debt Year, the total amount of principal and interest due on any outstanding CFD No. 2022-1 Bonds. "Debt Year" means the twelve (12) month period ending on the second debt service payment date of each calendar year. "Developed Property" means, for each Fiscal Year, all Taxable Property for which a Building Permit was issued on or before May 1s' of the prior Fiscal Year. "Dwelling Unit" means one residential unit of any configuration, including, but not limited to, a single family attached or detached dwelling, townhome, condominium, or otherwise. The number of Dwelling Units assigned to each Taxable Property may be determined by the CFD Administrator (i) referencing Assessor's Data, (ii) site surveys and physical unit counts, and/or (iii) reviewing City building permit data. An Accessory Dwelling Unit shall not be considered a Dwelling Unit for the purposes of the Special Tax. "Exempt Property" means all property located within the boundaries of CFD No. 2022-1 which is exempt from the Special Tax pursuant to Section E below. "Expected Dwelling Units" means the number of Dwelling Units anticipated to be developed in each Land Use class as shown in Table 2. "Expected Revenue" means the Special Tax revenue expected to be generated by each Land Use Class as shown in Table 2. "Final Map Property" means, in any Fiscal Year, all Taxable Property, exclusive of Developed Property, Taxable Property Owner Association Property, and Taxable Public Property, for which a Final Subdivision Map has recorded prior to May 1" of the preceding Fiscal Year, but no earlier than January 1, 2022. "Final Subdivision Map" means a final subdivision map, parcel map or lot line adjustment, approved by the City pursuant to the Subdivision Map Act (California Government Code Section 66410 et seq.) or recordation of a condominium plan pursuant to California Civil Code 4285, that creates individual lots for which Building Permits may be issued without further subdivision of such property. "Fiscal Year" means the period starting July 1 and ending on the following June 30. "GIS", orgeographic information system, means a system designed to capture, store, manipulate, analyze, manage, and present spatial or geographic data. "Hotel Property" means Taxable Property within the boundaries of CFD 2022-1 that have an establishment providing short-term lodging accommodations and other services for travelers and tourists. City of San Leandro July 8, 2022 CFD No. 2022-1 (Monarch Bay Shoreline Facilities & Services) Page B-3