File #: 25-330    Version: 1 Name:
Type: Action Items Status: Agenda Ready
File created: 4/17/2025 In control: City Council/Public Finance and Economic Development Authority/Parking Authority
On agenda: 5/5/2025 Final action:
Title: SUBJECT: Adoption of a Resolution of Intent Regarding Annexations No. 28 and No. 29 into Community Facilities District (CFD) No. 2003-2 (Services); Acceptance of Two Petition, Consent and Waivers from Developers for Annexation in the CFD No. 2003-2 (Services) for Annexations No. 28 and No. 29; Approving Two Deposit and Reimbursement Agreements for Annexations No. 28 and No. 29; and Setting a Public Hearing for May 19, 2025, for Both Annexations. Annexation No. 28 Consists of Approximately 4.59 Acres of Land Generally Located at the Northeast Corner of Yosemite Avenue and El Redondo Drive and Annexation No. 29 Consists of Approximately 14.02 Acres of Land Generally Located at the Northwest Corner of El Redondo Drive and Pettinotti Road REPORT IN BRIEF Considers adopting a Resolution of Intent to annex a portion of the Yosemite Village development ("Annexation No. 28") and the Royal Woods Estates development ("Annexation No. 29") into Community Facilities District (CFD) No. 2003-2; inc...
Attachments: 1. Location Map - Annexation No. 28Location Map - Annexation No. 28, 2. Location Map - Annexation No. 29, 3. Boundary Map for Annexation No. 28 and Future Annexation, 4. Boundary Map for Annexation No. 29 and Future Annexation, 5. Maximum Special Tax Rates, 6. Petition, Consent and Waiver for Annexation No. 28, 7. Petition, Consent and Waiver for Annexation No. 29, 8. Deposit and Reimbursement Agreement for Annexation No. 28, 9. Deposit and Reimbursement Agreement for Annexation No. 29, 10. Draft Resolution of Intent with RMA at Exhibit A
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Report Prepared by: Francisco Mendoza-Gonzalez, Senior Planner, Development Services Department

Title
SUBJECT: Adoption of a Resolution of Intent Regarding Annexations No. 28 and No. 29 into Community Facilities District (CFD) No. 2003-2 (Services); Acceptance of Two Petition, Consent and Waivers from Developers for Annexation in the CFD No. 2003-2 (Services) for Annexations No. 28 and No. 29; Approving Two Deposit and Reimbursement Agreements for Annexations No. 28 and No. 29; and Setting a Public Hearing for May 19, 2025, for Both Annexations. Annexation No. 28 Consists of Approximately 4.59 Acres of Land Generally Located at the Northeast Corner of Yosemite Avenue and El Redondo Drive and Annexation No. 29 Consists of Approximately 14.02 Acres of Land Generally Located at the Northwest Corner of El Redondo Drive and Pettinotti Road

REPORT IN BRIEF
Considers adopting a Resolution of Intent to annex a portion of the Yosemite Village development ("Annexation No. 28") and the Royal Woods Estates development ("Annexation No. 29") into Community Facilities District (CFD) No. 2003-2; including the approval of a Deposit and Reimbursement Agreement and accepting the Petition, Consent, and Waiver for the annexations; designation of future annexation areas to the CFD and set a Public Hearing for May 19, 2025.

RECOMMENDATION
City Council - Adopt a motion:

A. Adopting Resolution 2025-22, A Resolution of Intention of the City Council of the City of Merced, acting as the legislative body of the City of Merced Community Facilities District No. 2003-2 (Services), declaring its intention to Annex Two Areas to said District and authorize the Levy of a Special Tax within said Annexations, Designating Certain Property for Future Annexation to Said District, and Approving Certain Agreements Related Thereto; and,

B. Setting the Public Hearing for May 19, 2025; and,

C. Accepting the Petition, Consent and Waiver from Yosemite Village Holdings, LLC, CB 1285 Yosemite Starbucks...

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