CFD Application - California Municipal Finance Authority

Section 1. Project Information

(Complete section or attach plans, exhibits, maps, etc. that provide the requested information)

Name of Project*

Project Location*

Landowner(s) (if different than developer listed in Section 2)*

Ownership structure (i.e., individuals, family trust, partnership, corporation)*

Gross Acres of Project*

Net Developable Acres*

Assessor’s Parcel Numbers*

Proposed Land Uses (If residential uses are proposed, include number of units and, if applicable, projected phasing)*

Are there any special taxes or assessments that are currently a lien on the property?

Yes (please provide property tax bill)
No

Project Status (please check all that apply)

Tentative map approved
Final map(s) recorded
All necessary discretionary permits secured
Initial grading underway or completed
Building permits issued
Models built or under construction
Lots sold/offered for sale to merchant builders
Production homes under construction

Describe the expected timing for initial grading, completion of significant backbone infrastructure, opening of models – by phase, if applicable. If available, please provide projected date of first building permit issuance and first home sales.

Are there any foreseeable circumstances not described above that could prevent or significantly delay the proposed development of the Property? Are there any extraordinary conditions to development or improvements that need to be completed before development can proceed (i.e., construction of a bridge or interchange, construction of affordable housing, etc.) If yes, please explain.

Section 2. Participants

Developer Information

Name*

Title

Company Name

Address*

Street Address City ZIP / Postal Code

Phone*

Email*

Independent Consultants Assisting with CFD Formation (if applicable)

Name*

Title

Company Name

Address*

Street Address City ZIP / Postal Code

Phone*

Email*

Will the applicant be:

Selling lots to merchant builders
Building residential units and/or non-res. buildings

List all local agencies expected to receive impact fees and/or accept dedication of public improvements proposed to be financed by the CFD. If available, please provide a contact at each agency.

Agency	Contact Information

Section 3. Proposed CFD and Special Tax Structure

(Complete section or attach proposed finance plan)

CFD Structure (Check all that apply. If unsure, indicate below.)

Improvement areas
Special tax zones
Future annexation area
Unsure

Special Tax Structure

Target total effective tax rate: (including base property tax and existing overrides and direct charges)

Criteria for residential special tax categories:

Lot square footage
Residential unit square footage
Villages/Neighborhoods
Other

Proposed special tax categories based on criteria indicated above. If undecided, leave blank. If covered in a financing plan, please attach and reference below.

CFD and Bond Timing

When would you like the CFD to be formed?	When would you like bond proceeds to be available?

Items to be Financed

Please identify the public improvements and/or impact fees that you would like to finance from bond proceeds and indicate if you expect an associated fee credit or reimbursement from the public agency. If you would like to prioritize funding of particular facilities or fees, please also indicate the priority of each item. (attach sheet if more room is needed)

Facility or Impact Fee	Associated Public Agency	Estimated Cost	Requesting fee credit or reimbursement for this item?	Priority (if applicable)

Upload Files Below

Drop files here or

Max. file size: 256 MB.

Signature

The Landowner/Developer below wishes to participate in the BOLD Program. Upon submission of this Application, Program consultants will review the information and contact the Landowner/Developer if additional information is needed for a preliminary approval to participate in the Program. Upon preliminary approval, a deposit will be due and the CFD formation process will be ready to begin.

Landowner/Developer Signature

Signatory

Name:	Date: