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• <br /> EXHIBIT B <br /> CITY OF REDWOOD CITY <br /> COMMUNITY FACILITIES DISTRICT NO. 2010-1 <br /> (ONE MARINA) <br /> RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX <br /> RATE AND METHOD OF APPORTIONMENT FOR <br /> COMMUNITY FACILITIES DISTRICT No. 2010 -1 <br /> OF THE CITY OF REDWOOD CITY (ONE MARINA) <br /> A Special Tax hereinafter defined shall be levied on all Assessor's Parcels of Taxable Property in <br /> Community Facilities District No. 2010 -1 of the City of Redwood City ( "CFD No. 2010 -1 ") and <br /> collected in each Fiscal Year, in an amount determined by the City Council of the City of <br /> Redwood City, through the application of the Rate and Method of Apportionment as described <br /> below. All of the real property in CFD No. 2010 -1, unless exempted by law or by the provisions <br /> hereof, shall be taxed for the purposes, to the extent and in the manner herein provided. <br /> A. DEFINITIONS <br /> The terms hereinafter set forth have the following meanings: <br /> "Acreage" means the land area expressed in acres of an Assessor's Parcel as shown on an <br /> Assessor's Parcel Map, or if the land area is not shown on an Assessor's Parcel Map, the land <br /> area shown on the applicable final map, parcel map, condominium plan, or other recorded <br /> County map or the land area calculated to the reasonable satisfaction of the CFD Administrator <br /> using the boundaries set forth on such map or plan. The square footage of an Assessor' s Parcel is <br /> equal to the Acreage of such parcel multiplied by 43,560. <br /> "Act" means the Mello -Roos Community Facilities Act of 1982, being Chapter 2.5, Part 1, <br /> Division 2 of Title 5 of the California Government Code. <br /> "Acquisition Agreement" means the acquisition/financing agreement by and between the City <br /> of Redwood City and R.C. Peninsula Park, LLC for CFD No. 2010 -1 providing for the <br /> acquisition and construction of Authorized Facilities with the proceeds of CFD No. 2010 -1 <br /> Bonds and Special Taxes, as modified, amended and/or supplemented from time to time in <br /> accordance with its terms, or any applicable predecessor or successor to or restatement of such <br /> agreement. <br /> "Administrative Expenses" means the following actual or reasonably estimated costs directly <br /> related to the administration of CFD No. 2010 -1, including but not limited to: the costs of <br /> computing the Special Taxes and preparing the annual Special Tax collection schedules (whether <br /> B -1 <br /> 302108_1.doc <br />