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PROPOSED RATE AND METHOD OF APPORTIONMENT OF SPECIAL TAX Community Facilities District No. 1 (Fire Facilities and Services ) of the City of Santa Aha 3i7 A Special Tax applicable to each Parcel in the District shall be levied and collected according to the tax liability determined by the Executive Director of Finance and Management Services of the City of Santa Aha, or his designee, through the application of the rate and method of apportionment of the Special Tax set forth below. All of the property in the District, unless exempted by law, shall be taxed to the extent and in the manner herein provided. The Special Tax is to be levied each Fiscal Year in an amount sufficient to pay Annual Costs. The Special Tax may be levied on each Parcel in each Fiscal Year in an mount not to exceed the Maximum Special Tax. The actual Special Tax to be levied each Fiscal Year will be calculated for each Parcel as follows: Taxable Sauare Footage of Parcel Total Taxable Square Footage X Annual = Parcel's Costs Special Tax "Administrative Fcc~ or Expenses" means any or all of the following: the fees and expenses of the Fiscal Agent under the Fiscal Agent Agreement and any supplement or amendment thereto (including any fees or expenses of its counsel), any fees of the County of Orange related to the collection of the Special Tax or the District, the expenses of the City in carrying out its duties with respect to the District (including, but not limited to, the levy and collection of the Special Taxes), including the fees and expenses of its counsel, an allocable share of the salaries of the City staff directly related thereto, a proportionate amount of City general administrative overhead related thereto, any amounts paid by the City from its general funds with respect to the District, and all other costs and expenses of the City or the Fiscal Agent incurred in connection with the discharge of their respective duties under the Fiscal Agent Agreement and, in the case of the City, in any way related to administration of the District. "Annual Costs" for any Fiscal Year, equals the sum of (i) Debt Service for such Fiscal Year; (ii) Administrative Fees or Expenses for such Fiscal Year; (iii) Estimated Services for such Fiscal Year; (iv) the amount, if any, necessary to replenish the Reserve Fund for the Bonds; plus (v) an amount equal to delinquencies in the payment of Special Taxes levied in the previous Fiscal Year. '~Bonds" means the Community Facilities District No. 1 (Fire Facilities and Services) of the City of Santa Aha Special Tax Bonds at any time outstanding under the Fiscal Agent Agreement or any supplement thereto. '~uilding" means any structure on a Parcel which is more than two stories in height and for which a certificate of occupancy for such structure (or the shell of such structure) B-1