GOVERNMENT

NOTICE OF PUBLIC HEARING ON PROPOSED

CALIFORNIA MUNICIPAL FINANCE AUTHORITY

COMMUNITY FACILITIES DISTRICT NO. 2026-22

(CITY OF NORWALK – KEYSTONE)

The Board of Directors (“Board”) of the California Municipal Finance Authority is considering the formation of a community facilities district (the “CFD”) under the authority of the Mello-Roos Community Facilities Act of 1982, as amended, to fund certain public facilities related to new development within the City of Norwalk, and to incur bonded indebtedness of the CFD. This Notice contains a brief summary of the proposal, but you are referred to the Board’s Resolution of Intention (Resolution No. 26-563, adopted October 9, 2026) and its Resolution of Intention to Incur Bonded Indebtedness (Resolution No. 26-567, adopted October 9, 2026) for details of the proposal. The proposal is to subject the property within the CFD to a special tax which will be used to pay for authorized facilities for the CFD, including paying principal and interest on bonds used to pay for authorized facilities. The proceeds of the bonds will be used to pay for the facilities and other expenses set forth in the resolutions referred to above. A map showing the land proposed to be included in the CFD is on file with the Board.

As set forth below, the Board will hold a public hearing on the establishment of the CFD, the facilities to be financed by the CFD, and the levy of the special tax within the CFD. The proposal also includes authority to issue up to $8,800,000 in bonds for the CFD, to be repaid by the special tax levied in the CFD. Neither the Board nor any person outside the CFD has any liability for the special tax or the bonds. The security for the bonds issued for the CFD is limited to the property subject to the special tax within the CFD. In order to confer the authority upon the Board to levy the special tax and to issue the bonds, a public hearing must be held on the proposal, then the Board will decide whether to form the CFD, and finally the qualified electors within the CFD must approve the proposal by a two-thirds vote. Where the CFD is uninhabited (as is the case here) the qualified electors are, pursuant to law, the owners of property within the CFD.

This is the notice of the public hearing. The public hearing will be held during the Board meeting on Friday, November 20, 2026, at the hour of 11:00 a.m. or as soon as possible thereafter, at City Hall, 200 S. Anaheim Blvd., 6th Floor, Anaheim, California 92805. At the hearing, the testimony of all interested persons or potential special taxpayers for or against the formation of the CFD, the authorization to levy the special tax within the CFD, and the authorization to issue the bonds for the CFD will be heard. If written protests against the proposed CFD are delivered to the Board at or before the time set for the hearing by either registered voters residing within, or the owners of property within, the proposed CFD, they will be counted toward a possible majority protest. Such protests by a majority of the registered voters residing within the CFD or by the owners of a majority of the land area within the CFD which is or will be subject to the special tax, if not withdrawn prior to the close of the hearing so as to reduce the value of the protests to less than a majority, will require the proposed CFD to be eliminated from immediate consideration, and prevent its being included in a subsequent proceedings for at least one year. If the Board, after the public hearing, determines that a majority protest under Section 53324 of the California Government Code was not made at the hearing, the Board may conduct an election by mailed ballot to levy a special tax within the CFD.

A request for disability-related modification or accommodation, including auxiliary aids or services, may be made by any person with a disability who requires a modification or accommodation in order to participate in the public hearing by contacting Kirsten Borgquist, Analyst/Administrator, (760) 502-0050, kborgquist@cmfa-ca.com, 2111 Palomar Airport Road, Suite 320, Carlsbad, CA 92011.

10/16/26

CNS-4087337#

THE NORWALK PATRIOT

The Norwalk Patriot

10/16/26