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planning process that will be required to provide K-8 facilities in Mountain House. In order to provide funding for this planning process, $100,000 is included as a lump sum in the facility cost estimates_ Due to the lack of alternative funding sources in the early years mechanisms for school operations, the Master Developer will be required to front money to cover these planning casts. Based on the anticipated absorption schedule and financing plan, afterthe firsttwo years there will be developer fees generated and McIIc-Roos Districts formed to fund K-8 school facilities. These mechanisms will generate revenue that LE-USD can use to continue to fund the facility planner position. If revenues from these sources are insufficient or absorption in the first two years occurs more slowly than expected.the Master[Developer may be required to contribute additional funds to cover the interim shortfall. The Master Developer shall be reimbursed for such contributions from fee revenues, Mello-Roos proceeds andlor other sources of funding available in future years. The School Pau Iities Master Plan will provide an estimate of the total reimbursement to the Master Developer, and the first Mello- Roos bond issued to fund school facilities shall generate sufficient proceeds to provide the Master Developer reimbursement.After the first elementary school has reached one-half of its planned capacity, L€LISA must meet with the Master Developer and discuss alternatives if the facility planner position is not fully funded from fee revenues or Mello-Roos prooeeds. Library Library services will be provided by the Stockton-San Joaquin County Library System for the branch library in Mountain House, The Library System receives a share of property tax revenues collected within the County to frond these services which include,among otherthings,library and bookmobile staffing and operations. 5.5 SPECIFIC PLAht REQUIREMENTS The following Ilst is a compilation of all Specific Plan requirements contained in this chapter. a) Student Generation Rates. The second and each subsequent Specific Ilan shall contain an evaluation of current student generation rates against those assumed in earlier Specific Plans. If rates are higher, more schools and facilities may be required. If they are lower, fewer students may attend each school. This data may require a revlslon of the school Facilities Master Plan. The land use plan containing K-13 schools and one high school shall not be modified to change the number of schools without a Master Plan revision. Chapter l=ive Page 5.15 Revised February 2005 Resolution Template 01/2023