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Mminialn House Specliflo Plan Hl ....................... ....................—.................................... ................................. .......... .............. ............... Other public facilities that are not located within SP III but have been constructed in part to serve SP Ill. such as the water and wastewater treatment plants and associated pipes and facilities, will be constructed in part with funds from SP Ill through payments to the MHCSD. Details of the costs of infrastructure and public facilities necessary for SP 41 are presented in Table 16-2- Uses of Funds for Capital Improvements and Public Faallitles. These costs are currently estimated to total$125.5 million The costs include: 41 Roads A Community Parks Regional Park • Open Space Corridors • Utility Transmission Fa cilifies,such as water,wastewater and storm water lines The majority of public infrastructure improvements will he financed through private IN na n cing obtained by developers and landowners at SP Ill and assessment bonds or other public finance secured by property tax revenue. Some facilities,such as utility infrastructure,will be constructed with funds from the utility provider,wh1ch in turn are financed through connection charges,deveiopmentfees.and rates charged to end users. Some capital fecilitles have also been constructed by the MHGSI). Table 16- 3:Sources of runds for Capital improvements and Public Facilities,summarizes the sources of funds anticipated for the capital improvements detailed in the Specific Plan,which total$125.5 million, Thu bulk of the funding, approximately $64.2 million, will come from private firianoing. An addluonal signillca nt source of funding wi 11 be fees collected for traffic mitigation and Infrastructure co nstructed elsewhere at Mountain House,as shown on Table 16-3: Sources of Funds for Capital Improvements wid Public Facilitles. As the financing plan is developed and the details of public financing mechanisms finalized, an additional analysis will be conducted to ensure that the total fees, assessments and taxes on the project do not render the project economically Infeasible, 16.2.21 Schools At-fetal-of twoQ_IL9 In Lsere K-8 so In oois.is.Bre designated riated within SIP 11 I.,4, >etl44f+-Ne10 h-b0fbq3-0d-N& -F schools will be owned and operated by the Larnmersville Unified Oementa School District (ILGLU S D). A high school will be constructed In Neighborhood D outside the SP III boundary. The %4 school will be owned and operated by the T4aGy LIN ed School irWrALUSU. Rinding and provision of school altos,facilities and services shall malintain pace with development and enrollment an a neighborhood basis according to the school funding agreements betweeii the school districts and the davalopers within SP 111. TI m I ng requirarnant:5 far phe sad provision of now school fad I ties shall be fled to residential developments enrollment experienced,and projected enrollment equaling a percentage of the ultimate school design capacity as approved by the School District. Phased permanent core facilfles and classrooms may also be supplemented by relocatable classrooms according to State and School District standards and needs. 'Gii�;...................................................................... a.................................................................................. Resolution Template 01/2023