On June 5, 2001, the Board approved Resolutions creating Contra Costa County Community Facilities District No. 2001-1 (Norris Canyon Estates) and authorizing a special tax to pay for the debt service on the issuance of tax-exempt bonds. Proceeds from the bond issuance were used to finance street and utility improvements along Norris Canyon Road. A Special Tax Consultant is required to properly administer the tax and provide the following ongoing services: establishing and maintaining a district database necessary for the calculation of the annual special tax in accordance with the Rate and Method of Apportionment specified in the bond documents; annually calculating the special tax and enrolling it on the property tax roll; acting as primary contact on all inquiries from appraisers, title companies and property owners; preparing annual assessment related reports, including those required to comply with the Local Agency Special Tax and Bond Accountability Act; preparing annual continuing disclosure reports to meet the requirements of Securities Exchange Commission (SEC) Section 15c2-12, continuing disclosure to National Recognized Municipal Securities Repositories (NRMSR) Government Code Section 53359.5, continuing disclosure to California Debt and Investment Advisory Commission (CDIAC) and Government Code Section 53340.2, and property specific reports prepared for individuals on request. The contract has a payment limit of $200,000 over a 20- year life (approximately $8,500 per year plus inflation adjustments. The Term of the original contract also allows options to renew every three (3) years until Bond maturity, unless sooner terminated as provided herein. This amendment will allow Contractor to continue to provide the services to June 30, 2020.

If this contract amendment is not approved, administration of the Community Facilities District will not occur.