NOTICE OF PUBLIC HEARING PLACER COUNTY BOARD OF SUPERVISORS WHERE: Board of Supervisors Chambers, 175 Fulweiler Avenue, Auburn, CA 95603. WHEN: June 30, 2026; 9:00 a.m. SUBJECT: (1) PROPOSED county of placer community facilities district No. 2026-1 (Placer Commerce Center), And (2) A PROPOSED future annexation area ; supervisorial district no. 2 Under the Mello-Roos Community Facilities Act of 1982 ("Act") and according to the resolution of intentions identified below, the Board of Supervisors ("Board") gives notice as follows: The public hearing on the establishment of the County of Placer Community Facilities District No. 2026-1 (Placer Commerce Center) ("CFD") and the future annexation area for the CFD ("Future Annexation Area"), the facilities, the services, the special tax, the necessity of incurring the amount of bonds listed below, and the necessity for incurring other debt for the CFD will be held on Tuesday, June 30, 2026, at 9:00 a.m. or as soon as possible thereafter, in the County Administrative Center, 175 Fulweiler Avenue, Auburn, California. The Board previously adopted the following resolutions of intention ("Resolutions"): (1) a resolution of intention to establish the CFD and the Future Annexation Area, and to authorize the levy of special taxes in the CFD ("Resolution of Intention (Establish)"); and (2) a resolution of intention to incur bonded indebtedness and other debt for the CFD ("Resolution of Intention (Debt)"). The Resolution of Intention (Establish) is summarized as follows: 1. Under the Act, the Board of Supervisors is undertaking proceedings for the establishment of the CFD and the Future Annexation Area, the boundaries of which are shown on a map on file with the County. 2. The purpose of the CFD is to provide for the (i) financing of the public facilities ("Facilities") and (ii) certain public services ("Services") as more fully described in the Resolution of Intention (Establish) and Exhibit B thereto. 3. The method of financing the Facilities and Services is through the levy of a special tax ("Special Tax") to be apportioned on the properties in the CFD (including properties in the Future Annexation Area that annex to the CFD) under the rate and method of apportionment described in the Resolution of Intention (Establish) and Exhibit C thereto. 4. The Resolution of Intention (Establish) directed the preparation of a CFD Report that describes and estimates the costs of the Facilities and the Services. The CFD Report will be made a permanent part of the record of the public hearing specified below. Reference is made to the CFD Report as filed with the Clerk of the Board of Supervisors. 5. Property within the Future Annexation Area will be annexed to the CFD, and a special tax will be levied on such property, only with the unanimous approval ("Unanimous Approval") of the owner or owners of each parcel or parcels at the time that parcel or those parcels are annexed, without additional hearings or elections. Pursuant to Section 53329.6 of the Act, a Unanimous Approval executed by the owner of a parcel constitutes the vote of the qualified elector in favor of the matters addressed in the unanimous approval for purposes of the California Constitution. 6. As set forth below, the Board of Supervisors will hold a public hearing on the establishment of the CFD and the Future Annexation Area, the Facilities, the Services, and the Special Tax. The Resolution of Intention (Debt) is summarized as follows: 1. The Board of Supervisors estimates the amount required to finance the costs of the Facilities to be not more than $14,000,000 and, in order to finance such costs, it is necessary to incur bonded indebtedness in the amount of not more than $14,000,000 as well as other debt (as defined in the Act). 2. The purpose of the proposed bonded indebtedness and other debt is to finance the Facilities, including acquisition and improvement costs and all costs incidental to or connected with the accomplishment of such purposes and of the financing thereof, as permitted by the Act. 3. The Board of Supervisors intends to authorize the issuance and sale of bonds ("Bonds") in the aggregate principal amount of not more than $14,000,000 in such series and bearing interest payable semi-annually or in such other manner as the Board of Supervisors shall determine, at a rate not to exceed the maximum rate of interest as may be authorized by applicable law at the time of sale of the Bonds, and maturing not to exceed 40 years from the date of the issuance of the Bonds. The Board of Supervisors also intends to authorize the issuance and sale of other debt. 4. The public hearing on the establishment of the CFD and the Future Annexation Area, the Facilities, the Services, the Special Tax, the necessity of incurring the above amount of Bonds, and the necessity for incurring other debt for the CFD will be held on Tuesday, June 30, 2026, at 9:00 a.m. or as soon as possible thereafter, in the County Administrative Center, 175 Fulweiler Avenue, Auburn, California. 5. At the hearing, the testimony of all interested persons or taxpayers for or against the establishment of the CFD, the extent of the CFD, the Special Tax, the furnishing of the specified Facilities and Services, and the proposed issuance of Bonds and other debt, will be heard. Any person interested may file a protest in writing as provided in Section 53323 of the Act. Any protests pertaining to the regularity or sufficiency of the proceedings shall be in writing and shall clearly set forth the irregularities and defects to which objection is made. All written protests must be filed with the Clerk of the Board of Supervisors on or before the time fixed for the hearing. If 50% or more of the registered voters, residing in the territory proposed to be included in the CFD, or the owners of one-half or more of the area of land in the territory proposed to be included in the CFD and not exempt from the special tax, file written protests against the establishment of the CFD and the protests are not withdrawn to reduce the value of the protests to less than a majority, the Board of Supervisors shall take no further action to create the CFD or levy the Special Tax for period of one year from the date of decision of the Board of Supervisors, and, if the majority protests of the registered voters or landowners are only against the furnishing of a type or types of Facilities or Services within the CFD, or against levying a specified special tax, those types of Facilities or Services or the specified part of the Special Tax will be eliminated from the proceedings to form the CFD. In addition, at the hearing, the testimony of all interested persons for and against the establishment of the Future Annexation Area or the levying of special taxes within any portion of the Future Annexation Area annexed in the future to the CFD will be heard. If 50% or more of the registered voters, or six registered voters, whichever is more, residing within the proposed territory of the CFD, or if 50% or more of the registered voters, or six registered voters, whichever is more, residing in the territory proposed to be included in the Future Annexation Area, or the owners of 50% or more of the area of land in the territory proposed to be included in the CFD or in the Future Annexation Area, file written protests against the establishment of the Future Annexation Area and the protests are not withdrawn to reduce the value of the protests to less than a majority, the Board of Supervisors shall take no further action to create the Future Annexation Area for a period of one year from the date of decision of the Board of Supervisors. If there is no majority protest against the establishment of the CFD, the Board of Supervisors may submit the levy of the Special Tax for voter approval at a special election. The Special Tax requires the approval of 2/3rds of the votes cast at a special election by the property owner voters of the CFD, with each owner having one vote for each acre or portion thereof such owner owns in the CFD. Administrative remedies must be exhausted prior to an action being initiated in a court of law. If the proposed action is challenged in court, one may be limited to those issues raised at the public hearing described in this notice or in written correspondence delivered prior to the public hearing. All letters, written materials, studies or reports can be delivered in advance to the Clerk of the Board, 175 Fulweiler Avenue, Room 101 Auburn, CA 95603 or presented during the hearing. Written protests will be accepted by the Clerk in advance of and during the hearing. All pertinent information and documents, including documents identified in this notice, related to the County of Placer Community Facilities District No. 2026-1 (Placer Commerce Center) are on file with the Clerk of the Board, 175 Fulweiler Avenue, Room 101, Auburn, CA 95603. Further information on this item can be obtained by calling the Community Executive Office, 530-889-4030 or 800-488-4308. Dated as of June 22, 2026 BOARD OF SUPERVISORS Clerk of the Board, Megan Wood DISTRIBUTION: COUNTY DEPARTMENTS: Placer County Bond Screening Committee CDRA, CEO, Treasurer IPL0350372 Jun 22 2026