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IMPARTIAL ANALYSIS CITY OF CAMPBELL COMMUNITY FACILITIES DISTRICT NO. 1 Annexation No. 1 The City Council (“Council”) of the City of Campbell (“City”), acting under the Mello-Roos Community Facilities Act of 1982, commencing at Section 53311, of the California Government Code has formed its “City of Campbell Community Facilities District No. 1” (“CFD”) for the purpose of financing certain public services. In connection with the annexation to the City of a pocket of territory known as Cambrian No. 36 and an area currently located in the City of San Jose known as Central Park (“Annexation Territory”), the City adopted Resolution No. 11501 on January 15, 2013 (“Election Resolution”), calling an election of the registered voters in the Annexation Territory, to be held on April 16, 2013. The election involves two ballot measures (“Ballot Measures”), pursuant to which the registered voters in the Annexation Territory will be asked to approve the annexation of the Annexation Territory to the CFD and the levy of special taxes in the Annexation Territory according to the rate and method of apportionment of special tax described in Exhibit B to the Election Resolution (the “Rate and Method”). The tax rates will not exceed $325 for each single-family detached residential unit, or $600 for each non-residential parcel. Both of the Ballot Measures must be approved by two-thirds of the votes cast in order for either of them to become effective. If the Ballot Measures are approved, each parcel within the Annexation Territory would be subject to a special tax according to the Rate and Method. If the Ballot Measures are approved, a continuing lien to secure the levy of the special tax would attach to all nonexempt property in the Annexation Territory, upon recordation of a notice of special tax lien in accordance with applicable law. The Council has adopted the following accountability measures with respect to the Ballot Measures: the specific purpose of the special tax is set forth in the Ballot Measures; any special tax proceeds shall be applied only to the purposes set forth in the Ballot Measures; the special tax proceeds shall be deposited into special accounts to be created for the tax proceeds; and the City will cause a report to be prepared annually under Section 50075.3 of the Government Code, if required. The proceeds of the tax shall be used to provide fire services, law enforcement services, flood and storm protection, street maintenance and recreation programs. You may refer to the Election Resolution for more information about the boundaries, accountability measures, nature of the services, and the Rate and Method. The above statement is an impartial analysis of Measures A and B. If you desire a copy of the measure, please call the elections official’s office at (408) 866-2117 and a copy will be mailed at no cost to you.