2022-04-20 City Council Item No. 11.1 CFD 2017-1 Annex 12 - Legado Presentation Regular MEETING - Additional Meeting MaterialsPUBLIC HEARING ITEM NO. 11.1
CONSIDERATION OF ANNEXATION NO. 12:
LEGADO–(TTM 37408 & 37409)
TO COMMUNITY FACILITIES DISTRICT NO. 2017-1
NICOLAS FIDLER, PUBLIC WORKS DIRECTOR
APRIL 20, 2022
Discussion
•THE PROPERTY OWNER, BLC FLEMING, LLC, HAS REQUESTED THE CITY ASSIST THEM IN
ANNEXING TERRITORY INTO CFD NO. 2017-1 TO COVER THE COSTS ASSOCIATED WITH
THE MAINTENANCE OF PUBLIC IMPROVEMENTS.
•THE AREA PROPOSED WITHIN ANNEXATION NO. 12 INCLUDES PROPERTY WITHIN TTM 37408 & 37409. THIS PROPOSED DEVELOPMENT IS TO INCLUDE THE NEW
CONSTRUCTION OF 1,022 DETACHED SINGLE FAMILY RESIDENTIAL UNITS.
•THE PROPOSED MAXIMUM ANNUAL TAX OF $968 PER RESIDENTIAL UNIT, AND WILL
BE INCLUDED IN CFD NO. 2017-1 AS “TAX ZONE 12.” THIS TAX RATE INCLUDES A
MAXIMUM SPECIAL TAX A OF $963 PER UNIT PER YEAR FOR MAINTENANCE SERVICES OF
PUBLIC FACILITIES AND A MAXIMUM ANNUAL SPECIAL TAX B (CONTINGENT) OF $5 PER
UNIT PER YEAR. THE MAXIMUM ANNUAL TAX IS PROPOSED TO ESCALATE AT THE GREATER
OF THE CONSUMER PRICE INDEX (CPI) OR 2%.
Discussion (Cont.)
•THE SERVICES, WHICH MAY BE FUNDED WITH PROCEEDS OF THE SPECIAL TAX
INCLUDE:
•ALL COSTS ATTRIBUTABLE TO MAINTAINING,SERVICING,CLEANING,REPAIRING
AND/OR REPLACING LANDSCAPED AREAS IN PUBLIC STREET RIGHT-OF-WAY ’S,PUBLIC
LANDSCAPING,PARKS ,OPEN SPACES AND OTHER SIMILAR LANDSCAPED AREAS
OFFICIALLY DEDICATED FOR PUBLIC USE,STREET SWEEPING AND PAVEMENT
MANAGEMENT,STREET LIGHTING AND TRAFFIC SIGNAL MAINTENANCE,GRAFFITI
REMOVAL AND ABATEMENT,FLOOD AND STORM PROTECTION SERVICES AND THE
OPERATION OF STORM DRAINAGE SYSTEMS.
•IN ADDITION TO THE COSTS OF THE FORGOING SERVICES,PROCEEDS OF THE SPECIAL
TAX MAY BE EXPENDED TO PAY ADMINISTRATIVE EXPENSES AND FOR THE COLLECTION
OF RESERVE FUNDS.
Location Map
Maintenance Exhibit
Fiscal Impact
•IT IS ANTICIPATED THAT AT BUILD-OUT THE TOTAL SPECIAL TAX REVENUES TO PAY FOR
MAINTENANCE COSTS WILL BE APPROXIMATELY $984,069. ALL COSTS ASSOCIATED
WITH THE ANNEXATION ARE BORNE BY THE DEVELOPER. THERE IS NO FISCAL IMPACT
TO THE CITY’S GENERAL FUND.
Recommended Action
1.Annex territory,including Tentative Tract Map (TTM)37408 &
37409,located east of Encanto Drive,south of Rouse Road,west
of Antelope Road,and north of Chambers Avenue,into City of
Menifee Community Facilities District No.2017-1 (Maintenance
Services)("CFD No.2017-1"or "CFD")by taking the following
actions:
a.Adopt the Resolution calling the election,and
b.Hold a special landowner election and canvass the election,
and
c.Adopt the Resolution declaring results of special landowner
election;and
2.Introduce an Ordinance,amending the Ordinance No.2017-231
and levying and apportioning the special tax in CFD 2017-1.
Questions?Thank You.