2022-05-18 City Council Item No. 11.2 Consideration of Annexation No. 7 Enclave- (TTM31456) to Community Facilities District No. 2017-1 Presentation Regular MEETING - Additional Meeting MaterialsPUBLIC HEARING ITEM
CONSIDERATION OF ANNEXATION NO. 7:
ENCLAVE–(TTM 31456)
TO COMMUNITY FACILITIES DISTRICT NO. 2017-1
NICOLAS FIDLER, PUBLIC WORKS DIRECTOR
MAY 18, 2022
Discussion
•THE PROPERTY OWNER,RCFC INVESTMENTS,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.7 INCLUDES PROPERTY WITHIN TTM31456.THIS PROPOSED DEVELOPMENT IS TO INCLUDE THE NEW CONSTRUCTION OF 176
DETACHED SINGLE FAMILY RESIDENTIAL UNITS.
•THE PROPOSED MAXIMUM ANNUAL TAX OF $996 PER RESIDENTIAL UNIT,AND WILL
BE INCLUDED IN CFD NO.2017-1 AS “TAX ZONE 7.”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 $175,324. ALL COSTS ASSOCIATED
WITH THE ANNEXATION IS BORNE BY THE DEVELOPER. THERE IS NO FISCAL IMPACT
TO THE CITY’S GENERAL FUND.
Recommended Action
1.ANNEX TERRITORY,TTM 31456,LOCATED WEST OF VALLEY BOULEVARD,SOUTH
OF MCCALL BOULEVARD AND NORTH OF RIDGEMOOR BOULEVARD 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 A RESOLUTION CALLING THE ELECTION;
B.HOLD A SPECIAL LANDOWNER ELECTION AND CANVASS THE ELECTION;
C.ADOPT A RESOLUTION DECLARING RESULTS OF SPECIAL LANDOWNER ELECTION.
2.INTRODUCE AN ORDINANCE AMENDING THE ORDINANCE NO.2017-231 AND
LEVYING AND APPORTIONING THE SPECIAL TAX IN CFD NO.2017-1.
Questions?Thank You.