2020-05-20 City Council Item No. 11.2 Consideration of Annexation No. 31: Ethanac Road Inv (Par 1 & 2 - PM 37289) to Community Facilities District No. 2015-2 Presentation Regular MEETING - Additional Meeting MaterialsPUBLIC HEARING ITEM
CONSIDERATION OF ANNEXATION NO. 31:
ETHANAC ROAD INV (PAR 1 & 2 –PM 37289)
TO COMMUNITY FACILITIES DISTRICT NO. 2015-2
PUBLIC HEARING –ITEM 11.2
MAY 20, 2020
Discussion
•THE PROPERTY OWNERS HAVE REQUESTED THE CITY ASSIST THEM IN ANNEXING
TERRITORY INTO CFD NO. 2015-2 TO COVER THE COSTS ASSOCIATED WITH THE
MAINTENANCE OF PUBLIC IMPROVEMENTS.
•THE AREA PROPOSED WITHIN ANNEXATION NO. 31 INCLUDES APNS 331-060-034 AND331-060-035 BEING PARCELS 1 AND 2 WITHIN PM 37289. ANNEXATION NO. 31
CONSISTS OF 2.57 GROSS ACRES OF VACANT COMMERCIAL PROPERTY.
•THE PROPOSED MAXIMUM ANNUAL TAX OF $3,703 PER ACRE WILL BE INCLUDED IN CFD
NO. 2015-2 AS TAX ZONE 31.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
Fiscal Impact
•IT IS ANTICIPATED THAT AT BUILD-OUT THE TOTAL SPECIAL TAX REVENUES TO PAY FOR
MAINTENANCE COSTS WILL BE APPROXIMATELY $9,515 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.CITY COUNCIL INITIATE ANNEXATION OF TERRITORY TO CITY OF MENIFEE COMMUNITY
FACILITIES DISTRICT NO.2015-2 (MAINTENANCE SERVICES)("CFD NO.2015-2"OR
"CFD")BY TAKING THE FOLLOWING ACTIONS:
A.HOLD PUBLIC HEARING,
B.ADOPT A RESOLUTION CALLING THE ELECTION,
C.HOLD A SPECIAL LANDOWNER ELECTION AND CANVASS THE ELECTION,
D.ADOPT A RESOLUTION DECLARING RESULTS OF SPECIAL LANDOWNER ELECTION;
AND
2.UPON APPROVAL OF THE PRECEDING RESOLUTIONS,AMEND ORDINANCE NO.2015-173
AND ORDER THE LEVY AND COLLECTION OF SPECIAL TAXES IN CFD NO.2015-2;AND
3.INTRODUCE AN ORDINANCE AMENDING ORDINANCE NO.2015-173 AND LEVYING AND
APPORTIONING THE SPECIAL TAX IN CFD NO.2015-2 (AS IT NOW EXISTS AND WILL EXIST IN
THE FUTURE).
Questions?Thank You.