MEETING DATE:
December 14, 2021
SUBJECT:
Title
AUTHORIZATION TO RECORD NOTICE OF CESSATION OF SPECIAL TAX LIEN FOR CERTAIN PROPERTIES IN COMMUNITY FACILITIES DISTRICT NO. (CFD) 98-02 (LIGHTING, LANDSCAPING, OPEN SPACE AND PRESERVE MAINTENANCE).
Body
Recommendation
Recommendation
ADOPT the resolution authorizing the recording of a Notice of Cessation of Special Tax Lien for certain properties within Community Facilities District No. (CFD) 98-02 (Lighting, Landscaping, Open Space and Preserve Maintenance).
Body
Board or Commission Action
Not applicable.
Relevant Council Strategic Theme
Good Governance
Relevant Department Goal
No applicable.
Executive Summary
In order to prevent confusion regarding the special tax lien on certain property subject to a special tax for lighting, landscaping, open space and preserve maintenance facilities and services, a Notice of Cessation of Special Tax Lien needs to be approved and recorded against certain properties located in Community Facilities District No. 98-02 ("CFD 98-02") which have been annexed into a special improvement area within CFD 98-02.
Discussion
APNs 221-080-29-00, 221-142-18-00, & 221-142-21-00 (the "Property") have been annexed to CFD 98-02 to pay for lighting, landscaping, open space and preserve maintenance facilities and services (the "CFD 98-02 Services") and an amendment to the notice of special tax lien was recorded (the "CFD 98-02 Notice"). As a result of a right-of-way (ROW) acquisition by the developer, the parcel boundaries and parcel numbers encompassing these properties were changed to APNs 221-081-01-00, 221-081-02-00, 221-081-03-00, 221-081-04-00, and 221-081-05-00. Subsequently, a special improvement area encompassing the Property was established and, pursuant to Resolution No. 2021-8953, the parcels were annexed into the special improvement area Community Facilities District 98-02 F-57 ("CFD 98-02 F-57") under one rate and method of apportionment to pay for specific lighting...
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