MEETING DATE:
JUNE 26, 2018
SUBJECT:
Title
RESOLUTION NO. 2018-8524 - ANNEXATION NO. 132 TO THE CITY OF SAN MARCOS COMMUNITY FACILITIES DISTRICT NO. 98-02 LIGHTING, LANDSCAPING, OPEN SPACE AND PRESERVE MAINTENANCE ("CFD NO. 98-02 IA F-54") IMPROVEMENT AREA F-54
Body
Recommendation
Recommendation
ADOPT a resolution certifying the results of the elections and annexing the properties listed below to CFD NO. 98-02 Citywide Improvement Area F-54.
Body
Board or Commission Action
Not applicable.
Relevant Council Strategic Themes
Quality of Life, Good Governance, Planning for the Future, Dynamic and Responsive Service Delivery.
Relevant Department Goal
Not applicable.
Executive Summary
Community Facilities District (CFD) No.98-02 was formed by City Council approval pursuant to the provisions of the "Mello-Roos Community Facilities Act of 1982." The purpose of CFD No. 98-02 is to fund the maintenance of citywide parks, trails, public lighting, and landscaping. Some projects may require the formation of, or annexation into, a special improvement area in order to fund the maintenance of specific improvements in a development. The property owner listed below has consented and elected to annex into CFD No. 98-02 Improvement Area F-54 (CFD 98-02 IA F-54). Improvement area F-54 was formed in 2016 in support of and as a condition of the North City East project (TSM14-002). The special improvement area was formed so that all projects within the University District Specific Plan Area, east of Twin Oaks Valley Road, could share in the maintenance and replacement costs of the citywide and district improvements.
Discussion
Prior to the issuance of a building permit, the property owner listed below was required to mitigate their impacts on citywide parks, trails, public lighting, and landscaping by either paying an in lieu fee or by annexing into CFD No. 98-02 IA F-54. The property owner has chosen to annex into CFD No. 98-02 IA F-54. They have approved such annexation...
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