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Auditor-Controller recommending the Board Approve the Final Passage (Second Reading) of Ordinance 5100 to Levy Special Taxes within Community Facilities District 2019-1 (Bass Lake Hills Services). (Cont. 4/2/19, Item 42)
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DISCUSSION / BACKGROUND
On April 2, 2019 (Item 42), the Board heard Ordinance 5100 and Continued the Ordinance to April 9, 2019 for Final Passage.
In accordance with Section 3.7 of the County's Community Benefit and Development Agreement with Lennar Winncrest, LLC (the “Developer”) for each of the Hawk View, Bell Ranch and Bell Woods areas of the Bass Lake Specific Plan, the County is required to assist the Developer in forming an entity for the maintenance of public roads and drainage facilities related to the projects. The Developer has requested the County to form a community facilities district (“CFD”) in connection with that obligation of the Developer.
On February 26, 2019, the Board adopted a Resolution of Intention setting forth the intention to establish Community Facilities District 2019-1 (Bass Lake Hills Services) and stating the County's intention to levy a special tax to pay for certain public services to be furnished to new development within the CFD. The boundary of the CFD showing the area initially to be taxed, the formula for calculation of the special tax and the list of authorized services were specified in the Resolution of Intention and are shown on a recorded boundary map. The Resolution also set April 2, 2019 as the date for a hearing on the matters set forth therein, and on the public hearing date the Board has the opportunity to finally form the CFD and authorize the tax. At the same time an election of the property owners can be completed. The election results will unanimously favor the District taxes and bonds, as Lennar Homes of California and Lennar Winncrest LLC, the Developers, are the only property owners within the District boundaries, will be voting. The Developers have waived a number of notic...
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