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CONSIDERATION OF ESTABLISHING COMMUNITY FACILITIES DISTRICT NO. 17-I, DECLARING THE RESULTS OF THE SPECIAL ELECTION WITHIN CFD 17-I AND AUTHORIZING THE LEVY OF SPECIAL TAXES WITHIN CFD 17-I (THE "FORMATION PROCEEDINGS")
A. RESOLUTION NO. 2016-049 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA FORMING AND ESTABLISHING COMMUNITY FACILITIES DISTRICT NO. 17-I (WESTERN CHULA VISTA DIF FINANCING PROGRAM) AND AUTHORIZING SUBMITTAL OF THE LEVY OF SPECIAL TAXES WITHIN SUCH COMMUNITY FACILITIES DISTRICT TO THE QUALIFIED ELECTORS THEREOF
B. RESOLUTION NO. 2016-050 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACTING IN ITS CAPACITY AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 17-I (WESTERN CHULA VISTA DIF FINANCING PROGRAM) DECLARING THE RESULTS OF A SPECIAL ELECTION IN SUCH COMMUNITY FACILITIES DISTRICT
C. ORDINANCE OF THE CITY OF CHULA VISTA ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 17-I (WESTERN CHULA VISTA DIF FINANCING PROGRAM) AUTHORIZING THE LEVY OF A SPECIAL TAX IN SUCH COMMUNITY FACILITIES DISTRICT (FIRST READING)
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RECOMMENDED ACTION
Recommended Action
Council conduct the public hearing, adopt resolution A, direct the City Clerk to conduct the special election; if levy of taxes is approved by voters, adopt resolution B and place the ordinance on first reading.
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SUMMARY
In April 2015, the City Council adopted an amendment to the municipal code that allowed the City Council to defer development impact fees for projects within Western Chula Vista. The deferral of impacts fees can be accomplished by agreement or by projects annexing into a Community Facilities District (CFD). At that time, staff indicated that it would return at a later date with the current action to establish a CFD that would be available to projects located in industrial, commercial and high density residential zones located throughout Western Chula Vista and the Chula Vista Auto Park area. On February 9, 2016, the C...
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