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CONSIDERATION OF ESTABLISHMENT OF COMMUNITY FACILITIES DISTRICT CFD NO. 17-I, WESTERN CHULA VISTA DEVELOPMENT IMPACT FEE (DIF) FINANCING PROGRAM (THE "FORMATION PROCEEDINGS")
A) RESOLUTION NO. 2016-017 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING A MAP SHOWING THE BOUNDARIES OF THE TERRITORY PROPOSED TO BE INCLUDED IN COMMUNITY FACILITIES DISTRICT NO. 17-I (WESTERN CHULA VISTA DIF FINANCING PROGRAM)
B) RESOLUTION NO. 2016-018 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA DECLARING ITS INTENTION TO ESTABLISH COMMUNITY FACILITIES DISTRICT NO. 17-I (WESTERN CHULA VISTA DIF FINANCING PROGRAM) AND TO AUTHORIZE THE LEVY OF A SPECIAL TAX THEREIN TO FINANCE THE PAYMENT OF CERTAIN DEVELOPMENT IMPACT FEE OBLIGATIONS, ORDERING AND DIRECTING THE PREPARATION OF A REPORT FOR SUCH PROPOSED COMMUNITY FACILITIES DISTRICT, AND SETTING THE PUBLIC HEARING TO CONSIDER ESTABLISHMENT OF SUCH DISTRICT
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RECOMMENDED ACTION
Recommended Action
Council adopt the resolutions.
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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 impact fees can be accomplished by agreement or by projects annexing into a Community Facilities District. At that time, staff indicated that it would return at a later date with the current action to establish such a Community Facilities District that would be available to projects located in industrial, commercial and high density residential zones located throughout Western Chula Vista and the Main Street Auto Park. This is the first of several actions required by the City Council to consider the formation of the Community Facilities District which is proposed to be designated as Community Facilities District No. 17-I (Western Chula Vista DIF Financing Program) (the "CFD").
ENVIRONMENTAL REVIEW
Environmental Notice
Environmental Notice
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