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EAGLE VISTA/LAKE RANCH - CFD 21-3M

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EV/LR

 

Term:  The Special Tax shall be levied annually in perpetuity unless terminated earlier by the County.

Finances: costs associated with the special taxes levied in Improvement Area A will finance the following services:  street lighting maintenance, which includes energy charges, operation, maintenance, and administration of street lighting located within the surrounding area of Improvement Area A.

Finances: cost associated with the special taxes levied in Improvement Area B will finance the following services: (i) Street lighting maintenance, which includes energy charges, operation, maintenance, and administration of street lighting located within the surrounding area of Improvement Area B. (ii) Traffic signal maintenance including energy charges, operation, maintenance, and administrative costs of traffic signal within Improvement Area B.  (iii) Landscaping improvements that may include, but are not limited to, turf, ground cover, shrubs, trees, plants, irrigation and drainage systems, masonry walls or other fencing and graffiti abatement located within the designated boundaries of Improvement Area B.

The Notice of Special Tax for Improvement Area A: The annual levy is $121 per Single Family Property for Fiscal Year 2021-2022 however, commencing July 1, 2022, this amount shall be increased annually based on the percentage increase in the Consumer Price Index with a maximum annual increase of six percent (6%) and a minimum annual increase of two percent (2%). The Notice of Special Tax Lien has been recorded for the above referenced project.  Recording information is as follows:  4/7/22 Document # 2022-0166777.

The Notice of Special Tax for Improvement Area B: The annual levy is $164 per Single Family Property for Fiscal Year 2021-2022 however, commencing July 1, 2012, this amount shall be increased annually based on the percentage increase in the Consumer Price Index with a maximum annual increase of six percent (6%) and a minimum annual increase of two percent (2%). The Notice of Special Tax Lien has been recorded for the above referenced project.  Recording information is as follows:  4/7/22 Document # 2022-0166777.

Tract: 31700-1, 33303, 36730