County of Riverside, Economic Development Agency (EDA) Community Facilities District (CFD) No. 19-lM (La Ventana) of the County of Riverside; Adoption of Ordina

On January 27, 2015, the Board of Supervisors revised Board Policy B-12 entitled "Land Secured Financing Districts" to include "Service and Maintenance CFDs" to fund the ongoing maintenance of landscape, storm water Best Management Practices (BMP), street lighting, or other similar improvements and set goals and policies concerning Community Facilities Districts (CFD). As approved by voters, a special tax is to be levied on each individual parcel located within the boundary of the CFD to fund the costs associated with services for lighting and maintenance services for streets, roads, parks, parkways, and open space. The special tax is levied according to a Rate and Method of Apportionment which is developed with respect to the specific features of the particular development within the District and which is approved by the eligible voters and later adopted by ordinance. The special tax levy is annually placed on the tax roll for each Assessor Parcel Number noted in the CFD Boundary Map. La Ventana 242, LLC is the Developer of Tract Map No. 31100 (Developer) and requested that the County form a CFD to cover the costs associated with the maintenance of public improvements within the district. The boundaries of CFD No. 19-21 (La Ventana) will encompass the entire Tract Map No. 31100 which is projected to include 221 assessable single family dwelling units. On May 7, 2019, the Board of Supervisors adopted Resolution 2019-070, a resolution of intention, as the initial step for forming the CFD and declaring the Board's intention to levy a special tax to fund the of Intention to establish a CFD for La Ventana in order to authorize the levy of special taxes to fund, pay for, and finance authorized maintenance and service activities. On June 11, 2019, per agenda item 19.2, the Board of Supervisors held a public hearing to receive public comments and conduct a majority protest hearing concerning the establishment of the CFD and the levy of the special tax. At the conclusion of the public hearing, the Board of Supervisors adopted Resolution No. 2019-112, the resolution of formation of the CFD, authorizing the levy of a special tax within the CFD to pay for on-going maintenance services, calling a special election to submit to the respective qualified voters the question of levying such special tax, and establishing an appropriations limit for the CFD; and designating the election official for such matters. On July 23, 2019, per agenda item 3.21, the Board of Supervisors adopted Resolution No. 2019-161 declaring the results of the election regarding the proposed special tax and finding that 100% of the votes cast were in favor of the levy of the special tax. In addition, the Board introduced Riverside County Ordinance No. 953 authorizing the levy of the special tax pursuant to the Rate and Method of Apportionment approved by the voters. The Board of Supervisors is now proposing to formally adopt Riverside County Ordinance No. 953 authorizing the levy of the special tax pursuant to the Rate and Method of Apportionment approved by the voters. Riverside County Ordinance No. 953, which authorizes the levy of a special tax within the La Ventana CFD to fund services for maintenance and service activities, is identified as the proposed project under the California Environmental Quality Act (CEQA). The Ordinance includes the creation of a funding mechanism to provide maintenance and service activities within the CFD. No expansion of an existing use will occur. No additional direct or indirect physical environmental impacts are anticipated from the provision of maintenance services identified in the Riverside County Ordinance No. 953.