REPORT TO CITY COUNCIL
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, City Manager
Prepared by:Shannon Buckley, Assistant City Manager
Date:May 27, 2025
Subject:Lake Elsinore Community Facilities District No. 2015-1 (Safety Services) Declaring Its Intention to Consider Annexing Territory TTM 34249 Annexation No. 15
Recommendation
Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,
CALIFORNIA, ACTING AS THE LEGISLATIVE BODY OF COMMUNITY FACILITIES DISTRICT NO. 2015-1 OF THE CITY OF LAKE ELSINORE (SAFETY SERVICES), DECLARING ITS
INTENTION TO CONSIDER ANNEXING TERRITORY TO COMMUNITY FACILITIES DISTRICT NO. 2015-1 OF THE CITY OF LAKE ELSINORE (SAFETY SERVICES) Background
In 2016, the City formed Community Facilities District No. 2015-1 of the City of Lake Elsinore (Safety Services) ("Community Facilities District No. 2015-1" or the "District") according to the Mello-Roos Community Facilities Act of 1982, as amended (the "Act"). The District is authorized to levy a special tax within its boundaries to provide, among others, police protection services, fire protection and suppression services, and paramedic services.
The owner, Tri Pointe Homes IE-SD, Inc. (the "Owner"), owns property containing 133 proposed residential lots within the City and has requested that the City assist them in annexing territory into CFD No. 2015-1 (Safety Services) to cover the costs associated with safety services. The property is located south of Hemlock Street, west of Pine Ave, in the City's eastern part.
The landowner has advised the City that the area described in Exhibit "B" of the Resolution of Intention is to be annexed into CFD No. 2015-1 and that a Rate and Method of Apportionment of the special taxes to be levied as described in Exhibit "C." CFD 2015-1 (Safety Services) Annexation 15
The proposed maximum tax rate is $1,040 per unit annually, starting Fiscal Year 2025-26. The Annual Special Tax rate is proposed to escalate yearly at the greater of the Consumer Price Index (CPI) or 4%.
The City has agreed to the Annexation into the CFD. The Owners have submitted a "Consent and Waiver" form on file in the City Clerk's Office to initiate and conduct proceedings according to the Mello-Roos Act of 1982, requesting the Annexation of property to CFD No. 2015-1 (Safety Services) and consenting to the shortening of election time requirements, waiving analysis and arguments, and waiving all notice requirements relating to the conduct of the election.
The next step in annexing the property to CFD No. 2015-1 is to publish a notification of the proposed Annexation along with the "Resolution of Intention" and Boundary Map of the proposed Annexation area. A public hearing on the matter will take place on July 8, 2025, and at that time, the Council will formally consider approval of Annexation No. 15.
Fiscal Impact
The Owners have made a deposit to pay for the costs of the Annexation.
The Annexation will result in property owners paying a $1,040 per unit tax for single-family property plus an annual escalation of the greater CPI or 4%.
Attachments
Attachment 1 - Project Map
Attachment 2 - Resolution of Intention
Exhibit A - Resolution Exhibits A-G
Administrative Services