CITY OF MENIFEE
SUBJECT: Proposed Formation of Community Facilities District 2025-3, Quail Hills, by Quail Hills, LP
MEETING DATE: July 8, 2025
TO: Finance Committee
PREPARED BY: Lauri Lockwood, Financial Analyst
REVIEWED BY: Travis Hickey, Chief Financial Officer
APPROVED BY: Armando G. Villa, City Manager
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RECOMMENDED ACTION
1. Review the proposed Community Facilities District (CFD) 2025-3, Quail Hills, to finance certain costs of public improvements for the development of 130 single-family homes located between Williams Drive and Goetz Road and recommend submittal to the City Council for consideration.
DISCUSSION
The landowner, Quail Hills LP, is proposing to develop 130 single-family homes on land that sits between Williams Drive and Goetz Road in the Quail Valley area of the City of Menifee. Quail Hills LP has requested the City form CFD 2025-3 in accordance with the Mello-Roos Community Facilities Act of 1982, as amended. The cost of certain public improvements within the development would be financed by the levy of a special tax and the issuance of bonds in the approximate amount of $4 million.
This application conforms to the requirements in the City’s CFD policy: The landowner has provided the developer deposit required to form the district and the tax rate on homes would not exceed 2%. The bond proceeds would be used to pay for development impact fees. There are no Joint Community Facilities Agreements requested. The water district is forming a separate CFD to pay for the cost of water facilities.
ATTACHMENTS
1. CFD 2025-3 Proforma Summary
2. CFD 2025-3 Project Map
3. CFD 2025-3 Proforma
City of Menifee Staff Report
Proposed Formation of CFD 2025-3, Quail Hills, by Quail Hills, LP July 8, 2025
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4. CFD 2025-3 Boundary Map
5. CFD 2017-1 Annexation 25 Maintenance Exhibit
6. CFD 2025-3 Facilities CFD Application