November 4, 2025
TO: City Council
REQUESTED BY: Tom Prill, Deputy City Manager
APPROVED BY: Robert A. Johnson, City Manager
SUBJECT: JCFA Approval - CFD 2024-2 SJUSD-DRHorton-COSJ RECOMMENDATION:
Staff recommends that the City Council adopt Resolution No. 4108, approving the Joint Community Facilities Agreement as to form between San Jacinto Unified School District, DR Horton, and the City of San Jacinto, for Community Facilities District No. 2024-2 Improvement Area 1
DISCUSSION:
The San Jacinto Unified School District (SJUSD) has established Community Facilities District No. 2024-2, Improvement Area No. 1 (CFD 2024-2, IA-1), pursuant to the Mello-Roos Community Facilities Act of 1982. The SJUSD Governing Board adopted a Resolution of Intention for CFD 2024-2, IA-1 on November 11, 2024, and held a public hearing regarding the types of public facilities and services to be financed on December 19, 2024.
CFD 2024-2, IA-1 is planned to support the development of single-family residences within Tract No. 38339. The district is geographically situated southeast of Cottonwood Avenue and South Kirby Street, and northwest of Oostam Drive and Ivy Crest Drive, as illustrated in the Boundary Map attached hereto as Exhibit A.
The property owner, DR Horton, in coordination with SJUSD, has requested that the City of San Jacinto (City) enter into a Joint Community Facilities Agreement (JCFA) with SJUSD pertaining to CFD 2024-2, IA-1. DR Horton is the sole owner of the property within the district boundaries.
The CFD will be structured in accordance with the City’s land-secured financing policy, ensuring that the overall effective tax rate does not exceed two percent at the time of bond issuance. The CFD will finance both SJUSD fees and City development impact fees. The City may assume ownership and operational responsibility for any City facilities financed through this CFD. SJUSD has further agreed that the City’s name shall not appear on the property tax roll for any parcels within CFD 2024-2, IA-1.
Resolution No. 4108, attached hereto as Exhibit B, approves the JCFA (Exhibit C) in substantially the form presented and authorizes the Mayor and City Clerk to execute and deliver the agreement on behalf of the City.
FISCAL IMPACT:
None.
ATTACHMENTS:
Exhibit A - Boundary Map
Exhibit B - Resolution
Exhibit C - JCFA - SanJacintoUSD_CityofSanJacinto_DRH