CFD Annexations for New Developments
Summary
The city is borrowing up to $12 million to finish streets and infrastructure for the 402-home KB Homes Terracina project, repaid by a special tax on those homeowners rather than the general fund. Bond counsel said about half the homes were already sold as of November.
At a glance
- Total mentions
- 9
- Last 30 days
- 2
Rising — discussed at 3 meetings since Sep 22, 2026, up from 0 in the two months before.
Impact analysis
Up to $12 million in bonds repaid by special taxes on Terracina homeowners, not citywide taxpayers.
Terracina homeowners get completed roads and services, and the city gets infrastructure without touching general tax dollars.
The annexed property owners take on new special tax obligations.
Mentions & discussions (10)
City Council
Three new developments — Lakefront Plaza, Collier Avenue Shops, and Tommy's Car Wash — are in the pipeline to join the city's maintenance-services special tax district. Owners in those areas would pay special taxes covering upkeep services.
City Council
Three commercial properties will join the city's maintenance services district, whose property owners pay a special tax for things like lighting, landscaping and maintenance. Landowners voted by mail and each measure passed with more than two-thirds.
City Council
The council declared intentions to annex four new developments — Fleming & Sons, Tommy's Carwash, Lakefront Plaza, and Collier Avenue Shops — into the 2015-2 maintenance services district, which will levy special taxes for upkeep.
City Council
Three properties were brought into the city's special-tax districts, meaning their owners will pay assessments that fund city maintenance and safety services. Zero written protests were filed, and the landowner elections all passed with more than two-thirds approval.
City Council
The In-N-Out tract's proposed annexation into the city's maintenance district was hearing-ready but got pushed to June 23.
City Council
Two properties were annexed into the city's 2015 safety services and maintenance services districts through special elections where landowners voted overwhelmingly yes. That means the newly annexed Bamiyan Marketplace and Annexation No. 16 territory will pay the special taxes funding sheriff's services and district maintenance.
City Council
The council started proceedings to consider changing the special tax rate for Community Facilities District No. 2025-1 and to annex TTM 34249 into CFD No. 2015-2 for maintenance services — steps that fund upkeep in the Canyon Hills Heights area.
City Council
The council started the process to pull two Bamiyan Marketplace parcels into the city's safety-services and maintenance-services community facilities districts, meaning those property owners would pay special taxes for those services.
City Council
The city is borrowing up to $12 million to finish streets and infrastructure for the 402-home KB Homes Terracina project, repaid by a special tax on those homeowners rather than the general fund. Bond counsel said about half the homes were already sold as of November.
Old Walmart Building In Lake Elsinore To House New Boat Dealership
Old Walmart Building In Lake Elsinore To House New Boat Dealership Patch
Related development
Annexation No. 34 — Tommy's Car Wash (PM 20268)
No action yet — the property's annexation into the CFD will be considered at the next meeting.
Annexation No. 33 — Fleming & Sons
The annexed properties will pay the CFD special tax in exchange for funded maintenance services.
Annexation No. 30 into CFD No. 2015-2 — Tract Map 37703 (In-N-Out)
The In-N-Out site will contribute special taxes toward maintenance services once the annexation is completed.
Annexation No. 34 — Tommy's Carwash
If finalized, the carwash property would be taxed for district maintenance services.
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