Lake Elsinore

City Council

May 27, 2025 Item #12

Agenda Item 12

12)\nIntention to Establish Community Facilities District No. 2025-1 of the City of\nLake Elsinore (Canyon Hills Heights)\nAdopt A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY OF\nLAKE ELSINORE, CALIFORNIA, TO ESTABLISH COMMUNITY FACILITIES\nDISTRICT NO. 2025-1 OF THE CITY OF LAKE ELSINORE (CANYON HILLS\nHEIGHTS), TO AUTHORIZE THE LEVY OF A SPECIAL TAX TO PAY THE COSTS\nOF ACQUIRING OR CONSTRUCTING CERTAIN FACILITIES AND TO PAY DEBT\nSERVICE ON BONDED INDEBTEDNESS; and\nAdopt A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY OF\nTHE CITY OF LAKE ELSINORE, CALIFORNIA, TO INCUR BONDED\nINDEBTEDNESS IN AN AMOUNT NOT TO EXCEED $14,000,000 WITHIN\nPROPOSED COMMUNITY FACILITIES DISTRICT NO. 2025-1 OF THE CITY OF\nLAKE ELSINORE (CANYON HILLS HEIGHTS)