Lake Elsinore

City Council

June 24, 2025 Item #10

Agenda Item 10

10)\nJune 24, 2025\nIntention to Establish Community Facilities District No. 2025-1 of the City of\nLake Elsinore (Canyon Hills Heights)\n1. Adopt A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY\nOF LAKE 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\nCOSTS OF ACQUIRING OR CONSTRUCTING CERTAIN FACILITIES AND TO\nPAY DEBT SERVICE ON BONDED INDEBTEDNESS\n2. Adopt A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY\nOF LAKE ELSINORE, CALIFORNIA, TO INCUR BONDED INDEBTEDNESS IN\nAN AMOUNT NOT TO EXCEED $14,000,000 WITHIN PROPOSED COMMUNITY\nFACILITIES DISTRICT NO. 2025-1 OF THE CITY OF LAKE ELSINORE\n(CANYON HILLS HEIGHTS)