City Council

1.12 \nEstablishment of Community Facilities District No. 2025-2 (Westpark\nPromenade)\nPresented By: Heidi Schrader , Administrative Services Department\nRECOMMENDATION:\n1. Adopt a Resolution entitled:\nRESOLUTION NO. 2025-___\nRESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY OF\nWILDOMAR TO ESTABLISH COMMUNITY FACILITIES DISTRICT NO. 2025-2\n(WESTPARK PROMENADE) OF THE CITY OF WILDOMAR, TO AUTHORIZE\nTHE LEVY OF A SPECIAL TAX TO PAY THE COSTS OF ACQUIRING OR\nCONSTRUCTING CERTAIN FACILITIES AND TO PAY DEBT SERVICE ON\nBONDED INDEBTEDNESS\n2. Adopt a Resolution entitled:\nRESOLUTION NO. 2025-___\nRESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY OF\nWILDOMAR TO INCUR BONDED INDEBTEDNESS IN AN AMOUNT NOT TO\nEXCEED $17,000,000 WITHIN PROPOSED COMMUNITY FACILITIES DISTRICT\nNO. 2025-2 (WESTPARK PROMENADE) OF THE CITY OF WILDOMAR