City Council

16. CITY OF FULLERTON COMMUNITY FACILITIES DISTRICT NO. 3 (THE PINES AT\nSUNRISE VILLAGE) FORMATION\nSunrise Village Owner, LLC has petitioned the City to form a Mello-Roos Community\nFacilities District to secure bond financing in an amount not to exceed $ 9,500,000\nsecured by special taxes levied on residential parcels within the mixed -use site known as\nThe Pines at Sunrise Village.\nRecommendation:\nAdopt the following resolutions:\nRESOLUTION NO. 2023-XXX - RESOLUTION OF INTENTION TO ESTABLISH\nCOMMUNITY FACILITIES DISTRICT CITY OF FULLERTON COMMUNITY FACILITIES\nDISTRICT NO. 3 (THE PINES AT SUNRISE VILLAGE)\nRESOLUTION NO. 2023-XXX - RESOLUTION OF INTENTION TO INCUR BONDED\nINDEBTEDNESS CITY OF FULLERTON COMMUNITY FACILITIES DISTRICT NO. 3\n(THE PINES AT SUNRISE VILLAGE)