City Council

11) Intention to Establish Community Facilities District No. 2023-2 of the City of\nLake Elsinore (Coastal Mission Trails)\n1. Adopt A RESOLUTION OF INTENTION OF THE CITY COUNCIL OF THE CITY\nOF LAKE ELSINORE, CALIFORNIA, ESTABLISHING COMMUNITY FACILITIES\nDISTRICT NO. 2023-2 OF THE CITY OF LAKE ELSINORE (COASTAL MISSION\nTRAILS), TO AUTHORIZE THE LEVY OF A SPECIAL TAX TO PAY THE COSTS\nOF ACQUIRING OR CONSTRUCTING CERTAIN FACILITIES AND TO PAY\nDEBT SERVICE ON BONDED INDEBTEDNESS; and\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 $15,000,000 WITHIN PROPOSED\nCOMMUNITY FACILITIES DISTRICT NO. 2023-2 OF THE CITY OF LAKE\nELSINORE (COASTAL MISSION TRAILS).