Moreno Valley

City Council

October 17, 2023 Order of Business A #11

Agenda Item 11

A.11. APPROVE THE PUBLIC FACILITIES FEE CREDIT AGREEMENT WITH\nD.R. HORTON LOS ANGELES HOLDING COMPANY, INC. A CALIFORNIA\nCORPORATION, FOR PARKLAND IMPROVEMENTS IN TRACT 38236\n(Report of: Parks & Community Services)\nRecommendations: That the City Council and CSD:\nStaff recommends that the Mayor and City Council and Mayor and City\nCouncil Acting in its Capacity as President and Members of the Board of\nDirectors of the Moreno Valley Community Services District (CSD):\n1. Approve the Public Facilities Fee Credit Agreement (“Agreement”) with\nD.R. Horton Los Angeles Holding Company, Inc. a California\nCorporation, for parkland improvements at Tract 38236 located north\nof Brodiaea Ave. and west of Oliver St.\n2. Authorize the City Manager and the City Manager in the Capacity as\nExecutive Director of the CSD to execute the Public Facilities Fee\nCredit Agreement with D.R. Horton Los Angeles Holding Company,\nInc., for parkland improvements at Tract 38236 on behalf of the City\nand CSD subject to the approval by the City Attorney.