City Council

C. PUBLIC HEARING TO CONSIDER A RESOLUTION AUTHORIZING\nEXECUTION AND DELIVERY OF JOINT COMMUNITY FACILITIES\nAGREEMENT IN CONNECTION WITH THE BOND OPPORTUNITIES\nFOR LAND DEVELOPMENT (BOLD) PROGRAM FOR DEVELOPMENT\nIMPACT FEES FOR TRACT NO. 38276; AND MAKING A FINDING OF\nSIGNIFICANT BENEFITS FOR THE FINANCING OF CERTAIN\nIMPROVEMENTS BY A COMMUNITY FACILITIES DISTRICT TO BE\nFORMED BY THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY\nCouncil Member Leslie Altamirano returned to the dais.\n-11-\nStaff Report presented by Lyn Gruber, Special Tax Consultant, representing the\nBold Program. She reported that this is for Phase 5 of the Paradise Knolls project\nand the Community Facilities District for this property will include 221 units. The\nCFD will finance the construction of two parks as well as the traffic circulation fee\nfor the City of Jurupa Valley.\nFurther discussion followed.\nMayor Guillermo Silva opened the public hearing.\nThere being no further comments, the public hearing was closed.\nA motion was made by Council Member Leslie Altamirano, seconded by\nCouncil Member Chris Barajas, to adopt Resolution No. 2024-20, entitled:\nA RESOLUTION OF THE CITY COUNCIL OF THE CITY OF JURUPA\nVALLEY, CALIFORNIA, AUTHORIZING EXECUTION AND DELIVERY\nOF A JOINT COMMUNITY FACILITIES AGREEMENT IN\nCONNECTION WITH THE BOND OPPORTUNITIES FOR LAND\nDEVELOPMENT (BOLD) PROGRAM FOR TRACT NO. 38276; AND\nMAKING A FINDING OF SIGNIFICANT BENEFITS FOR THE\nFINANCING OF CERTAIN IMPROVEMENTS BY A COMMUNITY\nFACILITIES DISTRICT TO BE FORMED BY THE CALIFORNIA\nMUNICIPAL FINANCE AUTHORITY\nAyes: L. Altamirano, C. Barajas, B. Berkson, A. Carmona, G. Silva\nNoes: None\nAbsent: None\n16. COUNCIL BUSINESS