Council approves multiple CFD annexations and one $14 million bond authorization

The Lake Elsinore City Council on Aug. 13 adopted resolutions and ordinances to approve annexations into Community Facilities District (CFD) 2015-2, establish two new CFDs and authorize bond capacity for one of the new districts.

The council voted unanimously on a series of public‑hearing items that will allow the city to submit to qualified electors questions about levying special taxes within the affected properties, establish the new CFDs and, in one case, permit the issuance of bonds to finance infrastructure.

City staff opened four hearings without receiving public protests and reported required notices and exhibits were on file. Councilmember Johnson moved the principal resolutions and Councilmember Manos seconded several of the motions; votes recorded in the meeting were 5‑0 on each formal action. The council also waived further reading and introduced by title the related ordinances to authorize levying the special taxes in each CFD.

Most of the items were procedural steps required by state law and the city’s CFD procedures: the council called elections on proposed annexations to CFD Number 2015‑2 (annexation numbers 24 and 26), established Community Facilities…