Oxnard council hears proposal to modify Community Facilities District 9, raise bond cap and add state park tax

Anthony Miller, special districts manager with the City of Oxnard Special Districts Division, presented proposed modifications to Community Facilities District (CFD) No. 9, North Shore at Mandalay Bay, at the City Council meeting on July 15, 2025.

Miller told the council the landowner, Fifth Harbor Owner LLC, has asked to increase the facility special tax, add a new special tax to fund state park maintenance services, increase the general services special tax, and raise the district—s maximum bond authorization from $22,500,000 to $40,000,000. Miller said the changes would preserve an average effective tax rate of about 1.8% and apply to a development plan for roughly 292 single-family residences on about 90 acres.

The proposed modifications, described by staff as an amended and restated rate and method of apportionment (amended RMA), would: increase assigned and maximum special taxes for facilities; increase the general services special tax; add a new special tax for state park…