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Jurupa Valley council approves special-tax district for new Pedley-area development
Summary
The City Council adopted resolutions and an ordinance forming Community Facilities District PS2024-011 and approved special taxes after one ballot was cast in favor, enabling infrastructure financing for a proposed development northeast of Fifth and Opal streets.
The Jurupa Valley City Council voted unanimously Thursday to form Community Facilities District (CFD) PS2024-011 and to levy special taxes for the district, a financing tool commonly used to pay for public improvements tied to new development. The council adopted a series of resolutions and an implementing ordinance after a public hearing and a tabulation of one ballot, which supported the taxes.
The CFD, described in staff materials as generally located northeast of the intersection of Fifth Street and Opal Avenue in the Pedley area, will allow the city to collect a special tax on parcels within the…
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