Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Superstition Vista CFD approves final assessment for 191-lot Assessment Area No. 6
Summary
The Superstition Vista Community Facilities District No. 1 unanimously approved Resolution SVCFD12025-009 to finalize a $5,000 special assessment on each of 191 lots in Assessment Area No. 6 to fund construction and acquisition of a segment of Officer Fazio Drive.
The Superstition Vista Community Facilities District No. 1 on Nov. 18 unanimously adopted Resolution SVCFD12025-009, finalizing a $5,000 special assessment on each of the 191 lots in Assessment Area No. 6 to fund a segment of Officer Fazio Drive.
Why it matters: The assessment puts a lien on each lot to secure repayment and allows the district to proceed with a related bond transaction to acquire the road segment from the landowner, developer D.R. Horton, the district’s special counsel said.
Special counsel Zach Sacas told the board the district recorded assessments against each lot after the board’s…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
