The Torrance City Council voted to adopt a resolution of intention to form Community Facilities District (CFD) No. 2026‑01 to provide ongoing funding for municipal services in connection with a proposed 449‑unit Vista Homes development at 3610 Torrance Boulevard.

Finance Director Sheila Poisson told the council the CFD would use an annual special tax, proportionate to land‑use intensity, to offset incremental costs for public safety, maintenance and other municipal services generated by new development. Poisson said the applicant agreed to annex into the CFD as a condition of approval and that final formation would proceed through recording a boundary map and a public hearing and special landowner election on Feb. 24, 2026.

Poisson provided an estimate that the single project would generate about $114,000 in the first year; a DTA consultant report included in the staff materials projected an annual amount of just under $500,000 based on then‑approved projects. Poisson emphasized the CFD revenue would be accounted for in a separate fund, could not supplant existing obligations, and that affordable units are exempt.

Councilmember Metucci and others raised affordability concerns; Metucci said adding another ongoing cost to new development could affect housing affordability and announced he would vote no. During the roll call, the motion to adopt Resolution No. 2026‑10 passed with Councilmember Metucci recorded as the lone no vote.

Council set next steps including recording a boundary map with the county and holding a public hearing/special election on Feb. 24; final levying of the special tax would return to council on second reading.