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Rialto council approves annexation, contracts and $10.5M CFD bond issuance
Summary
On Feb. 10 the Rialto City Council adopted annexation resolutions for Landscape & Lighting District No. 2, approved multiple construction and public-safety contracts, and authorized issuance of approximately $10.5 million in community facilities district bonds tied to the Renaissance development.
The Rialto City Council approved a series of resolutions and contract awards at its Feb. 10 meeting, including an annexation into Landscape & Lighting District No. 2, multiple public-works contracts, and authorization to issue Community Facilities District bonds.
Annexation and assessments: Council adopted Resolution No. 8,464, declaring the results of a property owner protest ballot and Resolution No. 8,465, confirming the engineer’s report and ordering the levy of annual assessments to annex a 3.96-acre commercial parcel into Rialto Landscape & Lighting District No. 2 (P.P.D. 2023-325). Staff reported one signed…
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