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Murrieta council approves formation of three CFDs to finance Discovery Village infrastructure
Summary
Landowners’ ballots carried and council approved formation and initial tax formulas for three Community Facilities Districts (public safety, maintenance, and facilities) for the Discovery Village development; council removed an affordable‑housing escalator from the initial rate method to expedite the formation. Bonds to finance streets, utilities and other public improvements were authorized for voter certification; second readings are scheduled for June.
Murrieta — The City Council on May 6 approved the formation of three community facilities districts (CFDs) tied to the Discovery Village development and introduced associated ordinances, after a multi‑hour public hearing and landowner election.
Staff and the project’s consultant described three separate, citywide, annexable CFDs: CFD 2025‑1 (public safety services), CFD 2025‑2 (maintenance services), and CFD 2025‑3 (facilities/bonded infrastructure for Discovery Village). Shane Spicer, the consultant, said the Discovery Village site is expected to include roughly 363 residential units and that the initial CFD rates for the project were modeled to align with the project build‑out.
Key rates and bond figures presented in staff materials include:
- Public safety CFD (2025‑1): proposed maximum special tax…
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