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Weed council introduces option for one-time CFD buyout for some property owners
Summary
Council introduced Ordinance 480-2024 to amend the municipal code to allow eligible property owners in Community Facilities District No. 2009-1 a one-time lump-sum payment in lieu of ongoing CFD taxes; staff said the option applies to owners whose title reports did not disclose the CFD.
The Weed City Council voted to introduce Ordinance 480-2024, which would amend Chapter 3.32 of the municipal code to offer a one-time lump-sum payment option for certain property owners in Community Facilities District (CFD) No. 2009-1 (Mountain Meadows subdivision).
City staff explained the CFD was formed…
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