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Council forms Community Facilities District No. 52 (Sundance Park), authorizes special tax and bonded indebtedness
Summary
Council voted unanimously to form CFD No. 52 (Sundance Park), adopt associated resolutions to authorize special taxes, call a special election and approve related financing documents including an acquisition and funding agreement with Brook Cal Ontario LLC.
The City Council unanimously approved formation of City of Ontario Community Facilities District No. 52 (Sundance Park) and a package of resolutions authorizing the levy of a special tax, incurrence of bonded indebtedness, calling a special election and related financing actions.
City staff and the city clerk confirmed public notices and compliance with the…
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