EMWD approves CFD for La Ventana

The Eastern Municipal Water District board approved a community facilities district for the La Ventana development.The board’s 5-0 vote Wednesday, Jan. 15 adopts resolutions to establish the CFD, to incur indebtedness, and to certify the results of the election. The board also approved an ordinance establishing the special tax. The maximum bonded indebtedness that can be issued is $17,000,000.The La Ventana property is east of La Ventana Road, west of Leon Road, north of Olive Avenue, and south of Simpson Road. In March 2019 the Riverside County Board of Supervisors approved a rezone for the Winchester development which did not change the land use designation for the 149-acre area but established legal boundaries for seven planning areas within the Winchester Hills Specific Plan.
Subscribe or log in to read the rest of this content.