The Murrieta City Council took the first step to approve three new Community Facilities Districts for a proposed 363 new homes in Discovery Village in the northeastern portion of the city. The CFDs provide the bond money for future city services including fire and police protection, water and sewers, street lighting, drainage, sidewalks, and street sweeping.CFDs are financed through the purchase of bonds paid for by the developers through taxes on each home built and sold within that district, often called Mello-Roos, over a 30-year period at no cost to the city. The bond requested for this planned housing project totals $27.5 million.The housing development is located on 54 acres of land with 22.97 acres set aside for the new homes, a city park and a detention basin. It would be l
