EMWD approves CFD financing for Braverade improvement area

City of Menifee
Vallley News/Shane Gibson file photo
The Eastern Municipal Water District board approved the issuance of bonds for an improvement area of the Braverade development in Menifee Valley. The board’s 5-0 vote May 15 authorizes the issuance of up to $7,000,000 of bonds for Improvement Area A. That area encompasses 86.85 acres, and 261 single-family detached homes are planned for that improvement area. In July 2016 the Riverside County Board of Supervisors approved a rezone, general plan amendment, Environmental Impact Report, and tentative tract map for a subdivision with 511 residential lots along with 25 drainage basin, park, paseo, and open space lots. The property is north of Wickerd Road, south of Garbani Road, east of Heinz Lane, and west of Brandon Lane. A community facilities district includes a special tax (sometimes
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