EMWD approves CFD for River Walk Village

The Eastern Municipal Water District board approved a community facilities district for the River Walk Village development. The 4-0 EMWD board vote August 21, with Randy Record absent, established the community facilities district, authorized up to $6,000,000 of bonded indebtedness for the CFD, certified the results of the election to form the CFD, and authorized the special tax for the CFD. The CFD will be used to finance EMWD facilities costs in lieu of fees. River Walk Village is in the City of Menifee. The development is south of Salt Creek, east of Boynton Lane, north of Lazy Creek Road, and west of Bradley Road. The project will subdivide 14.31 gross acres into 198 single-family homes. A community facilities district includes a special tax (sometimes known as Mello-Roos taxes due
Subscribe or log in to read the rest of this content.