The Eastern Municipal Water District has formed a community facilities district for the Stone Creek development in Winchester.The CFD was approved on a 5-0 vote during the February 5 EMWD board meeting. Meritage Homes of California, Inc., is currently the sole owner of the 70.93-acre area at the southeast corner of Grand Avenue and Leon Road although the plan is to subdivide that land into 224 single-family homes.A community facilities district includes a special tax (sometimes known as Mello-Roos taxes due to the state legislators who authored the option for services on new development to be funded by an annual assessment) to fund the services and/or infrastructure. A Joint Communities Facilities Agreement stipulates the collection and distribution process for the taxes. If the on
