EVMD forms CFD for The Woods
The Eastern Municipal Water District has approved a community facilities district for a Winchester development known as The Woods.On March 19, the EMWD board voted 5-0 to establish the CFD, authorize the levy of a special tax to fund CFD expenses, authorize bonded indebtedness of up to $6,000,000, and certify the results of the election to form the CFD. The CFD encompasses two current legal tracts totaling 22.81 acres.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 t