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Menifee Valley Specific Plan — Development Agreement Amendment No. 1

Menifee

Description

Proposed first amendment to the March 2024 development agreement covering the Menifee Valley Specific Plan, changing the pedestrian bridge obligation, park budget and timing, CFD coverage for one tract, and transportation credits.

Impact summary

Reshapes obligations in one of the city's largest master-planned developments, trading a pedestrian bridge for a bigger park investment and some CFD exemptions.

Applicant

Name
Minor Ranch, LLC

At a glance

Hearings
1
Public comments
0
Total mentions
1

Recorded in the meeting · Finance Committee

Discussed

Discussed at 1 meeting in the last 60 days; most recently Nov 2, 2026.

Meeting timeline (1)

Nov 2, 2026

Finance Committee Meeting - Nov 2, 2026

Proposed first amendment to the March 2024 development agreement covering the Menifee Valley Specific Plan, changing the pedestrian bridge obligation, park budget and timing, CFD coverage for one tract, and transportation credits.

Related issues (1)

Menifee Village Specific Plan Amendment No. 7

Minor Ranch LLC wants to change its 2024 deal with the city: dropping a required pedestrian bridge (in exchange for a $3.9 million credit reduction), raising the sports/aquatic park budget from $15.7 million to $20.6 million, and exempting homes in one tract from the Public Safety CFD — which would cost the city roughly $367,500 a year in lost CFD revenue.

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