Summary
A 104-townhome project at Holland and Palomar roads would be financed partly through a Mello-Roos special tax district led by the water district. Future homebuyers would pay that tax — estimated at a 1.99% rate — on top of regular property taxes, in exchange for funded water, sewer, and city infrastructure.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Nov 2, 2026.
Impact analysis
No direct cost to the city — the developer paid a $2,500 processing deposit and special taxes on the new homes would cover the bond payments.
Future townhome buyers get the infrastructure financed through the district, and the city gets impact fees funded without upfront costs.
Buyers of the new townhomes, who would carry the 1.99% special tax on top of regular property taxes.
Mentions & discussions (1)
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