SCH Number 2003102055


Project Info

Title
Fairview Village CFD #2003-1
Description
The project consists of formation of the Fairview Village Community Facilities District (CFD) #2003-1 (Mello-Roos District) . The project includes the creation of a financing mechanism to fund construction of certain regional infrastructure for the Specific Plan area, specifically the Galas Brothers Subdivision Units 1 & 2, consisting of 81.66 acres located in the northeast portion. Development of the Galas Subdivision includes 383 single family residential lots, a water well, storm drainage basin, water tank, sewer outfall line & a portion of the central neighborhood park site & its related infrastructure. The Fairview Village CFD will fund a potion of the infrastructure & its maintenance. The Galas Subdivison will be responsible for constructing a portion of this infrastructure, will be subject to the CFD tax & may be entitled to certain reimbursements for that work. The remaining properties within the 359 acre Fairview Village Specific Plan area will annex to this CFD in the future, as that area develops. Further planning studies & environmental review will be required before the properties may develop or annex to the CFD.
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2 documents in project

Type Lead/Public Agency Received Title
City of Modesto Fairview Village Specific Plan Community Facilities District no. 2003-1
City of Modesto Fairview Village CFD #2003-1