OC Supervisors Pass $165 Million Bond for a New Community Facility District

OC Supervisors Pass $165 Million Bond for a New Community Facility District
The Orange County Board of Supervisors listen to Orange County residents at a meeting in Santa Ana, Calif., on Aug. 10, 2021. John Fredricks/The Epoch Times
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SANTA ANA, Calif.—The Orange County Board of Supervisors unanimously passed a resolution on Nov. 23 establishing a Community Facility District (CFD)—a neighborhood with an extra tax on property owners to fund nearby infrastructure projects and other services—in Rancho Mission Viejo, California, incurring up to $165 million in bond debt and authorizing a special tax levy.

“It’s a great thing to move forward,” Supervisor Lisa Bartlett said during the meeting.