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District Closeout Analysis and Findings Report For:Community Facilities District No. 1 (Miramar Ranch North) July 2021Prepared by:BSGV.corporate Headquarters 32605 Temecula Parkway, Suite 100 Temecula,
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A community facilities district no, also known as a CFD, is a financing tool used by local governments to fund public infrastructure projects within a designated area.
The local government or jurisdiction responsible for the development and maintenance of the public infrastructure projects within the designated area is required to file a community facilities district no.
To fill out a community facilities district no, you will need to provide information about the proposed infrastructure projects, the designated area, the financing plan, and the method of assessment on the property owners.
The purpose of a community facilities district no is to finance public infrastructure projects, such as roads, parks, and utilities, in a designated area without burdening the local government's general fund.
The information that must be reported on a community facilities district no includes the proposed infrastructure projects, the financing plan, the designated area boundaries, the method of assessment on property owners, and any other relevant details.
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