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Developer of Former Mobile Home Park Site Asks for Mello-Roos/Community Facilities District

by Dana Point Times
November 20, 2015 4:29PM
in EYE ON DP, News Headlines
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This rendering shows a view of Zephyr's mixed-use project proposed for the vacant land near Pacific Coast Highway and Del Obispo Street, once occupied by a mobile home park. Rendering: Courtesy of Capital Hall Partners
This rendering shows a view of Zephyr Partners’ mixed-use project proposed for the vacant land near Pacific Coast Highway and Del Obispo Street, once occupied by a mobile home park. Rendering: Courtesy of Capital Hall Partners

By Andrea Swayne

On Nov. 17, the Dana Point City Council voted 5-0 to adopt a resolution declaring its intent to establish a Doheny Beach Community Facilities District and to “authorize the levy of special taxes therein” and to schedule a public hearing.

Zephyr Partners, a developer that acquired the $50 million 9-acre site on the former mobile home park at Pacific Coast Highway and Del Obispo Street in July, filed a petition to form a Mello-Roos or Community Facilities District to pay for bonds for public improvements planned as part of the development.

The approved plan for the mixed-use development calls for construction of a public park along PCH, the payment of school district fees and other expenses amounting to a total of $8 million Zephyr has requested be funded via the proposed Mello-Roos/CFD tax.

According to Assistant City Manager Mike Killebrew, such resolutions that confirm a city’s intention to establish CFD districts are required by law as provided by the Mello-Roos Community Facilities District Act of 1982 as a first step toward the establishment of such special taxes.

City Attorney Patrick Munoz added that the purpose of passing “intent” resolutions is to make sure the public is aware and informed so they can show up on the hearing date when the establishment of such special tax districts will be considered.

The council’s vote set a Jan. 19, 2016 date for the consideration of Zephyr’s petition.

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Tags: CFDCommunity Facilities DistrictDana PointDel Obispo AvenueDevelopmentMello-Roosmixed-usePacific Coast HighwayPCHZephyr Partners
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