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The district board voted 7-0 to approve a feasibility report and assessment for a proposed project benefiting 139 lots, with $695,000 in assessments at $5,000 per lot to fund part of Peralta Road. The board also approved the framework for issuing special assessment bonds and received no public comments.
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Owners in Assessment Area No. 8 are slated to be assessed $5,000 per lot for improvements that include part of Peralta Road. The approved resolutions allow the district to proceed with the project and potentially finance it through special assessment bonds. The meeting record does not state when construction or bond issuance will occur.
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