DATE: October 21, 2026
TO: Honorable Mayor and City Councilmembers
FROM: Financial Services Department
TITLE: ADOPTION OF RESOLUTION ACCEPTING A UNANIMOUS CONSENT AND APPROVAL OF THE PROPERTY OWNER OF THE GRACE STREET SUBDIVISION TO ANNEX PROPERTY TO THE CITY OF OCEANSIDE COMMUNITY FACILITIES DISTRICT NO. 2022-1 (PUBLIC SAFETY SERVICES)
RECOMMENDATION
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Staff recommends that the City Council adopt a resolution accepting a Unanimous Consent and Approval (the “Unanimous Consent and Approval”) to annex the Grace Street Subdivision project property into City of Oceanside Community Facilities District No. 2022-1 (Public Safety Services) (the “CFD”).
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BACKGROUND AND ANALYSIS
On February 6, 2019, the City Council updated Policy 300-02 to allow the formation of Public Safety Services Community Facilities Districts (CFDs). These districts provide a financing mechanism to fund ongoing public safety services, including police, fire protection, emergency medical response, and lifeguard services associated with new development.
On March 2, 2022, the City Council directed staff to pursue the establishment of a citywide annexable public safety services CFD. On December 7, 2022, the City Council approved the formation of the CFD pursuant to the Mello-Roos Community Facilities Act of 1982. Following Council’s approval of the CFD, projects submitted after January 7, 2023, were subject to the CFD Annexation. This process allows qualifying new residential development projects to annex into the CFD as development occurs, providing a dedicated revenue source to offset increased public safety service demands associated with population growth.
The following projects qualify for annexation into the Public Safety Community Facilities District if they consist of 16 units or more:
Projects which are subject to General Plan Amendment for residential uses.
Mixed-use projects proposed on a commercially-zoned land, including mixed use projects in the Downtown District.
Resid...
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