2013_2014 Adopted Budget Without CIPs

Page 286

Public Works—Mossdale Village CFD 2003‐1 Description of Division This fund is set up to account for the repayment of CFD 2003‐1’s share of the debt service for revenue bonds issued on July 16, 2003. The Bond proceeds will be used to fund the City’s share of a water project allotment within the South County Surface Water Supply Project, under an agreement with the South San Joaquin Irrigation District. Bond proceeds will also be used for the develop‐ ment and improvement of a water well, water facilities and appurtenances to provide potable water for the City’s Water System. Most of the properties included in CFD 2003‐1 (Mossdale Village) have been subdivided into single family dwelling unit parcels and are all subject to the Special Taxes.

Accomplishments 2012/2013 None

Work Plan 2013/2014 None

Capital Requests

None

Significant Operating Changes None


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