Developer Serena 386, LLC would pay the full cost of San Rafael Drive’s public improvements under the proposed agreement, with the cost estimated at $5,070,000. The documents do not show a vote yet.
What the city is deciding
On October 14, the City Council is asked to approve a subdivision improvement agreement for Tract Map 39025. This is a contract requiring the developer to build public improvements and provide financial security so the city can finish them if the developer does not. The consent calendar groups routine items for one vote unless an item is pulled for separate consideration.
Where and who it affects
Serena Park occupies the former Palm Springs Country Club golf course, north of Verona Road, east of Sunrise Way and southwest of the Whitewater River Wash. The project covers about 156 acres and is planned for 386 homes.
San Rafael Drive would extend through the development from Sunrise Way to Verona Road and Whitewater Club Drive. Land for the road comes from dedications by the developer and the neighboring Four Seasons development.
What it could mean for your property
San Rafael Drive changed from a planned private road to a public road. The staff report says the road and associated fire hydrants must be completed before any vertical construction, meaning buildings, can take place. Future private roads and other later infrastructure need a separate agreement.
The developer must pay for street, drainage, water, sewer and other improvements covered by the agreement. Financial security includes $5,070,000 to guarantee completion and $2,535,000 for labor and materials.
For the 386 homes, the report identifies a Community Facilities District assessment to help offset public service costs. A CFD is a special tax district, with its tax appearing on the property tax bill. The documents do not say how much that tax would be or give a home construction schedule.
Questions to ask before you buy or build
- Is the property among Serena Park’s 386 planned homes?
- What CFD tax amount would apply to the property?
- Have San Rafael Drive and its fire hydrants been completed?
What happens next
The proposed agreement calls for construction to start 30 days after city approval of the plans and finish within two years of starting. The Council may approve extensions for good cause. The October 14 vote is still ahead.