Agenda item
A RESOLUTION EXPRESSING SUPPORT FOR AN APPLICATION BY THE DEVELOPERS OF THE NUTMEG CONDOMINIUM PROJECTS FOR CMFA FUNDING FOR PUBLIC FACILITIES ACQUISITION IMPROVEMENTS AND FINANCED FEES — approved 5-0
Council Meeting (Closed Session 4:00 PM - Cancelled), item 6, A RESOLUTION EXPRESSING SUPPORT FOR AN APPLICATION BY THE DEVELOPERS OF THE NUTMEG CONDOMINIUM PROJECTS FOR CMFA FUNDING FOR PUBLIC FACILITIES ACQUISITION IMPROVEMENTS AND FINANCED FEES was approved (5-0). [Minutes, p. 1]
Tier 3 · Human approved · Updated Sep 1, 2026
The Escondido City Council voted to back the developer of the Nutmeg Condominium Properties in its bid for tax-exempt bond funding, adopting Resolution No. 2026-99. The council approved the resolution as part of a group of items covering items 1-6 and 8, on a motion by Martinez, seconded by Fitzgerald, and approved 5-0.
The resolution is a statement of city support for an application the developer is making for CMFA funding. The money would go toward acquiring and improving public facilities and toward development impact fees the project is financing rather than paying up front. The item is listed under file number 0680-20.
City staff had recommended approval before the vote. The recommendation came from the Development Services Department, whose director is Kevin Snyder. The record does not say how much funding the developer is seeking or where the condominiums would be built.
The record
- Meeting
- Council Meeting (Closed Session 4:00 PM - Cancelled)
- Body
- City Council
- Item
- 6
- Request
- Request the City Council adopt Resolution No. 2026-99 expressing support for an application by the developer of the Nutmeg Condominium Properties for tax-exempt bond funding of Public Facilities Acquisition Improvement and Financed Development Impact Fees. (File Number 0680-20)
- Staff recommendation
- approval
- Outcome
- approved
- Vote
- 5-0
- Moved by
- Martinez
- Seconded by
- Fitzgerald
- Case or file number
- 0680-20
From the document
Every field above was read from one of these passages.
Motion to approve items 1-6, 8: Martinez; Second: Fitzgerald; Approved: 5-0
6. A RESOLUTION EXPRESSING SUPPORT FOR AN APPLICATION BY THE DEVELOPERS OF THE NUTMEG CONDOMINIUM PROJECTS FOR CMFA FUNDING FOR PUBLIC FACILITIES ACQUISITION IMPROVEMENTS AND FINANCED FEES Request the City Council adopt Resolution No. 2026-99 expressing support for an application by the developer of the Nutmeg Condominium Properties for tax-exempt bond funding of Public Facilities Acquisition Improvement and Financed Development Impact Fees. (File Number 0680-20)
Staff Recommendation: Approval (Development Services Department: Kevin Snyder, AICP, Development Services Director)