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What can the <br />CFD Cover? <br />Mello-Roos Community Facilities Act (1982) <br />•Enabling legislation for use of CFD <br />•CA Government Code Section 53311 and following <br />Ongoing Services <br />•Operations, maintenance and lighting of transportation facilities, water, sewer and <br />storm drain facilities, sea walls and sea-level-rise facilities, parks, parkways, and <br />open space. <br />•Salaries and benefits of personnel necessary or convenient to provide the Services <br />•Reserves for repairs and replacements and for the future provision of Services <br />Capital Improvements <br />•Transportation facilities <br />•Water, sewer, storm drain facilities <br />•Sea walls and sea-level-rise facilities <br />•Parks, parkways, and open space <br />Exact timing of a future CFD bond sale secured by special taxes revenues will be <br />determined based upon the build-out of the project and the need for bond-financed <br />facilities.