CFD 2000-3 Oxnard Blvd & 101 Interchange

Community Facilities District 2000-3

Oxnard Boulevard/Highway 101 Interchange

Community Facilities District No. 2000-3 (Oxnard Boulevard/Highway 101 Interchange) was established in 2000 and bonds were issued in 2003 to finance freeway interchange improvements at Oxnard Boulevard. The district is part of a coordinated financing solution to provide infrastructure improvements which are known as the Vineyard Avenue Johnson Drive Freeway Improvement Project. The four major components of the project include a new 12-lane bridge on Highway 101 over the Santa Clara River, extra lanes to Highway 101 between Vineyard Avenue and Montalvo railroad spur crossing, an elevated rail grade crossing at Johnson Drive, and a freeway interchange at Oxnard Boulevard. The improvements are expected to relieve traffic congestion on Highway 101 to Oxnard Boulevard in the vicinity of the district and improve access to businesses and surrounding areas.

The Oxnard Blvd. & 101 Interchange is a bonded district with final maturity of 9/1/2032. Early payoff is available and a quote can be requested by contacting the Special Districts Administrator.