Laguna Niguel Community Info
The name “Laguna Niguel” comes from the Spanish word “Laguna” which means lagoon and “Nigueli” which was the name of an Indian village that was once located on Aliso Creek. Originally part of the Mexican land grant of Juan Avila, ownership of the land that later became Laguna Niguel passed to Lewis Moulton, owner of the Moulton Company, in 1895. In 1959, the Laguna Niguel Corp. made the area one of the first master planned communities in California. The San Diego Freeway which was built in the same year allowed more people to arrive. The first coastal communities developed in Laguna Niguel in the early 1960s were Monarch Bay and Monarch Bay Terrace. Laguna Niguel Regional Park opened in 1973. In 1989 Laguna Niguel became an incorporated city in Orange County. As of the national census of 2000, the population of Laguna Niguel was approximately 62,000 with about 23,000 households in the city. The city is served by the Capistrano Unified School District. For more information about Laguna Niguel’s award-winning public schools, log onto the School District’s website at www.capousd.org. ?
I moved to Laguna Niguel from Newport Beach in 1985. La Paz Road looked like a country lane. Golden Lantern Street, today a six-lane highway leading from Crown Valley straight into Dana Point Harbor, did not go through past Niguel Hills Middle School. It was nothing but rolling hills. Today, Laguna Niguel is a thriving, friendly city with lots of lovely neighborhoods, award-winning schools, shopping areas and so close to the beach! La Paz Road goes past a beautiful lake and park all the way to the freeway entrance in Laguna Hills. Today, Laguna Niguel is the home to many upscale neighborhoods including Ocean Ranch, Monarch Point, Bear Brand Ranch, South Peak, Palmilla and many others. We have excellent restaurants, a skate park, many parks and quiet over-55 age limit neighborhoods as well as child-friendly neighborhoods loaded with small parks and community pools. We boast Laguna Niguel Country Club with its beautiful fairways as well as ocean views from thousands of homes dotting the hillsides of our city. Truly a great place to live!
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More from Laguna Niguel
On Site Auctions
November 23, 2009
The new way to market your home is through an on-site auction. For more informaton call (949) 836-1193.
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31622 Paseo Rita San Juan Capistrano
November 23, 2009
Stunning huge flat view lot located in picturesque and historic San Juan Capistarno. Aprox. 14,000 sq parcel. Affords stunning views of the valleys hillsides and mountains. Located in the prestegious and hidden Aguacate estates area. Preeliminary plans for single level estate included.
$995,000
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Groundbreaking Ceremony for Upper Chiquita Reservoir…
June 16, 2009
More than 100 people on Friday attended the groundbreaking ceremony for the Upper Chiquita Reservoir in Rancho Santa Margarita.
For the original article posted online by the City of San Juan Capistrano, click here…
For a Quick Reference Fact Sheet on the Upper Chiquita Reservoir, click here…
For an overview w/map for Upper Chiquita Emergency Storage, click here…
For a City Council (SJC) Agenda Report outlining Capacity Rights, click here…
The reservoir is a new emergency water storage facility by the Santa Margarita Water District in partnership with Moulton Niguel Water District, South Coast Water District and the cities of San Juan Capistrano and San Clemente. San Juan Capistrano plans to obtain a 10 percent share, along with the other agencies, in the capacity of the facility. The City Council tonight will consider entering into a participation agreement to formally become a partner in the project.
Upon completion in December 2010, the reservoir will provide South County water agencies with up to 244 million gallons of emergency drinking water – enough to supply more than 168,000 local families with 200 gallons of domestic water per day for one week in the event of a regional or statewide water service disruption.
The facility will increase and diversify the City’s emergency storage volume and provide San Juan Capistrano with an additional three days of average demand to manage import water shutdowns.
The Upper Chiquita Reservoir will provide the region with substantial new water reserves to meet customer demand during disruptions of water deliveries to the district. These interruptions can be unanticipated, like the break of the district’s primary supply pipeline in 1999, or planned, like shutdowns of the Diemer Filtration plant in Yorba Linda.
The reservoir is located on the western slope of Chiquita Canyon, just north of Oso Parkway in Rancho Santa Margarita.
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More on the New Home Buyer’s Tax Credit Bill/ Currently on the Senate Floor…
June 12, 2009
Here is the Wall Street Journal follow-up article related to the post we had written and hoisted up on Wednesday.
For Wednesday’s post, click here…
For the full article we are commenting on today, posted on the WSJ Developements Blog, click here…
An excerpt from the aritcle at hand…
“Sen. Johnny Isakson has reintroduced a bill that would give home buyers a tax credit worth 10% of the purchase price of a home up to $15,000. The Georgia Republican unsuccessfully tried to get the credit inserted into the $787 billion stimulus package that went into law in February. Congress instead opted for extending and boosting an existing credit, worth up to $8,000, for first-time buyers. That credit is set to expire Dec. 1.
The proposed credit wouldn’t have income restrictions, unlike the current one, which phases out for individuals making more than $75,000 and couples making more than $150,000.
The legislation already has co-sponsors from both parties, including Senate Banking Committee Chair Christopher Dodd, a Connecticut Democrat. In February, congressional budget estimates figured that the $8,000 credit for first-time buyers would cost between $2 and $3 billion, while the $15,000 credit would cost an additional $35.5 billion.
That’s a big hurdle for the bill. Lawmakers would have to justify a considerably larger subsidy for more affluent homebuyers.”
Response…
The removal of toxic mortgage paper (ie: home sales of distressed homeownship situations and the unloading of recouped property assets) from our banking institutions is THE key to unlocking their liquidity, credit confidence, and greed in the form of slightly looser loan qualifying requirements, which would further accelerate the home purchase necessity.
A little recap here if I may… an $8,000 tax credit projected at a tax revenue cost of 2-3 billion has equated to some, if little improvement to home sales. On the other hand, a $15,000 tax credit with no income cap, made available to all home buyers, not just first-timers, has a projected tax revenue cost of 35.5 billion. The amount of proposed tax credit would basically double to $15,000, and in turn so should the tax revenue cost. But it doesn’t! Congress’s own budget estimate for the new proposal projects home purchases to rise almost 6 times the current rate of consumption with those purchases involving the tax credit!
Here’s the math… $3 billion in tax revenue loss doubled to 6 billion, divided by 35.5 billion in projected tax revenue loss for the proposed bill, equals 5.91 times more use of the new tax credit bill, then the current rate of home purchasing being transacted with the existing tax credit as it sits.
Yes, this bill would be a big hurdle for a Democratic majority whose sole consideration is funding for their social programs, as opposed to a real solutions for real economic problems, per their own estimates and projections.
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City of Laguna Niguel Discusses Plans for New City Hall/ Public Invited…
June 11, 2009
The City of Laguna Niguel is seeking input from all residents, businesses and community organizations on plans for the new City Hall.
On Monday, June 22nd at 7:00 p.m. the City Council will hold a Public Workshop/Open House at which the public is invited to:
- Hear project history and overview.
- View current building and site plans.
- Meet and talk with the architects.
- Share your thoughts and comments.
The meeting will take place in Council Chambers located at…
27841 La Paz Road, Laguna Niguel, CA 92677
For dirctions using a map, click here…
For more information, please contact the City at…
(949) 362-4300.