A Southern California real estate developer said yesterday that it had made payment on about $619,000 of overdue property taxes that help secure a special tax bond issue in Orange County.

Village Properties, the developer, said in a release that the taxes relate solely to commercial property it owns within the Portola Hills development. Community Facilities District 87-2, commonly known as a Mello-Roos district, was formed by Orange County in 1987 to finance certain infrastructure -- primarily roadway and fire station improvements -- in the development.

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