| Agenda Item | Auditor-Controller and Chief Administrative Officer recommending the Board: 1) Conceptually approve a 10-year Development/Community Benefit Agreement (DA) with East Ridge Holdings (the applicant) assuming the final DA provides assurances that the County will receive a $500 per home community benefit fee and the requirement that the applicant will assist the County with the formation of a new Community Facilities District (CFD) that requires that all excess CFD special taxes be transferred to the County Road Fund; 2) Direct staff to send the draft 10-year DA to the Planning Commission for review as soon as is practical. Per State Law, the Planning Commission must make a recommendation to the Board on Development Agreements; 3) Direct the County’s Bond Screening Committee to prepare and review the necessary resolutions to amend, revise, and/or replace, as appropriate, the existing CFD with a new CFD; and 4) Direct staff to time the Board consideration of the 10-year DA action with the final CFD actions. FUNDING: N/A
Public Comment: S. Taylor, L. Cauchon
A motion was made by Supervisor Turnboo, seconded by Supervisor Hidahl to Approve this matter.
Yes: 5 – Hidahl, Thomas, Turnboo, Laine and Parlin |
