|AGENDA ITEM||Planning and Building Department, Economic Development Division, recommending the Board consider the following: 1) Consistent with the Economic Development objectives of Board Policy J-8, Special District Impact Fee Offset for Nonresidential Business Development, approve the use of Transient Occupancy Tax funds to offset the $25,608 in Special District Impact Fees for the El Dorado Hills Fire District fees that were collected as part of the Building Permit Fees related to the construction of Tri-Square Construction Company’s (Tri-Square) new facility in the El Dorado Hills Business Park; 2) Approve and authorize the Chair to sign the budget amendment to allow for the payment of the fee offset (4/5 vote required); and 3) Delegate authority to the Chief Administrative Officer to execute an agreement, if necessary, to proceed with the reimbursement of $25,608 to Tri-Square. FUNDING: Transient Occupancy Tax Reserve funds.|
Public Comment: K. Payne, N. Yanish, J. Baggaley
A motion was made by Supervisor Hidahl, seconded by Supervisor Parlin to Approve this matter.
Yes: 5 – Novasel, Hidahl, Parlin, Thomas and Turnboo