Create special district to finance Terminal One project improvements
Resolution 66-18
In Plain English
The city partners with a state authority to create a Community Facilities District that helps developers pay for infrastructure like roads and utilities. This financing tool lets the Terminal One project spread improvement costs over time through property assessments. The district covers development fees and public services for the project area.
Auto-generated summary. Source: official agenda documents.
Votes
Approve consent calendar
7 to 0
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