Thursday, February 24, 2022

Special

Presiding: Mayor Thomas K. Butt · Called to order: 6:38 p.m. · 1 items · 16 public comments · View official: Minutes | Agenda

Agenda preview

The council will review financial risks from a proposed special financing district for the Point Molate development project. Developers want to create a Community Facilities District that could shift financial risks to the city by using future property taxes to pay for infrastructure. This is the eleventh time in the past year that Point Molate has appeared on the agenda, showing the ongoing complexity of this major development.

The meeting appears focused on this single action item, suggesting council members will have substantial time to discuss the financial implications of the proposed district structure.

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Attendance

Claudia Jimenez(Present)

Demnlus Johnson III(Present)

Melvin Willis(Present)

Gayle McLaughlin(Present)

Eduardo Martinez(Absent)

Tom Butt(Present)

Nat Bates(Absent)

1 items

TopReview financial risks from proposed Point Molate development district

16 speakersPoint Molate