Review financial risks from proposed Point Molate development district

Point MolateGovernance<UNKNOWN>

In Plain English

Developers want to create a special financing district for the Point Molate project that could shift financial risks to the city. Community Facilities Districts let developers use future property taxes to pay for infrastructure like roads and utilities. The city council will discuss whether this financing plan protects taxpayers if the project fails.

Auto-generated summary. Source: official agenda documents.

Public Comments

16 public comments — 16 spoken

  • Jim HansonBy phone
  • Jeanne KortzBy phone
  • Deborah BayerBy phone
  • Tarnel AbbottBy phone
  • Paul CarmanBy phone
  • Sally TobinBy phone
  • Pam StelloBy phone
  • Jamin PursellBy phone
  • Jeanne KortzBy phone
  • Deborah BayerBy phone
  • Tarnel AbbottBy phone
  • Paul CarmanBy phone
  • Sally TobinBy phone
  • Pam StelloBy phone
  • Jamin PursellBy phone
  • Jim HansonBy phone