DATE: December 3, 2024
TO: Board of Supervisors
SUBMITTED BY: Paul Nerland, County Administrative Officer
SUBJECT: Policy for Use of Public Financing for Private Development Projects
RECOMMENDED ACTION(S):
TITLE
Consider and take action on changing the County of Fresno Policy for Use of Public Financing for Private Development Projects for the Board of Supervisors to resume consideration of and action on, on a per-project basis, requests from private developers for the County to use land-secured public bond financing for public improvements (also referred to as infrastructure or facilities) relating to proposed residential development projects in the unincorporated area, under the Mello-Roos Community Facilities Act of 1982 ("Mello-Roos Act;" Government Code, section 53311 et seq.), on the condition that Community Services Districts shall be formed, in lieu of using existing or new County Service Areas, to own and operate those public improvements once they are completed.
REPORT
On March 14, 2023, your Board, via minute order, approved changing the County of Fresno Policy for Use of Public Financing for Private Development Projects (Financing Policy) to resume the Board of Supervisors' consideration of and action on, on a per-project basis, requests from private developers for the County to use land-secured public bond financing for public improvements relating to proposed residential development projects in the unincorporated area, under the Mello-Roos Community Facilities Act of 1982 (Mello-Roos Act); in giving such approval, your Board added a condition that Community Service Districts (CSDs) shall be formed, and directed Staff to return with changes to the Financing Policy adding this CSD condition.
By requiring the condition that CSDs shall be formed, your Board expressed the intention that the separate, resident-governed CSD shall be used, in lieu of using existing or new County Service Areas, to own and operate those public improvements once the...
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