25-0210
Chief Administrative Office recommending the Board provide direction regarding the exchange of property tax increments for the annexation of two parcels (APNs 331-221-035-000 and 331-221-036-000) associated with the previously approved El Dorado Senior Village Apartments project into the El Dorado Irrigation District water and sewer service area, Local Agency Formation Commission Project 2024-02. (District 3) Options include the following: 1) Adopt and authorize the Chair to sign Resolution 018-2025, which would accept an exchange of property tax increment determined in accordance with the County's current practice for allocating increment upon annexation of a parcel into a service-providing district; or 2) Direct an alternative exchange of property tax increment. (Cont. 2/4/2025, Item 5 2) FUNDING: General Fund.
- Committee
- Board of Supervisors
- Requested by
- CAO
- Introduced
- January 16, 2025
- On agenda
- March 11, 2025
- Passed
- March 11, 2025