Agenda Item
2.E 20-703 Action on a Reimbursement Agreement for Formation of a Community Facilities District in the Tasman East Specific Plan Area and Related Budget Amendment [Council Pillar: Promote and Enhance Economic, Housing and Transportation Development]
I think Jones, Hall and Goodwin Consulting left some loose ends for the Levi's CFD. They specified an Annexation area in which it is optional to join the CFD and pay the extra hotel tax. Most new hotels have joined the CFD but since it is optional, I hear that Related Santa Clara's hotel may not be part of the CFD even though it is so close to the Stadium. The Annexation Area remains a big loose end. We need to make sure Tasman East is done right with substantial public art fees.