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22
City of Pleasanton
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CITY CLERK
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2014
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071514
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8/25/2015 4:32:05 PM
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7/9/2014 1:59:38 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
7/15/2014
DESTRUCT DATE
15Y
DOCUMENT NO
22
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SB 33 —12— <br /> 1 53395.14. The official designated pursuant to Section 53395.13 <br /> 2 shall prepare a proposed infrastructure financing plan. The <br /> 3 infrastructure financing plan shall be consistent with the general <br /> 4 plan of the city within which the district is located and shall include <br /> 5 all of the following: <br /> 6 (a) A map and legal description of the proposed district,which <br /> 7 may include all or a portion of the district designated by the <br /> 8 legislative body in its resolution of intention. <br /> 9 (b) A description of the public facilities, or assistance, that <br /> 10 benefits or serves the development proposed in the area of the <br /> 11 district including those to be provided by the private sector,those <br /> 12 to be provided by governmental entities without assistance under <br /> 13 this chapter,those public improvements and facilities to be financed <br /> 14 with assistance from the proposed district,and those to be provided <br /> 15 jointly.The description shall include the proposed location,timing, <br /> 16 and costs of the public improvements and facilities. <br /> 17 (c) If funding from affected taxing entities is incorporated into <br /> 18 the financing plan, a finding that the public facilities provide <br /> 19 significant benefits to an area larger than the area of the district. <br /> 20 (d) A financing section,which shall contain all of the following <br /> 21 information: <br /> 22 (1) A specification of the maximum portion of the incremental <br /> 23 tax revenue of the city and of each affected taxing entity, if any, <br /> 24 proposed to be committed to the district for each year during which <br /> 25 the district will receive incremental tax revenue.The portion need <br /> 26 not be the same for all affected taxing entities. The portion may <br /> 27 change over time. <br /> 28 (2) A projection of the amount of tax revenues expected to be <br /> 29 received by the district in each year during which the district will <br /> 30 receive tax revenues, including an estimate of the amount of tax <br /> 31 revenues attributable to each affected taxing entity for each year. <br /> 32 (3) A plan for financing the public facilities to be assisted by <br /> 33 the district, including a detailed description of any intention to <br /> 34 incur debt. <br /> 35 (4) A limit on the total number of dollars of taxes that may be <br /> 36 allocated to the district pursuant to the plan. <br /> 37 (5) A date on which the district will cease to exist, by which <br /> 38 time all tax allocation to the district will end. The date shall not <br /> 39 be more than 40 years from the date the public financing authority <br /> 97 <br />
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