Vote on financing plan and property tax funding for Scotts Valley infrastructure district

In plain English

The Council would consider Resolution No. 2080.1 approving the Infrastructure Financing Plan for the Scotts Valley Enhanced Infrastructure Financing District and committing the city's share of growth in property tax revenue collected inside that district to the plan, under Government Code Sections 53398.68 and 53398.75.

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Official wording

Consideration of Resolution No. 2080.1, approving the Infrastructure Financing Plan for the Scotts Valley Enhanced Infrastructure Financing District and the allocation of the City's incremental property tax revenue within the Scotts Valley Enhanced Infrastructure Financing District pursuant to Government Code Sections 53398.68 and 53398.75

Official agenda Staff Report Resolution No. 2080.1 EIFD approval 9-16-2026 Exhibit A: Infrastructure Financing Plan w Appendices - Scotts Valley EIFD

Summary written by claude-opus-5 from the agenda. It can contain mistakes. The official documents govern.