Notice of Public Hearing
PROPOSED PARTICIPATION BY THE CENTRAL CONTRA COSTA COUNTY SANITARY DISTRICT IN THE BOND OPPORTUNITIES FOR LAND DEVELOPMENT (“BOLD”) PROGRAM OF THE CALIFORNIA MUNICIPAL FINANCE AUTHORITY (“CMFA”)
NOTICE IS HEREBY GIVEN THAT:
The Board of Directors of the Central Contra Costa Sanitary District (District) at its regular meeting at 2:30 p.m. on Thursday, August 17, 2023, in the Meeting Room at the District Offices, 5019 Imhoff Place, Martinez, California, will hold a public hearing with respect to the proposed participation by the Central Contra Costa Sanitary District (the “Local Agency”) in the Bond Opportunities for Land Development (“BOLD”) program of the California Municipal Finance Authority (“CFMA”). Participation in said program will enable property owners to finance public capital improvements and/or development impact fees for public capital improvements imposed on new development within the boundaries of the Local Agency. Said public capital improvements, if financed, will be among the public capital improvements required in connection with a given development project. Said development impact fees, if financed, will be used by the Local Agency to pay for public capital improvements which will serve the Local Agency, and which will be of a type and nature authorized under the Mello-Roos Community Facilities Act of 1982 (California Government Code section 53311 et seq.). Participation in said program does not itself authorize the Local Agency to impose additional public capital improvements or new or additional development impact fees on any property owner.
Interested persons wishing to express their views on the program as described above may, prior to the time of the hearing, submit written comments to Secretary of the District at the address above or by e-mail to SOD@centralsan.org.
Katie Young, Secretary of the District