There are a couple significant items on the agenda for the next meeting:
- Discussion of an increase in annual levy of 3.8% for the Diablo Estates at Clayton Benefit Assessment District. This district was created to provide funding for the maintenance, operation and improvement of the landscaping, street lighting, and drainage and stormwater treatment facilities. The District consists of 24 parcels east of Regency Drive primarily on Seminary Ridge and Promontory Place. Self funding districts have been a preferable method of funding improvements as the assessments are levied on new developments as they are approved.
- Discussion regarding potential time extension of permits and project approval of the Olivia Project.
- Discussion regarding establishing a General Fund Reserve policy. Such a policy would inform how our unrestricted fund balance should be utilized.
If you have any thoughts of questions on these items, please let me know.
