To act as fiduciary agent over the Community Development Authority (CDA) and the bonds issued to support the CDA assets acquired or built.
Scope
Review incremental and special tax funding sources needed to pay debt service on the CDA bonds from the specific district of 325 acres created in 2002 located near Bell Creek Road and Pole Green Road. In addition, when initial revenue sources are less than debt service obligations, special assessments are approved by the CDA in accordance with all the terms and conditions of the bonds.
Type
Citizen
Membership
Five member Board appointed by the Board of Supervisors