February 1 Meeting
At Green Acres
6:00 - 7:30 pm
Agenda and summary of notes
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February 1, 2023 - Agenda and Note Summary
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Agenda
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Summary of Notes:
Legislatures update about workforce housing
- Partnership between developer, school district, and the community that oversees the development - potential JPA
- Financing piece is critical - various funding sources will be needed
- Bill AB 2295 takes effect January 1st 2024
- Tiered bill - First priority to district teachers, 2nd tier to local districts, 3rd tier to public government jobs,
- Eases zoning issues
- Requires state housing commission to deliver notice to the county - should have been delivered yesterday.
- If only the bonds pay for the development, the building can only be used by the district. It can’t be rented out to non-profits.
- Include all staff in the workforce housing discussion and survey
- Partnership with county is important
- Goal activities and affinity groups
Bond timeline
- Bond may be used to partially fund this project - AND - Bond is needed for other facilities work.
- Next scheduled opportunity is for March or November 2024
- March or November determined by which is best for positive result
- General elections tend to have higher percentage of participation
- Work on determining needs - project list based on the facility master plan
- Conduct surveys - all staff of interest
- Public information and polling of the community
- Finalize capital and financing plan
- 55% required for general obligation bonds -required safeguards
- Election needs to occur on a regularly scheduled date
- Bond oversight committee required
- Maximum tax rate is up to $30/$100,000 assessed property value
- District could raise approximately $44 million
- May survey early - April 2023 - then board presentation
Goal work:
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