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File #: 12-0367    Version:
Type: Agenda Item Status: Approved
File created: In control: Board of Supervisors
On agenda: 3/27/2012 Final action:
Title: Supervisor Knight and the Auditor-Controller recommending the Board: 1) Approve, in concept, the sharing of a portion of the property tax increment revenue that will be realized by the County General Fund if Bloo Solar constructs a large facility (at least 100,000 square feet) that creates a large number of new jobs (at least 100) in El Dorado County; 2) Authorize the Chief Administrative Officer, Supervisor Knight, and the Auditor-Controller to negotiate a draft property tax increment revenue sharing agreement with Bloo Solar which would be brought to the Board for review and approval; and 3) Authorize the Chief Administrative Officer, Supervisor Knight, and the Auditor-Controller to negotiate a draft fee waiver or fee deferral agreement with Bloo Solar which would be brought to the Board for review and approval.
Title
Supervisor Knight and the Auditor-Controller recommending the Board:
1) Approve, in concept, the sharing of a portion of the property tax increment revenue that will be realized by the County General Fund if Bloo Solar constructs a large facility (at least 100,000 square feet) that creates a large number of new jobs (at least 100) in El Dorado County;
2) Authorize the Chief Administrative Officer, Supervisor Knight, and the Auditor-Controller to negotiate a draft property tax increment revenue sharing agreement with Bloo Solar which would be brought to the Board for review and approval; and
3) Authorize the Chief Administrative Officer, Supervisor Knight, and the Auditor-Controller to negotiate a draft fee waiver or fee deferral agreement with Bloo Solar which would be brought to the Board for review and approval.