Placentia

City Council

May 06, 2025 Order of Business 3 #a

Agenda Item a

3.a Study Session: Placentia Enhanced Infrastructure Financing District and the Old Town Streetscape\nMaster Plan\nFiscal Impact:\nEstimated range of $17 to $24 million in property tax increment over approximately 40 years. Up to\n$59 million in net fiscal impact revenue to the City over approximately 50 years.\nRecommended Action: It is recommended that the City Council take the following actions to:\n1. Receive and file the Staff Report and presentations; and\n2. Ask any questions of the Measure U Committee and Staff; and\n3. Provide direction to Staff as appropriate regarding the next steps in the EIFD Process.