Norwalk

City Council

September 16, 2025 Consent Item #12

Agenda Item 12

12. RESOLUTION NO. 25-44 - APPROVING THE INFRASTRUCTURE FINANCING PLAN FOR THE\nNORWALK ENHANCED INFRASTRUCTURE FINANCING DISTRICT AND THE ALLOCATION OF\nPROPERTY TAX INCREMENT WITHIN THE NORWALK ENHANCED INFRASTRUCTURE FINANCING\nDISTRICT\nStaff recommends City Council adopt Resolution No. 25-44, A RESOLUTION OF THE CITY COUNCIL\nAPPROVING THE INFRASTRUCTURE FINANCING PLAN FOR THE NORWALK ENHANCED\nINFRASTRUCTURE FINANCING DISTRICT AND THE ALLOCATION OF THE CITY’S INCREMENTAL\nPROPERTY TAX REVENUE WITHIN THE NORWALK ENHANCED INFRASTRUCTURE FINANCING\nDISTRICT PURSUANT TO GOVERNMENT CODE SECTIONS 53398.68 and 53398.75.\nREPORTS