City Council

11.3 Resolution No. 10428 approving the deferral of certain City 358 - 412\nDevelopment Impact Fees (DIFs) in the amount of $1,672,164.64 to\nbe structured as a Residual Cash Receipts Loan between the City of\nIndio and Pacific West Communities, Inc. to support the provision of\nrequired electrical infrastructure for the Arroyo Crossing Affordable\nHousing Project, Phases I and II located southwest of the\nintersection of Jefferson Street and Highway 111 f authorizing the\nCity Manager and City Attorney to prepare and execute the\nnecessary Loan Agreement documents (Kevin Snyder, Director of\nCommunity Development) Recommendation: Approve\nStaff Report - Resolution No. 10428 - Arroyo Crossing I/II DIF\nDeferral Loan - Pacific West Communities - Pdf