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PART II: CRITERIA FOR REVIEW OF CFA PROPOSALS <br /> A. ELIGIBLE IMPROVEMENTS <br /> 1. Eligible Special Improvements Generally. <br /> Special improvements eligible for funding under Chapter 32 include infrastructure facilities <br /> <br /> that serve and provide benefits to the public in connection with the formation of a CFD. Such <br /> facilities are required to have an estimated useful life of five years or morc. Privately-owned <br /> <br /> facilitics may be eligible for financing under Chapter 32 if the County Council determines that they <br /> <br /> serve a public purpose? <br /> Eligible special improvements may include, but are not limited to, the following types of <br /> facilities and improvements: <br /> a. Streets, roads, highways, pedestrian malls, sidewalks or alleyways, including but not limited <br /> to, grading, paving or otherwise improving the foregoing; <br /> b. Public parking facilities; <br /> c. Lighting systems, including but not limited to traffic signals, for any public right-ot=way; <br /> d. Local park, recreation, child care, parkway and open-space facilities; <br /> e. Elementary, secondary, vocational and higher education school sites and lacilitics; <br /> E Libraries, museums or other cultural facilities; <br /> g. 1'he undergrounding of natural gas pipeline facilities, telephone lines, facilities tier the <br /> transmission or distribution of electrical energy, cable television lines and other utility <br /> facilities, subject to the further provisions of Chapter 32, Section 32-7(g); <br /> h. Water systems; <br /> i. Police, criminal justice (including but not limited to jails and courthouses), fire suppression <br /> (including but not limited to Lire stations) and paramedic facilities; <br /> j. Wastewater, storm damage, sewage removal or treatment, or solid waste disposal, recycling <br /> or resource recovery systems or facilities; <br /> k. 'I}ansit or transportation systems; <br /> z I[ should be noted that federal tax laws impose limits on tax-exempt bonds that can <br /> be issued to finance privately-owned infrastructure facilitics as part of a CFD. <br /> 'Therefore, it may be necessary to issue taxable bonds to finance such facilities. <br /> Chapter 32 permits the issuance of both tax-exempt and taxable bonds for CFDs. <br /> 7 <br /> <br />