College Square CFD No. 2005-01

The College Square CFD was formed in 2005 in order to finance roadways, traffic signals, water mains, storm drainage facilities and governmental fees.  The developer plans to construct a multi-family residential and office/commercial development.

The CFD includes approximately 52 acres.  At build-out, there will be approximately 720 multi-family residential units and 270,000 square feet of office/commercial.  The developer plans to construct the project in two phases.

Phase one covers approximately 38 acres and will include 484 multi-family residential units and 200,000 square feet of office/commercial space.  The second phase is about 14 acres and will include 240 multi-family residential units and 60,000 square feet of office/commercial space.  Phase one is projected to take four years and be completed in 2009-20010.  The second phase is anticipated to be take six years and be complete in 2011-2012.

As of December 2006, the initial bond sale for the College Square CFD has not occurred.  The bond authorization amount is $13 million.

 

District Manager: Contact Info:
City Treasurer's Office

916-808-5168

 

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