Reassessment District No. 93-05 (Florin Depot & Oats Industrial Parks)

This district was formed in August of 1993 to refinance two existing districts, Florin Depot and Oates Industrial Park. With a lower interest rate the refinancing allowed the annual payments by the property owners to go down. Both of these districts were originally formed to finance the construction of public improvements within these non-residential subdivisions. Improvement bonds were sold for approximately $1,670,000 to refinance these districts. Property owners that benefited from these improvements will be obligated to pay for their share of the cost annually until 2018, when the bonds will be paid in full.

 

District Manager: Contact Info:
City Treasurer's Office

916-808-5168

 

District Map