HomeMy WebLinkAbout4 East West Partners Agenda Item #
Memorandum
To: Board of Directors
From: peter Holzmeister
Date: March 15, 2002
Subject: East West Partners
East West Partners has asked for the opportunity to talk with the Board about their two
developments: Old Greenwood and Gray Station. They have been sharing information
with the Directors during the past few weeks. Now they want to discuss their proposal
that TDPUD sponsor a Community Facilities District as a financing vehicle for their
installation of public infrastructure. I expect Bill Fivash and Rick McConn to attend.
They will have two consultants with them, Larry Rolapp and Susan Goodwin, both of
whom are finance consultants.
I believe that a Community Facilities District could be established without adding
uncompensated burden to District staff. That is not the only consideration. There are
broader policy considerations that the Board will surely consider.
I do not have a recommendation for the Board