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Approve a Tax Exchange Agreement between Solano County and the City of Suisun City related to the planned annexation of the Highway 12/Pennsylvania Ave Buzz Oates development project; Delegate authority to the County Administrator to sign the agreement, including any necessary minor technical adjustments with County Counsel concurrence; and Adopt a resolution delegating authority to the County Administrator to finalize tax exchange negotiations on behalf of special districts affected by a proposed jurisdictional change when the jurisdictional change will result in a tax revenue exchange of less than $10,000
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Published Notice Required? Yes ____ No _X_
Public Hearing Required? Yes ____ No _X_
DEPARTMENTAL RECOMMENDATION:
The County Administrator’s Office recommends that the Board of Supervisors:
Approve a Tax Exchange Agreement between Solano County and the City of Suisun City related to the planned annexation of the Highway 12/Pennsylvania Ave Buzz Oates development project; and
Delegate authority to the County Administrator to sign the agreement, including any necessary minor technical adjustments with County Counsel concurrence; and
Adopt a resolution delegating authority to the County Administrator to finalize tax exchange negotiations on behalf of special districts affected by a proposed jurisdictional change when the jurisdictional change will result in a tax revenue exchange of less than $10,000.
SUMMARY:
The City of Suisun City (City) is proposing to annex an approximately 162-acre site referred to as the Highway 12 Logistics Center Annexation Area, located at the northwest corner of Cordelia Road and Pennsylvania Ave, bounded by State Highway 12 to the north and the Union Pacific Railroad to the east, within the City’s Sphere of Influence. The City, in coordination with the landowner/developer, Buzz Oats Construction Inc., is proposing a warehouse and logistics center spanning 700,000 to 1,300,000 square feet of indust...
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