A Community Facilities District would be formed to pay up to $60 million for bond-financed infrastructures.
- Four parks
- A canyon preserve
- Miles of hiking trails
- Two bridges
- A widening of two existing streets - El Camino Real & Pico
- A state of the art urban runoff diversion system
- $600,000 to build a specialty playground in one of the parks
- $900,000 to use synthetic turf on one of the three soccer fields
- $750,000 to help fund a conference center in a Marblehead Coastal hotel
The annual tax on non-residential property would be $112,834 per acre.
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