ApprovedOther
Gladden Farms (Phase II) Community Facilities District — Second Amendment (Resolution No. 2026-025)
Description
The developer-bond cap for the Gladden Farms Phase II district rises from $20 million to $32 million due to higher construction costs, with bond issuance extended to 2034 and the agreement to 2059.
Impact summary
More district bonding capacity means infrastructure can be built despite cost inflation, but district debt for Gladden Farms Phase II grows.
Applicant
- Name
- Gladden Farms (Phase II) Community Facilities District / developer entities
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Approved6–0, unanimous
Last discussed Apr 21, 2026.
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