Community Facilities District

Council Discusses Point Tax District

Tuesday, March 7, 2017

Eric J. Kos City Hall West serves as the City of Alameda’s Alameda Point headquarters. At Tuesday’s City Council Meeting, details surrounding a new tax district for the Point were presented for discussion.

The City of Alameda will adopt a resolution that will declare its intention to create a Community Facilities District (CFD) at Alameda Point. Private property owners who acquire public land from the city within the district will be levied a special tax.

The resolution was established at the March 7 City Council meeting. The formation of the district is authorized through the City of Alameda’s Special Tax Financing Improvement Code Alameda Municipal Code, Section 3-70, according to a memorandum from City Manager Jill Keimach.