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Soledad Unified asks council to waive impact fees for teacher housing; city staff recommends against waiver, council asks staff to explore loan options
Summary
Soledad Unified School District requested the City Council waive roughly $485,740 in city development-impact fees for a 20-unit teacher-housing project. City staff recommended rejecting a waiver, citing lost capital funding for infrastructure; the council directed staff to explore a possible short-term loan and to return with pro forma analysis.
Superintendent Randy Banks and Board President Chris Burke asked the Soledad City Council on Aug. 6, 2025, to waive or substantially reduce City of Soledad development-impact fees for a 20‑unit teacher‑housing project the district is building on downtown land acquired in a prior sale. The school district asked the council to waive approximately $485,740 in city impact fees (a figure the district referenced alongside a separate $436,000 figure included in earlier correspondence). Superintendent Banks said the project, budgeted at roughly $13–14 million and financed in part with Measure N bond proceeds and certificates of participation, is…
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