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Developer outlines plan for hundreds of homes in Oroville, asks city to support CFD financing
Summary
A development group presented plans for roughly 400–700 homes in and near Oroville and asked the City Council to support forming a Community Facilities District (CFD) to finance infrastructure; a municipal advisor gave an overview of how CFDs work.
A developer told the Oroville City Council it wants to build hundreds of new market‑rate homes in and near Thermolito and asked the city to help by forming a Community Facilities District, a tax mechanism commonly called a CFD or Mello‑Roos district.
The presentation was led by Vladimir Caslanka, introduced as a principal at Premier Enterprise Inc., who said his team controls or has contracts for multiple subdivisions inside and adjacent to the city. “The ones that I’ve shown today was a little under 400. However…we have about 700 total,” Caslanka said, adding the company aims to price starter homes near the county median…
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