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Council authorizes special‑tax bonds to fund Olson South Chandler infrastructure
Summary
Paso Robles approved resolutions Dec. 2 to authorize special-tax bond issuances for two Olson South Chandler improvement areas to reimburse infrastructure costs; staff said the debt is paid by affected property owners and carries no general-fund impact.
The Paso Robles City Council on Dec. 2 unanimously authorized special-tax bonds to reimburse infrastructure already built and planned within the Olson South Chandler specific plan.
Administrative Services Director Ryan Cornell said the specific plan anticipates about 1,200–1,300 homes and that community facilities districts (CFDs) were formed to finance backbone infrastructure. For Improvement Area 1 the prior…
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