Question Regarding Potential EIFD Infrastructure Projects
Re: Question Regarding Potential EIFD Infrastructure Projects
Still waiting for clarification from the EIFD ad hoc committee.
Question Regarding Potential EIFD Infrastructure Projects
This question has been submitted to Sebastopol's city council on 14 December 2023:
POTENTIAL INFRASTRUCTURE PROJECTS
Do specific infrastructure projects have to be declared as the purpose of an EIFD during its creation and the revenue generated spent only on the declared projects, or does creation of an EIFD establish a general revenue fund that can be spent on any or all of the potential projects listed in the ad hoc committee's report out at the discretion of whomever presides over the EIFD after it's inception?
Please answer this question during the December 19 council meeting.
Thanks and regards,
admin
Sebastopol
POTENTIAL INFRASTRUCTURE PROJECTS
Do specific infrastructure projects have to be declared as the purpose of an EIFD during its creation and the revenue generated spent only on the declared projects, or does creation of an EIFD establish a general revenue fund that can be spent on any or all of the potential projects listed in the ad hoc committee's report out at the discretion of whomever presides over the EIFD after it's inception?
Please answer this question during the December 19 council meeting.
Thanks and regards,
admin
Sebastopol