Placer County's board of supervisors reached an agreement today on a tax-sharing deal with the City of Roseville that clears the way for a significant expansion of the city's borders and population.
The agreement, once approved by the City of Roseville, would allow the city to expand by 4,700 acres. The developments there are expected to include 30,000 new homes over the next couple decades.
The deal was unanimously approved by the board Tuesday. The Roseville City Council is expected to take up the item in October.
The agreement will clear the way for more than $150 million in infrastructure improvement at Sierra Vista, Creek View and Reason Farm Environmental Preserve, according to District 1 Supervisor Jack Duran.
The agreement calls for the county to support annexation of the property by Roseville in exchange for nearly $20 million annually in property and sale tax dollars once the projects are developed.
Roseville began efforts to annex the territory needed for these new developments in 2005, but an agreement on tax sharing remained elusive.
Sierra Vista and Creek View would be the site of significant new developments. Reason Farm would be kept as open space.
The Placer County Deputy Sheriffs' Association is addemently opposed to annexation. We firmly believe that we can provide the best law enforcement services to the areas within our jurisdiction.
