Supervisors advance plans for infrastructure district in Temecula Valley

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The Riverside County Board of Supervisors Tuesday, Nov. 2, approved a resolution expressing support for the revenue sharing plan that will be at the heart of a proposed Enhanced Infrastructure Financing District for the Temecula Valley Wine Country. In a 5-0 vote without comment, the board signed off on the 76-page draft financing plan for the proposed EIFD, which has been in the works since April. The plan specifies how the district will operate and what it will fund. The district must receive two-thirds supermajority approval from all stakeholders within it before it can be formally established. The board’s action permits the Riverside County Assessor-Clerk-Recorder to move forward with filing a request with the State Board of Equalization to initiate the process of defining j
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