Development Fund

About the Program
The Development Fund has been allocated $350,000 of 1-time funds. If agreed upon each year by the City Council, the amount will carry over from year-to-year until exhausted. This program is meant to be flexible in order to capture development opportunities and reduce or eliminate impediments to development. The program is divided into 3 parts:
For Businesses, Property Owners, or Developers
  • Assistance with development requirements, such as undergrounding utilities, offsite improvements, and sewer relocation
  • Funding to assist in the attraction, retention, or expansion of a business in the city (this could also include special studies to spur development of a specific project)
Prospective or New PBIDs & BIDs
  • Start-up costs up to a maximum of $25,000
  • Supplemental operation funds for a maximum of 3 years
  • Advancement of funding for special projects payable with future assessment
Existing PBID & BIDs
  • Renewal assistance, up to a maximum of $20,000
  • Advancement of funding for special projects payable with future assessments
Contact & Application Information
If you are interested in applying for assistance, please contact Devon Rodriguez at 916-727-4745 to discuss your project.