SB 1480 Summary

• Adds formal application process for community facilities district formation, requiring applicants to submit completed applications including petitioner information, general plans, and preliminary financing plans, with governing bodies required to hold public hearings within 60 days.

• Modifies district board composition to allow two additional members designated by the owner with the largest privately owned acreage in the proposed district, or alternatively five appointed directors for districts larger than 600 acres.

• Requires districts to maintain electronically searchable websites with comprehensive public databases containing contracts, notices, meeting minutes, resolutions, budgets, and financial records.

• Establishes a cap of $15,000 on fees and charges assessed by municipalities or counties for district formation applications, and prohibits duplicate fees for substantially similar applications denied within one year.

• Creates a streamlined public infrastructure acceptance process allowing governing bodies 30 days to inspect completed segments and provide deficiency lists, with automatic acceptance within 30 days of engineer certification that deficiencies are remedied.