Community Facilities District Committee

About the Committee:

In August 2020, the Board of Trustees adopted resolutions establishing the Altadena Library District Community Facilities District (CFD) and deeming it necessary for the CFD to incur a bonded indebtedness to finance capital improvements of certain public facilities if approved by the community in a special election. Measure Z was approved by the community in the November 2020 election by over a 2/3 majority vote, which authorizes the CFD “to levy $0.10/square foot for single-family residences annually, with different rates for other property types, raising approximately $2,600,000 annually until ended by voters; bond issuance/appropriation limit of $24,000,000; requiring oversight/audits, low-income exemptions, and all funds staying local,” (www.altadenalibrary.org/MeasureZ).

The CFD Committee is a standing Committee that meets quarterly. It has provided guidance to the full Library Board for the selection and oversight of the following essential CFD services:

  • Bond issuance team and debt structure.

  • Bond and Disclosure Legal Counsel

  • Municipal Advisor

  • Special Tax Consultant and Dissemination Agent

  • Fiscal Agent

In its on-going role, the Committee:

  • Monitors the short-term investment of bond proceeds

  • Provides feedback on the capital improvement projects

  • Supports the solicitation of community feedback throughout the process.

Meetings are available to the public via live stream on the Altadena Library YouTube channel during COVID-19 restrictions.

CFD Committee

Terry Andrues
Committee Chair, Trustee

Boon Lim
Trustee

Doug Colliflower
Community Member

Consultant Team

Urban Futures, Inc.
Municipal Advisory Services

Best Best & Krieger LLP
Bond Counsel

NBS Government Finance Group
CFD Administration

Hilltop Securities
Bond Underwriting Services

Staff Support

Nikki Winslow
District Director

Meeting Materials

Building Timeline

A timeline of historical building projects, assessments, and efforts to gather community feedback can be found on our Building Projects page at www.altadenalibrary.org/buildingprojects.

Tax Exemption

For more information about if you qualify for a tax exemption, please contact District Director Nikki Winslow or (626) 798-0833 x103.

Frequently Asked Questions