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The Pittsburg City Council unanimously approved a $46 million tax district Monday night to pay for infrastructure of the Tuscany Meadows subdivision on the city’s eastern border with Antioch.
The 135-acre site will host up to 917 new housing units on a former oil tank farm. Tuscany Meadows will be built next to another Discovery Builders project, Sky Ranch II, which is approved for another 417 homes. Last month, the City Council approved the company’s 1,500-home Faria/Southwest Hills project.
The approved Community Finance District will set up a financing vehicle to pay for grading and subdrainage for public streets, utilities and water facilities; street construction, curbs, gutters, medians, and sidewalks; storm drains, sewer mains and water mains; public landscaping; street lighting and traffic signals; sound walls and related city, inspection and design fees. Each house will be taxed $1,500 per year and $15,384 per acre.
Council member Jelani Killings hailed the Tuscany Meadows approval as “a great opportunity for more moderate range housing in our city.”
Killings urged city staffers to seek out more townhouse and condominium projects to appeal to more potential homeowners. The Community Finance District amendment passed 5-0.
The Tuscany Meadows parcel was set aside for development by Pittsburg thanks to the 79 percent voter approval in 2011 of Measure I. Sky Ranch was approved in 2002.