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necessary improvements discourages them from developing the available land located along this portion of Agua Mansa Road. The process for developing an IFD is very detailed and identified by the California Government Code Section 53395.10. The first step is for the Council to approve a resolution of intent to form an IFD. Approval of this resolution will allow staff to initiate the following steps required to form an IFD: 1. City Clerk will send the approved resolution of intent to all affected property owners (listed in Exhibit B). 2. City Clerk will send the approved resolution of intent to the County of San Bernardino (taxing entity) 3. Develop an Infrastructure Plan (IP) 4. Set a public hearing date for April 15, 2008. Pursuant to Section 53395.13 of the California Government Code the City must identify a designee to complete an Infrastructure Plan for the identified IFD. Staff requests the City Engineer be the designee identified to complete the Infrastructure Plan. In addition, Section 53395.14 states that the identified designee, the City Engineer, will also prepare an Infrastructure Financing Plan (IFP). The drafted IFP will layout the financial impacts that can be provided by the development of the identified IFD. Once the IP and IFP are drafted these documents will be brought before Council for review and then mailed to those property owners identified in Exhibit B and the County of San Bernardino. The formation of the IFD requires a two-thirds vote of the property owners. Attached Exhibit `C' is a flow chart depicting the required steps for the IFD formation. The following types of regional improvements can be financed by the identified IFD: water, sanitary sewer, storm sewer, electrical, bridges, roads, and street appurtences (curbs, gutters, sidewalk, street lights, traffic signals). ENVIRONMENTAL IMPACT: Not applicable. CONFLICT OF INTEREST: None FINANCIAL/FISCAL IMPACT: No financial impact will result from action taken on this item; both the IP and IFP will be completed by Engineering Division staff.