Symphony Woods Development Proposal

Symphony Woods Park  Policy Implications: ¡ Based on financial issues that face CA in terms of stabilizing revenues and other operational and capital expenses, Management recommends the Board create a Symphony Woods Trust. ¡ Forming a trust would shift day-to-day decision making for constructing improvements in the park to a separate entity under an over-arching conceptual master plan. ¡ Even if the trust is formed, CA Will NOT relinquish ownership of the property. ¡ The County has made it explicitly clear that CA can utilize a new plan and not have to go back to step 1 in the development approval process.