AB2854 Sales and Use Tax Law Compliance

Assembly Bill 2854 (AB 2854) requires cities and counties to annually provide specified information to the California Department of Tax and Fee Administration (CDTFA), and post the information on the website related to each agreement that results in the direct or indirect payment, transfer, diversion, or rebate of Bradley-Burns sales and use tax revenues. The City of American Canyon has one Sales Tax Agreement with Watson Ranch Development. The links below provide the full agreement and reports.

Watson Ranch Development Agreement

This document is the Development Agreement between the City of American Canyon and American Canyon I, LLC, dated July 18, 2019, regarding the Watson Ranch Project. The agreement establishes the terms and conditions for developing the AC-1 Property, including obligations for infrastructure, parks, affordable housing requirements and development phasing over a 30-year term ending August 20, 2049.

Reports