Since its incorporation in 1960, the unprecedented growth of San Dimas has transformed the City from an essentially rural area to a well-balanced community offering industrial, commercial, and residential living. In addition to the 1,700 acre Frank G. Bonelli Recreational Area which lies within the City boundaries, there are many parks such as San Dimas Canyon Park, a city-owned golf course (San Dimas Canyon Golf Club), and over 27 miles of equestrian trails for riding. The city services include an extensive recreational program for youth and for senior citizens, and the City boasts a new modern City Hall, with excellent provisions made for County Sheriff and Fire Departments, along with a fine Los Angeles County Library and Engineering Regional Office.
Twitter link
Facebook link
Instagram link
Tax Sharing Revenue Agreement
The City of San Dimas entered into a promissory note with Costco Wholesale Corporation on June 15, 2007, for use of the Costco Centers parking lot as public space. The promissory payments are calculated based on sales taxes remitted to the City from Costco Wholesale and the accompanying businesses within the shopping center at a rate of 50% of sales taxes remitted less $50,000.
The agreement is set to be completed at the end of the 2025-26 fiscal year.
As of June 30,2024, the City has received $18,260,370 and remitted to Costco $7,728,930 of sales tax revenue as payment towards the note receivable.
The payments are part of an enforceable obligation of the Former Redevelopment Agency which is remitted to the City through the County of Los Angeles on a semiannual basis.