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File #:
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25-0375
Version:
1
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Name:
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PFA EIFD
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Type:
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CC- Public Hearing
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Status:
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Agenda Ready
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On agenda:
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6/3/2025
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Final action:
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Title:
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PUBLIC HEARING - DOWNTOWN ENHANCED INFRASTRUCTURE FINANCING DISTRICT INFRASTRUCTURE FINANCING PLAN
BACKGROUND: In April of 2023, the City Council adopted a Resolution of Intention to form the City of Santa Rosa Enhanced Infrastructure Financing District (Downtown Business Corridor) (District) and adopted a Resolution to establish the Downtown Business Corridor EIFD Public Financing Authority (PFA) as the governing board of the District. The Infrastructure Financing Plan (IFP) describes the boundaries of the District, the public facilities and other projects of community wide significance to be financed by the District, and the tax revenue allocated by the City of Santa Rosa (City) and the County of Sonoma (County) to the District. The Draft IFP must be adopted by both the City and the County prior to the PFA’s adoption of the IFP and formation of the District. The IFP was presented to the PFA on April 2, 2025. The PFA and City and County staff discussed revisions to the limitations on...
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Indexes:
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Exempt Project, Not a Project
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Code sections:
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15061(b)(3) - General Rule Exemption, 15378 - Not a Project
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