637 First Street,  
City of Santa Rosa  
Santa Rosa, CA 95404  
PUBLIC FINANCING AUTHORITY  
REGULAR MEETING AGENDA AND  
SUMMARY REPORT - FINAL  
JUNE 16, 2025  
ALL PUBLIC COMMENTS WILL BE PROVIDED IN PERSON OR VIA EMAIL  
IN ADVANCE OF THE MEETINGS.  
MEMBERS OF THE PUBLIC CAN PARTICIPATE IN THE MEETING BY  
ATTENDING IN-PERSON FROM 637 FIRST STREET.  
THE PUBLIC CAN ALSO VIEW OR LISTEN TO THE MEETING LIVE AT:  
1. VIA ZOOM BY VISITING  
HTTPS://SRCITY-ORG.ZOOM.US/J/86557209239, OR BY DIALING  
877-853-5257 AND ENTERING WEBINAR ID: 865 5720 9239;  
IN THE EVENT A BOARD MEMBER PARTICIPATES REMOTELY BASED  
ON JUST CAUSE OR EMERGENCY CIRCUMSTANCES PURSUANT TO AB  
2449, THEY WILL ALSO ALLOW FOR PUBLIC  
COMMENT THROUGH THE ZOOM LINK OR DIAL-IN NUMBER ABOVE.  
2:30 P.M. - REGULAR SESSION  
1. CALL TO ORDER AND ROLL CALL  
2. APPROVAL OF MINUTES  
2.1  
2.2  
2.3  
2.4  
January 16, 2025 - Meeting Minutes.  
Draft Minutes - April 2, 2025  
Attachments:  
April 2, 2025 - Special Meeting Minutes  
April 2, 2025 - Draft Minutes  
May 8, 2025 - Special Meeting Minutes.  
May 8, 2025 - Draft Minutes  
May 15, 2025 - Special Meeting Minutes.  
May 15, 2025 - Draft Minutes  
Attachments:  
Attachments:  
Attachments:  
3. PUBLIC COMMENTS  
This is the time when any person may address matters not listed on this  
agenda, but which are within the subject matter of the jurisdiction. The public  
may comment on agenda items when the item is called. Each speaker is  
allowed three minutes.  
4. NEW BUSINESS  
4.1  
PUBLIC HEARING - FORMATION OF THE CITY OF SANTA ROSA  
ENHANCED INFRASTRUCTURE FINANCING DISTRICT  
(DOWNTOWN BUSINESS CORRIDOR) AND ADOPTION OF THE  
INFRASTRUCTURE FINANCING PLAN (THE PUBLIC NOTICE FOR  
THIS ITEM WAS PRESENTED TO START AT 1:00 PM OR AS SOON  
AS POSSIBLE THEREAFTER. THIS PUBLIC HEARING ITEM WILL  
BEGIN SHORTLY AFTER 2:30 PM )  
BACKGROUND: An Enhanced Infrastructure Financing District (EIFD)  
is a financing tool that supports public infrastructure and development  
that in turn supports and incentivizes private investment into specific  
areas where mixed-use development is desired. The goal of the EIFD is  
to leverage future tax increment to fund projects that accelerate  
economic growth, create jobs, and serve as catalyst for private sector  
investment and development, further improving the region’s  
competitiveness for state and federal grants within the EIFD while  
increasing economic mobility. In April of 2023, the Santa Rosa City  
Council (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 IFP must be  
adopted by 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 the methods for determining the EIFD funded  
improvements, including, among other factors, the proximity of the  
improvements to the EIFD, the economic impact of the improvements  
and the approval rights of the City and County. After hearing all written  
and verbal comments, the PFA opened the first public hearing, as  
required under EIFD law, on May 8, 2025. The public hearing was  
continued to May 15, 2025, during which the PFA incorporated certain  
comments and modified the IFP. The Council and the Sonoma County  
Board of Supervisors (Board) reviewed the modified IFP on June 3,  
2025, and adopted resolutions approving the IFP as presented. Under  
EIFD law, if the enhanced infrastructure financing plan is not rejected at  
the first public hearing, a second public hearing must be held to allow  
landowners and residents in the area to submit oral or written protests.  
At the second hearing, the PFA must consider all protests and any  
recommendations from affected taxing entities. The PFA must terminate  
the proceedings if a majority protest is received (over 50% of the  
combined number of landowners and residents in the area at least 18  
years of age) and call an election if protests represent 25% to 50% of  
the combined number of landowners and residents in the area at least  
18 years of age. If less than 25 percent of the combined number of  
landowners and residents in the area who are at least 18 years of age  
file a protest, the PFA may, by resolution, form the District and adopt  
the IFP. The resolution adopting the IFP shall be subject to referendum.  
RECOMMENDATION: It is recommended by the City of Santa Rosa’s  
departments of Planning and Economic Development and Finance that  
the Downtown Business Corridor EIFD Public Financing Authority, 1)  
hold a noticed public hearing including protest proceedings; and 2) if  
there is no protest of over 50% of the combined number of landowners  
and residents at least 18 years of age in the area of the EIFD (in which  
case the proceedings shall terminate) and no protest of between 25%  
and 50% of the combined number of landowners and residents at least  
18 years of age in the area of the EIFD (in which case an election shall  
be called), by resolution, adopt the draft Infrastructure Financing Plan  
for the City of Santa Rosa Enhanced Infrastructure Financing District  
(Downtown Business Corridor) (District) and form the District.  
Staff Report  
Attachments:  
Attachment 1 - Public Comment  
Attachment 2 - City Council Resolution RES-2025-092  
Attachment 3 - Sonoma County Board of Supervisors Adop  
Resolution  
Exhibit A  
Presentation  
5. FUTURE AGENDA ITEM(S)  
6. ADJOURNMENT  
*Ex parte communication disclosure required.  
The City of Santa Rosa does not discriminate on the basis of disability in the admissions or access to, or treatment of or  
employment in, its programs or activities. Disability-related aids or services, including printed information in alternate formats, to  
enable persons with disabilities to participate in public meetings are available by calling the Recording Secretary at (707)  
543-3190 (TTY Relay at 711). Requests should be submitted as far in advance as possible, but no later than two business days  
before the scheduled meeting.  
Any writings or documents provided to the Public Financing Authority prior to this meeting regarding any item on this agenda  
are available for public review at https://santa-rosa.legistar.com/Calendar.aspx or in person at the Planning and Economic  
Development Department, Room 3, City Hall, 100 Santa Rosa Ave, during normal business hours.