BACKGROUND: On April 25, 2023, the Santa Rosa City Council
passed two resolutions to begin forming an Enhanced Infrastructure
Financing District (EIFD) in the downtown business corridor to help fund
public capital projects of communitywide benefit. RES-2023-076
initiated the formation process, while RES-2023-077 created the Public
Financing Authority (PFA) as the EIFD's governing body. The PFA is
responsible for developing an Infrastructure Financing Plan (IFP),
outlining tax revenue allocation and potential bond issuance. On
October 19, 2023, the PFA formally directed staff to prepare the IFP
and confirmed all prior related actions. The draft IFP, presented on April
2, 2025, proposes financing projects such as a performing arts or
conference center, streetscaping and placemaking to enhance
connectivity between Downtown and Railroad Square, and affordable
housing at designated income levels.
RECOMMENDATION: It is recommended by the Planning and
Economic Development Department that the Downtown Business
Corridor Enhanced Infrastructure Financing District (EIFD) Public
Financing Authority (PFA) by resolution, modify the draft Infrastructure
Financing Plan for the City of Santa Rosa Enhanced Infrastructure
Financing District (Downtown Business Corridor) (District).
Attachments:
3. 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
Development Department, Room 3, City Hall, 100 Santa Rosa Ave, during normal business hours.