637 First Street,  
City of Santa Rosa  
Santa Rosa, CA 95404  
Public Financing Authority  
Regular Meeting Minutes - Final  
Thursday, January 16, 2025  
1:00 PM  
1. CALL TO ORDER AND ROLL CALL  
Chair Fleming called the meeting to order at 1:01 p.m.  
Board Member Judy arrived at 1:05 p.m.  
Board Member Hermosillo arrived at 1:20 p.m.  
5 -  
Present  
Chair Victoria Fleming, Vice Chair Hugh Futrell, Board Member Chris  
Coursey, Board Member Caroline Judy, and Board Member Carmen  
Gonzalez  
2. ANNOUNCEMENTS  
Director Gabe Osburn provided announcements.  
3. APPROVAL OF MINUTES  
2.1  
September 19, 2024 - Draft Minutes  
Approved as submitted.  
Chair Fleming opened and closed public comment at 1:05 p.m.  
4. PUBLIC COMMENTS  
Chair Fleming opened and closed public comment at 1:06 p.m.  
5. NEW BUSINESS  
4.1  
POLICY DISCUSSION - Review recent changes to State code that  
affect the formation of Enhanced Infrastructure Financing Districts.  
No action will be taken except for possible direction to staff.  
PRESENTED BY: Gabe Osburn, Director of Planning and Economic  
Development Department.  
Director Gabe Osburn presented.  
Staff responded to Board Member inquiries.  
Chair Fleming opened and closed public comment at 1:29 p.m.  
Board Members provided comments and feedback.  
4.2  
POLICY DISCUSSION - Modified timeline for the adoption of the  
Infrastructure Financing Plan and formation of the Enhanced  
Infrastructure Financing District.  
No action will be taken except for possible direction to staff.  
PRESENTED BY: Gabe Osburn, Director of Planning and Economic  
Development Department.  
Director Gabe Osburn presented.  
Staff responded to Board Member inquires.  
Chair Fleming opened and closed public comment at 1:51 p.m.  
Board Members provided comments and feedback.  
6. ADJOURNMENT  
Chair Fleming adjourned to meeting at 1:52 p.m.  
Approved on: June 16, 2025  
s/ Madeline Brown, Recording Secretary