Title
Second Amendment to the Infrastructure Financing Plan and Third Amendment to the Master Funding Agreement for the Aggie Square EIFD/Project
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FileID
File ID: 2026-01481
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Location
Location: Districts 5 and 6
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Recommendation
Recommendation: 1) Adopt a Resolution approving the second amendment of the Infrastructure Financing Plan for the City of Sacramento Aggie Square Enhanced Infrastructure Financing District (EIFD), and 2) pass a Motion authorizing the City Manager or designee to enter into the Third Amendment to the Master Funding Agreement (City Agreement No. 2021-1293) between the Regents of the University of California; AS LSTE East OWNER, LLC, AS MUR Owner, LLC, AS P6 Owner, LLC and AS LLL Owner, LLC, (as successor by assignment of Wexford Development, LLC), the City of Sacramento and Aggie Square EIFD for the Aggie Square Project.
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Contact
Contact: Sini Makasini, Senior Development Project Manager, (916) 808-7967, smakasini@cityofsacramento.org, Infrastructure Finance Division, Finance Department; Leslie Fritzsche, (916) 808-5450, lfritzsche@cityofsacramento.org, Economic Investment Manager; Office of Innovation and Economic Development, City Manager’s Office.
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Presenter
Presenter: None
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Attachments
Attachments:
1-Description/Analysis
2-Third Amendment to Master Funding Agreement
3-Resolution Approving Amendment to the Infrastructure Financing Plan
4-Exhibit A, Second Amendment to Infrastructure Financing Plan
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Description/Analysis
IssueDetail
Issue Detail: The Aggie Square Project (Aggie Square) is a public-private partnership between UC Davis and Wexford Development, LLC for the construction of a new innovation hub for the Sacramento region, driving commercialization of UC Davis research, hosting Sacramento start-ups, growing local companies, bringing new companies and jobs to Sacramento and adding vitality to the Stockton Boulevard corridor. Aggie Square is located on the UC Davis Sacramento Ca...
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