Legislation Details

File #: 2026-01668    Version: 1
Type: Consent Item Status: Agenda Ready
File created: 8/31/2026 In control: Innovation Park Public Financing Authority
On agenda: 10/13/2026 Final action:
Title: A Resolution Directing the Preparation of an Infrastructure Financing Plan for the Innovation Park Project, Adopting a Conflict of Interest Code, Establishing Regular Meeting Dates, and Adopting the State CEQA Guidelines for Use in Implementing CEQA
Attachments: 1. 2026-01668 STAFF REPORT
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title
A Resolution Directing the Preparation of an Infrastructure Financing Plan for the Innovation Park Project, Adopting a Conflict of Interest Code, Establishing Regular Meeting Dates, and Adopting the State CEQA Guidelines for Use in Implementing CEQA
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FileID
File ID: 2026-01668
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Location
Location: District 1
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Recommendation
Recommendation: Adopt a Resolution directing the preparation of an Infrastructure Financing Plan (IFP) for the Innovation Park Project, adopting a conflict of interest code, designating officials and disclosure categories, establishing a time and place for holding regular meetings, and adopting California Environmental Quality Act (CEQA) guidelines.
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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, Economic Investment Manager, (916) 808-5450, lfritzsche@cityofsacramento.org, Economic Development Department
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Presenter
Presenter: None.
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Attachments
Attachments:
1-Description/Analysis
2-Schedule of Proceedings
3-Proposed Boundaries of EIFD
4-Resolution
5-Exhibit A: List of Designated Officials & Disclosure Categories
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Description/Analysis
IssueDetail
Issue Detail: The Innovation Park Project (Project) is a private development partnership between Argent Management, LLC (Argent), and California Northstate University (CNU). The proposed Project covers approximately 171 acres in the North Natomas area on the site of the former Sleep Train Arena. The Project is anticipated to provide an urban mixed-use development consisting of residential, commercial, health and educational uses and public amenities. As a catalyst to jump start the development of the Project, the proposed CNU Hospital and Medical Campus would create thousands of employment opportunities. The Project is projected to provide a wide range of affordable and market-rate housing, diverse regio...

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