City of Sacramento header
File #: 2020-01330    Version: 1 Name:
Type: Consent Item Status: Agenda Ready
File created: 10/28/2020 In control: Aggie Square Enhanced Infrastructure Financing District Public Financing Authority
On agenda: 11/18/2020 Final action:
Title: A Resolution Directing the Preparation of an Infrastructure Financing Plan for the Aggie Square Project, Adopting a Conflict of Interest Code, Establishing a Regular Meeting Date, and Adopting the State CEQA Guidelines for Use in Implementing CEQA
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Title:
Title
A Resolution Directing the Preparation of an Infrastructure Financing Plan for the Aggie Square Project, Adopting a Conflict of Interest Code, Establishing a Regular Meeting Date, and Adopting the State CEQA Guidelines for Use in Implementing CEQA
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FileID
File ID: 2020-1330

Location
Location: Districts 5 and 6, Stockton Blvd and 2nd Ave, UC Davis Sacramento Medical Center
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Recommendation:
Recommendation
Adopt a Resolution directing the preparation of an Infrastructure Financing Plan (IFP) for the Aggie Square 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.
FileName
Contact: Leslie Fritzsche, Economic Investment Manager, (916) 808-5450, City Manager's Office of Innovation and Economic Development

Presenter: None

Attachments:
1-Description/Analysis
2-EIFD Boundaries
3-Aggie Square PFA 2020/21 Meeting Schedule Draft
4-Resolution
5-Exhibit A: List of Designated Officials and Disclosure Categories



Description/Analysis

Issue Detail: On October 27, 2020, the City Council adopted a Resolution of Intention (ROI) to form the Aggie Square Enhanced Infrastructure Financing District (EIFD) (Resolution No. 2020-0352). The PFA will serve as the governing board of the EIFD and is to consist of three members of Council and two members of the public. Subsequently, the following individuals were appointed to serve on the PFA: Joany Titherington and Nicolina Hernandez. It is now appropriate for the PFA to hold its first meeting.

The proposed EIFD consists of a 42-acre area primarily occupied by the UC Davis Sacramento Medical Center campus (Attachment 1). Located on the UC Davis Medical Center Campus, along the Stockton Boulevard corridor, the Aggie Square project is envisioned as an innovation hub for the Sacramento region, driving commercialization of university...

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