City of Sacramento header
File #: 2021-00041    Version: 1 Name:
Type: Discussion Item Status: Agenda Ready
File created: 1/12/2021 In control: Aggie Square Enhanced Infrastructure Financing District Public Financing Authority
On agenda: 1/19/2021 Final action:
Title: Aggie Square Community Benefits and Engagement Discussions (Oral Report)
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title:
Title
Aggie Square Community Benefits and Engagement Discussions (Oral Report)
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FileID
File ID: 2021-00041

Location
Location: Districts 5 and 6, 2nd Avenue and Stockton Boulevard

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Recommendation:
Recommendation
Receive and file information on the City's community engagement efforts on the Aggie Square project and the project's community benefits.
FileName
Contact: Leslie Fritzsche, Economic Investment Manager, (916) 808-5450, Office of Innovation and Economic Development, Office of the City Manager

Body
Presenter: Leslie Fritzsche, Economic Investment Manager, (916) 808-5450, Office of Innovation and Economic Development, Office of the City Manager

Attachments:
1-Description/Analysis




Description/Analysis

Issue Detail: The Aggie Square project is a significant project for the region, the City and the community. It will bring 1.2 million square feet of bio-medical innovation space, an estimated $1 billion in public and private investment, and an estimated 5,000 permanent jobs to the City. City staff along with UC Davis and Wexford Science and Technology have participated in and attended many community meetings to share information about the project and to discuss the benefits the project can bring to the community.

City staff have been working on the formation of commitments from UC Davis and Wexford that demonstrate how the City and neighborhoods surrounding Aggie Square can directly benefit from the project - commitments to construction and jobs, career pathways for local residents, support for local small businesses, access to community spaces at Aggie Square and EIFD funding for affordable housing. In addition, staff have been identifying ways the City can support and augment those benefits for greater community benefit and impact.

The oral report will provide information on the community engagement efforts and the elements of the proposed community benefits agreement.

Policy Considerations: None

Economic Impac...

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