To: Board of Supervisors
From: County Administrative Office
Agenda Section: Time Certain Matter
SUBJECT:
title
10:30am - Initial Public Meeting of the Public Financing Authority (PFA) for the Samoa Peninsula Enhanced Infrastructure Financing District (The EIFD) to be presented with the proposed EIFD and the draft Infrastructure Financing Plan (IFP)
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Adjourn as the Humboldt County Board of Supervisors;
2. Appointed members convene as the Public Financing Authority for the Samoa Peninsula Enhanced Infrastructure Financing District;
a. Roll call
b. Approval of Minutes
c. Public Comment on Non-Agenda Items
d. Report Out on Meetings Attended and Community Feedback Received
e. Agenda Items
i. Public Meeting: Staff to Present the Samoa Peninsula EIFD and IFP
1. Discussion
2. Public Comment
ii. Staff Updates
1. Discussion
2. Public Comment
3. Adjourn the Public Finance Authority for the Samoa Peninsula Enhanced Infrastructure Finance District; and
Reconvene as the Humboldt County Board of Supervisors
Body
SOURCE OF FUNDING:
General Fund (1100) - Property Tax
DISCUSSION:
On June 29, 2021 the Board of Supervisors adopted Resolution of Intention (ROI) to form the Samoa Peninsula Infrastructure Financing District (EIFD) and established the Public Financing Authority (PFA) to be the governing body of the EIFD. As part of the EIFD formation process, the PFA is required to hold an initial public meeting during which they will be presented with the EIFD and the draft IFP. The IFP is a legal document required by legislation and which describes the EIFD and specific requirements related to financing and implementing goals of the EIFD. Following this meeting, the PFA is required to hold three public hearings, during which it will take public comment on the EIFD and IFP. The IFP will include the following key components:
* A map of the area and a description of public facilities to be f...
Click here for full text