Aggie Square EIFD Public Financing Authority Special Meeting – September 29, 2026

The Aggie Square Enhanced Infrastructure Financing District (EIFD) Public Financing Authority held a special meeting on September 29, 2026, at Sacramento City Hall. Vice Chair Eric Guerra called the meeting to order at 9:34 a.m. and adjourned at 9:43 a.m. Members present: Rick Jennings (District 7), Christopher Romney, and Vice Chair Eric Guerra (District 6). Members absent: Yzabelle Dela Cruz (District 5) and Chair Caity Maple (District 5). The meeting included a consent calendar, one public hearing, and commissioner comments.

Consent Calendar

• Approval of Minutes: The Authority unanimously approved the special meeting minutes of June 17, 2025, and August 25, 2026. (File ID: 2026-01578)

Public Comments & Testimony

• No members of the public signed up to speak on any agenda item.

Discussion Items

• Second Amendment to the Infrastructure Financing Plan and Third Amendment to the Master Funding Agreement (File ID: 2026-01482)
  • Sini Makasini (Senior Development Project Manager, Finance Department) presented the staff report. The proposed second amendment to the Infrastructure Financing Plan makes two minor changes: (1) amends the list of public facilities to be financed by the EIFD, and (2) amends the list of authorized financing methods to allow the EIFD to pay impact fees as a financing method. The City Council approved these same amendments on September 22, 2026.
  • The Authority conducted a public hearing, closed it, and then voted unanimously (3-0, with two members absent) to adopt the resolution approving the second amendment and to authorize the PFA Executive Director to enter into the Third Amendment to the Master Funding Agreement with the University of California, related LLCs, and the City.
  • Vice Chair Guerra emphasized the importance of ongoing public engagement and noted that an annual Aggie Square community meeting is upcoming. Commissioner Jennings echoed the need to keep the community informed and involved throughout the process.

Commissioner Comments-Ideas and Questions

• Vice Chair Guerra raised concerns about parking accessibility at Aggie Square, noting that parking costs can be a barrier, and encouraged exploring solutions. He also expressed appreciation for seeing students on campus tours.
• Commissioner Jennings reiterated the importance of creative public engagement to ensure community voices are heard.
• Leslie Fritzsche (Economic Investment Manager) responded that the Authority holds regular meetings with the SACMA Investment Without Displacement Group (next one in October) and quarterly community meetings (the next potentially on October 21). She noted that the last annual report recorded over 300 community meetings held at Aggie Square, reflecting its role as a community hub. She also acknowledged the parking issue and mentioned that parking validation is often provided for community meetings tied to the Community Benefits and Partnership Agreement.

Key Outcomes

• Approved the Consent Calendar (minutes) unanimously.
• Adopted the Second Amendment to the Infrastructure Financing Plan and authorized the Third Amendment to the Master Funding Agreement for the Aggie Square Project (unanimous vote, 3-0).
• No further actions or referrals.