Okay. We call this meeting today of the Sacramento City Council. Please call the

roll. Thank you. Councilmember Kaplan. Here. Councilmember Dickinson. Here. Vice

Mayor Talamantes. Here. Councilmember Fleckybaum. Here. Councilmember Maple. Here. Mayor Pro Tem

Gera. Here. Councilmember Jennings. Here. Councilmember Vang. Here. And Mayor McCarty. Here. You have a quorum. Okay. Let's please stand for our land

acknowledgement. Please rise for the opening acknowledgments in honor of

Sacramento's indigenous people and tribal lands to the original people of this

land the Nisenan people the southern Maidu Valley and Miwok Plains but when

Wintu peoples the people of the Wilton Rancheria Sacramento's only federally

recognized tribe may we acknowledge and honor the Native people who came before

us and still walk beside us today on these ancestral lands by choosing to

gather together together today in active practice of acknowledgement appreciation

for Sacramento's indigenous peoples history contributions and lives thank you

please remain standing and lead us in the pledge councilmember Cluckybomb.

I pledge allegiance to the flag of the United States of America and to the

Republic for which it stands one nation under God indivisible with liberty and justice for all

the people of the United States of America and to the United States of America and to the

the United States of America.

Okay please begin.

So mayor you have two items on the discussion calendar.

The first is definitive documents for implementation of Sacramento Republic FC preliminary term sheet.

Item two is approving the expansion of the proposed city of Sacramento rail yards enhanced infrastructure

financing district and the amended infrastructure financing plan including the

division of taxes set forth therein and authorizing a judicial validation action.

Are we taking those items separately or together?

Yes we will take them together.

Perfect.

Do we have a staff report?

Yes we do.

Please proceed.

Good afternoon.

Before we start the formal presentations today I'd like to take a moment to reflect on how we got here.

It's no mystery that the rail yard site has been vacant for decades until just recently with major

infrastructure work and vertical development just starting.

However there are some who say we're in a rush with this project to be considered today and things

are moving too fast.

I personally could not disagree more.

And the various plans tell the story of all of the sites starts and stops.

From the Sacramento Central City Community Plan adopted on May 15th 1980 to 2004-2006 during which the city conducted a visioning process for the development of the rail yards area which considered a series of public workshops to generate community input on the redevelopment of the rail yards area.

Over the years of collecting feedback we've heard the community has asked for development that would transform the rail yards from an underutilized and environmentally contaminated industrial site into a transit oriented attractive and nationally renowned mixed use urban environment.

No small ask.

And what will the project being considered today do?

Let me tell you.

Our community has asked us to integrate and connect the rail yards area into the fabric of Sacramento's central city and downtown office retail tourism residential and government centers as well as old Sacramento the river district area and the adjacent alkali flat neighborhood using pedestrian and bicycle connections roadways and public transportation routes.

Check.

Check.

Community asked us to create a dynamic 24-hour mixed use urban environment that provides a range of complementary uses including cultural, office, hospitality, sports and entertainment, retail, health care, educational and open space and a mixture of housing products including affordable housing.

Check.

Community asked us to capitalize on the historic central shops building as a heritage tourism draw and as an inspiration for a mix of the city.

So we pray for it to

Check.

Fast forward to 2016 and council approval of a rail yards EIFD to fund infrastructure for development.

Fast forward again, I call this getting in the time machine, to November 2024 to the approval of the preliminary term sheet.

The collective we, staff, council, and various development partners over time have been running a marathon, passing the baton for over 45 years to get to this point.

It takes persistence, creativity, and flexibility to get hard things done.

And the proposal before you this afternoon reflects just that.

It also takes trust.

The trust of you, council, and prior councils who had the vision and persistence to reimagine what the rail yards could be.

And of our development partners today, who are ready and willing to put millions into making this vision a reality.

While hundreds of millions of dollars have been invested in backbone infrastructure and remediation over the years, we remain challenged by the fact that a large public infrastructure burden remains for the site to continue to be developed.

This is infrastructure that we, the city, must provide but are currently unable to afford.

Given this reality, it is our development partners, Wilton Rancheria and DRV, to you I say thank you.

Thank you for providing us with the means to move forward.

It is a fact that our partners are carrying the risk with our upfront funding of infrastructure that will allow for the development in the rail yards we've dreamt of for years.

Without this investment, as approved by council in 2024 in the preliminary term sheet framework, we would expect a significantly slower pace of development, consistent with what we've witnessed over the last few decades.

Furthermore, it is quite possible that these catalytic projects might not happen anytime in the near term, if at all.

In the absence of redevelopment agencies, the rail yards is exactly the type of catalytic project the state envisioned for utilization of an EIFD.

Some may call it textbook to fund infrastructure improvements, land assembly, housing, and other projects in what would have been a redevelopment area.

This is, as Council Member Dickinson suggested at the opening of our budget hearings in May, a representation of a significant step in our efforts to grow our local economy.

Finally, I would be remiss for not acknowledging all of the hard work that has happened since November to bring this package to you today.

It was a heavy lift indeed.

Thank you to the teams from the Wilton Rancheria, Indomitable, DRV, and our city team.

Mike Jasso, Marco Gonzalez, and Leslie Fritchie from our Office of Innovation and Economic Development.

Eric Frederick from Infrastructure Finance.

And Mike Sparks, Jeff Massey, and Matt Ruyak from our city attorney's office, who have worked so diligently, along with the other teams, to dot the I's and cross the T's to be here today.

And at this point, I'd like to turn it over to Marco Gonzalez and our development partners to share the details.

Thank you.

Thank you, City Manager.

Waiting for the slides here.

Perfect.

Thank you.

Mayor, City Manager, members of the Council, Marco Gonzalez, City Manager's Office of Innovation and Economic Development.

Not to make this all about me, but I'm a Sacramentan born and raised, and I love the rail yards, and so this is just such a big day for the city.

So just wanted to acknowledge that.

Today, we're going to be going over background on the rail yards project.

We'll provide an overview of the resolution staff is recommending council to approve that would implement the 2024 term sheet.

You'll receive an overview of the EIFD tool in the fiscal impact analysis.

Then we'll finish with our development partners, DRV and Indomitable, for overviews of rail yards wide and stadium development.

So timeline.

As the City Manager, Interim City Manager mentioned, the rail yards has been in the works for many years.

Efforts to develop the rail yards go back decades from the 90s when Roma Design and Southern Pacific partnered on the reuse of the site to the 2000s when Millennia Associates and Thomas Enterprises took their shot at planning and development of the rail yards, or the former rail yard.

Then in 2016, the latest plan to redevelop the site was approved by City Council, and it not only included a mixed income housing strategy for, to ensure a diverse range of housing options, including affordable, flexible zoning to create mixed use and transit oriented projects like the AJ.

But it also centered around big catalytic projects in the Kaiser Hospital, the soccer stadium, and rehabilitation of the historic central shops in Sacramento Valley Station.

Since then, lots of ground work was laid in the form of remediation and backbone infrastructure development.

The soccer project had a few setbacks, and it seemed as though it was destined for the same starts and stops as the rest of the rail yards.

However, at the end of 2024, the Wilton Rancheria emerged as lead investors to construct a 12,000 attendee soccer stadium for the Sac Republic in the rail yards.

In November of 2024, City Council unanimously approved a term sheet that included not only soccer, but plans to rehabilitate the historic central shops, the historic Sacramento Valley Station, and catalyzed development of the rest of the site.

Today, before Council are the final steps to implement the term sheet and for the projects to be under construction in earnest.

The primary deal points of the 24 term sheet included a commitment to expand the EIFD.

EPS will give an overview with more details on what that entails.

To waive reimbursement for city services on Republic match days up to $300,000 annually for 10 years adjusted for inflation.

Digital signage, which includes assigned district and off-site digital billboards.

And purchase of two parcels to build out the SVS consistent with the area plan approved by Council for $14 million, which will be reimbursed via the EIFD.

So going to economic impacts.

Economic impacts of implementing the term sheet include attracting private investment, so over $325 million,

anticipated for the stadium and central shops phase one alone.

Job creation with over $13,500 direct on-site jobs anticipated.

Indomitable has also committed via the comprehensive project agreement to work with the city to develop regional business and employment goals and programs.

And the benefit that is added of reconnecting our downtown with new multimodal facilities and open spaces.

In the last few years, the rail yards has seen significant progress in both infrastructure development and the first few vertical projects coming out of the ground.

However, a significant infrastructure burden still remains with few resources to fund that infrastructure.

We estimate over $200 million of facilities left to construct.

By approving an expanded EIFD, we can build off of the momentum gained from various state grants to incentivize our private development partners to front the funds necessary to complete the site for development opportunities.

Layer on projects that have already been opened or under construction.

Housing that is being developed on the site.

As a response to both the mixed income housing strategy adopted by council in 2016 and HCD grant requirements,

over 44% of the housing units constructed on-site today are affordable.

In addition, projections in the infrastructure financing plan predict the EIFD is anticipated to generate $133 million nominally for citywide affordable housing construction.

Further layering on the term sheet projects that are part of the 24 term sheet,

which likely do not happen without the framework the term sheet lays out,

and we begin to see the catalytic effect to bring the 2016 plan to fruition.

So next steps.

Staff is recommending council to approve two resolutions related to implementation of the 2024 term sheet.

The first, execution of definitive documents.

The second is expansion of the EIFD.

If council approves the EIFD infrastructure financing plan and master funding agreement,

which fleshes out how the parties participate in the EIFD tax increment,

both would continue on to the public finance authority for consideration.

And if approved, the deal will be finalized by both the stadium project.

Let me take a step back here.

The deal will be finalized in both the stadium project and phase one of the historic central shops rehabilitation

will be underway later this year for targeted 2027 openings.

Next, you'll hear from Jamie Gomes with EPS.

Jamie will give an overview of the EIFD in the fiscal impact analysis.

As a reminder, EIFDs were created for redevelopment projects just like the rail yards.

It will allow the city to attract private funds for infrastructure construction

with our private development partners carrying the risk

if development occurs more slowly than anticipated.

In addition, the anticipated economic impacts of catalyzing the rail yards are significant

with an anticipated $4.4 billion in annual economic output generated

and $49 million general plan surplus anticipated over the life of the EIFD.

And with that, I will bring up Jamie.

Good afternoon, Mr. Mayor, members of the City Council, City Manager.

Jamie Gomes with Economic and Planning Systems.

And I want to acknowledge my colleague and teammate and primary analyst on the project,

Myles Cressy, who's here with me in the audience as well.

And on behalf of the City, EPS has prepared the infrastructure financing plan.

And the primary purpose of my presentation is to provide an overview of the infrastructure financing plan,

which is a part of the proposed EIFD amendment.

The key purpose of the infrastructure financing plan, key purposes are to expand the boundaries and to rename the EIFD.

And in the course of that, we are creating two separate project areas within the EIFD.

The amendment also accommodates the addition of additional eligible infrastructure and public facilities

that can be financed by EIFD revenues.

The financing strategy in the document has been updated that now aligns with the term sheet that's been referenced

and the master funding agreement that you'll be considering today.

And then, of course, the document is compliant with the statutorily required elements

that an infrastructure financing plan must include.

The financing plan is reflective of current EIFD law and includes several elements.

The proposed amendment and estimated development timeline is described.

The document identifies proposed land uses within the EIFD boundaries, which, as you know, is expanded or proposed to be expanded.

The document estimates tax increment revenues and outlines how those revenues will be used to reimburse various entities

who have advanced funded public infrastructure or land acquisition.

The document describes the plan for how the facilities may be financed

and estimates the fiscal impacts of the project on the city considering EIFD formation.

It's important to note that establishing or amending an EIFD does not create nor does it constitute a new tax.

Rather, an EIFD is leveraging the incremental property tax that would be created once new development occurs

and new assessed value is added to the property tax rules.

So I just want to emphasize, not a new tax, it's leveraging incremental property tax revenues.

And this new development upon which those assessed values are based would not occur otherwise,

as referenced by the city manager, but for the investment of the EIFD dollars to catalyze that subsequent private investment.

And then finally, as depicted on this image, tax increment revenues do take a number of years to accumulate.

There are a number of years where site development must occur and then vertical development occurs.

Then the value hits the roll.

So in this case, as referenced by the city manager, private parties or advanced funding infrastructure

that are then being partially reimbursed by EIFD revenues.

The financing plan categorizes these eligible public facilities and costs into three general categories.

We have developer-led facilities, again, that are privately advanced and funded.

We have city-eligible facilities, such as land acquisition,

and the investment in affordable housing.

The tax increment revenue forecast includes several important assumptions

that inform which monies are anticipated to go into the EIFD

and be available to invest in infrastructure,

and which monies will be retained by the city to help fund ongoing city services.

These assumptions include two different base years,

because we have two project areas,

one of which was formed back in 2019,

that has a different base year than the current new project area

that would be a part of this amendment.

The estimated assessed values reflect proposed development

as provided by the developers,

and then once that development is online,

it assumes that that will increase 2% per year over time.

100% of the property tax and the real property tax trust fund revenues

are assumed to be available to the EIFD.

The two project areas do overlap the former rail yards redevelopment project area,

and that's why you see a portion of the RPTTF revenues being contributed.

The city is not contributing any property tax in lieu of vehicle license fee revenues to the EIFD.

Those will instead be retained by the city.

Plus, the city is also retaining existing funding that is going into the Innovation and Growth Fund,

as well as pass-through revenues the city already receives from the former redevelopment project area.

The EIFD revenues separately track revenues from each of the separate project areas,

and the flow of funds aligns with the term sheet and the master funding agreement.

And at the public financing authority's discretion,

EIFD revenues can be used to fund tax-exempt bonds

that are issued through the public financing authority.

It can be used to fund debt service through another city debt instrument

or a mental risk community facilities district, for example.

And lastly, the revenues can be used to fund improvements on a pay-as-you-go basis.

As noted, the IFP provides an estimate of tax increment revenues expected to be available to the EIFD,

and this slide is depicting the annual revenues on a year-by-year basis.

This is for both project areas combined.

And as you can see, in the early years, as we had noted,

it takes a while for vertical development to transpire

and for the assessed values to grow and thereby create additional tax increment revenue.

So in the later years, you can see as those assessed values grow and compound over time,

there's much more revenue coming into the EIFD.

The financing plan is required to include a fiscal impact analysis

to estimate the cost to the city of providing public facilities and services

within the EIFD boundaries.

The fiscal impact analysis compares revenues that are anticipated to come in from new development

with the cost to the city of providing new services to project residents, employees, and visitors.

On the left side of this slide are the inputs to the fiscal impact analysis,

which include the land uses, existing city service levels, and the city's operating budget.

And then, of course, the revenues are considering that property tax increment revenue

is being proposed to be dedicated to the EIFD.

And then on the expenditure side, it accounts for the incremental cost to the city

to provide services to new residents, employees, and visitors within the rail yards project.

The fiscal impact analysis and the analysis of cost to provide facilities and services

within the EIFD boundaries must examine these items both during development and at project build-out.

So, in other words, there's two time periods within which we're looking at these fiscal impacts to the city.

During the initial development phase, which is projected to be approximately through 2033,

the city's estimated to experience average annual deficits of approximately $580,000 per year.

The deficits in these early years are due in part to many of the early rail yards projects

that either have or are anticipated to have a tax-exempt status.

Those projects include things such as the Kaiser Hospital,

the Wong Center, which is a 100% affordable housing project, which is occupied.

The new county courthouse would also be tax-exempt,

as well as a portion of the AJ Housing Project,

which is a mixed residential project that just opened in May.

After 2033 and at full project build-out,

the city's expected to experience fiscal surpluses

with the surplus anticipated to be $1.4 million annually by 2040.

So, over the lifetime of the EIFD that you are considering,

between 2025 and 2075,

the cumulative surpluses to the city in 2024 dollars

are about $49.3 million.

If one were to take the revenue stream over that 70, 50 years

and discount it back to today's dollars,

it's approximately $34.3 million.

As Marco alluded to, EPS also prepared an economic impact analysis for the project,

which examines the project's impact on the economy of the region.

So, this expands the lens a little bit

and not only looks singularly at the city of Sacramento,

but the Sacramento County as a whole and the region.

The economic impact analysis, among other measures,

estimates total jobs, total annual wage income,

and total economic output of the project.

Plus, new, sorry, the direct economic activity in rail yards

will generate additional indirect and induced effects

in the surrounding region

through business-to-business activities and spending.

In addition, the new employees who work within the project

and the residents who live within the project

will also generate additional induced economic activity

through their spending.

So, when looking at the project in total,

the results of the economic impact analysis

indicate approximately 24,000 total jobs,

and that's the number that Marco provided

plus the indirect and induced jobs.

And this number of jobs, 24,000 jobs,

equates to $2.1 billion in total annual wage income.

So, very significant economic impacts.

And with that, I'll turn it over to Denton Kelly for DRV

to carry out.

Thank you, City Council.

Thank you, Mayor.

Thank you, Laney, for hearing this matter

you have here before you today to consider.

First, I'd like to thank your staff.

I have to be honest, when there were some dates set

maybe a month or two ago,

we kind of rolled our eyes a little bit,

grumbled, and was like,

this may not be possible.

But, you know, just staff's credit, they did it.

And in a time frame that we initially

didn't think was possible.

So, you know, great job, Marco and team

and Leslie and Michael.

So, thank you.

I'd also like to thank my team

for all the support they've done

and the heavy lift of all the execution of this

and all the negotiation.

I'd love to thank Kevin Nagel

and Todd of Sac Republic,

Jesus and Chris and the entire

Wilton tribe that's here with us today.

They'll be the majority owners.

So, 1922.

That's almost 100 years ago.

It's over 100 years ago.

So, this was and is

the western terminus

for the Transcontinental Railroad.

This is one of the most historically

significant sites in our state.

And it's one of the most significant

in our country.

It's a history that was made

by industrial visionaries

and made possible by labor's grit.

It was forged into

an indomitable community

that we call

the rail yards.

World-class cities

have world-class downtowns.

We all know this.

And in order to have

world-class downtowns,

we have to have

bold decisions

that enable

iconic destinations.

And that's what we have

before you today

to consider.

Our two wonderful

iconic destinations

that will forever be

a watershed event

for this city

in the central shops

and in the Sac Republic

soccer stadium.

Imagine a few years

from now

when these projects

are complete.

A parent,

a grandparent

will go to Kaiser,

meet their newborn,

new child,

grandchild.

Imagine,

Kevin,

you,

any of you council members,

you take your family,

you go with friends,

you go to a soccer game,

no time left,

penalty kick.

Your kid's inspired

to pursue a passion

of soccer

from that moment on.

Imagine you're

taking your teens

to a concert

in the new paint shop

for a band

you've never even heard of,

but you're still happy

about it

because they're going

to have a wonderful experience.

Imagine having dinner,

drinks,

sitting out,

Delta Breeze.

It's a spring,

it's a summer evening.

People are gathering

in line for a concert.

People are coming

from the hospital

to grab dinner.

These are all things

that we imagine today,

but what I suggest

is we stop imagining

and we start building,

and that is exactly

what this EIFD enables.

It's been a fallow

for over 30 years.

I believe Laney said

45 years.

We've been involved

in the project

as the developer

for 10 years.

We've had Kevin Nagel

and his team

pursuing soccer

in a stadium

for eight years,

and for the community,

it's been too many years.

so let's build

and let's make this happen

today.

I would just like

to conclude

that we do have

two wonderful projects

that are going

to celebrate

our city's history,

a unique history,

a history that is unique

to only Sacramento,

and it's our indomitable future,

and we appreciate

your support

on this important project

for Sacramento

and the region.

Thank you very much.

Good afternoon,

Mayor,

Vice Mayor,

members of the Council.

My name's Josh Leachman

with Downtown Railroad Venture.

Most days,

I go to work

sitting in a construction trailer

right next to these

old buildings.

I step out

and I'm reminded daily

how challenging

these types

of projects are.

Yet,

I'm also reminded

with the cooperation,

the coordination

with the city,

the partnerships

between private

and public

that we can realize

that vision

and so we can look forward

and experience

what you see

on the screen today.

The Railyard ZIFD

initiative

and regional benefits.

We're going to begin

with 30 acres

of open space

focused

on creating

recreational

and community engagement

for Sacramento citizens.

Transit connectivity

linking residents,

visitors

to transit hub,

employment hubs,

retail corridors.

In fact,

we're building

a light rail station

right now

that will deliver

excited fans

to the doorstep

of this new stadium.

Circulation,

connecting a street grid,

connecting Natomas,

connecting the river district,

connecting West Sacramento

through a new

I Street bridge,

all possible.

But you need places

like the central shops,

the soccer stadium,

these activated uses.

You need safer streets

and corridors

to make it

so somebody wants

to live downtown

and allow for

a diversity

of housing opportunities.

This redevelopment

supports economic anchors

not only in the rail yards

but the river district

in downtown Sacramento.

Collectively,

this area will rise.

everybody enjoys

everybody enjoys

those iconic

brick buildings.

You walk in that space

and it's very memorable.

This plan creates

an urban,

mixed-use,

transit-oriented

development

that preserves

cultural

and historic preservation.

Looking at the

rail yards'

open space,

we see five acres

of riverfront

parks

connecting through

a series of parks

in a large regional park,

anchoring on the east

to a new stadium,

all of which

is pedestrian

and bicycle-friendly.

We look at the progress

to date

which we've touched on.

A significant amount

of time and resources

have gone into

the infrastructure.

The decision

before you today

will add new,

safe,

pedestrian

and vehicular

connections.

Just look at

North B,

already a challenging

area.

Imagine a safer

condition on that

northern boundary

between these two

projects.

And then all

the land uses

this enables,

tying together

a fragmented area

from River District,

West Sacramento,

and downtown.

It all makes

possible living

at the rail yards.

Our first

residential project,

the AJ,

mixed income

project,

345 units,

69 of which

are affordable.

You can just

imagine the

Republic Battalion

walking on the

off-street,

marching,

you will,

on the off-street

bike trail

around the AJ

going east

to the Sacramento

Stadium.

And then you have

the Wong Center,

150 senior

affordable housing units,

a tremendous

partnership with

mutual housing,

the Wong family,

support from the

City of Sacramento,

SHRA,

and DRV.

And then you

look at the

telegrapher,

the next phase

of residential,

a dynamic neighbor

to the AJ.

And then you

have working

opportunities anchored

in the south

with a new county

courthouse,

18 stories,

53 new courtrooms,

soon to open

by the end of the year.

And then we have

the foundry,

300,000 square feet,

mixed-use office,

just ready and waiting

to capitalize

on all this momentum.

Wellness at the

rail yards,

Kaiser Permanente,

starting construction,

a wonderful moment

for the rail yards

this region,

an economic generator,

a job generator,

providing stability

and health access

for the greater

Sacramento region.

And then

entertainment

at the rail yards.

As Denton

mentioned,

this was once

an area of artisan

and craftsmen

taking care of

rail cars

produced by

Southern Pacific.

Now imagine

a central shops

plaza

providing the entry

gateway

to Sac Valley Station,

establishing transit

early,

anchored by

modern entertainment,

retail,

and restaurants.

Which brings us

today

this pivotal

decision point.

And as our good

friends over

at the Sacramento

Railroad Museum

say,

it's all aboard,

next stop ahead.

Thank you.

Thank you.

Thank you.

Mayor McCarty,

City Manager,

esteemed members

of the City Council,

thank you for your

time today.

I stand here

really incredibly proud.

Twelve years ago

we've been working

on this actually.

Twelve years

we've been met

with hurdle

after hurdle,

bump after bump,

challenge after challenge.

But one thing

anyone who has spent

any time in the city

knows,

if one path

gets cut off

we find another

or create another.

The vote this afternoon

and the subsequent

development

that will come

from this vote

is the culmination

of a lot of hard work

by a lot of different people.

This was not

a single issue goal.

This was a project

we wanted to make sure

benefited every and all.

A project

we could all stand

and be proud of

for many years to come.

The landscape of this city

has changed so much

over the last 12 years

and now that change

will continue

to go at full speed.

The economic plan

speaks for itself,

injecting billions

of dollars

into the economy,

creating an incredible

number of well-paying jobs,

jobs of which many

may be unionized.

This economic plan

continues to elevate

Sacramento

into a very desirable

place to live

among the nation's

largest cities.

Though today

is a celebration

of ingenuity

and extreme focus,

we would not be here

if it were not

for so many talented people

who are in this room.

First off,

our former mayor

Daryl Steinberg

and his version

of his city council.

We just flat out

wouldn't have been able

to get this far

without their vision

and patience.

No one loves this city

more than Daryl.

This journey

was much more

a relay

as much of a marathon

and every good runner

needs a teammate

to help run

the baton of progress.

Chairman Jesus Tarango,

Chris Franklin,

and your councils,

thank you very much.

Thank you for sharing

the vision

and bringing

an entire new set

of eyes to augment

and prove

what we had in front of us.

I look forward

to working together

over the next few years

improving our city

even more than

we already have.

The president

of Sacramento Republic,

Todd Dunavant.

As a former player,

Todd more than understands

the feelings

of success and failure.

Todd has worked

diligently through

the process

and his blood pressure

was likely to be

in a better place

now before when we began.

Todd, well done.

Michael Thomas.

Michael Thomas

has been there for me

everywhere on every

single project

that I've done.

Vision needs focus.

Without it,

an ideal is only just that.

Michael,

thank you for all

your hard work

and determination.

Michael has really

been my secret weapon,

so take a bow.

And lastly,

I'd like to thank

the supporters

of the city of Sacramento

and the surrounding areas.

You welcomed me

with open arms

decades ago

and I've been in love

with you from the start.

Thank you for letting me

do my part

to give back

to the best of my ability

that you've,

and hopefully

that I can give you

the best that I really can.

Thank you.

Thank you.

Kuchika Lupa.

I'm the great,

great,

great grandson

of Alec Blue,

the great,

great grandson

of Annie McKean Blue,

the great grandson

of Irene McKean Daniels,

the grandson

of Alvin Daniels,

and the son

of Mary Tarango.

And I want to open up

that way

so that the people here

and the people watching

understand

Wilt Rancheria

is not a business.

We're a people.

We have ties to this land

and we all come

from someplace.

I just want everybody

to be mindful of that.

Mayor McCarty,

esteemed members

of City Council,

thank you.

Thank you for your time today.

On behalf of Wilt Rancheria,

I want to say

Tongue Como

to the city

and its staff,

Republic FC,

Kevin Nagel,

Todd Dunavant,

to my people,

our Vice Chairwoman

Raquel Williams,

our esteemed

Tribal Council members

that are all here

today present,

and the citizens

of my great nation,

and also my cousin

Chris Franklin,

who's our COO

and mastermind

behind everything

that we're doing today.

This has been

a monumental week

for Wilt Rancheria.

On Sunday,

we celebrated 16 years

since the restoration

of our federal recognition.

Yesterday,

we raised tribal flags

at Sky River

on a land

that was once

taken from us,

and now that we have

reclaimed as sovereign,

and today we carry

that momentum forward.

Our people have called

the Sacramento Valley

home since time memorial.

While the rail yards

hold deep meaning

for Sacramento

and many stakeholders,

they hold something

different for us.

It was the railroads

that fueled westward

expansion,

and with it,

the displacement

and extermination

of the native people.

To now be in a position

to reclaim that land,

not just our ancestral

homelands,

but a site that represents

a painful chapter

of our history,

it is an honor.

We have endured

unspeakable atrocities,

forced removal

from these lands,

attempted genocide,

and a systematic erasure

of our identity.

But we are still here,

returning for what

was taken from us.

We cannot be defeated.

And in many ways,

that spirit lives

in Sacramento, too.

A city that endures,

a city that reinvents,

and a city that refuses

to yield.

The stadium development

in the rail yards

will transform downtown,

nearly doubling

its current footprint.

And as you've heard

from our partners

and community

about the job benefits

and positive economic

impacts and opportunities,

this would be great

for our region.

But what I want you

to take away from this

is that we are not developers.

Wilton Rancheria

is not developers.

We are not tenants.

We are the stewards

of this land.

Before contact,

the rivers used

to provide for our people

and carry our people.

And here between the rivers,

this was a gathering place.

And today we have the opportunity

to reclaim that legacy

by creating a modern

gathering place

that honors our past

and brings people together

once again.

I want to close

by reflecting

on the commitment

that we made

back in November.

A promise to this land,

a promise to the city

of Sacramento,

and to building something

meaningful here.

And while this journey

has not been

without its challenges,

let me tell you,

it has not.

Today is a fulfillment

of that promise.

We are more than

the history of this region.

We are here to stay.

We are its future.

And we are indomitable.

Donnie Koma.

Oh.

You don't want to be

the one following that,

but I got that short straw today.

I, you know,

I have so much gratitude

for today

to all of you,

to our ownership,

to Kevin Nagel,

who has held the torch

for so long

for this community,

to Wilton Rancheria,

to Chairman Tarango,

to Chris Franklin,

to the tribal council,

Lorenzo Hines.

I mean,

the visionaries behind this,

the support that we've gotten

from you,

we are so blessed

and so thankful for you.

To Michael Thomas

and Jeff Kohler,

unsung heroes on our side.

There is a mountain

of documents

that got us here

over the last six months

and longer,

and they were,

they were the minds

behind that.

Kevin Smith

and Rob Hedrick,

our workhorses

on the stadium project,

getting this done

every single day

with the city team,

with our construction team.

It's phenomenal.

Our executive team,

so lucky to have

the best in the business,

Scott Moak,

John Jacobs,

Dustin Vacari,

Ben Mayberry,

and Sarah Schubert

leading our club

every single day.

So thankful

for all of you.

To our larger staff,

our head coach,

Neil Collins,

who might have

not gotten in.

I don't know,

there's a big crowd

out there.

And our entire

technical staff,

Connor Sutton,

Andre Grace,

and our former president,

Ben Gumpert,

who is here.

Thank you, Ben.

To our stadium team,

Machete,

Manica,

HRA,

Elevate,

Turner,

that'll be announced

tomorrow,

but so thankful

to all of you

for what we're about

to do

and what we're about

to embark on.

To DRV,

Denton,

Jay,

Josh,

and Frank,

thank you for your

partnership.

To the city staff,

you know,

Laney,

Michael,

Leslie,

Marco,

thank you for all

the work.

To our great mayors,

to Mayor Steinberg

and now to Mayor McCarty

for your vision,

your leadership,

to the city council,

to all of you,

you know,

this has been a lot of work.

It has been great

to work with you on this,

to go through everything,

to get your feedback

and input,

and, you know,

all of the countless

former staff

that has been part of this.

This has been

long in the works

and so now

to be where we are,

we are all working

off of the backs

of those who came before us

and there's a lot of staff

that have been part of this.

To our indomitable partners

who are here today,

our originals,

UC Davis Health

and Atlas,

and lastly,

they are so patient today,

to our fans,

make some noise,

you guys,

you are so good.

Thank you.

We have the best

in the business

and I can't believe

they stayed quiet that long.

So,

all right,

wanted to go through

a few things.

You know,

we've talked a lot

about our stadium.

It's going to be

12,000 seats to start

but that is expandable.

I think that is one

of the coolest parts

about it.

We have the ability

to let this stadium grow.

This is our forever stadium

and whatever those needs are,

we are up for that challenge

and up for that growth.

It is exciting.

Sacramento has big ambitions.

So does the club

and we're ready

to hit on that

when the time comes.

You know,

the fan experience,

this is going to be

completely reimagined.

We've all been

to Heart Health Park.

It is a first

in our league

type stadium

and we are going

to take it

to an entirely new level.

It is going to be

so exciting

what we can do

in our new stadium

and we can't wait

to celebrate

with everyone there.

And it's not just

going to be a soccer stadium.

It's going to be

an entertainment destination

where we are going

to be able to host

all kinds of community events,

concerts,

all types of fun things.

So not just the stadium

but also,

you know,

that is the anchor

for our redevelopment

but also sports

and entertainment district.

This is something

that is our long-term vision,

ownership's long-term vision

is to not just have a stadium

but literally build

a neighborhood

surrounding the stadium

so that it is

a unique attribute

that we are genuinely

embedded in the community

and with that

comes housing

which is,

as we all know,

in California

and the downtown core

a desperate need,

regular housing,

market rate housing

and also affordable housing.

So we've talked about it.

We heard,

you know,

from the earlier presentation

about the economics

but really wanted

to address it.

I mean,

there's no downside here

for the city of Sacramento.

The risk is on the team,

on the,

you know,

on DRV

ultimately to put up

the money

for the city infrastructure,

city roads,

city streets,

city sewers,

you know,

so there will be

no negative impact

on the city budget.

That is something

that you are all

going to have

a meeting on

this afternoon

or this evening

that,

you know,

I don't envy you on.

Your vote here

doesn't impact that.

That is the good news

and in the future

as we know,

this is growing the pie

is a good thing

for Sacramento

and this is going

to do that

in a major,

major way.

Huge numbers.

$4.4 billion

in economic activity,

24,000 jobs

and over $2 billion

in annual wages.

Mind-boggling numbers.

This is what we do best.

We're good on the field.

We do a lot

in the stadium

but what we do best

has always been

outside of the stadium

in our community.

This is where we thrive.

This is why we were honored,

you know,

to be the corporate champion

for Sacramento

in terms of what we do

in the community.

There's nobody better

than Scott Moak at this.

He leads our community team

and we are so proud

of what this new stadium

is going to

and the opportunities

it's going to provide

for that.

So what's next?

First, we're asking

for your unanimous support today.

This has been

a long time coming.

We have all worked

so hard together

to get to this point

and a positive vote here

is quickly leading

to groundbreaking this summer

and ultimately

to deliver Sacramento

the stadium

that it deserves

and that we all

have been working for

for a very, very long time.

Thank you.

Thank you.

Woo!

Go SAC!

So with that,

staff recommends

council passing

two resolutions.

So there's one resolution

that's related

to execution

of the definitive documents

to implement

the 24 term sheet

and another resolution

related to expansion

of the EIFT.

With that,

that concludes our presentation

and we'll open it up

to any questions

that anyone has.

We'll get to questions

and comments

from the mayor and council

after public comment.

We have roughly 50 speakers.

We're asking the...

50?

Yeah.

We're asking you

to keep your comments

to two minutes

or less

and if you can,

keep it to roughly a minute

then we can get on

with the deliberations

and get that positive vote

that many of you

are looking for.

So with that,

let's call our public speakers.

I'd like to call

our first public speaker,

an individual

that doesn't need

a lot of introduction

but worked hard on this

for many years

leading our city of Sacramento,

Mayor Daryl Steinberg.

Thank you.

What a great honor

to be here,

Mr. Mayor

and members of the city council

and city staff.

I want to begin

by thanking you

and the council

and the staff

for carrying the torch

and for your strong

and steadfast leadership

over these last months.

As you know,

I was the mayor

who had the privilege

to help lead the effort

with many of you

last fall

to put this

five-party agreement together.

It was give and take

as anything important

to be accomplished

always requires.

It was especially important

and with humility impressive

because our lead investors,

the Wilton Rancheria,

our friends reclaiming

their ancestral lands

had and have

other location choices

to build both the stadium

and another downtown

entertainment district housing

all amounting

as the staff indicates

to hundreds of millions

of dollars of investment.

They had the choice

to locate

in several worthy communities

and they chose Sacramento.

After decades of working

and hoping

that the historic rail yards

would realize

its incredible potential,

now is the time

once again

like last November

to say yes

without conditions

or amendments.

Every project stands

on its own unique geography,

community,

and circumstances.

In the case of the rail yards,

with the exception

of some beginning development,

there is no neighborhood

at risk of displacement

or pricing people out.

And with the exception

of the EIFD,

which is an appropriate

and I would argue

essential investment tool

for city infrastructure,

this project

is being entirely financed

by a tribal nation

that sees the rail yards

sacred

and historic past

and its dynamic future.

This is a generational opportunity

and decision

for Sacramento.

The people of our city

deserve more opportunity,

more vitality,

more destination,

and more fun.

And I strongly urge

an aye vote.

Thank you very much.

Thank you.

Thank you.

Well done, Mayor Steinberg.

I was looking forward

to cutting you off

at two minutes.

Our next speaker

is Jazz Deep Uppal.

Jazz Deep Uppal.

Carrie Miskit.

Carrie's in the lobby

if someone can let Carrie in.

And I'm going to call

a few names.

Feel free to line up

in the aisle.

Following Carrie

is Ernesto Delgado,

then Bobby Singh Allen.

Mayor and Steve,

members of the city council,

thank you for allowing us

an opportunity

to make comments on this.

I'm here representing

Crown Downtown.

We support the implementation

of Sacramento Republic

and the FC preliminary term sheet.

For over three decades,

the Sacramento Rail Yard

has stayed empty.

We have a great partner

with the Wilton Rancheria

and want to invest in the city,

who want to invest

in the city of Sacramento.

The development

of a new soccer pitch

and entertainment facility

and surrounding enhanced

infrastructure financing district

is a positive for Sacramento

and the seven surrounding

county mega region

that we have.

This is going to bring

permanent jobs

and a much needed progress

and long previously neglected

area of city of Sacramento.

The city will not be subsidizing

this construction

of the soccer stadium,

but will be a good partner

in helping the infrastructure

and rebates.

This is a great opportunity

for Sacramento.

This is a golden one center was.

This is an easy yes vote.

This is bigger than soccer.

Full speed ahead.

Thank you, everybody.

Carrie Miskit.

Following Carrie is Ernesto.

Then Mayor Bobby Singh Allen.

Good afternoon.

My name is Carrie Miskit.

I'm the COO of Visit Sacramento

speaking on behalf

of the Rail Yard Stadium.

As all of you know,

tourism has become

an increasingly important part

of our regional economy

with those visitors

supporting our local businesses

and their employees.

Sports and outdoor events

have become central

to Sacramento's ability

to attract tourists

and the stadium project

would open new doors

in that area.

Fans would be coming

from across the region

and well beyond

bringing in those valuable

tourism resources

to our local businesses,

to our government partners,

and of course,

bring in some fun

and excitement

for our residents to enjoy.

And moreover,

that stadium could attract

new festivals and events

that could bring

even more tourism

to the region.

So we urge you

to support this project

with Sacramento's future

in mind.

Thanks for your time.

Thank you.

Ernesto Delgado,

Mayor Bobby Singh Allen,

Michael Ault.

Come on, Michael.

So Mayor Singh Allen,

and then Michael,

and then Chris Mechanic.

Good afternoon,

Mayor and Council.

My name is Bobby Singh Allen.

I'm the proud mayor

of the city of Elk Grove.

I come before you today

in strong support

for the stadium,

for the soccer stadium

and the rail yards.

I'm also a strong partner

and ally

with the Wilton Rancheria.

I can tell you personally

that they are wonderful partners.

Sacramento

and the entire region

deserves a world-class stadium.

and I can't think

of a better place

than the rail yards.

I encourage you all

to support

this transformative project

and in doing so,

you will be lifting

the ancestral voices

of the tribe.

Thank you again

for your time.

Michael Ault

and Chris Mechanic.

Good evening, Mayor,

members of Council.

Michael Ault

with the Downtown Partnership.

To say this is an exciting day

is an understatement.

The amount of calls

and feedback we've received

at our offices

related to the momentum,

what this would mean

to Sacramento.

The rail yards

is not just a development project.

It's the beginning

of a new era

for Sacramento.

We have seen firsthand

what the economic development impacts

have been

with the Golden One Center

in downtown.

We've seen over $7 billion

of investment

in and around

downtown Sacramento

after the development

of that arena

in 2016.

The rail yards

presents the next generation

of that type

of investment

and with the opportunity

and looking at the EIFD,

the city is positioning itself,

we feel,

for a sustainable,

long-term opportunity

for growth

and sustainability

for us.

You know,

as Chairman Tarango

talked a little bit about,

this doubles the size

of downtown.

There are very few cities

in the U.S.

that have an opportunity

to remake

and double the size

of their central business district.

This is a chance for us

really to think

how we are going

to complement each other.

Later in the year,

we're going to talk

a little bit about investments

on our waterfront,

additional hotels.

We've seen investments

with the convention center.

This really begins

to piece together

the puzzle for us.

You add in families,

activities,

going to these events,

adding new housing,

the hospitality benefit

that this is going to have.

You know,

as Todd talked about

over Business Journal

identified,

this project can generate

almost $4.5 billion

of additional investment

and momentum

for this region.

We are not just recovering,

we are leading

in the way

of economic development.

This is a game changer

for this community.

We appreciate

the council's opportunity

to move this forward

with DRV,

Indomitable,

Wilton Rancheria,

Sac Republic,

Kaiser.

This is making a difference

and will change

the way this city

is perceived

and moves forward.

We urge you

to support this project.

Thank you.

Chris Mechanich.

Following Chris

is Ernesto Delgado,

then Carla Collins.

Good afternoon,

council members.

My name is Chris Mechanich

and I originally

was going to talk

about some of the job

opportunities

and financial aspects,

but you know,

I'm going to forget that.

I'm going to go

for something

a little more important

to me.

Something that's

important to me.

I am a soccer mom.

I am a local Sacramentoan.

I have a fourth generation

Sacramentoan.

I grew up going

to Arco Arena,

going to watch

the Sacramento Knights.

Youth sports

in Sacramento

has been something

that I grew up with.

My parents used

to own a sports bar

and I grew up

loving sports

in Sacramento.

I used to go

to the River Rats

roller hockey

at Cal Expo.

I don't know

if anyone remembers that,

but I've always loved

the spirit of sports

and athletics

here in Sacramento.

I am a proud mother

of a young man

that is an athlete.

He's in competitive sports

in Elk Grove.

My husband and I,

we've been coaches

of his different sports

that he's played

ever since he was

about four years old.

Every year,

we have taken

our soccer teams

to Sac Republic matches

so that those children,

age four,

five,

six,

seven,

eight,

nine,

10,

11,

12,

they are able

to experience

what world-class soccer

is in Sacramento.

We would be able

to watch the kids

on Thursday at practice.

You know,

they're playing one way.

They go to the Sac Republic

match on Saturday night.

The next practice

on Tuesday,

they come back

with a new fire

in their belly.

Professional sports

is needed

in Sacramento.

We need a proper stadium

for that.

We need something

that Sacramento

can be proud of.

And again,

with the location,

as soon as I heard,

I was born and raised

in Elk Grove

in Sacramento,

seeing that

Wilton Rancheria

was coming up

and putting together

the rail yards

brought so much pride

to my growing up

in Sacramento.

Please vote yes

on this.

Thank you.

Ernesto Delgado,

Carla Collins.

Ernesto Delgado,

Carla Collins,

Sharon Anderson,

Dan Branton.

Good afternoon,

everyone.

Thank you for allowing

me to speak.

Ernesto Delgado here,

small business owner,

community leader,

and just a proud

Sacramentan.

I'm here just to say

a few words.

I think I love soccer.

Latinos love soccer.

We all love soccer.

I think we need soccer

for our kids.

We need soccer

for everyone

to just come visit

our downtown.

I think our downtown

really needs

this opportunity.

opportunity.

I know it's always

very budgetary,

but I like to say,

you know,

everyone told me no

when it was,

I hate to compare

a big stadium,

arena,

to La Cosecha,

but everyone told me

no.

It wasn't possible.

There was no funds.

It was not possible.

I didn't have the funds.

City didn't have the funds.

But when you want

to achieve something,

you want something

for your community,

for your city,

I believe we can

make it happen

because I made

La Cosecha happen.

Very different.

I understand.

But we need this

to bring our downtown back.

And I would appreciate

all your votes for it

because it's important to me.

It's important to our community.

It's important to our downtown.

You see,

everyone tells me that

if, you know,

what La Cosecha does

for our plaza,

for our downtown,

I see you all there.

Right?

It's a beautiful amenity

that we,

you,

all of us,

have provided

for our community,

for our citizens.

And it's just

an amazing thing

to walk.

Thank you for your comments.

Your two minutes

is complete.

Our next speaker

is Carla Collins

then Sharon Anderson.

Thank you.

Hello.

Good afternoon.

City Council.

I'm Carla Collins

with MatriScope

Engineering Laboratories,

a construction support

services firm

that's headquartered

in Sacramento

in the River District,

just a mile

from the Ralyard site.

I'm also on the board

for Construction Management

Association of America

as a past president.

And in the nearly 20 years

that I've been

in the construction industry,

I've seen lots of plans

for the Ralyard site.

But this one

with a new soccer

and entertainment center

and stadium

is by far

the most exciting.

So with this,

it's not going to only

connect downtown,

but also where we have

a business

in the River District

making it more safe

and vibrant

and walkable.

I see lots of familiar

faces in the room.

In, what,

2011, 2013,

I stood up here

at this podium

and was part of

the Think Big,

if everybody remembers that,

trying to keep the Kings

in Sacramento

and ultimately build

a new sports

and entertainment center.

And so it's really exciting

to see the vibrance,

the dedication

and the excitement

for what we could do

with the Sac Republic team

and further revitalize

the downtown

and make it a catalyst

for leveling up Sacramento

into the next level.

I want to thank

the City of Sacramento,

the Sac Republic team,

Wilton Rancheria Tribe

for their dedication

for stepping up

and I encourage

a yes vote.

Thank you.

Thank you for your comments.

Sharon Anderson.

One more thing.

There's also

lots of support online

from Crown Downtown

to supporting.

Sharon Anderson

and then Dan Branton.

Hello.

Mayor McCarty

is not there anymore.

Okay.

Hello.

Sharon Anderson.

I am,

as these guys can attest,

I'm probably

the number one fan.

I have a podcast

dedicated to

the whole thing,

whatever,

and I have three other

co-hosts that are

probably listening right now

and laughing at me

because I'm up here.

But I've been a fan.

I've been a worker

at Sac Republic

in the early days.

I helped found

some of the infrastructure

that they have,

including where

they currently train.

So,

way to go,

Sac Republic,

for continuing on

this wonderful journey.

Really appreciate

the Wilton Rancheria

stepping up.

I live in Elk Grove.

I drive to all the games

that are a long ways away.

But I'm fine with that.

We need a proper stadium,

as Chris mentioned earlier.

We need a proper stadium.

It's grown old.

We love our little

pop-up stadium

that we have at Cal Expo,

but the next step is here.

It's before you.

We need to vote yes on that.

Okay.

All right.

I see some people

with the same jersey

I'm wearing.

Thank you, Katie.

So,

just go forward

and I appreciate

your presentations,

all the staff's presentations.

They were fabulous.

They were educational.

Anybody watching online,

you can go back

and reflect through all of that.

It's an amazing opportunity.

We,

in Elk Grove,

we have a phrase,

we dream big.

And this is part

of the city of Sacramento

and the whole region's ability

to dream big

and make this happen.

So,

thank you for your vote.

Thank you.

Thank you.

Thank you.

Thank you.

Thank you.

Dan Branton

and David Baker.

Hello,

council.

Council.

Thanks for the opportunity

to speak.

My name is Dan Branton.

I'm a senior field rep

for the NorCal Carpenters Union.

I'm also a soccer dad

and a season ticket holder

to the Sac Republic.

I just want to say

that the Sac Rail Yards

Soccer Stadium

is a project

that we should build.

I know that we're going

to be looking at budget

later today.

I want to point out

that this is an

economic driver.

The project meets

the goals and objectives

of the EIFD

and I urge

that we avoid politics

and that we get

this thing built.

I want to bring attention

to the tribe

and Sac Republic

to their commitment

to building this union.

That means careers,

not just jobs.

We're talking medical,

retirement,

apprenticeship,

really construction workers

putting food on the table.

Turner Construction

is set to build this

and they're one

of the best of the best.

You look at the legacy

of projects that they've had,

that's the resource building,

the Golden One Center,

the Concourse Terminal B,

the Capitol Annex,

and on and on and on.

They are a top tier contractor

that's going to do

really well for us.

Not building this

is really a missed opportunity

for the city,

for our community,

and the working class

in all fields.

Sacramento is a place

where all these freeways

converge

and this is our opportunity

to kind of take ourselves

to the next level

and become an economic destination.

I urge approval

of the construction

of this project

and thank you guys

for your time.

Thank you.

Thank you.

Dr. David Baker,

then we've got some folks

outside that'll be coming in.

Okay.

Thank you, Vice Mayor,

and nice to see you again

and council members.

I really appreciate

the chance to talk about this.

I'm CEO, David Baker,

of the Sacramento Children's Home.

We're sitting,

our historic campus

sits in Katie's District

and District 5,

but we have crisis nurseries

and family resource centers

in District 7

and District 2,

and we really serve

the entire Sacramento City,

the county,

and generally the whole region.

We've been serving

Sacramento for 150 years,

and we've been serving

for 48 years,

providing support

for vulnerable children

and families.

I just came to speak

a little bit about

what goes unnoticed sometimes,

and I'm glad you mentioned

a little bit,

is really the commitment

that Sac Republic,

and I'm very excited

to have Wilton Rant and Cherie

on board as well now too,

the commitment

that they've made

to the community,

what they do for nonprofits

in this community

is tremendous.

They've had,

I could go through

a whole list,

but I've only got a minute

of the different things

they do around scholarships

and supporting nonprofits

and providing youth sports

and providing opportunities

for kids and families.

Excited about this project,

excited about the opportunity

for some affordable housing.

I think a lot of the children

and families that we serve

struggle in that area,

and we're looking forward

to partnering

and connecting folks that way.

But I think that there's,

it often goes unnoticed

the amount of work

that these folks do

for nonprofits

and for kids and families

in this community,

and I really feel like

this could be,

the stadium could really be

a hub for,

not only for youth sports

and for entertainment,

but it could also

to lift up

and really help support

children and families.

I look forward to them

and all the work that they do

and they continue to do.

Thank you so much.

Thank you for your comments.

John Pelman.

Next speaker is John Pelman,

Brianna Joy Thompson,

Michelle Stoffel,

Rachel Rios,

then Deshawn Spencer.

Good afternoon.

My name is John Pelman.

I'm the director

of curriculum instruction

for a free charter high school

in Sacramento

called Capital College

and Career Academy.

You might ask,

why is an educator here

standing in front of you?

We're often asked

as educators

to educate students

for the jobs of the future.

At my school,

we happen to have

a deep connection

with the construction industry,

and we are eternally grateful

for the support

we've gotten

from the NorCal Carpenters Union

as well as Turner Construction.

At our school,

we create that bond

and that link

between us

and creating a pipeline

into those jobs

of the future,

and those jobs

of the future

hopefully will be happening

at the rail yards.

Our students participate

in job shadows.

We go out

and we bring in

industry partners

to work with our students,

and our hope is

that some of our students

someday will be working

down at the rail yards

to support this project.

We are appreciative

of the support

we've received

from so many folks

within the industry,

but in particular,

Turner and the Carpenters Union

has been outstanding

supporters of us,

and we stand

in support of them

and hopeful

that this project

will go forward.

Thank you.

Thank you for your comments.

Brianna,

then Michelle.

Brianna,

then Michelle.

Good afternoon.

I'm Michelle Stoffel.

I've been a member

of IBW for a few years now,

and I'm president

of the IBW 340s

Women's Committee.

Today I ask you

to support

Sacramento Rail Yard

EIFD.

During my time

as a union member,

I have had the opportunity

to work on several projects,

and I got to learn

a lot of these projects,

and I got to grow

in a lot of these projects

working in Sacramento.

Working local

has been,

a big benefit for me.

And I'm now an instructor

with NCCT,

Northern California

Construction Training.

It is an amazing program,

like,

where I would love

to have these students,

like,

learn on projects

that are local.

Being able to teach students,

like,

and get them

into apprenticeships

and get them

into projects

that they get to learn

and build their careers

and stay local

is a huge opportunity

for them.

When there's not enough

local work,

our apprentices

will have to travel,

and, like,

traveling takes away

from your home time.

It takes away

from your family time.

It takes away

your personal time.

So I really support

having more local work

for our apprentices.

Please support the EIFD

for the rail yards

so we can move

the process forward

so we can continue

to invest in Sacramento.

Thank you for your time.

Thank you.

Brianna,

then Rachel Rios.

Brianna,

then Rachel Rios,

then Deshawn.

Hi, good afternoon.

My name is Brianna Joy Thompson.

I'm at a local 713,

Carpenters Local.

I'm a coordinator

at the Pleasanton Training Center

for Carpenters Training Center.

Excuse me.

From what it is

that I have read

about this budget,

over the course

of nine years,

it would bring

a lot of revenue

to the city of Sacramento.

I have apprentices

that I communicate

with regularly

that live in places

like Napa,

Sacramento,

Stockton,

Yuba City,

that are driving

to San Francisco

on the daily basis

looking for work,

not even having work,

but looking for work.

I believe that this project,

if it is pushed through

to its completion

with the additional,

the expansion of it,

I think that that would

produce a lot of work

for our apprentices.

I think not only

would it be of great benefit

for the carpenters,

it would be of great benefit

for the pipe fitters,

the electricians,

the plumbers,

the laborers,

everyone who is in here,

whether they are for it

or against it.

I believe that at the same time

that it will,

excuse me,

it will provide

a great opportunity

with things like Job Corps

being cut,

with Job Train

being under the radar.

We have upwards

of 20,000 young people

who now have no idea

where it is

that they are going

and what it is

that they will be doing

in life

because these opportunities

that they thought

they were going to have

that they had set

themselves in position

to obtain

are no longer there.

I implore you

to pass this budget.

Thank you.

Thank you for your comments.

Rachel Leo.

So let's take Deshaun

and then Rachel.

Good afternoon.

My name is Deshaun Spencer

and I'm proud to speak

on behalf of the

Greater Sacramento

Economic Council

in support of this

transformative project.

This project is a once

in a generation opportunity

to double the size

of our downtown,

build out one of the largest

infield developments

in the country

which has been vacant

for over 30 years

since the 90s

and it will position

Sacramento as a leader

in the multi-trillion dollar

sports and entertainment industries

and above all

we'll make history

as the Wilton Rancheria tribe

reclaims their native lands

and becomes the first

North American tribe

to own a professional

men's sports team.

This council has proven

that investment,

leadership,

and community collaboration

can create transformative growth

in our region

and in our city.

We saw it with Golden One Center,

we saw it with Aggie Square

and the rail yards project

is no different.

To those unconvinced,

let's ground ourselves

in the facts.

$92 million will be invested

by developers for this project.

This is up front

for new infrastructure,

roads, streets, greenways,

parks, and more,

all of which will be reimbursed

in new property taxes

generated at no taxpayer expense.

This development

will create over 23,000 total jobs,

$2.11 billion in annual wages

and $4.4 billion

in economic impact.

It will generate $518 million

in incremental property taxes

over its lifespan.

Each year,

it will grow the city's tax base

and chip away at the deficit.

And 20% of this revenue

will be used

for affordable housing projects.

That's over $100 million

locked in

for affordable housing.

This is more than just soccer.

This is more than just the rail yards.

This investment

is also catalyzing.

It will open the door

to develop the Macy's Building

and 301 Capital Mall

and continue construction

of Kaiser's 18-acre medical center

and so much more for our city.

GSEC would like to give

a special thank you

to Mayor McCarty,

former Mayor Steinberg,

the Wilton Rancheria tribe,

Kevin Nagle, Kaiser,

and the Kelly family

for their unwavering commitment

to this effort.

By approving today's resolutions,

we will take another bold step forward

to revitalize our downtown,

create thousands of good-paying jobs,

and invest in the city

we all love to call home.

Thank you.

Thank you for your comments.

Rachel Rios

and then Devin Strucker.

Good afternoon,

Mayor and City Council.

My name is Rachel Rios.

I'm the Executive Director

of La Familia Counseling Center.

And I am here to say

that we are proud partners

with the Republic.

They have not only invested

in our community

by creating the very first

community futsal court,

but they continue to support

our young people

by offering access to games

that a lot of times

they would not otherwise have,

having sports clinics

in our facilities

and in the community.

ARPS was the first futsal court

in the community,

but they've done

five others since then.

So they have been involved

and committed

to our Sacramento community

way before this project.

They've demonstrated

their commitment to us.

And so we support them.

Again, there are not

very many opportunities

for families and children

to be able to go

and to recreate together

and to build strong families,

which is super important,

especially right now.

The Sac Republic

offers those opportunities.

So we support this program.

We know that this is

not just a stadium.

We know that this is

an opportunity

for community engagement.

We know this is an opportunity

for jobs and economic development.

So we strongly urge

your support for this proposal.

Thank you.

Thank you for your comments.

Devin Strecker and Jed.

Good afternoon.

I'm Devin Strecker,

Executive Director

of the River District,

also a resident.

We are proud partners

of DRV, the rail yards,

and Sacramento Republic FC.

And this is what

we've been waiting for.

This will attract

an estimated $325 million

in upfront investments

for construction

of the soccer stadium

and central shops renovation

with $4.4 billion

in ongoing annual economic impact.

The River District

specific plan

was written in 2011,

but we did not see

the level of development

that we anticipated.

The city is currently

updating the River District

specific plan,

but this will have

a huge catalytic effect

on development

in the River District.

Already,

after the announcement