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The Public Financing Authority (Authority Board) is the governing body of the Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD"). The Authority Board oversees revisions to the Infrastructure Financing Plan, eventual debt issuances, approval of financed projects, and other governing activities. The Authority Board is composed of three (3) members of the Humboldt County Board of Supervisors and two (2) members of the public. To learn more about the Authority Board please visit The EIFD Authority Board Page.
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In 2014, the State introduced Senate Bill (SB) 628, leading to the transformation of existing Infrastructure Financing Districts into Enhanced Infrastructure Financing Districts (EIFDs). EIFDs, categorized as a type of Tax Increment Financing district, were established to assist cities and counties in financing economic development projects. Subsequent to the enactment of SB 628, various legislative measures were implemented to amend EIFD requirements. Assembly Bill 733 (2017) expanded the scope of EIFD funding to include climate change adaptation projects, addressing conditions affecting public health such as reduced air and water quality, elevated temperatures, etc., as well as extreme weather events like sea level rise, heat waves, and wildfires. Senate Bill 1145 (2018) extended EIFD funding capabilities to cover infrastructure maintenance costs. Furthermore, Assembly Bill 116 (2019) permitted EIFDs to issue bonds without a public vote, though now includes heightened public engagement requirements during the formation process.
For more information regarding EIFDs, you may wish to refer to this Resource Guide developed by The California Community Economic Development Association and review California Legislation regarding EIFDs: Senate Bill No. 628.
No. The Samoa Peninsula EIFD (the "EIFD") will not increase property taxes nor impose a new tax on residents. Instead, the EIFD uses tax increment financing, an economic tool that allows the reinvestment of a portion of property tax from any increase in property value above a set base year (2022) back into the district or surrounding area. Specifically, 75% of the tax increment intended for the County General Fund is placed in a separate fund to be used on infrastructure projects that benefit the Samoa Peninsula and surrounding communities.
There is a lot of concern about the impact of sea level rise on the Samoa Peninsula due to Climate Change. Although Climate Change is a very real threat and sea level rise could potentially be devastating to communities around Humboldt Bay, the Samoa Peninsula is actually at less risk than other larger communities. Using the NOAA's interactive sea level rise tool you can see the impacts of sea level rise on Humboldt Bay through various local scenarios and timeframes. In addition, the Samoa Peninsula Enhanced Infrastructure Financing District can fund infrastructure projects that are specifically designed to mitigate climate change, including sea level rise.
The Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD") can fund a variety of infrastructure projects that benefit the district and surrounding communities.
Infrastructure projects that may be financed by the EIFD may include, but are not limited to, the following:
Per California law projects which utilize public funding are subject to California Environmental Quality Act (CEQA) and require an Environmental Impact Report. The Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD") does not currently have any proposed projects, but EIRs will be required for any project which is funded by the EIFD. These requirements, along with an EIFD's ability to fund environmental mitigation, can help ensure that the health and beauty of the Peninsula are retained.
The Samoa Peninsula Enhanced Infrastructure Financing District will expire forty-five (45) years after the first issuance of bonds or the set maximum amount to be allocated to the district is met (Currently set at $200 million), whichever comes first.
The Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD") encompasses approximately 2,243 acres Southwest of the 255 Bridge outside of Eureka, CA. A comprehensive District Boundary Map was included in the EIFD's Infrastructure Financing Plan, but a simpler boundary map can also be found below.
Yes. As long as there is a clear connection between the project and a benefit to the Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD"), infrastructure projects outside of the EIFD's boundaries can be funded.
The Infrastructure Financing Plan, or IFP, is the governing document of the Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD"). The document includes a description of the district, a description of proposed facilities and development projects, a finding of communitywide significance, a financing section, identified goals of the district, anticipated fund revenue, a Fiscal Impact and Incremental Revenue Analysis, and other relevant information to the EIFD.
Samoa Peninsula EIFD Infrastructure Financing Plan
The County decided on an EIFD as the solution to infrastructure deficiencies on the Peninsula, thanks to input from the Samoa Peninsula Infrastructure Workgroup. This Workgroup was comprised of members of the community who has vested interest in seeing the redevelopment of the Peninsula, and included representatives from;
The City of Eureka
The City of Arcata
The Humboldt Bay Municipal Water District
The Samoa Peninsula Fire District
The Humboldt Bay Harbor Recreation and Conservation District
Humboldt State University
Prior to the formation of the Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD") the California Center for Rural Policy (CCRP) conducted interviews and surveys on the Peninsula to better understand the needs and wants of the public. Through this effort, CCRP learned that the public was concerned about infrastructure deficiencies, and specified the need for a program that focused on the following;
In addition to initial public outreach, the EIFD was required to go through three public hearing prior to its formation and is required to hold a public hearing annually upon adoption of it's Annual Report.
The best way to engage and learn more about the Samoa Peninsula Enhanced Infrastructure Financing District (the "EIFD") is to attend meetings of the EIFD's Public Financing Authority (Authority Board). You can find out more about these meetings and how to attend them by visiting the Samoa Peninsula EIFD Authority Board Page.
If you have other questions or comments about the EIFD please contact staff:
Phone: 707-445-7745Fax: 707-445-7219Email: GoHumCo@co.humboldt.ca.us