The City of Sanger is in the process of establishing an Enhanced Infrastructure Financing District (EIFD) to fund community amenities. The purpose of the EIFD is to establish a funding mechanism that can facilitate the construction of infrastructure improvements in the North Academy Corridor. The establishment of the EIFD will not result in any new taxes or fees to the property owners.
Public Financing Authority (PFA)
The Sanger City Council has established a separate body, the Public Financing Authority (PFA), to oversee the creation of the EIFD and who is responsible for the adoption of the final IFP. The PFA will be responsible for the issuance of the bonds in the future as well. On November 18, 2021, the City Council adopted a Resolution of Intention to form the EIFD and established the Public Financing Authority (PFA) for oversight of the EIFD.
PFA Board Meetings
Meetings of the PFA Board begin at 6 PM at the Sanger City Council Chambers, 1700 7th Street, Sanger, CA, as follows: