NOTICE OF PUBLIC HEARING
Placer County Board of Supervisors
Where: Placer County Board of Supervisors
175 Fulweiler Avenue, Auburn, CA 95603
When: July 8, 2025, at 9:00 a.m., or as soon thereafter as may be heard
Subject: Public hearing on the adoption of the Infrastructure Financing Plan for the Placer County Enhanced Infrastructure Financing District No.1 (Sunset Area/Placer Ranch).
Notice is hereby given that the Placer County Board of Supervisors will conduct a public hearing at the above place and time to consider the adoption of the proposed Infrastructure Financing Plan ("IFP") for the "Placer County Enhanced Infrastructure Financing District No. 1 (Sunset Area/Placer Ranch)" ("EIFD") as required by Chapter 2.99 of Part 1 of Division 2 of Title 5 of the California Government Code (commencing with section 53398.50) (the "EIFD Law").
The proposed boundaries of the EIFD are described in Appendix A of the IFP. The IFP includes more detail about the area within the boundaries of the proposed EIFD in Section II.
The proposed IFP provides that the public capital facilities and projects of communitywide significance to be financed by the EIFD include a portion of the public capital facilities that are needed to realize the new development envisioned in the adopted Sunset Area Plan and Placer Ranch Specific Plan, including major arterial roadways, traffic signals, a fire and police station, and utility-related improvements. The IFP includes more detail about the financed facilities in Section III.
The proposed EIFD is anticipated to use (i) a portion of the Placer County General Fund's share of the incremental property tax revenue generated by increases in the assessed values in the boundaries of the EIFD above the tax year 2024-25 assessed values and (ii) and a portion of the residual revenues that the Placer County's General Fund receives from the Redevelopment Property Tax Trust Fund from all successor agencies. The IFP includes more detail about the allocated revenues in Section IV.
On April 22, 2025, the governing body of the proposed EIFD (the "PFA") held a public meeting at which a draft IFP was presented. The PFA held the first of two public hearings on the IFP on May 29, 2025. After holding the first public hearing, the PFA adopted a resolution modifying the draft IFP. The IFP, as modified, is available on the following website: https://www.placer.ca.gov/9870/Sunset-Area-Enhanced-Infrastructure-Fina
In order for the PFA to approve the IFP and the formation of the EIFD, the EIFD Law requires the Placer County Board of Supervisors to adopt the IFP between the two public hearings held by the PFA. The PFA intends to hold the second public hearing on the IFP, which is a protest hearing, on July 15, 2025.
Interested persons are invited to attend the hearing through the means provided on the meeting agenda, found at https://www.placer.ca.gov/10065/_2025. Accommodations for disabled or non-English speaking residents will be made available upon advance request; please contact the Clerk of the Board at (530) 889-4020.
You may direct written comments to the Clerk of the Board of Supervisors, 175 Fulweiler Avenue, Auburn, CA 95603, or you may telephone the Clerk of the Board at (530) 889-4020. If you challenge the proposed action in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the county at, or prior to, the public hearing.
Information, including any data required by Government Code section 53398.66(a) is available for review by contacting the Placer County Executive Office contact for this project, Sue Compton, who can be reached at (530) 745-7534 or scompton@placer.ca.gov.
Board of Supervisors
Clerk of the Board, Megan Wood
County Executive Staff: Sue Compton
IPL0248178
Jun 27 2025