Authorization of the
Formation of the El
Paso de Robles
Infrastructure
Financing Authority
City Council
Regular Meeting
May 20, 2025
South Vine St Circulation Improvements
South Vine Street Bridge and Road Project
Budget
General Funds 2,250,305
Transportation Development Act Funds 2,000,000
Transportation Impact Fees 111,951
Add’l Developer Contribution 2,880,000
Total Funds On Hand 7,242,256
Total Estimated Project 24,000,256
Issuance of Debt 16,758,000
Joint Powers Authorities
Current Member of the El Paso de Robles Financing
Authority
Redevelopment Agencies dissolved in 2012
California Statewide Communities Development
Authority (CSCDA)
This action does not authorize issuance of debt
Next Steps
May 15, 2025
CSCDA
Approved JPA
May 20, 2025
City Council
Approve JPA
June 17, 2025
1st JPA
Meeting
July 15, 2025
Approval of
Debt Issuance
Conclusion
Approve Resolution 25-XXX, establishing the El Paso de Robles Infrastructure Financing Authority with the California State Communities Development Authority and certain other matters pertaining thereto
R2. - Formation of the El Paso De Robles Financing Structure PDF
Paso Robles City Council
May 20, 2025
- Document
- R2. - Formation of the El Paso De Robles Financing Structure PDF
- Meeting
- May 20, 2025
- Body
- Paso Robles City Council
- Original file
- 264 KB
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