ENGAGE TO LEARN WHAT ECONOMIC DEVELOPMENT FINANCE TOOLS
ARE AVAILABLE IN YOUR COMMUNITY
THURSDAY, MARCH 15, 2018
Do We have Redevelopment Back? 9:45am – 10:45am
Over the last few years, the Legislature has passed several bills to bring back Tax Increment Financing tools as well as restore some of the powers under redevelopment. This session is a must-attend if you want to know what’s been returned, what’s missing, and what legislative suggestions we can sponsor to fill the gaps.
Lynn Hutchins, Goldfarb & Lipman, LLP
Aaron Laurel, City of West Sacramento
James Simon, RSG
Creative Options to Capture Local Sales & Use Tax 11:00am – 12:00pm
The potential for large sums of sales and use tax revenues from major construction projects is becoming more of an issue between local jurisdictions and developers with the results not always matching the expectations. The purpose of this session is to provide an overview of the CDTFA’s (formerly BOE) treatment of construction contracts, summarize the revenue opportunities and identify the pitfalls.
Michele Nissen, MPA, City of Eastvale
Robin Sturdivant, HdL Companies
Changing Face of Economic Development: Land Use, Sustainability and Housing 2:15pm – 3:45pm
Millennial demographics, internet fueled lifestyles, and a sharing economy (rides and workplace) alter land use and tax generation priorities for cities. The State is driving cities to change land use processes based on climate control and affordable housing mandates, while providing development incentives through new districts. Cities can comply with state mandates using new “sustainability and housing districts” (EIFD, HSD, WHOZ, NIFTI, CRIA) that blend zoning incentives and tax increment to yield taxes, jobs and housing. Learn how to accomplish economic development while complying with state housing/ sustainability mandates and attract uses/tenants that will thrive, not collapse in a digital economy.
Larry Kosmont, Kosmont Companies
Karen Tiedeman, Goldfarb & Lipman, LLP
Kurt Overmeyer, City of Seaside
FRIDAY, MARCH 16, 2018
Treasure Island and the Overlooked Tool of the IRFD 9:15am – 10:15
EIFDs and CRIAs are getting all the attention, but IRFDs should be considered as well! This session will compare/contrast EIFDs versus IRFDs – pros and cons. You will also hear from a team of experts about what’s happening at Treasure Island and why an IRFD layered with a CFD is being used to fund economic development on the Island. Join us and learn how these tools can help your community too.
Robert Beck, Treasure Island Development Authority
Debbie Kern, Keyser Marston Associates, Inc.
Chris Lynch, Jones Hall
Does a Diversity of Funding Sources Improve Project Development Feasibility? 10:30am – 12:00pm
With the end of Redevelopment, practitioners search for the funding equivalent of the silver bullet. But it may be that a creative mix of funding sources strengthens and improves the feasibility of new development and opportunities for public infrastructure. Presenting examples from San Luis Obispo, San Francisco, and Menlo Park.
Michael Codron, City of San Luis Obispo
Ashleigh Kanat, Economic Planning Systems (EPS)
Michael Nimon, Economic Planning Systems (EPS)
Jonathan Schafman, Universal Paragon Corporation (UPC)
Housing and Economic Development: Finding the Solution 2:15pm – 3:15pm
How do we create opportunities for Californians to live in the community where they work? This session explores emerging tools and techniques that can deliver under-supplied housing prototypes to today’s labor force and improve the feasibility of other land uses. The panel will discuss recent and emerging legislation (including the Affordable Housing Package signed by Governor Brown) and how the implementation of town center and other infill market-rate and affordable housing concepts will drive economic development in the future.
Meea Kang, Related California
Jason Rhine, League of California Cities
Sean Spear, Los Angeles Housing and Community Investment Department
David Zehnder, Economic Planning Systems (EPS)