Covina Enhanced Infrastructure Financing District (EIFD) and Infrastructure Financing Plan

2023090103

City of Covina

NOE - Notice of Exemption

9/7/2023

9/7/2023

Alana Spector

City of Covina

Senior Management Analyst

Lead/Public Agency / Project Applicant / Parties Undertaking Project

125 E. College Street
Covina, CA 91723

(626) 384-5443

aspector@covinaca.gov

Generally bounded to the north by the northerly property line of Kelby Park, one-half block S.

91722/23

213

I-10

Metrolink

Ben Lomond Elementary School, Cypress Elementary School

Covina Enhanced Infrastructure Finance District Boundaries - The Covina EIFD encompasses multiple parcels within the City as illustrated in the attached map exhibit. The proposed Covina EIFD encompasses approximately 213 acres of land, representing approximately 5% of the total acres of land in the City limits, generally bounded to the north by the northerly property line of Kelby Park, one-half block south of Cypress Street, to the south by Workman Street, to the west by North Valencia Place, and to the east by Barranca Avenue.

Other

CEQA Guidelines Sections 15378 (b)(4) (government funding mechanisms) and Section 15061(b)(3)

An Enhanced Infrastructure Financing District is solely a funding mechanism for statutorily authorized infrastructure projects that are identifying in an Infrastructure Financing Plan, which must be adopted by the Covina EIFD Public Financing Authority. The Covina EIFD Public Financing Authority was established in order to form the Covina Enhanced Infrastructure Financing District. The Infrastructure Financing Plan identifies future infrastructure projects and how they would be funded in the future. Each infrastructure project identified in the Infrastructure Financing Plan would require its own environmental review as outlined by the CEQA Guidelines. The creation of government funding mechanisms or other government fiscal activities, which do not involve any commitment to any specific project which may result in a potentially significant physical impact on the environment, is not a project subject to CEQA. The Covina EIFD Public Financing Authority has no land use authority to approve the proposed projects in the Infrastructure Financing Plan, nor does it have the authority to award contracts for their construction. The Public Financing Authority’s establishment of the EIFD and the adoption of the Infrastructure Financing Plan do not commit the participating taxing entities (currently, the City of Covina) to carry out the projects proposed for financing and do not result in any physical impact on the environment. Furthermore, the projects identified in the Infrastructure Financing Plan are conceptual in nature and have not been designed to a level of detail that would permit environmental review under CEQA. Therefore, this proposal is exempt pursuant to CEQA Guidelines §15378(b)(4). Additionally, as this is only a funding mechanism and not an approval of an infrastructure project. There will be no significant effects on the environment Guidelines §15061(b)(3).