LA County Board

14. Establishing An Enhanced Infrastructure Financing District in\nUnincorporated County Areas to Enable Community-Driven\nImprovements\nRecommendation as submitted by Supervisor Mitchell: Instruct the Director of\nEconomic Opportunities, in coordination with the Chief Executive Officer, the\nAuditor-Controller, and the Executive Director of Anti-Racism, Diversity and\nInclusion, to contract with an independent third-party entity (Consultant) within\n90 days, not to exceed $100,000, for an Enhanced Infrastructure Financing\nDistrict (EIFD) feasibility analysis focused on the unincorporated areas of the\nSecond District, who should have expertise on tax increment financing and\nworking with local governments on similar feasibility studies; the scope of work\nfor the solicitation should involve an evaluation of several scenarios of potential\nEIFD implementation along with an assessment of financial feasibility and their\nalignment with the County’s EIFD policy; employ an equity lens to the analysis\nand focus on high-need communities in the unincorporated Second District,\nincluding but not exclusive to East and West Rancho Dominguez,\nFlorence-Firestone, Lennox, West Athens, Westmont, and Willowbrook; instruct\nthe Director of Economic Opportunities to report back to the Board in writing in\n180 days on the results of the EIFD feasibility analysis and allocate up to\n$100,000 from the Catalytic Development Fund budget allocated for\nunincorporated Second District to cover the cost of the Consultant. (23-0868)\nAttachments: Motion by Supervisor Mitchell\nPublic Comment/Correspondence