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Council appoints members to Norwalk Enhanced Infrastructure Financing District public finance authority
Summary
The Norwalk City Council appointed the mayor, vice mayor and a community member to the EIFD Public Finance Authority and named a public member to convene the authority ahead of the EIFD formation date.
The Norwalk City Council on June 16 appointed members to the Enhanced Infrastructure Financing District (EIFD) Public Finance Authority to enable the authority to meet ahead of EIFD formation.
City staff explained the authority typically comprises five members: two city council members (plus an alternate), one community member, and a county representative. The county board of supervisors had earlier expressed intent to participate, and the county appointed a supervisorial district representative and a community member to the authority.
Staff recommended the council appoint the mayor and vice mayor, designate the alphabetically next council member as the alternate, and appoint one public member. Councilors accepted the staff recommendation and, after naming Kim Apodaca (a planning commissioner) as the public member nominee, approved the appointments by roll call vote.
Staff said the fully appointed public finance authority is expected to convene on July 1, 2025, before the regular council meeting, and will consider bylaws, review the EIFD analysis, and direct staff and Cosmont to prepare a draft infrastructure financing plan.
Why this matters: The EIFD is a tool the city is pursuing to fund long‑term infrastructure investments; the public finance authority will governance the EIFD’s formation and initial actions.
Next steps: The public finance authority will meet July 1 to adopt bylaws, review analysis, and give direction for the EIFD infrastructure financing plan.
