CALIFORNIA INDUSTRIAL
WORKSHOP NOTICE
MEMBERS:
Bill Lockyer, Chairman
State Treasurer
John Chiang,
State Controller
Michael C. Genest, Director
Department of Finance
Preston DuFauchard,
California Corporations Commissioner
Department of Corporations
Dale Bonner, Agency Secretary
Business, Transportation & Housing
Agency
EXECUTIVE DIRECTOR:
Tom Dresslar
CALIFORNIA INDUSTRIAL
DEVELOPMENT FINANCING
ADVISORY COMMISSION (CIDFAC)
Industrial Development Bond (IDB)
Point System Workshop
Wednesday, October 22, 2008
1:00 – 3:00 P.M.
LOCATION:
915 Capitol Mall, Room 587
Sacramento, CA 95814
OR CALL IN:
(800) 230-1093
CIDFAC and the California Debt Limit Allocation Committee (CDLAC) will conduct a workshop for
interested parties on CIDFAC’s proposed revised IDB point system. The IDB point system is part of
CDLAC’s procedures, which can be accessed at www.treasurer.ca.gov/cdlac.
CIDFAC staff proposes a review and revision of the current system for scoring the public benefits of
IDB projects for which tax-exempt allocation is requested. The current point system was developed by
CDLAC staff several years ago, and CIDFAC staff believes it needs to be updated to reflect the current
state of manufacturing in California. In addition, staff proposes an expansion of the current point
system to recognize IDB projects that contribute to the state’s overall economic development, green
the manufacturing sector and help the state curb climate change emissions. CIDFAC staff’s goal is to
have a revised point system in place for the 2009 calendar year. See an outline of the proposed
revision of the IDB point system at www.treasurer.ca.gov/cidfac/pointsystem.pdf.
Any proposed revision of the point system for IDBs will be subject to CDLAC’s public noticing and
comment processes and CDLAC board approval.
FOR ADDITIONAL INFORMATION
Tom Dresslar, Executive Director, CIDFAC
Eileen Marxen, Deputy Executive Director, CIDFAC
915 Capitol Mall, Room 457, Sacramento, CA 95814
Tel. (916) 653-3843 FAX (916) 653-3241
The agenda is also available on our website:
http://www.treasurer.ca.gov/CIDFAC
the loop cse, theloopcse.com,