Public Infrastructure to Support Private Investment
Capital improvements are made through Owner Participation Agreements (OPA’s) between the Arcata Community Development Agency and developers/property owners to encourage business vitality in Arcata. The Agency will agree to certain improvements to facilitate completion of projects needing public infrastructure.
Agreements often encompass improvements such as paving sidewalks, improving drainage and grading, and covering the cost of the parking in lieu fees for the developer. There have been 10 Owner Participation Agreements made by the Agency since 1997. The total Agency Assistance for this period has been $783,615 with average assistance of $59,301 to each project.