HomeMy WebLinkAboutMinutes - City Council - 2000-05-04 - Special Meeting
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City Council, Special Meeting
Council Chambers
777 Cypress Avenue
Redding, California
May 4, 2000 11 :00 a.m.
The meeting was called to order by Mayor Anderson with the following Council Members
present: Cibula, Kight, and McGeorge. Council Member Pohlmeyer was absent.
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Also present were City Manager Warren, Assistant City Manager Perry, Deputy City
Manager Starman, City Attorney Wingate, Economic Development Director Mitchell, and
City Clerk Strohmayer.
RESOLUTION - re Purchase and Sale Agreement to Chatsworth Products, Incorpoorated
(CPI)
(E-050)
Economic Development Director Mitchell provided an overview of the Report to City
Council dated May 4, 2000, relating to a proposal for land acquisition and job credit and fee
deferral program pertaining to CPI. Mr. Mitchell related that, as City Council is aware, staff
has been in discussions with CPI regarding the possibility of the manufacturer locating its fifth
nationwide facility in the City of Redding. CPI, an employee-owned company with an
average earnings per worker of$35,000 annually, would employ one hundred to two hundred
people. He indicated that an Industrial Development Bond was approved by the California
Debt Allocation Committee on April 26, 2000.
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Mr. Mitchell stated that CPI representatives have indicated an interest in 13 acres of
undeveloped City-owned property to the north of the Airport Business Park. The estimated
total value of this land is $208,234, or $16,018 per acre. He related that after taking into
account the necessary infrastructure improvements and lot preparation at a total cost of
$641,000, the actual value of improvements exceed the value of the land. The Purchase and
Sale Agreement would require CPI to construct all off-site and on-site improvements to City
standards at their cost, including the oversizing of utilities to the north, in exchange for the
"as is" 13-acre project site.
It is the recommendation of the Economic Development Director ,that City Council adopt
resolutions approving the Purchase and Sale Agreement for 13 acres of City-owned property
with Chatsworth Products, Incorporated.
MOTION: Made by Council Member Kight, seconded by Council Member McGeorge, that
Resolution No. 2000-87 be adopted, a Resolution of the City Council of the City of Redding
approving the sale of approximately 13 acres of industrial land north of the Redding Airport
Business Park to Chatsworth Products, Incorporated, for certain consideration generally
described as the parcel map development including installation of all on-site and off-site
improvements, such as streets, utilities, and associated infrastructure, at the sole expense of
Chatsworth Products, Incorporated. Voting was as follows:
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Ayes:
Noes:
Absent:
Abstain:
Council Members - Cibula, Kight, McGeorge, and Anderson
Council Members - None
Council Members - Pohlmeyer
Council Members - None
Resolution No. 2000-87 is on file in the office of the City Clerk.
05/04/2000
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RESOLUTION - re Job Credit and Fee Deferral Program with Chatsworth Products,
Incorporated (CPI)
(E-050)
Mr. Mitchell, noting that the CPI project qualifies under the City Council's established Job
Credit and Fee Deferral Program, said that under the terms ofthe proposed agreement, CPI
will have to create a minimum of 1 00 full-time jobs within one year of occupancy in the new
manufacturing facility. In turn, the City will credit or defer the development-related fees
amounting to an estimated $124,000. In addition, Mr. Mitchell noted that the project also
qualifies for the Electric Utility's Economic Attraction Service Rate.
It is the recommendation of the Economic Development Director that City Council approve
a Job Credit and Fee Deferral Program with Chatsworth Products, Incorporated.
MOTION: Made by Council Member McGeorge, seconded by Council Member Kight, that
Resolution No. 2000-88 be adopted, a Resolution of the City Council of the City of Redding
approving the Jobs Credit and Fee Deferral Payment Agreement for Chatsworth Products,
Incorporated. Voting was as follows:
Ayes:
Noes:
Absent:
Abstain:
Council Members - Cibula, Kight, McGeorge, and Anderson
Council Members - None
Council Members - Pohlmeyer
Council Members - None
Resolution No. 2000-88 is on file in the office ofthe City Clerk.
Mr. Mitchell thanked City Council for supporting the project.
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Council Members praised Mr. Mitchell for attracting Chatsworth Products to the City, stating
that it will be a great benefit.
ADJOURNMENT
There being no further business, at the hour of 11: 17 a.m., Mayor Anderson declared the
meeting adjourned.
APPROVED
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Mayor
ATTEST:
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City Clerk /
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05/04/2000