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HomeMy WebLinkAboutReso 92-247 - Approve & Authorize the mayor to execute the amendment to MOU between County of Shasta, COR, City of Anderson, and Economic Dev Corp of Shasta Coppppp- r RESOLUTION NO. 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING APPROVING AND AUTHORIZING THE MAYOR TO EXECUTE THE AMENDMENT TO MEMORANDUM OF UNDERSTANDING BETWEEN THE COUNTY OF SHASTA, THE CITY OF REDDING, THE CITY OF ANDERSON, AND THE ECONOMIC DEVELOPMENT CORPORATION OF SHASTA COUN'T'Y. IT IS HEREBY RESOLVED that the City Council of the City of Redding hereby approves the Amendment to Memorandum of Understanding entered into between the County of Shasta, the City of Redding, the City of Anderson, and the Economic Development Corporation of Shasta County, a true copy of which is attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED that the Mayor of the City of Redding is hereby authorized and directed to sign said Amendment on behalf of the City of Redding; and the City Clerk is hereby authorized and directed to attest the signature of the Mayor and to impress the official seal of the City of Redding thereto. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 2nd day of June, 1992, and was duly adopted at said , meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Arness, Dahl, Kehoe & Moss NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None COMA. re CHARLIE MOSS, Aayor City of Redding ST: FORM PROVED: A : R� Q 19&CM F' CONNIE STROHMAYER, C' y 'Clerk RAIDALL A. HAYS, City Attorney -� • AMENDMENT TO MEMORANDUM OF UNDERSTANDING BETWEEN THE COUNTY OF SHASTA, THE CITY OF REDDING, THE CITY OF ANDERSON, AND THE ECONOMIC DEVELOPMENT CORPORATION OF SHASTA COUNTY LEGAL AUTHORITY The County of Shasta, the City of Redding, and the City of Anderson hereinafter known as the "applicants", intend to jointly propose the designation of portions of their respective jurisdictions as a state enterprise zone pursuant to Section 7073 of the California Govern- ment Code for the purpose of stimulating new employment and invest- ment in economically depressed areas of their respective juris- dictions. The area proposed for such designation is shown on the map attached to and made a part of this agreement. It is the intention of the applicants to submit a joint application to the California Department of Commerce for enterprise zone desig- nation pursuant to California Government Code Section 7073 and Administrative Code Sections 5601 - 5636. BACKGROUND The Enterprise Zone Program has designated ten areas of California for a fifteen year period as enterprise zones. Recent legislation has provided for the designation of an additional fifteen areas as enterprise zones, and the State of California has agreed to provide certain incentives to businesses located within these areas as specified in Sections 17052.13, 17053.8, 17053.9, 17231, 17252.5, 17276. 5, 23612, 24331, 24333, 24356.2, 24384, and 24417 of the California Revenue and Taxation Code for the purpose of stimulating new investment and employment in said areas. It is the intention of the applicants to seek conditional designa- tion from the California Department of Commerce of a proposed enterprise zone based upon the applicants' proposal to the Depart- ment which will commit the applicants to provide effective, innova- tive, and comprehensive, regulatory, tax, program, and other incen- tives to attract private sector investment to the proposed zone. STATEMENT OF PURPOSE The County of Shasta, the City of Redding, the City of Anderson, and the Economic Development Corporation of Shasta County enter into this agreement for the purpose of assuring their mutual and common understanding of the intent of each party to use their best efforts, subject to the continued availability of financing, to continue and complete long term programs and projects to attract private sector investment to the area proposed for designation. • i Amendment to Memorandum of Understanding Between the County of Shasta, the City of Anderson, the City of Redding, and the Economic Development Corporation of Shasta County - Enterprise Zones Page 2 OBJECTIVES It is mutually agreed that: 1. The County of Shasta, the City of Redding, and the City of Anderson will each provide staff support to administer pro- grams, projects, or incentives provided by their respective jurisdictions within the area proposed for designation. The staff of each jurisdiction will coordinate those economic and business development activities related to the designated enterprise zone through the Shasta County Economic Development Corporation (hereinafter known as the coordinating agency) . As a part of this effort,- the staff of the County and each City will cooperate with the coordinating agency to work with existing and prospective new businesses to explain the incen- tives, programs, and projects which may benefit the business, i; and to identify serious unmet needs or problems facing said businesses. In the event staff identifies a need for financial or job training assistance on the part of a business, the staff person will refer the business to the coordinating agency to arrange action by an entity or agency designated to provide such services. 2. There is hereby established an Enterprise Zone Policy Board consisting of one representative from the County of Shasta, the City of Redding, the City of Anderson, the Economic Development Corporation of Shasta County, and the Private Industry Council, and a sixth member to be selected at large by the other five members. The Enterprise Zone Policy Board shall review and monitor the progress and activities of the zone, and shall make such recommendations thereon as it deems appropriate to the applicants. 3 . The Shasta County Economic Development Corporation will func- tion as the coordinating agency in marketing , and promoting the area proposed for designation to businesses and developers ( including both those businesses and developers currently operating within the designated area, and those interested in locating within the designated area at some future time) . The Shasta County Economic Development Corporation covenants to provide print advertising, print materials, and other promo- tional activities as needed and feasible, subject to the continued availability of funding from Shasta County, City of Redding and City of Anderson, and such other sources of revenue as may be available to the Economic Development Corporation of Shasta County. 4. To supplement such sources of revenue as are, or may become, available to the Economic Development Corporation of Shasta County, the parties to this Memorandum of Understanding agree Amendment to Memorandum of Understanding Between ' the County of Shasta, the City of Anderson, the City of Redding, and the Economic Development Corporation of Shasta County - Enterprise Zones Page 3 to share the costs of marketing and promoting the Enterprise Zone (including such costs as may be engendered in preparing the preliminary and final applications for designation, and the environmental processes required under the California Environ- mental Quality Act) on the basis of proportion of each agency' s industrial and commercial acreage which is included in the proposed zone. It is further agreed that the City of Redding' s share of costs is thereby established at 46 . 3%, the County of Shasta' s at 46. 5%, and the City of Anderson' s at 7. 2%. 5 . Amendments to the Enterprise Zone boundaries, adding industrial or commercial property to the existing Enterprise Zone, shall be approved by the Enterprise Zone Policy Board. In accordance with State law, such additions shall be limited to 150 of the total area encompassed in the original zone boundaries, and such additions must be approved by the legislative bodies of the general purpose local governments signatory to this Memorandum of Understanding and the California Department of Commerce. In order to effectuate the purposes of this section, expansion requests shall first be directed to the Enterprise Zone Policy Board for its review and recommendation to the respective legislative bodies. In reviewing requests for the addition of territory to the Enterprise Zone, the Policy Board shall give first priority to that territory which is identified as industrial, second priority to commercial, and shall include only such residential property as is necessary to establish contiguity between industrial and commercial properties and the existing zone boundary. In addition, the Policy Board also shall give priority to that territory which has the greatest potential for the expansion of existing businesses, or for which initial development appears to be eminent. The Enterprise Zone Policy Board may establish such review processes as it deems appropriate in order to implement these zone expansion provisions. 6. This Memorandum may be amended only by the mutual agreement of all parties in writing. This Memorandum, and any amendments thereof, shall remain in effect until terminated. IN WITNESS WHEREOF, the Parties agree to have executed this Amendment to the Memorandum on this 2nd day of June, 1992. This Amendment shall become effective upon the execution of it by all parties. q • Amendment to Memorandum of Understanding Between the County of Shasta, the City of Anderson, the City of Redding, and the Economic Development Corporation of Shasta County - Enterprise Zones Page 4 COUNTY OF SHASTA CITY OF REDDING CITY OF ANDERSON ECONOMIC DEVELOPMENT CORPORATION OF SHASTA COUNTY mouez.sam/lt cor II