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RES-2010-102RESOLUTION NO. 2010-102 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM AUTHORIZING THE SUBMISSION OF AN APPLICATION TO THE STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT FOR DESIGNATION OF THE ANAHEIM ENTERPRISE ZONE. WHEREAS, the State of California Legislature created the Enterprise Zone Program to stimulate economic growth in an economically depressed application area; and WHEREAS, the Enterprise Zone Program offers businesses located in an economically depressed area special tax credits and incentives in order to stimulate local investment and employment; and WHEREAS, the City of Anaheim finds that the application area is economically depressed and that designation of the area as an Enterprise Zone is necessary in order to attract private sector investment to the application area; and WHEREAS, the City of Anaheim authorizes and supports job development, job creation and economic development. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the City of Anaheim authorizes the submission of an application for the identified area to be designated as an Enterprise Zone. BE IT FURTHER RESOLVED that the City of Anaheim authorizes that staffing shall be made available to maintain record - keeping, monthly updates on zone activities, and to discuss these activities with program auditors. BE IT FURTHER RESOLVED that the City of Anaheim shall develop a self - evaluation process to measure its progress in meeting its goals and objectives; and, that this process shall be submitted to the Department for review, approval and inclusion in the Memorandum of Understanding (MOU) prior to final designation. BE IT FURTHER RESOLVED that the City of Anaheim agrees to complete all actions stated within the application that apply to its jurisdiction should the proposed Enterprise Zone be awarded designation. BE IT FURTHER RESOLVED that the Planning Director or her designee is authorized to sign the application, the MOU and other documents necessary for the implementation of the Enterprise Zone. -1- THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 2pffi day of ,7uly , 2010, by the following roll call vote: AYES: Mayor Pringle, Council Members Sidhu, Hernandez, Galloway NOES: NONE ABSENT: Council Member Kring ABSTAIN: NpNE CITY OF ANAHEIM BY a ok MAYOR OF THE ITY 6F ANAHEIM ATTEST• CITY CLERK OF THE CIT OF ANAHEIM 77940.v1 -2-