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HomeMy WebLinkAboutRES NO 186-95RESOLUTION NO. 1 $ 6 - 9 5 RESOLUTION SUPPORTING THE CONVERSION OF THE SOUTHEAST I~ETROPOLITAN BAKERSFIELD INCENTIVE AREA TOAN ENTERPRISE ZONE WHEREAS, in 1984, the California Legislature adopted the Employment and Economic Incentive Act (Government Code section 7080 et. seq.) to encourage and facilitate job creation and retention in distressed areas of the State; and WHEREAS, in 1984, the California Legislature also adopted the Enterprise Zone Act (Government Code section 7070 et. seq.) to attract businesses to and encourage businesses in distressed areas of the State; and WHEREAS, in October of 1986, the Trade and Commerce Agency of the State of California designated a portion of southeast metropolitan Bakersfield as an Incentive Area; and WHEREAS, both the Employment and Economic Incentive Act and the Enterprise Zone Act offer tax incentives to businesses that locate within them; and WHEREAS, there are less stringent requirements for businesses to meet if they locate within an Enterprise Zone instead of an Incentive Area; and WHEREAS, on September 21, 1995, the Southeast Metropolitan Bakersfield Incentive Area Community Advisory Council approved a motion supporting conversion from an Incentive Area to an Enterprise Zone and asking the City Council and Board of Supervisors to initiate appropriate action in that direction; and WHEREAS, having an Enterprise Zone in the metropolitan Bakersfield area would help encourage businesses to locate in the Bakersfield area. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield that the City of Bakersfield supports converting the current Southeast Metropolitan Bakersfield Incentive Area to an Enterprise Zone. .......... o0o .......... I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on N0¥ 29 %99§ , by the following vote: ~,¥ES: COUNCILMEMBER DeMONO, CARSOl% SMITH, Ivld~'I:~IOTT, ROWLES, $ULUVAN, SALVAGGIO ~.OES: COUNCILMEMBER ~,,[( N%~ ~T~'. COUNCa.~ae~ /,J~'~ ~ CITY CLERK and EX OFFICIO of the Council of the City of Bakersfield APPROVED NOV ~ 9 1995 BOa P ~AYOR of the City of Bakersfield APPROVED AS TO FORM: JUD~ K. SKOUSEN City Attorney City of Bakersfield JAN/meg MEG:RES95-1/INCE31TV .RES -October 24, 1995 - 2 -