HomeMy WebLinkAboutRES NO 153-85BAKERSFIELD CITY COUNCIL
RESOLUTION NO:ism_R5
A RESOLUTION OF THE COUNCIL OF THE CITY OF
BAKERSFIELD RECOGNIZING AN AREA OF THE CITY
FOR DESIGNATION UNDER THE EMPLOYMENT AND
ECONOMIC INCENTIVE ACT.
WHEREAS, legislation has been passed providing for desig-
nation of a geographic area where certain tax and other incentives
will be available for private investments; and
WHEREAS, the City Council of the City of Bakersfield is
desirous of jointly submitting an application with the County of Kern
for such designation under the Employement and Economic Incentive act;
and
WHEREAS, an area of the City and County has been studied and
determined appropriate for such designation; and
WHEREAS, an area includes a Targeted Economic Development
(TED) area according to the legislation and as designated by prior
City Council Action.
NOW, THEREFORE, BE IT RESOLVED by the Council of the City of
Bakersfield as follows:
The City Council endorses the application which includes the
designated Targeted Economic Development (TED) and the designated
Neighborhood Economic Development
encompassed within the boundaries
areas as shown on Attachment A.
(NED) Areas which are the areas
and further described as the shaded
.......... 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 the 16th day of October 1985, by the following
vote:
CIT~"CL~.R~'a~d Ex-Officio Clerk of the
Council of the City of Bakersfield
APPROVED this 16th day of October, 1985
MAYOR of the City of BakErsfield
APPROVED as to form:
CItY ATTORNEY of the City of Bakersfield
APPLICATION AREA
EMPLOYMENT AND ECONOMIC
INCENTIVE ACT (AB 514)
"~ -- "HDUA' BOUNDARY
~ TED
'--] NED