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HomeMy WebLinkAboutRES NO 027-01RESOLUTION NO. 0 2? '" 0 I A RESOLUTION REQUESTING AN EXTENSION OF TIME FOR THE SOUTHEAST METROPOLITAN BAKERSFIELD ENTERPRISE ZONE WHEREAS, the California Legislature adopted the Employment and Economic Incentive Act (Gov. Code sections 7080 et seq.) to encourage and facilitate business and job retention and development in distressed areas of the State; and WHEREAS, in June of 1984, the City of Bakersfield and the County of Kern formally recognized that a portion of southeast metropolitan Bakersfield was an economically distressed area that would benefit from being designated an Incentive Area pursuant to the Employment and Economic Incentive Act and, in cooperation with CITY, area business leaders and area residents determined to seek Incentive Area designation for that portion of southeast metropolitan Bakersfield; and WHEREAS, the State of Califomia Trade and Commerce Agency designated that portion of southeast metropolitan Bakersfield as an Incentive Area on October 15, 1986; and WHEREAS, the California Legislature adopted the Enterprise Zone Act (Gov. Code Sections 7070 et seq.) to have one strong, combined, and business-friendly incentive program to help attract business and industry to the State, to help retain and expand existing state business and industry, and to create increased job opportunities for all Californians; and WHEREAS, the Enterprise Zone Act, effective January 1, 1997, converted the Employment and Economic Incentive Act area to an Enterprise Zone; and WHEREAS, under the Enterprise Zone Act, each enterprise zone is only in effect for fifteen years; and WHEREAS, the Southeast Metropolitan Bakersfield Enterprise Zone will expire in October, 2001; and WHEREAS, the legislation permits cities and counties to apply for extensions of time for designated enterprise zones; and WHEREAS, the Southeast Metropolitan Bakersfield Enterprise Zone area is still depressed; and WHEREAS, the City of Bakersfield desires to apply to the Trade and Commerce Agency for an extension of time for the Southeast Metropolitan Bakersfield Enterprise Zone. ORIGINAl NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Bakersfield as follows: The above recitals are true and correct and are incorporated herein by reference. The Southeast Bakersfield Enterprise Zone area is still depressed and an extension of the Enterprise Zone designation is necessary in order to continue attracting private sector investment to the area. The City of Bakersfield agrees to complete all actions stated within the application for time extension which are applicable to it should the Enterprise Zone be awarded an extension. The City of Bakersfield agrees to offer all incentives available as indicated in the updated Economic Development Plan for the Enterprise Zone. I HEREBY CERTIFYthat the foregoing Resolution was passed and adopted bythe Council of the City of Bakersfield at a regular meeting thereof held on _ FEB ~,~ ?_~(]1 _, by the following vote: AYES: NOES: ABSTAIN: ABSENT: COUNCILMEMBER CARSON, BENHAM, MAGGARD, COUCH, HANSON, SULLIVAN, SALVAGGIO COUNClLMEMBER t,&O IO ~, COUNCILMEMBER l,J C~ I,)~.- COUNCILMEMBER t'-~O t~ ~ CITY CLERK and Ex Officio C_f(~/rk of the Council of the City of Bakersfield APPROVED ~ .., FEB 28 'Z001 HARVEY L. HALL MAYOR of Bakersfield APPROVED as to form: BART J. THILTGEN City Attorney .// JANICE SCANLAN "Deputy City Attorney C:\TEMP\enterpdseexpand res dty council.wpd February 21, 2001 Page 2 of 2 ORIGINA[