HomeMy WebLinkAboutR9-Economic Development Agency
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ECONOMIC DEVELOPMENT AGENCY
OF THE CITY OF SAN BERNARDINO
(g@WJW
REOUEST FOR COMMISSION/COUNCIL ACTION
FROM: RONALD E. WINKLER
Development Director
SUBJECT: RECYCLING MARKET
DEVELOPMENT ZONE
PROGRAM
DATE: March 12, 1997
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SvnoDsis of Previous CommissionlCounciUCommittee Action(s):
On March II, 1997, the Redevelopment Committee recommended that this item be forwarded to the Community
Development Commission for approval.
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Recommended Motion(s):
(Mavor and Common Council)
MOTION:
RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN
BERNARDINO, CALIFORNIA, AUTHORIZING THE SUBMITTAL OF AN APPLICATION
TO THE CALIFORNIA INTEGRATED WASTE MANAGEMENT BOARD REQUESTING TO
JOIN THE RECYCLING MARKET DEVELOPMENT ZONE (RMDZ) PROGRAM THROUGH
THE REDESIGNATlON OF THE AGUA MANSA RECYCLING MARKET DEVELOPMENT
ZONE.
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Contact Person(s): Ronald E. Winkler/Jeff Zinner
Phone:
5081
Project Area(s):
N/A
Ward(s):
N/A
Supporting Data Attached: 11II Staff Report 0 Resolution(s) 0 Agreement(s)/Contract(s) 0 Map(s) 0 LtrlMemo
FUNDING REQUIREMENTS: Amount: $ N/A
Source:
N/A
SIGNATURE:
Budget Authority:
N/A
a ...((f p/J6,,-
Ronald E. inkier, Director
Development
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Commission/Council Notes:
Res 97- 'If)
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REW:JPZ:Iag:03-I7-Il.cdc
COMMISSION MEETING AGENDA
MEETING DATE: 03/1711997
Agenda Item Number:'
1<9
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ECONOMIC DEVELOPMENT AGENCY
STAFF REPORT
Recvclinl! Market Develonment Zone lRMDZ)
The Agua Mansa Recycling Market Development Zone was designated by the State of California
in 1993. This zone currently includes portions of the Counties of San Bernardino and Riverside,
and portions of the Cities ofRialto, Colton and Riverside. To date, the State has designated 40
zones throughout the State in connection with this program. At this time, the City of San
Bernardino intends to apply for the redesignation of this zone to include portions of the City of
San Bernardino. One of the first steps in the application process, is the adoption ofa Resolution
requesting participation in the program.
BACKGROUND
The Recycling Market Development Zone program was created by the State of California to
encourage the growth of industries that use recycled materials as a feed stock for a final value
added product and to facilitate the creation of new markets for the anticipated deluge of grass,
plastic, paper, and other recyclables that would result from communities efforts to meet the solid
waste diversion goals as mandated by the Integrated Waste Management Act.
The program makes available a low interest loan program which is administered by the California
Integrated Waste Management Board and also provides technical assistance to businesses located
within a zone that utilize post consumer or secondary waste products. To date, a total of 52 loans
have been funded through the program for a total amount of$20.2 million. By statute, the
program is funded $5 million annually. The current fund balance available for future loans is
approximately $16 million. The average loan amount has been slightly less than $400,000 with a
maximum loan amount of$1 million. The amount of the loan can be no more than 50% of the
project. . Funds can be used for the purchase of real property, the purchase of equipment, working
capital and the refinancing of existing debt. Projects remain subject to all applicable zoning and
regulatory requirements. Participation in the RMDZ program will provide the City and Agency
an additional tool to use in its waste diversion, job retention and economic development activities.
Based on the foregoing, staff recommends adoption of the attached resolution.
fJ~
RONAL E. WINKLER, Director
Development Department
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REW:JPZ:lag:03-17-II.cdc
COMMISSION M~ETJNG AGENDA
MEETING IJATE: 03/1711997
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Agenda Item Number: