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HomeMy WebLinkAboutR05-Economic Development Agency , o -..... o o - DOELOPRE.., DEPAR.,Q.., 01' 'lIIB CIn 01' SAIl -nntllO RBOUBsr FOR CO*ISSIOIl/COUIICIL ACTIO. From: lUS!UU5TII J. IlERDERSOIf Executive Director Subject: PROPOSED IlBVBLOPIIBII'r IJt\i.UXud JlID LIIUGB PROC:UII (DIAL) IJI LIEU 01' BlI'l'DPRISB lOB PROC:UII Date: June 9, 1992 ----- S'IDOD.i. o~ Proioua C-f..icmlr.",nn..il/r---tttee ActionC.l: On June 3, 1992 the Leaielative Review Committee reviewed the subject aaenda item and recommended approval of the motions referenced below. Ree--ded IIotionC.l: Cllavor Mid C- Conn..il) IIO'lIO. A: That the Mayor and Common Council approve the proposed revision of the City Enterprise Zone Proaram. IIO'lIO. B: That the Mayor and Common Council limit incentives to commercial and industrial development abuttina designated street.. (IIoti_ Continued on .ezt: P8&e) -15. Administrator ~ Executive Dir ctor Contact Person(s): J:enneth J. Henderson. Phone: 5081 Project Area(s): If/A Ward(s): 1-7 Supportina Data Attached: Staff reDort: ProDosed DIAL Pro. ram FUl!lDIlfG REQUlIlEMnTS: Amount: $ If/A Source: If/A Budaet Authority: If/A C....fs.icmlr.ftnn..il 1I0tea: 6 o c) o RBQ1JIS'l lOR ClRIISSIAou.cIL AcrIO. 0 Proposed D..elolllMDt IncentlTes UI4 LiDkaae Proar.. J1IIUl 9. 1992 Pas. ~r -2- ReC'....-...ed IIotion(sl Continued... (Mavor ..... C--m eft-fOill MOrIO. C: That the Mayor UI4 Common Council adopt the ataff drafted proaraa as revised. (I!_'cy Dft'el---t e-issionl MOrI~ D: That the Community Development Commieaion authorize the ICCll1o.lic Development Aaency to financially underwrite the propoaed development incentivea. MOrIO. I: That the Community Development Commi..ion authorize the Office of the City Attorney to make auy and all appropriate aaeudmenta to the municipal code. KJH:SWP:dle:5756R COIIIISSIO. IllErI': AGIlUll Meetiq Date: 06/15/1992 S Aaend8 It_ -.ber: o 6 o D.oBLOPIIB.r DBPAllrQ.r OF TIll CITY OF SU R-.A1mllO SUPI' DPOIIr PraDO.eel D.....lonmen.t Inc:ent:i.... .,.d LIft"... hOlllr.. (DIAL) In Liew Of BnterDri.e Zone Pro.r.. In 1986, the Cit7 of San Bernardino applied for a competitive .tatewide Enterprise Zone. The City was unsucce..ful in it. effort and not awarded State deBipation. A local Enterpri.e Zone program, which included houeing, was developed in 1986 a. a .trategy that rea.oned .uch a po.itive demonstrative di.play of local initiativ. would enhance the City'. chance. of being .elected by the Stat. in .ub..quent Ent.rpri.. Zone program competitions. Unfortunat.ly, the Stat. .olicitatione w.re .hortlived and the proaraa was terminsted due to the lack of State fund. and hiah.r prioritie.. The primary goal of the Enterpri.e Zone proaram, from the City and State'. viewpoint, was to attract and r.tain bueine.... within economically di.tr...ed area. of the municipallty. A key ben.fit of achieving this aoal was the . creation of p.rmanent job. for City re.ident... However, .imilar to the Stat., . the City has al.o det.rmined that the proaram is an expensive one to operate as pre.ently structured. Thi. r.v.lation i. e.p.cially .vident in view of the fact that incentive. are provided to d.veloper. throuah fee exemptions and rebates that would normally b. pBid to City departments. Further, it was ob.erved that in m&n1 instance. the City financial incentive. were often a developer'. plea.antly di.cov.r.d windfall rather than the initial rea.on or motivation a bu.ine.. was .tarted or hou.. constructed. In deference to dwindling City re.ource. and ac:knowledament that elements of the City Enterpri.. Zone Proaraa are d..irabl., the D.velopment Incentive. and LinJtaae (DIAL) proaraa (attached) has been deVeloped. lCey element. of the existing prograa's revi.ion are a. follow.: 1. Eliaibl. aeoaraphical area. are limited to major City thoroupfare.. 2. The Economic D.velopment Agency will financially underwrite the provision of incentive. on a "case by ca.e" ba.i.. 3. Zoning for the propo.ed u.e mu.t be compatible with the City'. General Plan and redevelopment plan if the project lie. in whole or in part of an adopted redevelopment project area. ., 4. Re.idential incentive. are eliminsted and, in the alternative, .uch a..istance will be afforded throuah the Development Department'. exi.ting housing rehabilitation and infill housing proarams on a ca.e by ca.e ba.i. in .catter.d or taraeted .ite. within redevelopment project areas. ICJH:SWP:dle:5756R COIIIISSIO. IlEBrIllG A_A lfeeting Date: 06/15/1992 Agenda Itea ltaber: 5 o e o IlBQUBST roR COIBISSIOoUIICIL ~O_ 0 PROPOSID DBVBLOPIIDr IIICD1'IVBS UD LIIIUGII pIII1qAII (DIAL) m LIEU 01' D:rDPRISB ZOO JlIIlIl 9, 1992 Pq. II1aber -2- 5. Applications for aaeietance will not be approved retroactively. 6. E1iaibi1ity will be certified by the Development Department. 7. The fee rebate period has been ehortened from three or two years in eome caees to one. On June 3, 1992, the Leais1ative Review Committee reviewed and discussed the etaff recommendations reaardina this saenda item and recommended to the Mayor and Common Council and Community Development Commission of same. Based upon the foreaoina, staff recommends adoption of fona motions "A" throuah "E". 0_, becutiv. Director epartllellt Attachment: Proposed Dial Proaram KJH:SWP:d1e:5756R COIIIISSIO_ IlEITIS AGDDA lleetina Date: 06/15/1992 6 AaeDda It_ II1aber: o o o o o "".J\L._~ 1'-....._.-:.1.... .... 1.1'IIP.ln 'Df.I., ~.. 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