HomeMy WebLinkAbout1993-06-22 - RESOLUTIONS - ECONOMIC DEVELOPMENT POLICY (2)RESOLUTION NO. 93-88
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SANTA CLARITA, CALIFORNIA
ADOPTING AN ECONOMIC DEVELOPMENT INCENTIVE
POLICY FOR A 90 -DAY FEE GUARANTEE
RELATED TO COMMERCIAL AND INDUSTRIAL PROJECTS
WHEREAS, the Economic Recovery Workshop was convened in October 1992 to unite
private and public leadership in an effort to solve economic problems in the Santa Clarita Valley;
and
WHEREAS, participants of the workshop provided recommendations for economic recovery
In the Santa Clarlta Valley; and
WHEREAS, the City Council took formal action on April 13, 1993, to support these
recommendations; and
WHEREAS, the City Attorney's Office has reviewed this incentive policy and has approved
It as to forth and concept. .
follows: THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA does resolve as
SECTION 1. The Council does hereby adopt the following policies for a 90 -day Fee
Guarantee:
1. The City and prospective applicant may enter Into a written agreement to Implement
a guarantee of project development fees for a 90 day period. Adoption of a City
Council Resolution would ratify the agreement between the City and the applicant.
2. Only development projects that have received formal Planning Commission or
Community Development Director approval shall be able to quality for a fee
guarantee agreement.
3. The City does not have authority over development fees required by outside
agencies and therefore, Is not able to guarantee such fees. The City is able to assist
the developer in estimating these fees.
4. This guarantee shall apply to larger scale commercial and Industrial projects and
would not apply to residential projects.
SECTION 2. The resolution shall be effective for a period of three years from the date of
adoption. After this period, the City Council shall have the option to cancel or renew the Incentive
policy.
Reso.93-88
Page Two
PASSED, APPROVED AND ADOPTED this 22nd day of June ,
1993.
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
I, Donna M_ CYindey. City Clerk , DO HEREBY CERTIFY that the above and foregoing
Resolution was duly adopted by the City Council of the City of Santa Clarta at a regular meeting
thereof, held on the 22nd day of June 1993 by the following vote of
Council:
AYES: COUNCILMEMBERS: Boyer, Darcy, Rlajic, Pederson, Heidt
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
)w t U
ty Clerk
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