HomeMy WebLinkAboutReso 1999-19668 COUNCIL RESOLUTION NO. 19668
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA APPROVING A BUSINESS INCENTIVE
AGREEMENT BETWEEN THE CITY AND LEVITON
MANUFACTURING COMPANY AND AUTHORIZING THE
MAYOR TO EXECUTE SAME
WHEREAS, the City of Chula Vista wishes to strengthen the local economy, ensuring both
a growing tax base and quality employment opportunities for Chula Vista residents, by undertaking
strategic business attraction efforts; and
WHEREAS, the City in coordination with the EastLake Development Company, previously
established a High Tech/Biotech Zone via Ordinance No. 2621 in order to offer incentives to
qualifying technology-based companies to encourage their location within the EastLake Business
Center Phases I and II; and
WHEREAS, the City and EastLake are coordinating to encourage Leviton Manufacturing
Company to locate its Western Regional Facility and related 200 employees within EastLake Business
Center II, and to make available, affordable, and ready for development the balance of Phase II for
recruitment of additional high tech employers; and
WHEREAS, Leviton was considering sites outside of Chula Vista due to the economic
disadvantage of City development fees associated with the EastLake site which are approximately
$800,000 - $1 million higher in cost than other candidate locations; and
WHEREAS, the City of Chula Vista wishes to provide incentives to reduce the estimated
$800,000 to $1 million gap in fee costs in order to attract Leviton Manufacturing's 90,000 sq. f~.
office/R&D/warehousing facility.
NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Chula Vista does
hereby approve the business incentive agreement between the City and Leviton Manufacturing
Company providing for reduction of the company's fees and for development review fast-tracking,
a copy of which is on file with the City Clerk.
BE IT FURTHER RESOLVED that the Mayor of the City of Chu!a Vista is hereby
authorized and directed to execute said agreement for and on behalf of the City of Chula Vista.
Presented by Approved as to form by
Chris Salomone J . Kaheny ,~
Community Development Director y
Resolution 19668 "'
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 16th day of November, 1999, by the following vote:
AYES: Councilmembers: Davis, Padilla, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Moot
ATTEST: Sh~MaY°rq~
Susan Bigelow, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing
Resolution No. 19668 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 16th day of November, 1999.
Executed this 16th day of November, 1999.
Susan Bigelow, City Clerk