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HomeMy WebLinkAboutReso 1999-19669 COUNCIL RESOLUTION NO. 19669 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROPRIATING $110,630 FROM THE GENERAL FUND FOR PAYMENT OF LEVITON PROCES SING FEES AND PUBLIC FACILITIES DEVELOPMENT IMPACT FEES (PFDIF) 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 Incentive Zone via Ordinance No. 2621 in order to offer incentives to quali~ing 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 and assessments associated with the EastLake site, which are approximately $800,000 to $1 million higher in cost than other candidate locations; and WHEREAS, the City of Chula Vista and the EastLake Development Company wish to provide incentives to Leviton Manufacturing Company to locate their 90,000 sq. ft. office/R&D/warehouse facility within Chula Vista in order to attract high paid R&D jobs and to act as a catalyst for additional business attraction; and WHEREAS, EastLake and the City have collaborated to offer fee reduction incentives including $32,155 in waived processing fees, and $78,475 in Public Facilities Development Impact Fees (PFDIF) NOW, THEREFORE, BE IT RESOLVED, based on the facts and findings set forth above, the City of Chula Vista does hereby authorize the appropriation orS110,630 from the General Fund for payment of Leviton processing fees and public facility development impact fees. Presented by Approved as to form by --- Chris Salomone Community Development Director Resolution 19669 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 16m day of November, 1999, by the following vote: AYES: Councilmembers: Davis, Padilla, Salas and Horton NAYS: Councilmembers: None ABSENT: Councilmembers: Moot Shirley Horror,, Mayor ATTEST: Susan Bigelow, City Cler~ 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. 19669 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