HomeMy WebLinkAboutReso 1999-19670 COUNCIL RESOLUTION NO. 19670
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA REPROGRAMM1NG $80,000 1N CDBG FLFNDS
FOR PAYMENT OF LEVITON ASSESSMENT DISTRICT AND
MELLO ROOS FEES
WHEREAS, the City 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 qualifying technology-based companies to encourage their location within the EastLake Business
Center Phase 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 H, 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 an $80,000 CDBG grant for payment of Assessment District 90-3 and a portion of Leviton's
Mello Roos fees; and
NOW, THEREFORE, BE IT RESOLVED, based on the facts and findings set forth above,
the City of Chula Vista does hereby authorize the reprogramming of $80,000 in unused previously
appropriated Community Development Block Grant funds for payment of Leviton Assessment
District 90-3 and a portion ofLeviton's Mello Roos fees
Presented by Approved as to form by
Community Development Director
Resolution 19670
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 16~ day of November, 1999, by the following vote:
AYES: Councilmembers: Davis, Padilla, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: Moot
Shirley Horton~Mayor
ATTEST:
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. 19670 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 16a' day of November, 1999.
Susan Bigelow, City Clerk