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HomeMy WebLinkAboutReso 2013-075RESOLUTION NO. 2013-075 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING THE APPLICATION TO THE STATE OF CALIFORNIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT TO UPDATE THE TARGETED EMPLOYMENT AREA FOR THE SAN DIEGO REGIONAL ENTERPRISE ZONE V~'HEREAS, the City Council adopted Resolution No. 2006-248 authorizing submission of an application to the State of California Housing and Communih Development Department (HCD) for a San Diego Regional Enterprise Zone (SDREZ) designation including the cities of Chula Vista. San Diego and National City (Partners). and directing the City Manager or his designee to execute the necessary documents and agreements related to the application process; and WHEREAS, HCD approved the Partners application for the Enterprise Zone designation effective October 1 ~. 2006: and WHEREAS, the Partners have an approved Tarseted Employment Area (TEA) incorporating eligible low and moderate income 2010 Census Tracts within the cities of Chula Vista. San Diego and National City as designated areas approved by HCD to encourage Enterprise Zone business to hire TEA residents and therefore receive state tax credits on wages paid to these employees; and R'HEREAS; the City Council of the City of Chula Vista adopted Resolution No. 2010- 024 authorizing the City Manager to submit an application to HCD establishing the aforementioned TEA: and R'HEREAS, the California Enterprise Zone Act requires Enterprise Zone jurisdictions to update TEA boundaries as new United States census data is made available and to approve by resolution or ordinance said boundaries by its governing body: and R'HEREAS; the Partners shall make application for a new TEA incorporating eligible lo~v and moderate income Census Tracts based on the most census data available as set forth in the eligible Census Tract table and the map (Attachments A and B; respectively, to the accompanying Statement presented to the Citv_ Council). which is geographically consistent with the State TEA eligibility criteria so as to maximize job creation opportunities for SDREZ business that hire TEA residents so they can receive state tax credits on wages paid to these employees. NOW; THEREFORE; BE IT RESOLVED that the City Council of the City of Chula Vista does hereby approve the Tareeted Employment Area (TEA) and TEA Application Area boundaries; in the form presented in Attachments A and B, respectiveh~. to the City Council Aeenda Statement. and authorize the Cih~ of San Diego. on behalf of the Partners. to submit the appropriate application to the State of California Department of Housing and Community Development establishing a new 7EA for the SDREZ consistent with the information set forth in those Attachments. Resolution No. 2013-075 Page No. 2 Approved as to form by Glen R. Goggins Cit orne PASSED; APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 7th day of May 2013 by the following vote: AYES: Councilmembers: Aguilar, Bensoussan, Ramirez, Salas and Cox NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: u.<ct~ o Donna R. Norris. C C. Ciri~ Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO CITY OF CHULA VISTA Cheryl Cox, or 1, Donna R. Norris, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2013-075 was duly passed, approved; and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 7th day of May 2013. Executed this 7th day of May 2013. Donna R. Norris. CMC. itv Clerk Presented by