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Resolution No. 4851
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2005 No. 4820-4855
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Resolution No. 4851
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Last modified
6/10/2010 4:49:52 PM
Creation date
8/11/2005 1:41:45 PM
Metadata
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Template:
City Recorder
CMO_Document_Type
Resolutions
Document_Date
8/8/2005
Document_Number
4851
CMO_Effective_Date
8/8/2005
Repeal_Date
6/23/2006
Author
Mary Feldman
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RESOLUTION NO. 485~ <br /> <br />A RESOLUTION ESTABLISHING INTERIM LOCAL CRITERIA <br />APPLICABLE IN THE WEST EUGENE ENTE~RISE ZONE AND <br />ADOPTING A PUBLIC BENEFIT SCORING SYSTEM; AND <br />REPEALING RESOLUTION 4845. <br /> <br />The City Council~ of the City of Eugene finds that: <br /> <br /> A. On April 20, 2005, the City Council adopted Resolution No. 4832 authorizing the <br />City Manager to make application to the State of Oregon for designation of a West Eugene <br />Enterprise Zone. <br /> <br /> B. At the time Resolution 4832 was approved, the Council directed the City Manager <br />to bring back to the Council, prior to July 1, 2005, a resolution adopting interim local criteria <br />consistent with the Public Benefit Criteria adopted in 1997. It was the understanding that new <br />job quality standards would be adopted as soon as practical following notification of a successful <br />designation application, with the intent that 25 percent of the tax exemption benefit for qualified <br />enterprise zone investments would be subject to the job quality standards. <br /> <br /> C. On Jmne 27, 2005, the Cotmcil approved Resolution 4845, adopting Interim Local <br />Public Benefit Criteria and other provisions pertaining to the West Eugene Enterprise Zone in <br />anticipation of the designation of the Zone. Resolution 4845 provided that it would become <br />effective upon adoption by the Council and adoption of a substantially similar resolution by the <br />Lane County Board of Commissioners. On June 29 and on July 12, 2005, the Board of <br />Commissioners adopted orders, but they were not substantially similar to Resolution 4845. This <br />resolution replaces Resolution 4845. <br /> <br /> On August 2, 2005, the Board amended its July 12, 2005 order revising the <br />interim local criteria. This Resolution is substantially similar to Order #05-8-2-5. <br /> <br /> E. On Jmne 28, 2005, by Director's Order No. DO-05-130, the Oregon Economic and <br />Community Development Department approved the application and designated the West Eugene <br />Enterprise Zone, effective July 1, 2005. <br /> <br /> F. The Public Benefit Criteria attached as Exhibit A hereto reflects the scoring <br />system adopted by Resolution No. 4548 on December 1, 1997 with the formula fbr calculating <br />the public benefit contribution adjusted to reflect the Council's desire to condition 25 percent <br />(formerly 15 percent) of the tax exemption on the public benefit criteria. <br /> <br /> G. Support of existing businesses and retention of existing jobs are important <br />elements of the West Eugene Enterprise Zone, and those elements should be discussed during the <br />development of permanent standards and public benefit criteria. <br /> <br />Resolution- 1 <br /> <br /> <br />
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