Loading...
HomeMy WebLinkAbout98-009 CC ResolutionRESOLUTION NO. 98-09 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMF. CULA APPROVING AN OWNER PARTICIPATION AGREEMENT BY AND BETWEEN THE CITY OF TEMECULA AND GENERIC MANUFACTURING A CALIFORNIA CORPORATION THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY DETERMINE, RESOLVE, AND ORDER AS FOLLOWS: Section 1. Findings. The City Council of the City of Temecula hereby makes the following findings: A. Generic Manufacturing (Participant) has proposed to relocate from Corona to Temecula and purchase an 11,118 sq. ft. building which is located within the Redevelopment Area to be used for manufacturing labels, cappers and fillers for bottling. B. The total cost of the building and equipment for the new facility should not be less than $810,000. C. Participant anticipates employing thirty-one (31) employees within eighteen (18) months, sixteen (16) immediately and fifteen (15) within one and half (11/2) years. The average annual salary will be $25,000 - $28,000 per year. D. In order to induce Owner to relocate the Facility to Temecula and employ Thirty- one (31) employees, the following steps will be taken: 1. The Redevelopment Agency of the City of Temecula will reimburse the Participant a total of $10,000 relocation expenses incurred in connection with the move of the business from the City of Corona to the Facility in the City of Temecula, subject to the following conditions: a). Participant will agree not to relocate Facility from the City of Temecula for five (5) years from the date of the Agreement. b). Participant will agree to relocate business activities to the City of Temecula by employing thirty-one (31) employees with average salaries of $25,000 - $28,000 per year within one and half years (1%) years of the date of this Agreement. E. Pursuant to § 33444.6 of the California Community Redevelopment Law, the Redevelopment Agency finds that the proposed financial assistance is necessary for the economic feasibility of the relocation of Amscan to the City of Temecula; and that the relocation assistance could not be obtained on economically feasible terms from the private market and will assist in R¢sos\98-09 I eliminating flight in the Project Area · F. This project is exempt from the provisions of the California Environmental Quality Act on the grounds that the impacts of an Agency action such as this were part of the E1R for Plan approval pursuant to CEQA buildings § 15180. The Council finds that no facts exist to justify a subsequent or supplemental EIR under CEQA Guidelines §15162 and 15163. Section 2. Based upon the above findings, the City Council of the City of Temecula hereby consents to the approval of the Owner participation Agreement by and between the Redevelopment Agency of the City of Temecula, the City of Temecula and Generic Manufacturing, a California Corporation in substantially the form attached hereto as Exhibit A. PASSED, APPROVED AND ADOPTED, by the City Council of the City of Temecula at a regular meeting on the 27th day of January 1998. Ron Roberts, Mayor ATTEST: City ClerkS. [SEAL] Resos\98-09 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Susan W. Jones, Acting City Clerk of the City of Temecula, California, do hereby certify that Resolution No. 98-09 was duly and regularly adopted by the City Council of the City of Temecula at a regular meeting thereof held on the 27 th day of January, 1998, by the following vote: AYES' 5 COUNCILMEMBERS- Comerchero, Lindemans, Ford, Stone, Roberts NOES' 0 COUNCILMEMBERS' None ABSENT: 0 COUNCILMEMBERS: None ity Cl~~j Resos\98-09 3