HomeMy WebLinkAbout97-04 RDA ResolutionRESOLUTION NO. RDA 9704
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF TEMECULA APPROVING AN OWNER
PARTICIPATION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA AND AMSCAN INC., A NEW YORK
CORPORATION
THE CITY COUNCIL OF THE CITY OF TEMEC~A DOES HEREP, Y DETERMINE,
RESOLVE, AND ORDER AS FOLLOWS:
Section 1. Findings. The City Council of the City of Temecula hereby makes the
following findings:
A. Amscan (Participant) has proposed to construct a additional 110,000 square feet to
its existing building to be used for the manufacturing of wholesale paper party goods and
decorations
B. The total cost of the building and equipment for the new facility should not be less
than 3.5 million.
C. Participant presently employs eighty (80) full-time employees at the Rancho
California component of the Site. Participant proposes to employ thirty four (34) new full-time
employees within (3) three years from the date of the initiation of business activities at the new
Facility The average annual salary will be $20,800 per year beginning in 1995.
D. Permit fees for the expansion are estimated at $100,000, including water and sewer.
E. In order to induce Owner to locate the Facility in Temecula and expand by adding
thirty four (34) new employees, the following steps will be taken:
1. The Redevelopment Agency of the City of Temecula will pay Amscan ten thousand
($10,000) to assist in paying for permit fees.
2. Participant will agree not to relocate Facility from the City of Temecula for five
(5) years from the date of the Agreement.
3. Participant will agree to expand business activities in the City of Temecula by
adding a minimum of thirty four (34) new employees with average salaries of $20,800 per year
within three (3) years of the date of this Agreement.
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F. 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
removing blight in the Project Area.
G. 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 EIR 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 Redevelopment Agency of the City of
Temecula hereby approves the Owner participation Agreement by and between the Redevelopment
Agency of the City of Temecula, the City of Temecula and Amscan, Inc. a California Corporation
in substantially the form attached hereto as Exhibit A.
PASSED, APPROVED AND ADOPTED, by the Redevelopment Agency of the City of
Temecula at a regular meeting on the 27 day of May 1997. / /-~
ATTEST:
Board Secretary/City Clerk
[SEAL]
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STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE)
CITY OF TEMECULA)
SS
I, June S. Greek, Agency Secretary of the City of Temecula, California, do hereby certify
that Resolution No. RDA 97-04 was duly and regularly adopted by the City Council of the City
of Temecula at a regular meeting thereof held on the 27 day of May, 1997, by the following vote:
AYES:
5 AGENCY MEMBERS: Birdsall, Lindemans, Roberts, Stone, Ford
NOES:
0 AGENCY MEMBERS: None
ABSENT:
AGENCY MEMBERS: None
June S. Greek~ cMC/AAE
Board Secretary/City Clerk
R¢~os.RDA\97-04 3