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HomeMy WebLinkAbout11-066 CC Resolution RESOLUTION NO. 11-66 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA SUPPORTING THE CONSTRUCTION OF A PRIVATELY FINANCED STADIUM IN THE CITY OF INDUSTRY, CALIFORNIA THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS: Section 1. The City Council of the City of Temecula supports attracting new forms of employment, revenue and family-friendly entertainment to the Inland Empire; and Section 2. The National Football League (NFL) provides entertainment for all ages and there is not an existing NFL team in Los Angeles, Orange, San Bernardino or Riverside counties; and Section 3. Majestic Realty Company proposes to develop in the nearby city of Industry, a state-of-the-art football stadium, accompanied by 2.9 million square feet of commercial space, including office space, retail space restaurant space, a live theater with 5,000 seats and a movie theater with 1,200 seats; and Section 4. The project will be privately funded and will be of no cost to taxpayers; and Section 5. The location of the proposed project at the intersection of the 57 and 60 freeways are within a 25-mile radius of 12 million people and easily accessible to residents of Los Angeles, Orange, San Bernardino and Riverside counties; and Section 6. It is estimated that the project could bring more than 6,735 new permanent jobs to the area and will create new business opportunities and increase revenue to existing businesses; Section 7. The City Clerk shall certify the adoption of this resolution. NOW THEREFORE, BE IT RESOLVED, that the City of Temecula supports the construction of a privately financed football stadium and commercial space in the City of Industry, California. R:/Resos 2011/Resos 11-66 1 PASSED, APPROVED, AND ADOPTED by the City Councii of the City of Temecula this 27 day September, 2011. Ron Roberts, Mayor ATTEST: usan W. J nes, MC ' Clerk [SEAL] R:/Resos 2011/Resos 11-66 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Susan W. Jones, MMC, City Clerk of the City of Temecula, do hereby certify that the foregoing Resolution No. 11-66 was duly and regularly adopted by the City Council of the City of Temecula at a meeting thereof held on the 27 day of September, 2011, by the following vote: AYES: 5 COUNCIL MEMBERS: Comerchero, Edwards, Naggar, Washington, Roberts NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None , �, Susan . Jones, MMC City Clerk � R:/Resos 2011/Resos 11-66 3