HomeMy WebLinkAbout98-01 RDA ResolutionRESOLUTION NO. RDA 98-01
A RESOLUTION OF THE REBEVEI~PMENT AGENCY OF
THE CITY OF TEMECULA APPROVING AN OWNER
PARTICIPATION AGREEMENT BY AND BETWEEN THE
REDEVELOPMENT AGENCY OF THE CITY OF
TEMECULA AND GENERIC MANUFACTURING A CA
CORPORATION
THE CITY COUNCIL OF THE CITY OF TEMECULA DOES I-IERgRY 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 11,115 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 a half (11/~) 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 Facih'~ 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.
Re~o~.~RDA 9801 1
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
removing blight 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 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 Generic Manufacturing, a California
Corporation in substantially the form attached hereto as Exhibit A.
PASSEl), APPROVED AND ADOPrI~, by the Redevelopment Agency of the City of
Temecula at a regular meeting on the 2?th day of January 1998.
, Chairperson
A~T:
~usarJ W. Jones, ~EMC. [
A~ct~g Agency S~/City Clerk
[SEAL]
Roaos.~DA 98-01
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CITY OF TEMECULA)
I, Susan W. Jones, Acting Secretary of the Temecula Redevelopment Agency, do hereby
certify that the foregoing RDA Resolution No.98-01 was duly and regularly adopted by the Board
of Directors of the Temecula Redevelopment Agency at a regular meeting thereof held on the 27 th
day of January, 1998, by the following vote:
AYES: 5 AGENCY MEMBERS:
Lindemans
Comerchero, Ford, Roberts, Stone,
NOES:
0 AGENCY MEMBERS: None
ABSENT: 0 AGENCY MEMBERS: None
uxS.~~. Jones, t3i,.Mt.;
Acting Agency Sectotal~City Clerk
Resos.~RDA 98-01 3