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HomeMy WebLinkAboutCouncil Agenda StatementCITY OF NATIONAL CITY, CALIFORNIA COUNCIL AGENDA STATEMENT MEETING DATE: May 21, 2013 AGENDA ITEM NO. ITEM TITLE: A Resolution authorizing the application to the State of California to update the "Targeted Employment Area" for the San Diego Regional Enterprise Zone PREPARED BY: Alfredo Ybarra DEPARTMENT: Housing and Grants PHONE: 619 336-4279 APPROVED BY: EXPLANATION: State law currently authorizes forty-two Enterprise Zone (EZ) designations in California with two stated legislative purposes for the of the EZ Program: 1) To "stimulate business and industrial growth in the depressed areas of the State"; and 2) To establish a program "to help attract business and industry to the state, to help retain and expand existing state business and industry, and to create increased job opportunities for all Californians." Essentially, EZs are competitively designated based upon distress criteria (primarily poverty and unemployment levels) and the local government's capacity to carry out an economic development program and provide additional local incentives, EZs are designated for 15 years, The San Diego Regional Enterprise Zone (SDREZ), a collaborative designation with the Cities of Chula Vista, National City and San Diego (SDREZ Partnership), was approved effective October 15, 2006. The City of San Diego is the lead agency and administrator of the SDREZ and the Port of San Diego is a participating zneniber of the SDREZ Partnership. A "Targeted Employment Area" (TEA) is an area within a city, county, or city and county that is composed solely of those census tracts that have at least 51 percent of its residents of low- or moderate -income levels. Its purpose, according to Section 7072(i) of the Government Code of the State of California, is to encourage EZ businesses to hire eligible residents from these geographic areas, Currently, all census tracts in the City of National City qualify as a TEA. FINANCIAL STATEMENT: ACCOUNT NO. Not Applicable ENVIRONMENTAL REVIEW: Not Applicable ORDINANCE: INTRODUCTION: FINAL ADOPTION: APPROVED: Finance APPROVED: MIS STAFF RECOMMENDATION: Approve resolution as requested. BOARD / COMMISSION RECOMMENDATION: ATTACHMENTS: A. Background B. Target Employment Area Census Tracts C. Target Employment Area Map