Loading...
Resolution 10681CITY OF ALAMEDA RESOLUTION NO. 10681 FINDING THAT ENTERPRISE ZONE ELIGIBLE AREAS ARE DEPRESSED AREAS AND AUTHORIZING SUBMITTAL OF AN APPLICATION FOR ENTERPRISE ZONE DESIGNATION FOR CENSUS TRACTS 4273, 4274 AND 4276 WHEREAS, the City of Alameda (hereinafter "City") is a charter city within the State of California; and WHEREAS, the City has developed and implemented a comprehensive strategy to sti ulate investment and growth within the City; and WHEREAS, the California Legislature enacted the Enterprise Zone Act on March 20, 1984, as a mechanism to stimulate private investment and business growth in depressed areas of California by providing tax credits and other incentives; and WHEREAS, census tracts 4273, 4274 AND 4276, which are further described in Exhibit A, attached hereto and incorporated herein, are depressed areas within the City needing private investment and development and which are eligible for designation as an Enterprise Zone; and WHEREAS, census tracts 4273, 4274 and 4276 are proposed by the City for designation collectively as an Enterprise Zone by the State of California Department of Commerce; NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Alameda that said Council finds that census tracts 4273, 4274 and 4276 (the "Proposed Area"), which are areas within the City of Alameda eligible for designation as an Enterprise Zone, are depressed areas and that designation collectively as an Enterprise Zone is necessary to attract private sector investment; and gg' _gt-g BE IT FURTHER RESOLVED that the City Manager is hereby authorized to submit an application for Enterprise Zone designation for the Proposed Area to the State Department of pg: Commerce. EXHIBIT "A" 1. Zoning Map 2. Land Use 3. Census Tract 4. Written Description of Eligible Areas / 44N a 2 0 0 N +! 1r z C� WRITTEN DESCRIPTION OF THE BOUNDARIES OF THE ELIGIBLE AND INDUSTRIAL AREA CITY OF ALAMEDA ENTERPRISE ZONE The area for which application for Enterprise Zone designation is being made is bounded on the West by Main Street, :South by Pacific and Lincoln Avenues, East by the boundary between censu =. tract 4273 and 472 and North by the demarcation line in the Oakland Estuary separating the City of Alameda from the City of Oakland. All street boundaries are drawn in the middle of the street pursuant to instructions from the United States Census Bureau. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 2nd of July, 1985, by the following vote to wit: AYES: Councilmembers Corica, Hanna, Lucas, Monsef and President Diament - 5. NOES: None. ABSENT: None. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 3rd day of July, 1985. City Cllerk of the City of Alameda