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HomeMy WebLinkAboutAgenda Report - September 17, 2008 K-014, AGENDA ITEM 41 A% CITY OF LODI %V COUNCIL COMMUNICATION TM AGENDA TITLE: Resolution Approving Boundaries of the Targeted EmploymentArea for the San Joaquin County Enterprise Zone MEETING DATE: September 17,2008 PREPARED BY: City Manager RECOMMENDED ACTION: Adopt a Resolution approving the boundaries of the Targeted EmploymentArea (TEA) for the San Joaquin County Enterprise Zone in conjunction with San Joaquin County and cities of Stockton, Lathrop, Manteca. Tracy and Escalon. BACKGROUND INFORMATION: On January 31,2008, parts of San Joaquin County, including areas of Lodi, received conditional designation as one of the State's eight newest enterprise zones. The purpose of an enterprise zone is to attract business investment and job creation to an economically distressed area through special state incentives over a 15 -year period. One of the primary goals of an enterprise zone is to provide employment opportunities for residents of these areas. The State provides wage tax credits to enterprise zone businesses that hire local workers who live within a "Targeted EmploymentArea (TEA)." Census tracts with 51 percent or more of their households earning less than the state's median household income ($47,493) qualify for inclusion in the TEA. The boundaries of a TEA do not need to correspondwith the enterprise zone, but only Census tracts of jurisdictions participating in the enterprise zone may be included. Residents of the proposed TEA automatically qualify for an Enterprise Zone Hiring Tax Credit voucher. Within the Lodi city limits, the proposed TEA is larger than the enterprise zone boundaries and covers a majority of the City. Of the 15 Census tracts in Lodi, the eight included in the proposed TEA represent 78 percent of the City's population in the 2000 Census. The tracts in the TEA encompass the areas east of Lower Sacramento Road between Lodi Avenue and Turner Road, east of Ham Lane between Lodi Avenue and Kettleman Lane, and east of the Woodbridge Irrigation Canal between Kettleman Lane and Harney Lane. Reynolds Ranch also is part of the proposed TEA as part of a Census tract that extends beyond Lodi's city limits. Establishing TEA will vastly increase the number of eligible individuals from which businesses can select their employees and receive the hiring tax credit. The establishment of the TEA will increase employment opportunities for residents of distressed areas within San Joaquin County, including Lodi, whether they work for a Lodi business or one within another part of the San Joaquin County Enterprise Zone. Census tracts 42,01, 42,03, 42.04, 43.02, 43.06, 44.01, 44.02 and 45.00 in Lodi would be included in the TEA. Census data shows that in 2000 there were 18,259 people employed in those tracts and 1,686 unemployed. APPROVED: (!!reing, City Manager Businesses may claim tax credits of up to $37,440, and sometimes more, over a five-year period for hiring an employee living within a TEA. Businesses may also claim the credit for hiring employees who meet other criteria. All municipal partners in the new San Joaquin County EnterpriseZone, San Joaquin County and the State Housing and Community Development Department must approve the designation of a Targeted Employment Area by resolution or ordinance before it becomes effective. FISCAL IMPACT: None. FUNDING AVAILABLE: N/A BlairgLw/ City Prepareo by Jeff How, Communications Speciaust Attachments: Resoiut on Maps of proposed TEA. List of CensusTracts in proposed TEA RESOLUTION NO. 2008-188 A RESOLUTION OF THE LODI CITY COUNCIL APPROVING BOUNDARIES OF THE TARGETED EMPLOYMENT AREA FOR THE SAN JOAQUIN COUNTY ENTERPRISE ZONE AND AUTHORIZING APPLICATION TO THE STATE OF CALIFORNIA WHEREAS, on January 31, 2008, the San Joaquin County Enterprise Zone received conditional designation from the State of California; and WHEREAS, June, 22, 2008, operations of the San Joaquin County enterprise zone commenced, pending final designation; and WHEREAS, San Joaquin County, in conjunction with the cities of Lodi, Stockton, Lathrop, Manteca, Tracy, and Escalon, will submit the Targeted Employment Area request, concurrent with submission of documentation to complete the necessary steps for final designation. NOW, THEREFORE, BE IT RESOLVED that the Lodi City Council does hereby authorize the submission to the State of California Housing and Community Development Department the proposed San Joaquin County Enterprise Zone Targeted Employment Area Census tracts as show in Exhibit A and any documents required to request the approval of the Targeted Employment Area for the San Joaquin County Enterprise Zone. Dated: September 17, 2008 hereby certify that Resolution No. 2008-188 was passed and adopted by the City Council of the City of Lodi in a regular meeting held September 17, 2008, by the following vote: AYES: COUNCIL MEMBERS — Hansen, Hitchcock, Johnson, Katzakian, and Mayor Mounce NOES: COUNCIL MEMBERS—None ABSENT COUNCIL MEMBERS — None ABSTAIN: COUNCIL MEMBERS— None R I JOHL City Clerk Exhibit A San Joaquin County Targeted Employment Area (TEA) Table of Census Tract Assessments A B C D E Census Tract Median Number of Number of Households Percentage of Households Number Household Households with Less than Median at low to moderate Income in (Total) Household Income levels (State)* (Threshold = 51%) 1 47,493 1,669 1,549 92.8% TEA Eligible 3 47,493 1,156 1,063 92.0% TEA Eligible 4.01 47,493 1,217 756 62.1% TEA Eligible 4.02 47,493 1,999 1,834 91.7% TEA Eligible 5 47,493 871 779 89.4% TEA Eligible 6 47,493 571 471 82.5% TEA Eligible 7 47,493 1,383 1,131 81.8% TEA Eligible 8 47,493 436 407 93.3% TEA Eligible 9 47,493 1,952 1,410 72.2% TEA Eligible 10 47,493 2,046 1,281 62.6% TEA Eligible 11.01 47,493 1,771 1,104 62.3% TEA Eligible 11.02 47,493 2,038 1,496 73.4% TEA Eligible 13 47,493 1,978 1,386 70.1% TEA Eligible 14 47,493 1,880 1,408 74.9% TEA Eligible 15 47,493 1,950 1,492 76.5% TEA Eligible 16 47,493 645 529 82.0% TEA Eligible 17 47,493 1,119 953 85.2% TEA Eligible 18 47,493 1,093 856 78.3% TEA Eligible 19 47,493 1,411 1,193 84.5% TEA Eligible 20 47,493 1,130 899 79.6% TEA Eligible 21 47,493 1,241 854 68.8% TEA Eligible 22 47,493 1,941 1,594 82.1% TEA Eligible 23 47,493 1,380 1,168 84.6% TEA Eligible 24 47,493 1,807 1,381 76.4% TEA Eligible 25.01 47,493 948 635 67.0% TEA Eligib SW STkn 25.02 47,493 1,743 1,120 64.3% TEA Eligible 27.01 47,493 1,709 1,332 77.9% TEA Eligible 27.02 47,493 1,057 812 76.8% TEA Eligible 28 47,493 827 585 70.7% TEA Eligible 31.08 47,493 1,888 1,141 60.4% TEA Eligible 31.09 47,493 2,190 1,232 56.3% TEA Eligible 31.1 47,493 1,571 1,156 73.6% TEA Eligible 31.11 47,493 1,757 1,130 64.3% TEA Eligible 31.13 47,493 2,075 1,607 77.4% TEA Eligible 32.05 47,493 1,313 708 53.9% TEA Eligib NW Stkn 32.11 47,493 1,891 1,118 59.1% TEA Eligible 32.15 47,493 1,630 1,018 62.5% TEA Eligible 33.05 47,493 1,500 842 56.1% TEA Eligible 33.06 47,493 1,423 1,044 73.4% TEA Eligible 33.07 47,493 1,826 1,400 76.7% TEA Eligible 33.08 47,493 693 571 82.4% TEA Eligible 33.09 47,493 2,020 1,733 85.8% TEA Eligible 33.1 47,493 1,495 1,058 70.8% TEA Eligible 33.11 47,493 1,098 712 64.8% TEA Eligible 34.03 47,493 1,191 619 52.0% TEA Eligib N Stkn- W of West Lane 34.04 47,493 1,770 1,343 75.9% TEA Eligible 34.05 47,493 1,090 728 66.8% TEA Eligible 34.06 47,493 1,197 1,019 85.1% TEA Eligible 34.07 47,493 831 700 84.2% TEA Eligible 34.08 47,493 2,597 1,404 54.1% TEA Eligib NE Stkn 36.01 47,493 1,315 802 61.0% TEA Eligible 36.02 47,493 928 518 55.8% TEA Eligib Waterloo, Noble Acres 37 47,493 1,031 776 75.3% TEA Eligible 38.03 47,493 1,001 712 71.1% TEA Eligible 39 47,493 423 249 58.9% TEA Eligible 40.01 47,493 1,038 812 78.2% TEA Eligible 41.02 47,493 1,245 756 60.7% TEA Eligible 42.01 47,493 2,484 1,527 61.5% TEA Eligible 42.03 47,493 1,443 1,063 73.7% TEA Eligible 42.04 47,493 1,320 782 59.2% TEA Eligible 43.02 47,493 2,230 1,483 66.5% TEA Eligible 43.06 47,493 2,731 1,795 65.7% TEA Eligible 44.01 47,493 2,137 1,678 78.5% TEA Eligible 44.02 47,493 1,311 717 54.7% TEA Eligib SE Lodi 45 47,493 2,162 1,595 73.8% TEA Eligible 47.01 47,493 947 509 53.7% TEA Eligible 48 47,493 1,335 697 52.2% TEA Eligib Linden and E County 49.02 47,493 1,761 953 54.1% TEA Eligib SE county and Escalon 51.06 47,493 936 495 52.9% TEA Eligib S of Manteca 51.08 47,493 1,362 902 66.2% TEA Eligible 51.09 47,493 1,445 1,079 74.7% TEA Eligible 51.11 47,493 254 176 69.3% TEA Eligible 51.13 47,493 1,557 942 60.5% TEA Eligible 51.15 47,493 2,375 1,226 51.6% TEA Eligib S Manteca 51.19 47,493 465 295 63.4% TEA Eligible 51.22 47,493 927 525 56.6% TEA Eligib S of Lathrop/120 corridor 51.23 47,493 1,106 632 57.1% TEA Eligible 51.24 47,493 1,197 809 67.6% TEA Eligible 51.26 47,493 1,378 778 56.5% TEA Eligib N Manteca 53.03 47,493 1,589 1,016 63.9% TEA Eligible 54.04 47,493 1,955 1,072 54.8% TEA Eligible 55 47,493 1,162 659 56.7% TEA Eligible 46 47,493 1,950 997 51.1% TEA Eligib N of Lodi *State median household income is used in Column B because median household income for San Joaquin County is lower than the State figure. r 121'30'0"W 121'22'30"W 121'15'0"W 121730"W 121'0'0"W I E� °qY RE K Eaatm Jackson II a� I _ GOOGE gEEK / / Norm to O O RT LF 2 PROUTY % `,/L 'AGE-- r AGEr Z 3 YDTE GRFF C °O0 NONM1 W GG �r J COYOTE CREEK / O M B A R B E R 9acramenW OORY GREE °M / � M NTo COUNTY _ x r L B E R T_ Y_ _ --- LIBERTY _ m___ LAUFFER I_ SACRAME w mi z OEEK LIBERTY x U LIBERTY L I B E R T Y _- -- - � x rn T t1t n t1 DRV OP CO I / Yy > H 1 WALNUT GROVE SPIESS U F J w OF V S TA F r K u O m w V oP P E w _ z 7 F ? 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C T C A N g T O 6 VERNALIS V E R N A L I S O East OHM Modes, to °Chrisman J Z RRq< CO RRAL H°L ; o H EK GRE Vernalis r Z M B L E W E i i Soum W M Santa Nella r M OW GOV PEEK .� 4 REEK �P EE G I SP N E 4~ Boum W NOR" V Ole y Los Aigeles FORM O °15.00 F TREE SULPHER Sp C RTNGS FF G � UL C N CREEK MIDDLE FORK LONE TREE CREEK P EEK y W� CRx L EG PEG prH `PEEN �N a I m I SANJOAQUINCOUNTY ENTERPRISE ZONE X008 Z TARGETED EMPLOYMENT AREA I p M Z San Joaquin County Geographic Information Systems 1810 East Hazelton Avenue, Stockton, CA 95205 The information on this map is based on the most current information available to San Joaquin County Geographic Information Systems. The County of San Joaquin does not warrant its accuracy or suitability for any particular purpose. The information on this map is not intended to replace engineering, financial or primary records research. Printed: 06/10/2008 DB 121030'0"W 121'22'30"W 121015'0"W 121'7'30"W 121'0'0"W Lodi Census Tracts in proposed Targeted Employment Area