HomeMy WebLinkAboutAgenda Report - March 6, 2013 C-20 PHAGENDA ITEM Cl# ZO
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COUNCIL COMMUNICATION
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AGENDA TITLE: Set Public Hearing for March 20, 2013, to Consider Extending the Economic
Development Rates
MEETING DATE: March 6, 2013
PREPARED BY: Electric Utility Director
RECOMMENDED ACTION: Set a Public Hearing for March 20, 2013 to consider extending the
Economic Development Rates.
BACKGROUND INFORMATION: For the past 18 months, the City of Lodi has offered a pair of electric
rate discounts: New Business and New Jobs. Year-to-date, 22
customers have signed up to receive one of the two rate discounts
As of February 1, 2013, this has resulted in a total savings of approximately $346,000 for the participating
businesses.
Both of these rate discounts expire on June 30, 2013. Staff is recommending that both rate discounts,
which serve as excellent economic development tools for the City of Lodi, be extended from July 1, 2013
to June 30, 2015 under the following guidelines:
New Business Rate Discount: provided for 12 consecutive months; all new businesses assigned to the
G2, G3, G4, G5, or 11 electric rate will receive a 5% discount per month; all new businesses assigned to
the G1 electric rate will receive a "flat monthly credit" of $25 per month.
New Jobs Rate Discount: provided for 12 consecutive months; all new hires must be new, full-time
positions; there is a maximum 8% rate discount available, and the discount is provided in "bands" as
shown below:
Number of New, Full -Time Employees
Percentage Discount
1-3
2%
4-6
4%
7-9
6%
10+
8%
FISCAL IMPACT: From July 1, 2011 to February 1, 2013, the discounts have totaled $346,000. It is
anticipated that the total discount will exceed $400,000 by June 30, 2013. The
magnitude of the financial impact for the proposed July 2013 to June 2015 rate
discounts will be dependent upp9n the total number of participants.
FUNDING: Not applicable. --
i a eth A. Kirkley
Electric Utility Director
PREPARED BY: Rob Lechner, Customer Service & Programs Manager
EAwRsvist
APPROVED:
Konradt Bartlam, City Manager
C. `
SUBJECT:
PUBLISH DATE:
Please immediately confirm receipt
of this fax by calling 333-6702
CITY OF LODI
P. O. BOX 3006
LODI, CALIFORNIA 95241-1910
ADVERTISING INSTRUCTIONS
PUBLIC HEARING TO CONSIDER EXTENDING THE ECONOMIC
DEVELOPMENT RATES
SATURDAY, MARCH 9, 2013
TEAR SHEETS WANTED: One (1) please
SEND AFFIDAVIT AND BILL TO:
LNS ACCT. #0510052
7-- 1 t: 4k.
ORDERED BY:
THURSDAY, MARCH 7, 2013
fiNIFER U. ROBISON, CMC
SISTANT CITY CLERK
forms\advins.doc
RANDI JOHL, CITY CLERK
City of Lodi
P.O. Box 3006
Lodi, CA 95241-1910
RANDI JOHL
CITY CLERK
MARIA DITMORE
ADMINISTRATIVE CLERK
04�'Op��P DECLARATION • POSTIN
PUBLIC HEARING TO CONSIDER EXTENDING THE
ECONOMIC DEVELOPMENT RATES
On Thursday, March 7, 2013, in the City of Lodi, San Joaquin County, California, a
Notice of Public Hearing to consider extending the economic development rates
(attached and marked as Exhibit A) was posted at the following locations:
Lodi Public Library
Lodi City Clerk's Office
Lodi City Hall Lobby
Lodi Carnegie Forum
I declare under penalty of perjury that the foregoing is true and correct.
Executed on March 7, 2013, at Lodi, California.
AA AA
4L�NNIFERM ROBISON,
ASSISTANT CITY CLERK"
N:\Administration\CLERK\Forms\DECPOSTEUD.DOC
ORDERED BY:
RANDIJOHL
CITY CLERK
MARIA DITMORE
ADMINISTRATIVE CLERK
• CITY OF LODI
Carnegie Forum
' 305 West Pine Street, Lodi
NOTICE OF PUBLIC HEARING
Date: March 20, 2013
Time: 7:00 p.m.
For information regarding this notice please contact:
Randi Johl
City Clerk
Telephone: (209) 333-6702
NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that on Wednesday, March 20, 2013, at the hour
of 7:00 p.m., or as soon thereafter as the matter may be heard, the City Council
will conduct a public hearing at the Carnegie Forum, 305 West Pine Street, Lodi,
to consider the following matter:
a) Extending the economic development rates.
Information regarding this item may be obtained in the Electric Utility
Department, 1331 South Ham Lane, Lodi, (209) 333-6762. All interested persons
are invited to present their views and comments on this matter. Written
statements may be filed with the City Clerk, City Hall, 221 West Pine Street,
2"d Floor, Lodi, 95240, at any time prior to the hearing scheduled herein, and oral
statements may be made at said hearing.
If you challenge the subject matter in court, you may be limited to raising only
those issues you or someone else raised at the public hearing described in this
notice or in written correspondence delivered to the City Clerk, 221 West Pine
Street, at or prior to the close of the public hearing.
By r of the Lodi City Council:
Ra I
City Clerk
Dated: March 6, 2013
Approved as to form:
D. Stephen Schwabauer
City Attorney
CLERMPUBHEARINOTICES1Noteud.doc 3/6/13