HomeMy WebLinkAboutResolutions - No. 2011-28RESOLUTION NO. 2011-28
A RESOLUTION OF THE LODI CITY COUNCIL
OPPOSING THE GOVERNOR'S BUDGET PROPOSAL
TO END ENTERPRISE ZONE TAX INCENTIVES
WHEREAS, the California's Enterprise Zone originated through the enactment of
two programs in 1984 and 1985 — the Enterprise Zone Act and the Employment and
Economic Incentive Act, respectively; and
WHEREAS, the Enterprise Zone provides a geographically -targeted economic
development tool designed to improve the poor and blighted communities in California by
creating incentives for businesses to hire employees with barriers to employment; and
WHEREAS, the City of Lodi and the State of California are experiencing a
significant economic crisis resulting in unusually high unemployment rates; and
WHEREAS, high unemployment rates contribute to an increase in poverty, crime
and foreclosures; and
WHEREAS, the City of Lodi's Enterprise Zone has worked to combat these
economic problems by utilizing the Enterprise Zone's incentives to encourage local
business retention and expansion, as well as new business attraction; and
WHEREAS, the Governor of California has proposed to eliminate all Enterprise
Zone funding and programs effective January 1, 2011.
NOW, THEREFORE, BE IT RESOLVED by the Lodi City Council that it does
hereby oppose the Governor's budget proposal to end Enterprise Zone Tax Incentives.
Date: March 15, 2011
hereby certify that Resolution No. 2011-28 was passed and adopted by the Lodi
City Council in a special meeting held March 15, 2011, by the following vote:
AYES: COUNCIL MEMBERS— Hansen, Katzakian, Mounce, and
Mayor Johnson
NOES: COUNCIL MEMBERS — None
ABSENT: COUNCIL MEMBERS — Nakanishi
ABSTAIN: COUNCIL MEMBERS — None
= ► JOHL
City Clerk
2011-28