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CC Resolution 2013-017RESOLUTION NO. 2013 - 017 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, IN SUPPORT OF ENTERPRISE ZONES WHEREAS, the Coachella Valley Enterprise Zone Authority ( "CVEZA "), created under a Joint Powers Authority with the City of Coachella, the City of Indio and Riverside County received its designation on November 11t', 2006, under the California's Enterprise Zone program that was established in 1984 by the Legislature to stimulate business investment in depressed areas of the state and create job opportunities for Californians; and WHEREAS, CVEZA has contributed to eliminating high unemployment rates and business closures, and has provided incentives to encourage new businesses to locate within the Enterprise Zone and existing businesses to expand their operations; and WHEREAS, according to the findings and declarations of the Enterprise Zone Act, it is in the economic interest of the state to have one strong, combined, and business - friendly incentive 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; and WHEREAS, Enterprise Zones create and retain jobs. According to the California Association of Enterprise Zones, in 2010, more than 118,000 jobs were created while California experienced unprecedented unemployment; and WHEREAS, Enterprise Zones attract businesses lo California and retains them. Once a zone is approved, businesses construct facilities, purchase equipment, hire workers and make other investments; and WHEREAS, Enterprise Zones provide a geographically targeted economic development tool designed to improve poor and blighted communities. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of La Quinta, California, formally supports the positive benefits of the Enterprise Zone program in local communities and on a statewide economic level; and NOW, THEREFORE, BE IT FURTHER RESOLVED, that the City Council of the City of La Quinta, California authorizes its staff to communicate its support for Enterprise Zones and opposition to any proposal that would threaten their existence. Resolution No. 2013 -017 Support of Enterprise Zones Adopted: April 16, 2013 Page 2 PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta City Council held on this 16th day of April 2013, by the following vote: AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph NOES: None ABSENT: None ABSTAIN: None ar�k"-- DON ADOIJKH, M2 City of La Quinta, California ATTEST: SUSAN MAYSELS, Idity Clerk City of is - Quinta, :California r (CITY SEAL) APPROVED AS TO FOR M. KATHERINE JENSO , City Attorney City of La Quinta, California