HomeMy WebLinkAbout2010 Resolution No. 086•
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RESOLUTION NO ._&_
SERJES OF 2010
A RESOL UTION AUTHORIZING A REQUEST TO THE STA TE OF COLORADO FOR A
2011 ENTERPRJSE ZONE MARKETING GRA:,IT FO R USE TO FUND MARKEfING AND
ADMINlSTRA TIVE ACTIVITIES AS SO CIA Tl'D WITH THE ARAPAH OE CO UNTY
ENTERPRI SE ZONE .
WHEREAS , m 1990 the Ci ty of Englewoo d ap plied to the Colorado Departm ent of Local
Affairs and was granted, Enter;•ri se Zone status fo r• majorit y of the ind ustrially and
conuncrciall y zoned property in U1e City of Englewood; and
WHEREAS , the State Economic Deve lopment Commi ss ion has a competiti ve gra ·Jt prog."'lm
for marketin g o.r.J admi~i strativ e su pport of Enterpri se Zones; and
WHEREAS , the Eut erpri se Zone is used in the City to initiate business retentio n .md
co mmuni ty marketing activities; and
WHEREAS , by enco'11'8ging bu sinesses to take advantage of Enterpri se Zo ne tax credits, and
highl ight the Englewood business communi ty; and
WHEREAS , the Col orado St ate Economic Deve lopment Commis sion requ ires tlrnt the City
provide mat ching fu n~s to mee~ Grant requi rements; and
WHEREAS , the Grant and related Agreeme nt between the State of Co lorado Economic
Develop ment Commis sio n and the City of Eng lewood pl edges $12,500.00 in loca l matching
fund s to meet this obli ga ti on; an d
WHEREAS , matchin g funds have been all ocated in Comm unit y Development's 201 : bud get ;
and
WHEREAS, this Grant and th e matching fund s ,,ill be used for a variety o f Enterpri se Zone
marketin g and admi ni strat ive ac tivi ties in th e Cit y of Eng lew ood ;
NOW , THEREFORE, BE IT RESOLVED BY THE CITY COUN IL OF THE CITY OF
ENGLEWOOD, COLO RAD O, TI-IA T:
Section I. TI1 e Ci ty Council of the Ci ty of Englewood, Colorado auth ori zes th e requ est fo r the
State of Co lora do 20 11 Ent erpri se Zo ne Marketing Gran t from th e Stat e of Co lorad o, Economic
Development Commis~ion, and the Cit y of Engl ewoo d for a Grant of $12 ,500 .00 to be used for
Enterpri se Zone Marketi ng and Admini strative activities .
Section 2. The Director of Community Deve lopm ent is author ized to request thi s Grant fo r
and on bclmlf of 1hc City of Englewoo d.
AD p·1 ED A D Al'PR OV ED this 6th day of Dcccmho r, ~010.
James K. Woodwa rd , Mnyor
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I, I .\mcri shi-, •\. [llis, Cil y Clerk fo r ~7 Ci l)' of !:nglcwo0d, Colorado,, hcrcby certify the
.1bov c i~-n tnic c0 py o r Re so h1ti on o .. elf/!_ Series \lf 20 10 (// .....
'a;_ WI l i
I Ol ri :-hin A. I :Ills . it y lcrk
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COUNC IL COMMUNIC •\TIO
Date:
December 6, 10 10
I ni tiat ed By:
Agenda It em:
11 Ci
Community Oe\-e lu pm en t De partmen t
Subi ect :
~011 Ent erpris e Zone Marketing c,,:__ -l
Staff So urce: I
Darren H o llingsworth
Eco nomic D e\ elo pme nt Coordinat or
COUNCIL GOA i · •JO PREV IOUS COUNC IL ACT ION
Community Dl'..,c1op m en 1 Goal: Initia te business retenti on. revitalizati on, and gr0\\ th stra tegies.
Co mmunity D,5clopmcnt Go;\I, Leve rage City resources throu gh grant funding. Cit y Co ur~ci l ha s
approved 13 pre · · ~ ma·keting and administra tio n grant contrac ts wi th the State of Colorado -
Ec onom ic Develupi ,-: "?r1t ·0111missi on in supp ort o f th e A rapa h oe County En terprise Zone.
RFCOMMENDED ACT ION
A llached is a resol utio n au th orizing the Ci ty to ,cq ues t a gran t in th e am ount cf S 11 ,500 fro m the
Sta te of Co lorad o -Eco no mi c De, elopmen t Commission (EDC). If app . 0 1 e d, the gra nt would be
used to fund mark eti ng and adm ini stra th e dCthllie~ associa ted w ith th e Arap~1hoe Co unty
Ent erprise one.
RA CKGROU JD ,' I LYS IS, M !C ALTE RNAT IVES IDEN TI FIED
In 1990, th e Ci ty c1 1 o th t:' Stat 0 1 Colorad o and \\ilS gran ted En terpris e Zone statu r, fo r a
majo"i t) 01 t11 e mdusu 1.111) and co mmcrci.,II\ zoned propt>rl\ 111 Engle\\ood. [ngle\\'ood sta f
•. 11 1:11i11b teb th e" Ar,"hlhue Cuun t) [ntcrpri!t~ Zrn\L for the ritil.) ;1 ShL•r idJn , Ln tl cton, :md
[n~ll1\\ ood The [cc1r 11111c De\ e lo pm e nt Comnw,sion hJs ,1 c ompet1t1 \ e grJ nt program for
[n !Prpni..p :'ones,\\ h1ch pro\ ,de markt•tm g ,ind ,1dmum tr.1t1, ':' 1111.1nL1,1I ,upI1ort. If ap pr m ed this
,, t11 hr th e I Ci 11, co n~f'c-utt , e ye .:i.r Engle,, ood h.:ts .i t,>plieU tor ~1 I ·d rec.eh e.l ,unclin g to ,1 dr111ni s1er and
markt't th t= A r,1pah oe Co unt) fnte rpris e Zorn!.
Tlw fnlt>r prh,e Zo ne \\arketin g G i ant is used 10 ~tipporl h11 ,1n L•~<; retr•nt1un ,m d co rnn11m1t )
.11a rke1ing Jeth 1t ies. 1\ \arke tm g dCl h ities funclp d , ith this grJnt t ncourage bus in esses l o tak e
.1 d,,111t r1 ge rn [11terprise Zone lJ\ < rt'dih and hi [;hl1 ~~h I tht' [ngle,\'ood busin c,~ communi ty.
FINA NC IAL IMP ACT
T;,e [cono111 1c Developnw1 1t (1)111 111 1!is 1on r~q u1re:, that thP Ci ty prm 1d~ ma td11ng1und s lo llH:,e t
gran t re ql11r e ment \. The ,1u.1 d1ed <.:o nt rac t hetw een th e Eco norrnc D e, eloµme11 t Co1111111s!i ion and
thl~ Ci t) 01 Engle" ood pl d~t'" S 1 ~. ;o 111 loc.1l 111Jtc..:hm g nmds to mee t thi~ o l>li g,:1 11 011 . \.it ching
funds ar e prol'ided by staff tim e, maintaining EnglewoodSi tes.com an d promotional ma terials. •
The se mat c h in g funos are included in the 201 I Co mmunity Dev el o pment D epartm ent's budget.
LI ST OF ATTAC HMENTS
Prop ose d Rt>so h11i o n
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