1994 AGN AUG 02 I20 - Laserfiche WebLink

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CITY OF COLTON AGENDA REPORT For Council Meeting of August 2, 1994 TO: Honorable Mayor and City Council FROM: Hani W. Gabriel, Economic Development Director pw� SUBJECT: CONSIDERATION OF REQUEST FOR AUTHORIZATION Date: August 2, 1994 TO CONDUCT ENTERPRISE ZONE EXPANSION STUDY Background In 1989, AB 251 was approved allowing existing State -designated Enterprise Zones to expand zone areas by 15% of the original area. Under this law, each jurisdiction of the Agua Mansa Enterprise Zone can independently expand its Zone boundaries, either in increments or at one time. The expanded boundaries must be contiguous and continuous to the existing Zone boundaries, and zoning must be 51 % commercial and/or industrial. Initially, the City had a total of 241.95 expansion acres available. On October 1, 1991, Colton received State approval to expand its portion of the Enterprise Zone by 22.42 acres. A request for Zone expansion for an additional 95 acres was approved by the City Council on July 19, 1994, and is in the process of receiving final approvals from the Zone's governing board and, finally, the State Department of Commerce. This leaves available approximately 124.53 expansion acres. Discussion In November 1991, the City successfully annexed a County pocket known as the South 44 Annexation Area. A portion of the annexation, located in an area east and west of Riverside Avenue, south of the Santa Ana River to the two -county line, is zoned M-1 and IP (see attached map). To encourage business growth, staff is proposing to conduct a Zone expansion study of this area for the potential expansion of approximately 100 acres. To further enhance development in the immediate vicinity of the new County hospital facility, staff is also proposing to expand the northern boundary of the Zone, currently south of the 1-10 freeway, north of the freeway to include parcels adjacent to the Pepper Ave./W. Valley Blvd./110 intersection (see attached map). This would utilize the remaining 25 expansion acres. It is anticipated that this combined study will utilize all 124.53 acres left available to the City to expand its portion of the Agua Mansa Enterprise Zone. Financial Impact None Page 1 of 2 Item No. Z40