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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. R-91-11 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON APPROVING AMENDMENT NO. 1 TO THE 2006 MEMORANDUM OF UNDERSTANDING BY AND AMONG THE CITIES OF COLTON AND SAN BERNARDINO, THE COUNTY OF SAN BERNARDINO AND THE INLAND VALLEY DEVELOPMENT AGENCY FOR THE SAN BERNARDINO VALLEY ENTERPRISE ZONE WHEREAS, on April 15, 2006, the City Council of the City of Colton adopted its Resolution No. R-108-06, authorizing the preparation and submittal of a multi jurisdiction application to the State of California Department of Housing and Community Development ("HCD"), for designation of the San Bernardino Valley Enterprise Zone ("SBVEZ"); and WHEREAS, jurisdictions identified in the application included the City of San Bernardino ("City"), the City of Colton, ("Colton"), the County of San Bernardino ("County"), and the Inland Valley Development Agency ("IVDA"), collectively referred to as the "Parties'; and WHEREAS, the purpose of the enterprise zone program is to stimulate business and industrial growth in depressed areas of the State of California by providing monetary incentives to businesses that create economic activity within the zones and relaxing regulatory controls that impede private investment; and WHEREAS, on August 15, 2006, the City of Colton authorized a Memorandum of Understanding ("MOU") by and among the Parties setting forth each Parties' duties and responsibilities in managing the SBVEZ; and WHEREAS, on March 5, 2009, HCD issued the SBVEZ final designation status with a retroactive effective date of October 15, 2006; and WHEREAS, the Parties to the MOU have been jointly managing the administration and sharing in the marketing responsibilities of the SBVEZ in accordance with the provisions of the MOU; and WHEREAS, the Parties to the MOU collectively agree that certain modifications to the duties and responsibilities for each jurisdiction should be made in order to more efficiently manage the SBVEZ in furtherance of the common goals of the Parties in the form of Amendment No. 1 to the MOU, attached to this Resolution as Exhibit A ("Amendment No. 1"); and WHEREAS, the Parties collectively agree that the City of San Bernardino shall, either directly or through its designee, act as the Zone Manager and the Vouchering Agent for the SBVEZ, responsible for all duties, responsibilities and funding identified and associated with those positions. 1