2002 AGN NOV 05 I09 - Laserfiche WebLink

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Item #9 REDEVELOPMENT AGENCY FOR THE CITY OF COLTON For the City Council Meeting of November 5, 2002 TO: Honorable Mayor and City Council Members FROM: Candace Cassel, Redevelopment Managero-5 SUBJECT: Consideration and Approval of Resolution Supporting Renewal Re -designation of the Agua Mansa Recycling Market Development Zone. DATE: October 20, 2002 BACKGROUND/DISCUSSION California Public Resources Code Section 42010 allows for the establishment of a Recycling Market Development Zone (RMDZ) program throughout the State. Administered by the California Integrated Waste Management Board (CIWMB), financial and technical incentives are available to eligible businesses within an RMDZ to stimulate the development, stabilization and expansion of domestic markets for post consumer and secondary materials collected statewide. The incentives have proven to be an effective economic development tool in helping to attract jobs and innovative new recycling businesses to locate within an established RMDZ. In August 1993, the Agua Mansa Industrial Growth Association (AMIGA), which is a Joint Power Authority for the administration of the Agua Mansa Enterprise Zone, was granted the Agua Mansa RMDZ designation. The County of Riverside Economic Development Agency (EDA) serves as the lead agency for the administration of the Agua Mansa RMDZ. Pursuant to Section 17900, et seq., of Title 14 of the California Code of Regulations, the Agua Mansa RMDZ boundaries were expanded to increase the size of the zone within the city of Colton and to include portions of the city of San Bernardino in November 1995. All of the industrial zoned properties within the City of Colton at that time were included in the Agua Mansa RMDZ. The current RMDZ designation will expire in March 2003 unless renewed by the CIWMB. Renewal of the Agua Mansa RMDZ will continue to facilitate the regional planning, coordination, support and attraction of recovery -based businesses in the region, as well as provide the City with an economic development tool in attracting private sector recycling business investments to the area, which aids in promoting a balanced economic base in the community. The RMDZ is also an important partnership with other agencies for the purpose of satisfying the mandates of the California Environmental Quality Act and waste reduction requirements. 1:AMeetings\2002 MeetingsVtDA City CouncilANovember 5, 2002\RMDZ Renewal mi ipl.doc