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HomeMy WebLinkAboutResolution 2012-087 relating to job creationMARANA RESOLUTION NO. 2012-087 RELATING TO ECONOMIC DEVELOPMENT; ADOPTING THE MAR.ANA JOB �REATION INCENTIVE PROGRAM AND AUTHORIZING THE TOWN MANAGER TO ADMINISTER IT WHEREAS A.R.S. § 9-500.11 authorizes the Town to make expenditures in support of economic development; and WHEREAS the Mayor and Council adopted the revised Marana Strategic Plan on March 6, 2012, to establish Marana's vision and action strategies to attract job growth and private investment in the town limits; and WHEREAS the Strategic Plan contains five focus areas, one of which is directly advanced by this resolution—Focus Area 1(Commerce); and WHEREAS the Strategic Plan directs town staff to create various economic development initiatives and strategies, several of which are directly advanced by this resolution—initiative 2a (Review and implement tax strategies to encourage development and expansion of business and industry), initiative 21 (Develop incentive policies to attract career-oriented commerce; i. Research and develop competitive benchmarks; ii. Evaluate the effectiveness of existing policies; iii. Market incentives to potential new employers), initiative 6a (Create economic development concepts for the following: i. Heritage Activity Center, ii. Dove Mountain Activity Center, iii. Tangerine Road I-10 Activity Center, iv. Tangerine Corridor Activity Center, v. Airport Activity Center, vi. Downtown Activity Center, vii. South Marana Activity Center, viii. Twin Peaks Activity Center, ix. Transportation Logistics Zone Activity Center); and WHEREAS the Mayor and Council find that the creation and use for economic development purposes of a fund originating from Marana construction sales tax revenues derived from job-creating businesses and industries is in the best interests of the town and its citizens; and WHEREAS the Mayor and Council find that the use of the fund as authorized by this resolution is of the highest priority during the current economic climate; and WHEREAS the Mayor and Council find that the typical direct moving, transportation, title, recording, and other associated costs of moving an employee into a Marana employee- owned home will exceed $3,000; and Marana Resolution No. 2012-087 - 1- {00020608.DOC / 4} WHEREAS the Mayor and Council find that the Marana Job Creation Incentive Program authorized by this resolution will make Marana more competitive in the attraction, retention and expansion of job-creating businesses and industries; and WHEREAS the Mayor and Council find that the Marana Job Creation Incentive Program will generate more direct and indirect revenue than the cost of the program. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, AS FOLLOWS: SECTION 1. The Marana Job Creation Incentive Program is hereby created, under which the Town Manager is authorized to implement the economic incentives set forth in this resolution at a cost, for each Targeted Employer, not to exceed the Marana construction sales t� revenues received by the Town for the construction of that Targeted Employer's facility. SECTION 2. The economic incentives authorized by this Marana Job Creation Incentive Program include the following: A. Emplovee Relocation Expense Allowance. An allowance of $3,000 to cover moving, transportation, title, recording, and other costs associated with relocating an eligible employee, through an employer-assisted housing program, to an employee- purchased residence within the town limits of Marana. Only one $3,000 allowance shall be permitted for each employee-purchased residence. To be eligible, an employee shall have moved from outside of the Marana town limits into an employee-purchased residence within the town limits of Marana and must be an employee of the Targeted Employer who works in Marana. B. Interstate 10 Corridor and Main Arterial Roadwavs Beautification Reimbursement. Actual costs for beautification of Targeted Employer's facilities and adjacent public right-of-way located in the town limits of Marana along the Intersta.te 10 corridor or Marana arterial roads, including installation of landscaping and attractive signage for new and existing Targeted Employer facilities and improvement of existing Targeted Employer facility fa�ades to more closely conform to the adopted Marana commercial design standards. C. Student Internship and Training Opportunities Costs. Actual costs of internship and training programs that educate high school and college students who are Marana residents in the Targeted Employer's primary field of business or industry. D. Job Trainin�. Actual costs of training programs for new or existing employees, including but not limited to the cost of course design and development, instruction costs for job-specific training, training materials and supplies, and training facility rentai. E. Sustainable Development. Actual costs associated with solar and/or wind energy improvements, low environmental impact development, and other green industry best practices. Marana Resolution No. 2012-087 - 2- {00020608.DOC / 4} F. Othe.r Similax Incentives. Actual costs of any other economic incentive similar to those enumerated in this resolution that the Town Manager approves and the Town Attorney determines is within the town's legal authority. SECTION 3. For purposes of this resolution, a"Targeted Employer" is a non-retail business or industry that meets all of the following qualifications: A. Relocates or expands into buildings and other improvements far which at least $24,000 in Marana construction sales tax has been generated since the effective date of this resolution. The qualification set forth in this paragraph is referred to in this resolution as the "Minimum Construction Requirement." The Targeted Employer is responsible to track and provide supporting documentation for Marana construction sales tax actually paid in connection with the construction of Targeted Employer's facility. Any contractor who does other taxable construction work in the town limits of Marana while working on Targeted Employer's facility must provide Marana with a separate accounting of Marana construction sales tax paid in connection with the construction of Targeted Employer's facility. B. Since the effective date of this resolution has created at least 10 new jobs in Marana with wages that equal or exceed $40,000. SECTION 4. For purposes of this resolution, "Marana construction sales tax" means Marana transaction privilege taxes (currently 4%) generated pursuant to Section 8-415 and 8-416 of the Marana T� Code from construction contracting and speculative builder activities. SECTION 5. The Town Manager is authorized to administer and interpret the Marana Job Creation Incentive Program, and the various town officers and employees are authorized and directed to perform all acts necessary or desirable to give effect to this resolution. SECTION 6. This resolution is effective on January l, 2013 and shall apply to any Targeted Employer for which the town issues a certificate of occupancy for the Minimum Construction Requirement on or before June 30, 2018. SECTION 7. For each Targeted Employer, the economic incentives authorized by this Marana Job Creation Incentive Program are available for a period of three years, beginning on the date the town issues a certificate of occupancy for the Minimum Construction Requirement, and ending on the third anniversary of that date. SECTION 8. While this resolution is in effect and during the five-year period described in Section 7 of this resolution, the use of those Marana construction sales tax revenues addressed by this resolution shall control over any other conflicting or different use of Marana construction sales tax revenues as directed in previously-adopted Maxana resolutions. Marana Resolution No. 2012-087 - 3- {00020608.DOC / 4} PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 7�' day of November, 2012. Mayor Ed Hone ATTEST: � � i!.�. �/�.. .�� � / �� �- : • • • Mazana Resolution No. 2012-087 - 4- {00020608.DOC / 4} APPROVED AS TO FORM: