HomeMy WebLinkAboutResolution 2017-029 Extending and expanding the Marana Job Creation Incentive Program MARANA RESOLUTION NO. 2017-029
RELA rl,,ING TO ECONOMIC DEVELOPMENT, EXTENDING AND EXPANDING THE
MARANA JOB CREATION INCENTIVE PROGRAM
WHEREAS A.R.S. § 9-500.11 authorizes the Town to make expenditures in support of
economic development; and
WHEREAS the Mayor and Council originally adopted the Marana Job Creation Incentive
Pro grain on May 4, 2010 by the adoption of Resolution No. 2010-044 and
WHEREAS the Mayor and Council expanded and extended the Marana Job Creation
Incentive Program on November 7, 2012 by the adoption of Resolution No. 2012-087; and
WHEREAS the Marana Job Creation Incentive Program is currently scheduled to sunset
in 2018 in accordance with Section 6 of Resolution No. 2012-087; and
WHEREAS the Mayor and Council find that extension and expansion of the Marana Job
Creation Incentive Program is appropriate and prudent to address a continuing need to attract job
growth and private investment in the town limits; and
WHEREAS the Mayor and Council find that, as extended and expanded pursuant to this
resolution, 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 MARANAI ARIZONA AS FOLLOWS:
SECTION 1. The Marana Job Creation Incentive Program is hereby extended for a period
of five years, and shall now apply to any Targeted Employer for which the town issues a
certificate of occupancy for the Minimum Construction Requirement on or before June 30, 2023.
SECTION 2. The economic incentives authorized by the Marana Job Creation Incentive
Program are now expanded by amending Section 2 of Marana Resolution No. 2012-087 as
I
follows (with deletions 04-11F.e-L and additions double-underlined).
[Paragraphs A-E unchanged.]
F. Public ln....rastru.cture Costs. Actual costs of constructin), public infrastructure
needed to serve the Targ-yeted Em iCation the cost
,pl er' aciliti s including=without lim*
gy..... s f 9"
o f an— Town of Marana-adopted develQpment ipMact fees Daid..-by-or..on behalf of the
'Targeted_En To er toward public infrastructure.
Qe Fj-7 Other Similar 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.
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Marana Resolution No.2017-029 3/27/2017 2:38 FM
SECTION3. Ex-cept as modified by this resolution, the Marana Job CreationIncentive
Program to Mstem Resolution shall remain in full force and. ef,`f c
PASSED AND ADOPTED BY THE MAYOR AND COUNCIL F THE TOWN OF
MARANAI, ARIZONA, s 4t" day of April, 1
00
"onea
ATTEST: APPROV A' AS TO FORM:
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?. elyn C. ..Viso , Town Clerk nk Cas y own
MARANA AZ
�',STABLISHED 077
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M r is Resolution No,2017-029 - 2 - /2 2 1 2::38 M