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HomeMy WebLinkAbout23019 RESOLUTION NO. 23019 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM SPRINGS, CALIFORNIA, APPROVING A JOB CREATION INCENTIVE REIMBURSEMENT AGREEMENT WITH THE ABBEY COMPANY OF LONG BEACH, CALIFORNIA, AND A JOB CREATION INCENTIVE PROGRAM CERTIFICATION OF PROGRAM COMPLIANCE FORM WITH THE DESERT MEDICAL GROUP, INC. OF CALIFORNIA, TO PROVIDE FOR CERTIFICATION OF JOBS LOCATED, CREATED OR RETAINED AT 265 NORTH EL CIELO ROAD, WITH A MINIMUM TO BE NO FEWER THAN FIFTY (50) FULL-TIME JOBS, AND REIMBURSEMENT OF BUILDING AND DEVELOPMENT FEES NOT TO EXCEED $1,000 PER CERTIFIED JOB, OR $53,041.00 IN BUILDING FEES PAID, PER RESOLUTION NO. 19542 AND RESOLUTION NO. 22693. WHEREAS, the City has established a Job Creation Incentive Program ("Program") that provides economic incentives that are tied to job creation in particular zones and in certain industries, as adopted by City Council Resolution No. 19542 and Resolution No. 22693, and the Palm Springs Municipal Code Chapter 3.38; and WHEREAS, pursuant to the Program Policies, the City Council may by resolution implement the Program, including the definition and adoption of Program reimbursement terms and the forgiveness of any repayment upon compliance of certain Program conditions; and WHEREAS, The Abbey Company has applied to participate in the Program for a property it owns at 265 El Cielo Drive, where it has undertaken tenant improvements for Desert Medical Group; and WHEREAS, Desert Medical Group has completed a Certificate of Program Compliance form and has attested that it has created no fewer than 50 new jobs at the site; WHEREAS, The Abbey Company and Desert Medical Group have provided evidence that they have entered a lease of no fewer than five years for the site; and WHEREAS, Developer subsequently improved, renovated or otherwise modified the Property for the purpose of locating Desert Medical Group ("Company"), an eligible company that has created full-time jobs within the City; and Resolution No. 23019 Page 2 WHEREAS, Developer has paid building and development fees to the City ("Fees") and the building improvements subject to the permit fees have been fully approved and released for occupancy by the City; and WHEREAS, Developer now seeks reimbursement totaling Fifty Three Thousand Forty One Dollars ($53,041.00) over the course of five years, subject to the terms and conditions set forth in this Agreement. THE CITY COUNCIL OF THE CITY OF PALM SPRINGS DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City has received and hereby approves the verification of building and development fees, outlined in Resolution No. 19542, paid by The Abbey Company for the site at 265 El Cielo Road. SECTION 2. The City has received and hereby approves initial Certificate of Program Compliance of employment by Desert Medical Group, Inc. for its location at 265 El Cielo Road. SECTION 3. The Job Creation Reimbursement Agreement with The Abbey Company, included herein by reference, is hereby approved. SECTION 4. Continued participation in the program relies on the annual compliance by the Developer and Company in recertification of employment at the Site. ADOPTED THIS 7T" DAY OF SEPTEMBER, 2011. z� David H. Ready, Ci pager ATTEST: ;5mes Thompson, City Clerk Resolution No. 23019 Page 3 CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss. CITY OF PALM SPRINGS ) I, JAMES THOMPSON, City Clerk of the City of Palm Springs, California, hereby certify that Resolution No. 23019 is a full, true and correct copy, and was duly adopted at a regular meeting of the City Council of the City of Palm Springs on September 7, 2011, by the following vote: AYES: Councilmember Foat, Councilmember Hutcheson, Mayor Pro Tern Weigel, and Mayor Pougnet. NOES: None. ABSENT: Councilmember Mills. ABSTAIN: None. mes Thompson, City Clerk City of Palm Springs, Calif0 mian120ZOI1