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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~a.Ul~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />SEPTEMBER 20, 2004 <br />TITLE: <br /> <br />APPROVED <br /> <br />o As Recommended <br />o As Amended <br />o Ordinance on 1 sl Reading <br />o Ordinance on 2nd Reading <br />o Implementing Resolution <br />o Set Public Hearing For <br /> <br />PUBLIC HEARING AMENDING THE <br />MISCELLANEOUS FEE SCHEDULE TO <br />IMPLEMENT THE STATE MANDATED FEE <br />FOR PROCESSING ENTERPRISE ZONE <br />HIRING TAX CREDI APPLICATIONS <br /> <br />tfJ <br /> <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />CITY MANAGER <br /> <br />RECOMMENDED ACTION <br /> <br />Adopt a resolution amending the Schedule of Uniform Fees to implement a <br />State mandated fee for the processing of Enterprise Zone Hiring Tax Credit <br />applications. <br /> <br />DISCUSSION <br /> <br />The Santa Ana Enterprise Zone program assists businesses located within <br />the Enterprise Zone in receiving a state tax credit for a percentage of <br />the wages that are paid to eligible employees. The Ci ty of Santa Ana <br />Enterprise Zone is responsible for reviewing applications submitted by <br />businesses or their tax credit consultants for potentially eligible <br />employees and issuing Hiring Tax Credi t Vouchers. This program was <br />legislatively transferred to the State Department of Housing and Community <br />Development (HCD) as of January 1, 2004. Pursuant to SB 1097, on October <br />1, 2004, all Enterprise Zones will be assessed a fee of $10 for each <br />application it processes for issuance of an Enterprise Zone Hiring Tax <br />Credit Voucher. <br /> <br />FISCAL IMPACT <br /> <br />Funds from the Enterprise Zone Hiring Tax Credit Voucher applications will <br />be deposi ted into the Trust & Agency Reserve Account - Enterprise Zone <br />(account no. 99-01-3611-8) and remitted to the State. <br /> <br /> <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br /> <br />patricia C. itaker <br />Executive Director <br />Community Development Agency <br /> <br />(72nu . <br /> <br />Rod R. Coloma <br />Executive Direct fkl <br />75ID'fc~ & Management Services Agency <br /> <br />