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HomeMy WebLinkAbout75B - AMEND EZ MISC FEE SCHEDUL REQUEST FOR COUNCIL ACTION ~ ~a.Ul~ CITY COUNCIL MEETING DATE: CLERK OF COUNCIL USE ONLY: SEPTEMBER 20, 2004 TITLE: APPROVED o As Recommended o As Amended o Ordinance on 1 sl Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For PUBLIC HEARING AMENDING THE MISCELLANEOUS FEE SCHEDULE TO IMPLEMENT THE STATE MANDATED FEE FOR PROCESSING ENTERPRISE ZONE HIRING TAX CREDI APPLICATIONS tfJ CONTINUED TO FILE NUMBER CITY MANAGER RECOMMENDED ACTION Adopt a resolution amending the Schedule of Uniform Fees to implement a State mandated fee for the processing of Enterprise Zone Hiring Tax Credit applications. DISCUSSION The Santa Ana Enterprise Zone program assists businesses located within the Enterprise Zone in receiving a state tax credit for a percentage of the wages that are paid to eligible employees. The Ci ty of Santa Ana Enterprise Zone is responsible for reviewing applications submitted by businesses or their tax credit consultants for potentially eligible employees and issuing Hiring Tax Credi t Vouchers. This program was legislatively transferred to the State Department of Housing and Community Development (HCD) as of January 1, 2004. Pursuant to SB 1097, on October 1, 2004, all Enterprise Zones will be assessed a fee of $10 for each application it processes for issuance of an Enterprise Zone Hiring Tax Credit Voucher. FISCAL IMPACT Funds from the Enterprise Zone Hiring Tax Credit Voucher applications will be deposi ted into the Trust & Agency Reserve Account - Enterprise Zone (account no. 99-01-3611-8) and remitted to the State. APPROVED AS TO FUNDS AND ACCOUNTS: patricia C. itaker Executive Director Community Development Agency (72nu . Rod R. Coloma Executive Direct fkl 75ID'fc~ & Management Services Agency ~ bk:9/14/04 RESOLUTION NO. 2004-076 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ADOPTING A FEE TO REIMBURSE THE CITY FOR A NEWLY IMPOSED STATE MANDATED CHARGE ON ENTERPRISE ZONE TAX HIRING VOUCHERS BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS FOLLOWS: Section 1: The City Council hereby, finds, determines and declares as follows: A. In June of 1993, the City of Santa Ana was designated a State Enterprise Zone. Over 7,100 acres of the City lie within the Enterprise Zone. B. As part of the Enterprise Zone program, businesses which hire eligible employees may qualify for state income tax credits of tens of thousands of dollars per employee hired. To obtain such a credit, the business must be issued a tax hiring voucher. C. Over the last four years, the City has approved almost 10,000 applications for hiring tax credit vouchers by City businesses located in the City's Enterprise Zone. D. In large part because of its active hiring tax voucher program, the City of Santa Ana has been recognized as the top Enterprise Zone performer in the state E. As of October 1, 2004, the City will be required by a newly adopted State law to pay to the State of California a $10.00 charge for each voucher application submitted to the City for processing. It is appropriate that this charge be paid by the applicant seeking a significant income tax credit rather than by the City's taxpayers in general. Section 2: A $10.00 per application fee is hereby established for each person applying for a Enterprise Zone Hiring Tax Credit. This fee will be collected beginning October 1, 2004. Section 3. That without further action of the City Council this fee shall be incorporated into the City's Miscellaneous Fee Schedule. ADOPTED this _ day of ,2004. 758-2 Miguel A. Pulido Mayor APPROVED AS TO FORM: Joseph W. Fletcher, City Attorney By: Benjamin Kaufman Chief Assistant City Attorney AYES: Councilmembers: NOES: Councilmembers: ABST AI N: Councilmembers: NOT PRESENT: Councilmembers: CERTIFICATION OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEALY, Clerk of Council, do hereby attest to and certify the attached Resolution No. 2004-076 to be the original resolution adopted by the City Council of the City of Santa Ana on Date: Clerk of Council City of Santa Ana 758-3 758-4