HomeMy WebLinkAboutResolution 01-59 10/15/2001
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RESOLUTION NO. 01-')9
A RESOLUTION AUTHORIZING THE CITY MANAGER TO SIGN
AGREEMENTS WITH LANE COUNTY AND THE SYMANTEC CORPORATION
TO EXTEND THE PROPERTY TAX EXEMPTION lWO YEARS FOR A
TECHNICAL SUPPORT CUSTOMER SERVICE CENTER IN THE GATEWAY
AREA.
WHEREAS, the Symantec Corporation could receive a property tax
exemption under ORS 285 because it is an eligible business firm, and
WHEREAS, the Symantec Corporation agrees
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(a) to compensate during the entire enterprise zone tax exemption period
all new employees at an average rate of not less than 150 percent
($40,832) of Lane County's prevailing average annual wage ($26,921) at
the time of applying for precertification; and
(b) to meet any additional requirements that the zone sponsors may
reasonably request, including but not limited to the Symantec Corporation's
paying the City of Springfield $175,000 in each of two years of extended
Enterprise Zone benefits for the provision of additional Police, Fire and Life
Safety, and other services;
(c) to provide a $25,000 grant to Willamalane Parks District prior to June
30, 2002 to help build the skate park project in Willamalane Park.
WHEREAS, the Symantec Corporation anticipates it will complete
construction of its technical support customer service center in December 2001;
WHEREAS, the Symantec Corporation has filed a precertification application
form with the Springfield Enterprise Zone Manager;
WHEREAS the Symantec Corporation will negotiate a First Source agreement
with the Oregon Employment Division for referring qualified candidates to the
Symantec Corporation for new job openings within the Springfield Enterprise
Zone until the end of the exemption period;
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WHEREAS, the Springfield City Council would like to encourage investment in
new Springfield manufacturing and high technology facilities, increase both the
number of family wage jobs and the wages paid to its citizens in new economic
sectors, assist in the diversification of manufacturing and high technology in the
local economy, ensure competitiveness of future Springfield businesses, and
provide support for the long-term operation of Symantec 's Springfield facilities.
NOW THEREFORE, BE IT RESOLVED by the Common Council of the City of
Springfield as follows:
1. The Springfield City Council, as the governing body of one of the
sponsors of the Springfield Enterprise Zone II, approves extending
the property tax benefits of the Springfield Enterprise Zone for two
years to the Symantec Corporation, as requested in Exhibit A and
incorporated herein by reference, for a possible $37.325 million
project, and
2. Authorizes the City Manager to sign agreements with Lane County,
the co-sponsor of the Springfield Enterprise Zone II, and the
Symantec Corporation to the terms described herein and provided
that the Symantec Corporation meets the terms specified in Tax
Exemptions codified under ORS 285B.
ADOPTED by the Common Council and approved by the Mayor of the City of
Springfield, this ~ day of October , 2001.
Adopted by a vote of ~ for and ~ against.
(
Mayor
ATTEST:
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REVIEWED & APPROVED
AS TO FORM
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DATE: q I ,.3 /.3 00\
OFFICE OF CITY ATTORNEY