HomeMy WebLinkAboutResolution SEDA 2012-05 12/03/2012 I
SEDA
RESOLUTION I.2--2012-05
A RESOLUTION OF THE BOARD OF THE SPRINGFIELD ECONOMIC
DEVELOPMENT AGENCY PROVIDING AN INCENTIVE TO DEVELOPMENT IN
DOWNTOWN AND GLENWOOD BY ASSUMING CERTAIN PORTIONS OF
SYSTEMS DEVELOPMENT CHARGES AS ESTABLISHED IN THE SPRINGFIELD
MUNICIPAL CODE, SECTION 3.406,AND SPECIFYING AN EFFECTIVE DATE
WHEREAS,the Oregon economy continues to struggle with a number of issues, including high
unemployment and lack of investment; and
WHEREAS, an effect of the continued struggles within the Oregon economy is a lack of new
development in certain areas targeted by the Springfield community especially in the Downtown
Urban Design Plan area and in the adopted Phase 1 Glenwood Refinement Plan area; and
WHEREAS, in particular,the absence of large commercial and industrial development, which
would provide family wage jobs for Oregonians, is challenging the ability of Springfield to
provide adequate levels of service for its citizens; and
WHEREAS,the costs of development include Systems Development Charges imposed by the
City of Springfield for the purposes of funding future infrastructure that will be required to meet
the needs of community growth; and
WHEREAS, on April 19, 2010,the Springfield City Council adopted Resolution 10-19.
amending and adopting the rate structure for Systems Development Charges; and
WHEREAS,the Council found and determined that a temporary reduction in such charges may
provide an incentive to encourage development within the City; and
WHEREAS, while the principal interest of the Council is to stimulate large scale commercial
and industrial development that will provide additional family wage jobs, there is also value in
stimulating all forms of development, including residential development; and
WHEREAS,the principal interest of SEDA is to stimulate residential, commercial, and
industrial redevelopment in the Downtown Urban Design Plan area and in the adopted Phase 1
Glenwood Refinement Plan area consistent with each of those plans; and
WHEREAS,the City Council adopted Resolution 2012-19, which provided a 100 percent
reduction in local SDCs for all commercial and industrial development which proposes new net
useable space in excess of 75,000 square feet, creating new employment opportunities, Systems
Development Charges shall be reduced by 100 percent and for all commercial and industrial
development which proposes new net useable space in excess of 50,000 square feet to be
occupied by an employer or employers who will commit to employ not less than 50 full time
employees within one year of occupancy; and
WHEREAS,on December 3,2012,the Council adopted Resolution 2012-xx which reduces
C) local SDCs by 50 percent for all other commercial and industrial development and for new
construction of one and two family residences; and
WHEREAS,the Springfield Economic Development Agency wishes to encourage and stimulate
development in the Downtown Urban Renewal Area and within the limits of the Glenwood
Refinement Plan by assuming the obligation for certain local SDCs imposed by the City for the
period commencing January 1, 2013 and ending June 30, 2013.
NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF THE SPRINGFIELD
ECONOMIC DEVELOPMENT AGENCY OF SPRINGFIELD,that for a period beginning
on January 1, 2013, and ending on June 30, 2013, unless further extended by Board Resolution,
all Systems Development Charges imposed by the City, SEDA will assume the financial
obligation as follows:
1. For all development occurring in the Downtown Urban Renewal Area which is consistent
with the Downtown Urban Design Plan, SEDA shall agree to enter into an agreement
with the applicant and the City under which SEDA shall assume the obligation of all
local SDCs imposed by the City during such period.
2. For all development occurring within the limits of the approved Glenwood Refinement
Plan, Phase I, as adopted by the Council, which is consistent with that Plan, SEDA shall
agree to enter into an agreement with the applicant and the City under which SEDA shall
assume the obligation of all local SDCs imposed by the City during such period; and
BE IT FURTHER RESOLVED,that SEDA requests, pursuant to the Cooperation and Services
Agreement between SEDA and the City,that the Council request City staff to review
applications for assumption of SDCs by SEDA pursuant to this resolution and to designate the
Director of Development and Public Works to determine if such applications are consistent with
the relevant plans and qualify for assumption under this resolution; and
BE IT FURTHER RESOLVED,that the reductions provided herein shall be in lieu of any and
all reductions which might be available in the Downtown Urban Design Plan area, as described
in Resolution 10-19; and
BE IT FURTHER RESOLVED,that the City Manager is directed to report to the SEDA Board
Council on or before May 27, 2013, with respect to the impact of these reductions both on
development within the Downtown and Glenwood areas indicated above and the impact on
Systems Development Charge obligations SEDA has to the City, and to recommend whether or
not to extend this program of incentives; and
BE IT FURTHER RESOLVED,that this Resolution shall take effect upon adoption by the
Board.
RESOLUTION SEDA2012-05
Adopted by the Springfield Economic Development Agency by a vote of 7 for and 0
against, this 3rd day of December , 2012. (2 absent)
Chair
ATTEST:
447 xlerilik_
City Recorder
1 EVIEWED & APPROVED
TO FORD
• DATE: t t al 1 IZ
nr-`F►CE OF CITY ATTORNEY
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RESOLUTION SEDA2012-05