HomeMy WebLinkAboutItem No.SA5CITY OF LAKE ELSINORE
REPORT TO REDEVELOPMENT AGENCY
TO: CHAIRMAN & BOARDMEMBERS
FROM: RON MOLENDYK, EXECUTIVE DIRECTOR
DATE: February 23, 1993
SUBJECT: Redevelopment Agency Business
Incentive Program
The attached petition was received from Local Businesses on behalf
of the Redevelopment Agency Board. Boardmember Cherveny has
requested that it be placed on this agenda for consideration. If
the Board so desires staff could conduct a study and develop a
formula for business incentives. Continued from February 9, 1993 to
coincide with the consideration of Walmart /Oak Grove Equities Agreements.
FISCAL IMPACT
Unknown until formulas are developed.
Discuss and provide direction to staff.
PREPARED BY:
APPROVED FOR
AGENDA LIS
AGEt-EDA iTEN j�.
PAGE _l_ - 3---
Official
Petition
We the undersigned Businesses wish to receive
the some incentive the City is offering WAL -MART.
Therefore we respectfully request the CITY OF
LAKE ELSINORE establish a program to return 50%
of our SALES TAX back to us.
BUSINESS OWNER DATE
157-C(5
•- �L�d,U
ifs
�ADio SHaGk
C A E L 2 *F -5
r S- 7
Off ition ic ia Peta
We the undersigned Businesses wish to receive
the some incentive the City is offer CITY W OFART,
Therefore we respectfully request t
LAKE ELSINORE establish a program to return 50%
of our SALES TAX back to us,
Acri - S
A v�
PAGE 0= 3