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HomeMy WebLinkAboutMINUTES-09/24/1996-AdjournedSeptember 24,1996 COUNCIL OF THE CITY OF FORT COLLINS, COLORADO Council -Manager Form of Government Adjourned Meeting - 6:30 p.m. An adjourned meeting of the Council of the City of Fort Collins was held on Tuesday, September 24, 1996, at 6:30 p.m. in the Council Chambers of the City of Fort Collins City Hall. Roll Call was answered by the following Councilmembers: Apt, Azari, Janett, Kneeland, McCluskey, Smith and Wanner. Nays: None. Staff Members Present: Fischbach, Roy, Krajicek. Resolution 96-111 Recommending Certain Amendments to the State Urban and Rural Enterprise Zone Act of 1986 as Amended in 1996 Adopted. The following is staff's memorandum on this item. "Executive Summary During the September 17, 1996 City Council discussion of the proposed expansion oJ' the Fort Collins section of the Larimer County Enterprise Zone, Council Member Wanner requested that Council fonvard a strong message to the soon -to -be -established Economic Development Commission concerning possible limitations on the use of the Contribution Tax Credit. The resolution that follows requests that the Commission consider, and bring fonvard to the state legislature the following revisions to the State Urban and Rural Enterprise Zone Act: require the Economic Development Commission to implement neiv procedures and reporting requirements to determine the impact that the Enterprise Zone Program is making in providing employment and training opportunities and wage enhancement for low-income residents within each designated ,one, as well as in assisting such residents in moving from welfare to self-sufficient employment. 2. eliminate State income tax credits for contributions to Enterprise Zone projects that are undertaken by private sector entities that do not directly preserve or create jobs, provide job training or make major capital investments; examples of such entities would include, without limitation, economic development corporations, chambers of commerce, and other promotional organizations. 39 September 24, 1996 3. direct local Enterprise Zone Administrators to present the aforementioned data to the local jurisdictions within which the Enterprise Zone is contained on a semi-annual basis. " Councilmember Janett made a motion, seconded by Councilmember Wanner, to adopt Resolution 96-111. Councilmember Wanner gave a brief presentation on the item. Councilmember McCluskey stated the proposed Resolution is consistent with what the State has approved and spoke in support of non-profit and charitable organizations receiving funding from the zone. Assistant City Manager Frank Bruno clarified the types of organizations that qualify for Enterprise Zones designations. Councilmember Kneeland opposed the motion stating she did not agree that the Chamber of Commerce should be excluded. She spoke of the benefits the Chamber provides to many small business owners. Mayor Azari stated she did not support the motion and spoke of the need to work on broader tax code matters. She stated although she appreciates being able to communicate concerns of the City of Fort Collins to the State, this is already State law. The vote on Councilmember Janett's motion was as follows: Yeas: Councilmembers Apt, Janett, McCluskey, Smith and Wanner. Nays: Councilmembers Azari and Kneeland. THE MOTION CARRIED. The meeting adjourned at 6:50 p.m. ATTEST: limvlllmli Box. ADJOURNMENT Im