HomeMy WebLinkAbout114 - 09/03/2013 - AMENDING .THE DEFINITION OF ''LARGE BASE INDUSTRY'' AS CONTAINED IN ARTICLE 5 OF THE LAND USE CODE ORDINANCE NO. 114, 2013
OF THE COUNICL OF THE CITY OF FORT COLLINS
AMENDING.THE DEFINITION OF "LARGE BASE INDUSTRY"
AS CONTAINED IN ARTICLE 5 OF THE LAND USE CODE
WHEREAS, the existing definition of Large Base Industry contains three parameters by
which a firm may qualify as a Large Base Industry, which parameters are that it: (1) produces,
or will produce, manufactured goods, at least eighty percent of which are, or will be, produced
for export to areas outside of the City; and (2) employs, or will employ no fewer than one
hundred persons for at least thirty-five hours of year-round employment per week; and (3) owns
or leases, or will own or lease, real property or equipment within the city limits that is used in the
operation of the firm's business and that has, or will have, as of the date of the commencement of
the firm's operation, a fair market value of no less than one hundred million dollars
($100,000,000.); and
WHEREAS, City staff has recommended, and City Council agrees, that the first
requirement stated in the definition of Large Base Industry should be amended to state that a
particular firm can satisfy that requirement by providing certain kinds of products or services for
local and regional users that are not manufactured but are of comparable economic value to
manufactured goods, or by establishing local corporate offices to support their operations; and
WHEREAS, the Planning and Zoning Board has recommended to the City Council that
the definition of Large Base Industry contained in Section 5.2.1 of the Land Use Code be
amended; and
WHEREAS, the City Council has determined that it is in the best interests of the City that
the definition of Large Base Industry contained in Section 5.2.1 of the Land Use Code be
amended.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that the definition of"Large base industry" contained in Section 5.1.2 of the
Land Use Code is hereby amended to read as follows:
Large base industry shall mean a firm that:
(1) produces, or will produce, manufactured goods, at least eighty (80) percent of
which are, or will be, produced for export to areas outside of the city; or provides
medical, internet, telecom, education or publishing products and services for local and
regional users; or establishes corporate offices; and
(2) employs, or will employ, no fewer than one hundred (100) persons for at least
thirty-five (35) hours of year-round employment per week; and
(3) owns or leases, or will own or lease, real property or equipment within the city
limits that is used in the operation of the firm's business and that has, or will have, as of
the date of the commencement of the firm's operation, a fair market value of no less than
one hundred million dollars ($100,000,000.).
Introduced, considered favorably on first reading, and ordered published this 20th day of
August, A.D. 2013, and to be presented for final passage on the 3rd day of September, A.D.
2013.
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Passed and adopted on final reading on the 3rd day of September, A.D. 2013.
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