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HomeMy WebLinkAbout1982-026-02/02/1982-ADOPTING A POLICY STATEMENT ON ECONOMIC DEVELOPMENT RESOLUTION 82-26 OF THE COUNCIL OF THE CITY OF FORT COLLINS ADOPTING A POLICY STATEMENT ON ECONOMIC DEVELOPMENT WHEREAS, the best attraction that any city can provide for economic development is to run a totally competent city government, soundly financed and committed to providing innovative solutions to the problems caused by regional growth, and WHEREAS, economic development provides jobs, enhances the housing market, strengthens the local retail market and the economic base of the City, and WHEREAS, the Council of the City of Fort Collins has considered these factors and wishes to adopt a policy statement relating to economic development in this area NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the following is hereby established as the City of Fort Collins Policy on Economic Development CITY OF FORT COLLINS POLICY STATEMENT ON ECONOMIC DEVELOPMENT I The City of Fort Collins is in favor of economic development and encourages its location within the City of Fort Collins and within the Urban Growth Area 2 The City will assist industries wishing to locate within the City and the Urban Growth Area by authorizing the issuance of Industrial Revenue Bonds, by joining (where financially sound) in approving public/private partnership projects, thereby allowing public funds to be used to leverage private investments without consuming public funds, or by assisting industry in working out projects with other public bodies 3 The City will establish fee schedules in connection with the issuance of Industrial Revenue Bonds earmarking a portion of the fees, not needed to cover administrative charges, to be used for encouragement of economic development in the City of Fort Collins 4 The City will promote the concept of a "Development Leader" on City staff to assist developers through the development process 5 The City will create Development Manuals which contain rules and regu- lations with special emphasis on the Land Guidance System in order to call attention to interested industries that "no land use is auto- matically excluded from a specific site" Passed and adopted at a regular meeting of the City Council held this 2nd day of February, 1982 cil w MaycV ATTEST A City Clerk -2-