HomeMy WebLinkAboutResolution 2012-0024CITY OF WHEAT RIDGE , CO LORADO
RESOL UTION NO . 24
Series of 2012
TITL E: A RESO L UTION ES TABLISHING A BUSINESS DEVELOPMEN T
ZO NE THROUGHOUT THE CITY OF WH EAT RIDG E AS PER
CODE OF LAWS CHAPTER 22, ARTICLE 1, DIVISION 5
WH EREAS , pursuant to Wheat Ridge Code of Laws . Chapter 22 , Article I,
Division 5, City Council may establish Business Development Zones (BDZ) to improve
business development and redevelopment for the purpose of increasing sales and use
tax revenue to the City ; and
WHEREAS , City Council has deemed it necessary to provide an increased
incentive to attract, expand and develop business throughout the City; and
WHEREAS , the City of Wheat Ridge economic development strategic plan
identifies the need to create incentives to increase business development; and
WH EREAS , the City's Economic Development Division under the guida n ce of
the City Manager will use the BDZ to target businesses that will enhance the City 's
sales and use tax base and create new jobs to include, but not be limited to, the
following :
a. Niche and Specialty retail -gardening , landscaping , and produce retailers ;
outdoor lifestyle and recreation retailers ; full service, sit-down restaurants ;
furniture , hardware and clothing stores
b . Primary employers -medical-related facilities and supporting services to
complement the Exempla Lutheran hospital , and clean energy and
biotechnology companies to locate in the Clear Creek Crossing or TOO area
NOW, THEREFOR E, BE IT RESOLVED by the C ity Cou ncil of the City o f
W heat Ridge, Colorado, as follows:
A. The City of Wheat Ridge City Council hereby est ablishes the enti re incorporated
City of Wheat Ridge be designated as a Business Development Zone for the
purpose of increasing sales and use tax and driving the development of targeted
business and industry for the City.
B. City Council , in their sole discretion, sh all consider applications for BDZ Program
participation based upon compliance with requirements set forth under Wheat
Ridge Code of Laws , Article I, Division 5 .
ATTEST: