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HomeMy WebLinkAboutRes2010-007 Port and Commerce Advisory Board Resolution 2010 -07 Sponsored by: PACAB CITY OF SEWARD, ALASKA PORT AND COMMERCE ADVISORY BOARD RESOLUTION 2010-00 q RESOLUTION OF THE PORT AND COMMERCE ADVISORY BOARD, SUPPORTING AND PROVIDING RECOMMENDATIONS FOR CITY INCENTIVES AND SERVICES TO ATTRACT NEW BUSINESS AND ATTRACT INVESTMENT WHEREAS, The Seward Economic Development Assessment 2010 suggested in conjunction with a Business Retention and Expansion Program the City establish incentive policies; and WHEREAS, incentives would assist growing Seward's existing business and recruiting new businesses; and WHEREAS, the Port and Commerce Advisory Board discussed possible incentives and made recommendations at their Regular Meeting August 4, and November 10 2010. lams NOW, THEREFORE, BE IT RESOLVED by the Port and Commerce Advisory Board that: Section 1. For the reasons stated in the recitals, the Board recommends Council support for the following incentives and services: 1. Assist in directing where to obtain low interest loans for property purchases & construction. 2. Extend or waive payments for infrastructure installation (electricity /water /sewer) using existing assessment district options in Seward City Code. 3. Include water & sewage construction in the City's minimum payment agreement. 4. Explore opportunities to assist with lowering interest rates for infrastructure construction. 5. Provide lease payment options, including `balloon payments,' credit for developing infrastructure and lower payments as the lease matures, and lengthen lease terms. 6. Expand the City's utility budget billing program. 7. Refund Conditional Use, Variance, and other Land Use Permit Fees after 1 full year of operation for a business either physically expanding their business or building a new location within City Limits. 8. Determine what City property is available for lease and/or for sale and list property on website with map and with state economic development organization(s). 9. Continue to expedite business license and permit approvals. ... 10. Provide a business friendly environment. Port and Commerce Advisory Board Resolution 2010 -07 11. Hire or assign someone to target market specific industries, developing long -term relationships with potential developers, corporations, businesses and industries that could operate out of Seward. 12. Heavily market port and harbor to its potential. 13. Commit to Harbor and Seward Marine Industrial Center development and expansion. 14. Advertise property, services and business opportunities in widely dispersed publications, professional organizations and websites. 15. Update the lease policy and procedures for the City of Seward. 16. Joint meetings with businesses, Chamber Director and Community Development Department to help navigate through City Processes. 17. Increase services and forms available on the City website. 18. Develop business `How To' kit. Section 2. This Resolution will be forwarded to Council for direction. Section 3. This Resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the Port and Commerce Advisory Board this 20th day of October, 2010. THE CITY OF SEWARD, ALASKA Ron Long, C air AYES: Altermatt, Schaefermeyer, Long NOES: None ABSENT: Oliver, Tougas ABSTAIN: None ATTEST: J. anna Kinney ity Clerk h ® R } r ai p: 11 W 1 y � 3 0. y ; • .�� 0 y we.as i e� .s �' ♦♦ pp��