R-1989-19 - Laserfiche WebLink

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" ~ ! Annotation, page 5tt e_- I " effect of transferring employment. The term ..primarily" as used here and elsewhere means a majority of the jobs must be new. Section 2h4. Deals wit~_ the competitive problems created by abatement. It .provides that the facility must JJe necessar~' because the prospect cannot conduct businef?s using existing capaci ty when a reasonable financial allo\/ance is made for the improvements necessary to bring that existing property up to specitication. This particular circumstance is appropriate to office headquarters location. With 40 to 50 million square feet ot empty office space in the community, it is hard to imagine a situation where another office building would be justifi~d. o~ the othcr hand, a corporate headquarters might be justified in an area such as Clear Lake where there is a shortage'of office space. It would be reasonable to abate because of the multiplier eifect on jobs. In another case, if a company h~d u~ique office requirements that could not be met with existing property, we should be able to abClte rather than lose the jobs. Yet \Ie dQ !lot want: to grant blanket exemption to office buildings (even tor headquarters) that might add to the space glut, cause the loss of taxes or put'owners at a diso.dvantage. If a developer or anyone el~e can make a reasonable case that existing property can be used efficiently, abatement will not be granted. -. -- - Section 2i Describes and specifies taAable status of property en the facility. Section 3a. Informs the potential applica11 where to file an -application for abatement. Section 3b. Describes the information that. must be in the application. Notice that the details filed with the applic~tion are e~tensive and provide the necessary information for the County to determine whether the abatement. complies with the intent of these guidelines. In the case of modernization, it requires a separate rendering of real and personal propert~es for the purpose of establishing the base year value. Also notice that the county io authorized to require such other financial information as it may.deem appropriate. In this case, it may be Clpprcpriate to look at the resources of the applicant, clearar,ces \~i th respect to pollution or environmental impacts, and other information. Section 3c. Provides a show-cause hearing and a 30-day \/ait period before the hearing to allow for thorough investigation by the public and affected parties. \ ( Section 3d.' Provides for a speedy 60-day e::ecution of the a?plication. It is required that the county notify the applicilnt if the abatement will be approved or not. The approval re~olution constitutes an intent on the part of the county to execute an agreement. It illeo provides that. it tc:.kes a commisioner to