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File #: 22-0078    Version: 1
Type: Agenda Item Status: Approved
File created: 12/29/2021 In control: Board of Supervisors
On agenda: 2/8/2022 Final action: 2/8/2022
Title: Planning and Building Department, Economic Development Division, recommending the Board consider the following: 1) Consistent with the Economic Development objectives of Board Policy J-8, Special District Impact Fee Offset for Nonresidential Business Development, approve the use of Transient Occupancy Tax funds to offset the $25,608 in Special District Impact Fees for the El Dorado Hills Fire District fees that were collected as part of the Building Permit Fees related to the construction of Tri-Square Construction Company’s (Tri-Square) new facility in the El Dorado Hills Business Park; 2) Approve and authorize the Chair to sign the budget amendment to allow for the payment of the fee offset (4/5 vote required); and 3) Delegate authority to the Chief Administrative Officer to execute an agreement, if necessary, to proceed with the reimbursement of $25,608 to Tri-Square. FUNDING: Transient Occupancy Tax Reserve funds.
Attachments: 1. A - Tri-Square Fee Offset Request, 2. B - Tri-Square Commercial Permit Fee Worksheet, 3. C - Tri-Square Construction Company Overview, 4. D - Fee Offset Memo, 5. E - Tri-Square J-8 Offset Evaluation, 6. F - Tri-Square Follow-Up Payroll Data, 7. Executed budget Transfer
Related files: 18-1552
Title
Planning and Building Department, Economic Development Division, recommending the Board consider the following:
1) Consistent with the Economic Development objectives of Board Policy J-8, Special District Impact Fee Offset for Nonresidential Business Development, approve the use of Transient Occupancy Tax funds to offset the $25,608 in Special District Impact Fees for the El Dorado Hills Fire District fees that were collected as part of the Building Permit Fees related to the construction of Tri-Square Construction Company’s (Tri-Square) new facility in the El Dorado Hills Business Park;
2) Approve and authorize the Chair to sign the budget amendment to allow for the payment of the fee offset (4/5 vote required); and
3) Delegate authority to the Chief Administrative Officer to execute an agreement, if necessary, to proceed with the reimbursement of $25,608 to Tri-Square.

FUNDING: Transient Occupancy Tax Reserve funds.
Body
DISCUSSION / BACKGROUND
The County’s adopted Strategic Plan contains five (5) main strategic goals, including Economic Development with a focus on enabling a prosperous and vibrant community. The Economic Development component further identifies goals and priorities to retain, develop, and attract businesses that provide economic sustainability and quality job creation, invest in infrastructure needs to maintain competitiveness, and nurture the County and Community’ business friendly environment.

Consistent with the County’s Strategic Plan and the Planning and Building Department, Economic Development Division’s (Economic Development) mission statement, staff have been working with various stakeholders to seek and attract businesses to the County. As staff continue to speak with potential businesses and promote locating to the County, staff have learned that while site selection is a key factor, these prospective businesses often seek incentives when selecting a site. As the County seeks to build a well-balanced and linked ecosyste...

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