6/26/2007

Santa Clarita Final Designation Coming?

At the end of a story about eminent domain in the Santa Clarita Valley Signal, there is this brief nugget of information:
The council is also expected to approve entering into a memorandum of understanding with the State of California Housing and Community Development Department to administer the enterprise zone that would enable some city businesses to receive state tax incentive and credits.
That should be the last step in the process to receive a final designation for the new zone. I previously mentioned that the City was aiming to have an official start date of July 1, but that it was dependent upon HCD to review its EIR and complete this MOU.

In other local news, there will be a press conference and workshop related to the new Fresno County Regional Enterprise Zone tomorrow.