HomeMy WebLinkAbout2008 047 CC RESO2008 047 CC RESO HÄ—@¸— Í ?Í«RESOLUTION NO. 2008-047
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
BALDWIN PARK SUPPORTING THE CONSTRUCTION OF
A PRIVATELY FINANCED STADIUM IN THE CITY OF
INDUSTRY, CALIFORNIA
WHEREAS, the City Council of the city of Baldwin Park supports bringing new
forms of employment, revenue and family-friendly entertainment to the San Gabriel
Valley; and
WHEREAS, the National Football League NFL) provides entertainment for all
ages; and
WHEREAS, there is not currently a NFL team based in Los Angeles, Orange,
San Bernardino or Riverside counties; and
WHEREAS, Majestic Realty Co. proposes to develop in nearby city of Industry, a
state-of-the-art football stadium, accompanied by 2.9 million square feet of commercial
space, including office space, retail space, restaurant space, a live theater with 5,000
seats, and a movie theater with 1,600 seats; and
WHEREAS, the project will be privately funded and will be of no cost to
taxpayers; and
WHEREAS, the location of the proposed project, at the intersection of the 57 and
60 freeways, is within a 25-mile radius of 12 million people and easily accessible to
residents of Los Angeles, Orange, San Bernardino and Riverside counties; and
WHEREAS, the project will increase national and international travel to the San
Gabriel Valley, including the city of Baldwin Park, thereby increasing national and
international recognition; and
WHEREAS, the commercial activity created by the project will encourage other
companies and businesses to locate in the community; and
WHEREAS, it is estimated that the project could bring more than 30,000 new
jobs to the area; and
WHEREAS, the project will create new business opportunities and increase
revenue to existing businesses; and
WHEREAS, the project will increase demand for commercial and residential real
estate in the area, thereby increasing property values in the San Gabriel Valley
including the city of Baldwin Park; and
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WHEREAS, the construction of the project will increase business opportunities
and revenue for local businesses in the construction industry and related sectors; and
WHEREAS, the presence of the stadium and commercial space will increase
revenue in all sectors of industry, including, but not limited to, the hospitality,
transportation, parking, retail, healthcare, telecommunications, commercial and real
estate sectors of all cities in the San Gabriel Valley, which includes Baldwin Park; and
WHEREAS, the presence of the stadium and commercial space will result in
additional revenue for the San Gabriel Valley, that includes Baldwin Park, collected in
the form of sales, property and income taxes; and
WHEREAS, the project will include state-of-the-art, environmentally-friendly
technology that will serve as a new standard for the design and construction of future
stadiums throughout the world.
NOW THEREFORE BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF
BALDWIN PARK:
Section 1.The City Council hereby declares its support for the construction of a
privately financed football stadium and commercial space in the city of Industry,
California.
Section 2.The City Council hereby orders the City Clerk to send copies of this
resolution to the County Board of Supervisors and Baldwin Park legislators.
Section 3.The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED AND ADOPTED this 6th day of August 2008.
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ATTEST:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF BALDWIN PARK
I, LAURA M. NIETO, Deputy City Clerk, of the City of Baldwin Park, do hereby
certify that the foregoing Resolution was duly and regularly approved and adopted bX
the City Council of the City of Baldwin Park at a regular meeting thereof, held on the 6t
of August 2008 by the following vote:
AYES: COUNCILMEMBERS: Marten Garcia, Monica Garcia, Ricardo
Pacheco, Mayor Pro Tern Anthony J.
Bejarano and Mayor Manuel Lozano
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
4eizqa w 1jk4'b
URA M. NIETO
EPUTY CITY CLERK
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