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Posts Tagged ‘sacramento’

Hesperia Revels in New Enterprise Zone Designation

Friday, August 21st, 2009 | Uncategorized

The Hesperia Daily Press proudly proclaims the success Hesperia had in managing to outbid many other cities to obtain Enterprise Zone designation.  Below is the article:

HESPERIA • The state has named Hesperia as one of five new enterprise zones that will allow businesses to generate millions of dollars in tax credits.
Hesperia, along with  along with Sacramento, Taft, Pittsburg and Tulare have been only conditionally designated at the moment, according to Steve Lantsberger, Hesperia’s head of economic development. But it’s essentially just a matter of some signing agreements between the California Department of Housing and Community Development and the city before it’s official.
“We spent a lot of time going through all of the requirements so that, if we were successful, there’d be very few things we’d have to do if we were conditionally designated,” he said Thursday. His office began working on the application 18 months ago, and the city will be an enterprise zone until 2024.
The enterprise zone covers most of the city, outside of residential areas. Businesses already operating in the zone as of Aug. 19 are eligible, as are new businesses.

Five New Enterprise Zones Announced!

Wednesday, August 19th, 2009 | Tax News

Hesperia, Tulare, Pittsburg, Sacramento and Taft are the five new EZ designations (even though only 4 new slots were open).  From the HCD Press Release:

SacramentoHelping to grow jobs and improve California’s business climate, the California Department of Housing and Community Development today announced the conditional designation for five Enterprise Zones statewide. The zones are Hesperia, Tulare, Pittsburg, Sacramento and Taft.

“California Enterprise Zones give communities a chance to develop their economic potential, improve their quality of life and contribute to the state’s economy.  Enterprise Zones are part of the Administration’s ongoing efforts to increase the number of jobs through state and local incentives,” said HCD Director Lynn L. Jacobs.

 
 
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