City of Long Beach - File #: 32963_000

• File #: 32963_000
• Version: 1
• Name: SIGNAL HILL, CITY OF / OFFICE DEPOT, INC - ECONOMIC DEVELOPMENT AGREEMENT FOR TAX REBATE
• Type: Conformed Contract
• Status: CCIS
• File created: 3/1/2013
• In control: City Clerk
• On agenda: 7/24/2012
• Final action: 7/24/2012
• Title: ECONOMIC DEVELOPMENT AGREEMENT FOR TAX REBATE: PROVIDE FURTHER INCENTIVES TO OFFICE DEPOT BY SUPPLEMENTING PAYMENT AMOUNTS ALREADY PAID UNDER 1996 OPA, CITY'S TOTAL REBATE OF LOCAL SALES TAX REVENUES TO OFFICE DEPOT WILL BE 70% OF ALL LOCAL SALES TAX REVENUES GENERATED BY OFFICE DEPOT OPERATIONS IN SIGNAL HILL & LONG BEACH (NOTE: ALSO SEE CONTRACT #27984)
• Sponsors: Financial Management
• Indexes: Agreements
• Related files: 12-0562

Date	Ver.	Action By	Action	Result
7/24/2012	1	City Council	authorize City Manager	Pass

TITLE

ECONOMIC DEVELOPMENT AGREEMENT FOR TAX REBATE:  PROVIDE FURTHER INCENTIVES TO OFFICE DEPOT BY SUPPLEMENTING PAYMENT AMOUNTS ALREADY PAID UNDER 1996 OPA, CITY'S TOTAL REBATE OF LOCAL SALES TAX REVENUES TO OFFICE DEPOT WILL BE 70% OF ALL LOCAL SALES TAX REVENUES GENERATED BY OFFICE DEPOT OPERATIONS IN SIGNAL HILL & LONG BEACH (NOTE:  ALSO SEE CONTRACT #27984)