CITY EYES FEE WAIVER FOR FACTORY; METAL PLANT LEAVING PACOIMA; COMPANY ATTRACTED TO PALMDALE.Byline: Jim Skeen Daily News Staff Writer City officials are considering waiving $114,821 in traffic and drainage fees to lure lure the skin-covered object which runs on a monorail on a Greyhound racing track and which the dogs are schooled to chase. The lure must be kept 30 to 40 ft ahead of the leading dog so that the field is stretched out. a Pacoima sheet metal manufacturer that would bring in 100 workers. Robert F. Chapman Inc. wants to consolidate its operations and was attracted to Palmdale because of the availability of affordable land, a company official said. The company, which has been in business for more than 40 years, operates now out of four buildings. ``We decided we needed more room,'' said Joan Grier, chief financial officer for the company. ``You can't efficiently run a company if you're under four roofs.'' The company wants to build a 65,000-square-foot factory north of Avenue Q, just east of 30th Street East. No cost estimate was available for the building. The city staff is recommending waiving the traffic and drainage fees if the company employs at least 100 workers for five years. The proposal calls for the company to occupy its new factory by Aug. 1, 1999, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report prepared by Danny Roberts Danny Roberts (born July 19, 1977 in Atlanta, Georgia) is best known for appearing on in 2000. He started a relationship with Paul Dill, who was a captain in the US Army at the time, stationed in Vicenza, Italy. Because of the U.S. , assistant redevelopment agency director, and Carrie Rogers, economic development project manager. ``It is staff's belief that this project will bring additional employment opportunities to the citizens of Palmdale and provide another source of diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. to our local economy,'' the staff report said. The proposal to waive To intentionally or voluntarily relinquish a known right or engage in conduct warranting an inference that a right has been surrendered. For example, an individual is said to waive the right to bring a tort action when he or she renounces the remedy provided by law for such the fees will be heard by the City Council at its meeting at 7 p.m. Wednesday in council chambers, 708 E. Palmdale Blvd. In the proposed agreement, the company also could take advantage of the Antelope Valley's enterprise zone status. Businesses in the zone are eligible for state tax credits, including credits on equipment purchases, interest deductions Interest deduction An interest expense, such as interest on a margin account, that is allowed as a deduction for tax purposes. for income earned on investments, and wage credits for workers hired through certain programs. The enterprise zone already has attracted Senior Systems Technology Inc., a Chatsworth electronics assembler Software that translates assembly language into machine language. Contrast with compiler, which is used to translate a high-level language, such as COBOL or C, into assembly language first and then into machine language. that is nearing completion of a 500-job factory in Palmdale; a Michaels craft-store chain warehouse, which will being in 130 workers to Lancaster; and a RiteAid drugstore chain warehouse, which could result in as many as 1,000 workers coming to Lancaster. SUCCESS STORIES Previous enterprise zone success stories: Senior Systems Technology Inc., electronic components factory in Palmdale. 500 jobs. Michaels craft-store chain, warehouse in Lancaster. 130 workers. Rite Aid Rite Aid (NYSE: RAD) is a United States retailer and pharmacy chain, operating over 5,000 stores in 31 states and the District of Columbia. Rite Aid Corporation is one of the nation's leading drugstore chains. drugstore chain, warehouse in Lancaster. Potential for 1,000 jobs. CAPTION(S): Box BOX: SUCCESS STORIES (See text) |
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