Amazon HQ2

March Joint Powers Authority Proposed Sites

March Joint Powers Authority Incentives The March Joint Powers Authority is an award-winning Base Reuse Authority fostering successful public-private partnerships for the development of former March Air Force Base properties. Located within the heart of western Riverside County and under the joint leadership of the Riverside County Board of Supervisors and City Councils of Moreno Valley, Perris, and Riverside, the March JPA is home to one of themost sustainable and progressive business centers within California. Fast Track Project Entitlement/Permitting As the Base Reuse Authority for former March Air Force Base properties, March JPA was assigned land use authority over its properties whichmeans that the JPA has the ability to entitle and permit all developments on its properties. These processes do not require any additional permits from the County of Riverside or surrounding cities. The Agency’s land use authority, coupled with its economic development function, has allowed it to formulate plans that streamline the entitlement and permitting of projects proposed within the March JPA Planning Area. Because Meridian Business Park was fully entitled by the March JPA, incoming businesses enjoy aminimal review process for permitting or subsequent entitlements. Companies looking to move into existing shell buildings can occupy facilities within 60 days of applying for tenant improvement permits. Businesses seeking new entitlements on shovel ready properties have received entitlements in 90-days of submitting applications with construction work completed within one year of receiving entitlements. Administrative approvals can be issued within 72 hours while business owners enjoy personal one-on-one service for permit delivery on a regular basis. Fast track permitting is a process that only the March JPA can deliver with few, if any, complications because our mission is to create jobs as effectively and efficiently as possible.

Property Tax Offset Incentive The March Joint Powers Authority can help offset property taxes incurred for the first six years the company is operating within the March Joint Powers Authority’s jurisdiction. The offset will be up to a maximumof $75,000 per year. The timeline for this incentive can be negotiated. March JPA Career Pipeline Initiative (MARS Career Promise) The March JPA has partnered with local K-12 school districts, community colleges, universities, and workforce development agencies to forma career pipeline initiative that will ensure that businesses locating within March JPA’s Planning Area have direct access to a career-ready talent pool. This initiative is funded through local school programs and collaborative public- private funding tools with training opportunities that are also made available to employers in the area. March JPA’s career pipeline initiative will ensure that employers’ workforce needs aremet within an accelerated timeframe, thereby minimizing or avoiding any gaps in business operations. University of Southern California’s AMP SoCal Initiative The USC Sol Price School’s Center for Economic Development (Center) is the Administrator of the Advanced Manufacturing Partnership for Southern California (AMP SoCal), a program that works withmore than one hundred partners to support the development of a strong hi-tech economy within Southern California. AMP SoCal is a federally designated Investing in Manufacturing Communities Partnership (IMCP) region, providing employers, and their supply chain, with the tools, talent, and capacity to ensure operational success within the southern ten counties of California. The March Joint Powers Authority is a government partner of the AMP So Cal program. A number of different hi-tech companies participate in AMP SoCal sponsored programs. March JPA’s partnership within AMP So Cal would allow access to federally recognized funding opportunities in economic development.

Foreign-Trade Zone #244 The March Joint Powers Authority is the grantee of Foreign- Trade Zone (FTZ) 244. Established in 2000, FTZ #244 operates under the alternative site framework and currently comprises themajority of western Riverside County. Approval to operate using zone benefits may be obtained in as little as six weeks from the Foreign Trade Zones Board and U.S. Customs and Border Protection. Benefits of a Foreign-Trade Zone • Duty Deferral . Delayed payment of duties on goods that enter the U.S. market • Duty Exemption . No duties on or quota charges on imported goods that are later re-exported • Inverted Tariff. Manufacturing-specific benefits – with case-by-case approval by the FTZ Board – can include reduction of duties if a lower tariff rate applies to the finished product leaving the zone than the tariff rates that would have applied on foreign components. • Logistical Benefits . Reductions inmerchandise processing fees because zone users may be able to file a single customs “entry” (and pay a single fee) per week rather thanmaking multiple entries during the course of a week • Other Benefits. Elimination of duties on waste, scrap and rejected or defective parts • Enhancing Competitiveness. By reducing costs, FTZs improve U.S. competitiveness. FTZs help businesses reduce production, transaction, and logistics-related costs by lowering effective duty rates, allowing special entry procedures, and encouraging production closer tomarket. • Creating/Retaining Jobs and Encouraging Investment. By helping local employers remain competitive, zones can contribute tomaintaining or boosting employment opportunities. Plus, lower FTZ- based production costs encourage increased investment in U.S. facilities.

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