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HomeMy WebLinkAbout08-11-2026 Economic Development Subsidy VIP - PH NoticeCITY OF ORANGE NOTICE OF PUBLIC HEARING ECONOMIC DEVELOPMENT SUBSIDY VEHICLE INCENTIVE PROGRAM NOTICE IS HEREBY GIVEN that the City Council of the City of Orange will hold a Public Hearing at a Regular Meeting of the City Council on Tuesday, August 11, 2026, at 6:00 p.m., or as soon thereafter as the matter may be heard, in the City Council Chamber, 300 E. Chapman Avenue, Orange to consider approval of an economic development subsidy and a Participation Agreement establishing the City of Orange Vehicle Incentive Program (VIP). At the Public Hearing, the City Council will consider all testimony and evidence regarding the proposed vehicle incentive program, including the following information required pursuant to California Government Code section 53083: 1.The name and address of all corporations or any other business entities, except for sole proprietorships, that are the beneficiary of the economic development subsidy. The proposed Participation Agreement is with Mazda of Orange, 1350 W. Katella Ave., Orange, CA; Selman Chevrolet, 1800 E. Chapman Ave., Orange, CA; Nissan of Orange, 1140 West Katella, Orange, CA; Toyota of Orange, 1400 North Tustin Ave., Orange, CA; and Villa Ford of Orange, 2550 North Tustin Ave., Orange, CA. 2.The start and end dates and schedule, if applicable, for the economic development subsidy. Upon City Council approval, the proposed Participation Agreement is expected to commence on April 1, 2027, and end on April 1, 2040, for a thirteen-year term set to align with the duration of the proposed sales tax measure, which is anticipated for the November 2026 ballot and is contingent upon voter approval. Should the measure be extended or renewed, the City Manager and/or City Council would have the authority to extend the VIP accordingly. Because the term of the sales tax exceeds ten years, the City will post this report on the City's website for the full term, issue an interim report to the Council within five years of approval, and the City Council will hold a public hearing at the conclusion of the subsidy, consistent with Government Code Section 53083. 3.A description of the economic development subsidy, including the estimated total amount of the expenditure of public funds by, or of revenue lost to, the local agency as a result of the economic development subsidy. The proposed VIP is a buy-local vehicle incentive program under which eligible City of Orange residents and licensed Orange businesses may receive a $500 incentive for the purchase or lease of a qualifying new vehicle, or a $250 incentive for the purchase of a qualifying pre-owned vehicle with a minimum final sales price of $15,000, from a participating franchised vehicle dealership located in the City of Orange. Pre-owned vehicle leases, motorcycles, off-road vehicles, and watercraft would not be eligible. Vehicle incentive reimbursements would be capped at $1,550,000 per year and $20,150,000 over the Program term. Up to $50,000 per year may be used for City marketing and administration, resulting in a maximum total public expenditure of $20,800,000 over the thirteen-year term. All expenditures would be subject to annual City Council appropriation and the availability of legally available funds. 4.A statement of the public purposes for the economic development subsidy. The public purposes of the proposed subsidy are to encourage Orange residents and businesses to purchase or lease qualifying vehicles locally, retain vehicle sales and related Bradley-Burns sales-tax revenue within the City, support the continued operation of Orange dealerships, and protect existing local employment. 5.Projected tax revenue to the local agency as a result of the economic development subsidy. The Economic Development Subsidy Report projects approximately $118,037 in additional annual Bradley-Burns revenue attributable to retained vehicle purchases, or approximately $1.53 million over the thirteen-year term, without adjustment for inflation or changes in vehicle prices or purchasing activity. 6.Estimated number of jobs created by the economic development subsidy, broken down by full-time, part-time, and temporary positions. The program is not expected to create a significant number of new jobs; its principal employment purpose is to support the retention of existing dealership positions. PUBLIC REVIEW AND AVAILABILITY OF REPORTS: The Economic Development Subsidy Report, proposed Participation Agreement, Program Guidelines, and related documents are available for public review during normal business hours at the City Clerk’s Office, 300 E. Chapman Avenue, Orange,92866 and are posted online at https://www.cityoforange.org/business/economic-development. The staff report and related materials will be available no later than 72 hours before the Public Hearing as part of the August 11, 2026, City Council agenda on the City's website. ADA ACCOMMODATIONS:If you require special assistance to participate in the hearing, please contact the City Clerk at (714) 744-5500 at least 48 hours before the meeting to enable the City to make reasonable arrangements. FURTHER INFORMATION:All interested persons may be heard on any relevant matter relating to the proposed action by mail, eComment, remote participation, or in-person as set forth in the August 11, 2026, City Council agenda. To obtain further information about the VIP, please contact the City of Orange Economic Development Division at (714) 744-7220. If you challenge the City Council's action regarding this matter in court, you may be limited to raising only those issues you or someone else raised at the public hearing described in this notice, or in written correspondence delivered to the City Council before the public hearing. Pamela Coleman, CMC City Clerk Published: July 30, 2026 Posted: July 30, 2026