HomeMy WebLinkAboutCalifornia Enterprise Development Authority (CEDA) letter acC ORObirnk Efm�elrplrhoe Devepo pmerM & U A(Dirky
Targeting Capital Resources to Grow Local. Economies
February 9, 2014
Joan L. Flynn
City Clerk
City of Huntington Beach
2000 Main Street
Huntington Beach, CA 92648
Hello Joan,
Welcome to the California Enterprise Development Authority! By joining this joint -powers authority, the City
of Huntington Beach is in good company as the 123rd Associate Member of CEDA since our inception in
2006. In that time, communities across the state have realized the value of supporting their local employers
through tax-exempt financing.
As a member of CEDA, Beaumont now offers the following suite of tax-exempt financing opportunities to its
businesses:
• Non -Profit Bonds —non-profit businesses within your jurisdiction can enjoy the benefits of tax-
exempt financing on projects with a minimum value of $1.5-2M. These projects can include new
construction, land acquisition, and equipping as well as the refinancing of existing debt.
• Industrial Development Bonds —manufacturing businesses in your community may use the IDB
proceeds on equipment and facilities directly related to manufacturing. These projects must have a
minimum value of $2M and a maximum value of $10M, with total project costs not to exceed $20M.
• Property -Assessed Clean Energy —PACE bonds allow commercial property owners to finance
energy efficiency improvements on their facilities and attach the repayment of those activities to the
physical property. Eligible improvements include green roofs, solar panels, and much more.
With over $1 billion issued since 2006, CEDA has a proven track record of helping California employers
succeed in q reducing operating costs in a competitive r; o If you would like a press release template
to promote your CEDA Associate Membership to yourTR and businesses and non -profits, please
contact Michelle Stephens at 916.448.8252 x12 or michelle@caled.org.
For more information on how you can work with CEDA, please visit our website at www.ceda.caled.om or
contact Michelle Stephens.
Thank you for becoming one of our newest members!
Sin 4Sah
ur a
Board Chair
Enclosure: CEDA Associate Member List
SSQD Bercut Drive, Suite G ogo Sacramento, CA 95811 o00 (916) 448-8252 x. 12 oga wwwxeda.caled.org
Sponsored by California Association for Local Economic Development
Exhibit A
City of Eureka
City of Lancaster
City of Selma
CEDA Memhcrs
CEDA Founding Members (3)
CEDA Associate Members (128)
City of Aliso Viejo
City of La Mesa
City of Anaheim
City of Lemon Grove
City of Anitoch
City of Lincoln
City of Bakersfield
City of Live Oak
City of Beaumont
City of Lomita
City of Carlsbad
City of Long Beach
City of Chico
City of Milpitas
City of Chowchilla
City of Monrovia
City of Clovis
City of Montebello
City of Commerce
City of National City
City of Concord
City of Newport Beach
City of Cypress
City of Oakdale
City of Del Mar
City of Oakley
City of Duarte
City of Oceanside
City of Dublin
City of Orange
City of El Cajon
City of Orland
City of El Segundo
City of Oroville
City of Elk Grove
City of Oxnard
City of Encinitas
City of Palmdale
City of Escondido
City of Palm Springs
City of Eureka
City of Palo Alto
City of Fairfield
City of Pasadena
City of Foster City
City of Pittsburg
City of Fremont
` oway
City of Fresno
f Rancho Cordova
City of Gardena
City of Rancho Palos Verdes
City of Grand Terrace
City of Redding
City of Greenfield
City of Redlands
City of Hayward
City of Redondo Beach
City of Hawthorne
City of Redwood City
City of Hermosa Beach
City of Reedley
City of Huntington Beach
City of Richmond
City of Imperial Beach
City of Riverside
City of Industry
City of Rolling Hills '
City of Inglewood
City of Rolling Hills Estates
City of Kerman
City of Roseville
City of King City
City of Salinas
City of Kingsburg
As of 2.5.15
Exhibit A
City of San Clemente
City of Woodside
City of San Diego
City of Yuba City
City of San Jose
County of Alameda
City of San Marcos
County of Butte
City of San Mateo
County of Contra Costa
City of San Pablo
County of Imperial
City of San Ramon
County of Kern
City of Santa Ana
County of Madera
City of Santa Paula
County of Marin
City of Santee
County of Merced
City of Shafter
County of Monterey
City of Simi Valley
County of Napa
City of Solana Beach
County of Placer
City of South Lake Tahoe
County of Riverside
City of South Pasadena
County of Sacramento
City of South San Francisco
County of San Bernardino
City of Stockton
County of San Diego
City of Tehachapi
County & City of San Francisco
City of Torrance
County of San Luis Obispo
City of Turlock
County of San Mateo
City of Upland
County of Santa Barbara
City of Vernon
County of Santa Clara
City of Vista
County of Sonoma
City of Walnut Creek
County of Stanislaus
City of Wasco
County of Ventura
City of Waterford
County of Yolo
City of Westminster
Town of Paradise
City of Willows
Ukiah Redevelopment Agency
C�
As of 2.5.15