HomeMy WebLinkAboutRecycling Market Development Zone - Study Session PowerPoint6/15/2015
June 15, 2015 — Study Session
What is a RMDZ
The Recycling Market Development Zone is an economic
development program that utilizes the growing supply of
recyclable materials to fuel new businesses, expand existing
ones, create jobs, and divert waste.
Inclusion in a RMDZ fosters businesses that manufacture
products using secondary materials or that seek to partner
with other companies who may want to use their discards.
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COMMUNICATION
Meeting Date: S� ( 0l1s— i
Agenda Item No. U �J
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Steps to Become a RMDZ
0 Currently there are 36 RMDZs — None in Orange County
Q If approved, HB as the lead, along with other Orange
County cities, will apply to the State for designation as a
Zone. No Cost to the City
0 Once created, all eligible businesses within the City can
receive RMDZ benefits and assistance.
0 A RMDZ is an Economic Development tool for a City as it
provides attractive loans, technical assistance and free
product marketing to businesses.
Economic Development
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Benefits to Businesses
• The RMDZ program is specifically designed for businesses
and manufacturers that utilize products that normally would
end up in a landfill.
Is Currently the City has 226 businesses that would
qualify under the RMDZ loan program.
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6/15/2015
Business Benefits
RMDZ Supporters
• Huntington Beach Chamber of Commerce
• C1eanTech OC
• Rainbow Disposal (Republic Services)
• Association of California Cities — Orange County
• County of Orange
4
6/15/2015
Next Steps
➢ Finalize Zone Participants
➢ Finalize County support
➢ Prepare Application — Resolution approved by Council
including an Exemption from CEQA (Council Approval)
➢ Application Period — Due to CalRecycle by October
➢ Education & Outreach - If approved, create quarterly
business outreach meetings and networking opportunities