§ 12-1502. COUNCIL FINDINGS AND PURPOSE.

The Council finds and declares that the health, safety, and welfare of the people of the City of Fresno depend upon the development, stability, and expansion of private business, industry, and commerce in and near the City.

The Council further finds and declares that there is a lack of new employment opportunities in the City due to decreased private investment.

The Council further finds and declares that this lack of private investment is caused, in part, by requiring the payment of fees and the completion of improvements early in the development process, long before the private investment generates any income for the investor, thus making it financially infeasible for many businesses to begin operations in the Fresno area.

Therefore, it is declared to be the purpose of this Article to stimulate business and industrial growth in the City by deferring the payment of fees, postponing the installation of improvements, and relaxing regulatory controls that impede private investment. (Added Ord. 97-29, § 1, eff. 7-28-97).