Resolution - 2008-51RESOLUTION NO.2008-51
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST
COVINA DECLARING ITS SUPPORT FOR THE CONSTRUCTION OF A
NFL STADIUM IN INDUSTRY, CALIFORNIA
WHEREAS, the City of West Covina is supportive of Majestic Realty Corporation's
effort to bring a National Football League Team to the City of Industry, California; and
WHEREAS, Majestic Realty Corporation is proposing a state -of -art football stadium,
with 2.9 million square feet of commercial development with office space, retail space,.
restaurants, live theater and movie theater; and
WHEREAS, the proposed project will increase travel to the San Gabriel Valley, including
West Covina, thus increasing business opportunities and revenues in West Covina and property
values throughout our community; and
WHEREAS, the projected is estimated to create over 3,000 new jobs, is centrally located
to residents throughout Southern California, and will provide a professional football team in the
largest market not currently served by a team; and
WHEREAS, additional businesses will want to locate within West Covina to serve the
visitors to the proposed stadium; and
WHEREAS, the City of West Covina will benefit from additional sales tax, property tax,
and businesses development licenses/fees with the development of a professional stadium in the
City of Industry.
NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WEST COVINA AS FOLLOWS:
Section 1. The City of West Covina hereby declares its support for the construction of a
National Football League (NFL) stadium in the City of Industry; and
Section 2. That the City Clerk shall certify to the adoption of this Resolution and forward a
copy to the Mayors of the San Gabriel Valley) and all federal, State, and Los
Angeles County elected officials representing West Covina; and
Section 3. That this resolution shall become effective immediately upon passage and
adoption.
APPROVED AND ADOPTED on this 19"' day of August 2008.
atey, �0
Mayor Sherri Lane
ATTEST: -`
City Clerk aurie Carrico
r
Resolution No. 2008-51
Page 2
I, LAURIE CARRICO, CITY CLERK of the City of West Covina, California, do hereby certify
that the foregoing resolution was duly adopted by the City Council of the City of West Covina,
California, at a regular meeting held thereof on the 19`h day of August 2008, by the following
vote of the City Council:
AYES: Herfert, Hernandez, Sanderson, Touhey, Lane
NOES: None
ABSENT: None
ABSTAIN: None
Jr^
ity Clerk La e Carrico-
APPROVED AS TO FORM:
ty Attorney old Alvarez-Glasman