Rancho Cordova’s new funding plan could bring more businesses

FRIDAY, A LIVE LOOK OVER RANCHO CORDOVA, NOW WHERE THE CITY IS TAKING STEPS TO INVEST IN ITS ECONOMIC GROWTH. TOMORROW, THE CITY COUNCIL WILL CONSIDER CREATING A NEW RETAIL INCENTIVE PROGRAM, AND THE GOAL IS TO BRING IN MORE ENTERTAINMENT VENUES AND RESTAURANTS. KCRA 3’S CORTEZ IS LIVE IN RANCHO CORDOVA TONIGHT, SO HOW ARE RESIDENTS REACTING TO THIS? YEAH, ANDREA, WHEN I SPOKE WITH RESIDENTS, THEY ACTUALLY LOVE THAT THE CITY IS GROWING. THEY JUST SAY THERE’S NOT MUCH TO DO. AND WITH RANCHO CORDOVA THE FIFTH FASTEST GROWING CITY IN CALIFORNIA, THIS PROPOSAL WILL GIVE MORE OPTIONS FOR FAMILIES TO HAVE A NIGHT OUT. ON ANY GIVEN DAY IN RANCHO CORDOVA, YOU’LL FIND FAMILIES DOING THE SAME THING, LOOKING FOR SOMETHING TO DO. IT WOULD BE NICE IF THEY HAD, YOU KNOW, MORE OPTIONS. MOST OF THE TIMES YOU WOULD HAVE TO GO EITHER TOWARDS ROSEVILLE OR FURTHER INTO SACRAMENTO. AS THE CITY CONTINUES TO GROW, FAMILIES SAY ITS RETAIL EVENT SPACES HAVEN’T KEPT PACE. ONE THING THEY WANTED, THEY SUGGESTED, WAS A TRAMPOLINE PARK. THERE USED TO BE ONE HERE, BUT THEY TOOK IT OUT. I THINK THE CLOSEST ONE MIGHT BE IN FOLSOM. CITY COUNCIL MEMBER JOE LITTLE SAYS. THAT’S EXACTLY WHY THEY’RE LOOKING AT CREATING A RETAIL INCENTIVE PROGRAM. WE’RE ALWAYS LOOKING FOR THINGS FOR PEOPLE TO DO IN THE CITY, RATHER THAN GO SPEND THEIR MONEY ELSEWHERE. THE PROGRAM WOULD PROVIDE UP TO $25,000 IN MEASURE R SALES TAX FUNDING TO HELP BUSINESSES PAY RENT, PURCHASE EQUIPMENT OR FUND MARKETING. LEADERS HOPE IT ATTRACTS MORE BUSINESSES AND SUPPORTS THE CITY’S ECONOMIC GROWTH. IT INCREASES OUR SALES TAX REVENUE. WE INCREASE THAT REVENUE. WE CAN INCREASE THE QUALITY OF CITY SERVICES WE PROVIDE. SO TRULY EVERYONE WINS AT ALL STAR KARTING. DONALD DURBIN SEES THE POTENTIAL, HOPING THAT MORE BUSINESSES WILL BRING EVEN MORE CUSTOMERS. WITH THE NEW HOMES BEING CONSTRUCTED CLOSE BY, BUSINESSES GROWING IN THE AREA. WE’VE DEFINITELY SEEN A LOT MORE PEOPLE LOOKING FOR THINGS TO DO OUTSIDE. HAVE A GOOD TIME, WE HAVE THE MONEY AND WE CAN HELP YOU, BUT WE’RE RELIANT ON THE BUSINESSES AND THE PEOPLE TO COME TO US WITH GOOD IDEAS. AND QUALIFYING SECTORS WOULD BE, YOU KNOW, BOWLING CENTERS, MOVIE THEATERS, RESTAURANTS, PRETTY MUCH ANYTHING THAT THE KIDS LIKE MEETING WILL BE TOMORROW AT 530. LIVE IN RANCHO CORDOVA IN CORTEZ. KCRA THREE NEWS. SO ARE THERE REQUIREMENTS ON HOW LONG BUSINESSES HAVE TO STAY IN THE CITY? SO THERE IS RANCHO CORDOVA IS LOOKING LONG TERM. SO FOR APPLICANTS THAT WANT, YOU KNOW, TO BRING THEIR BUSINESS HERE, THEY HAVE TO STAY WITHIN THE CITY LIMITS FOR AT LEAST FIVE YEARS OR BE FORCED TO PAY BA