Economic Development Committee recommends adopting capital investment incentive program
Economic Development staff recommended a state‑authorized Capital Investment Incentive Program (SIP) to attract manufacturers; the committee voted unanimously to recommend that the City Council adopt the enabling resolution, with future individual incentives to return to council for approval.
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The Economic Development Committee on the (date) voted to recommend that the City Council adopt a resolution establishing a Capital Investment Incentive Program (SIP), a state‑authorized tool intended to help attract large manufacturing investments to Riverside.
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