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SUBJECT: <br />DATE: <br />RESOLUTION 35, SERIES 2015 <br />JUNE 2,2015 <br />PAGE 3 OF 3 <br />Consumer Use Tax /Sales Tax exceed staff's estimate of $450,000; this rebated <br />assistance would be entirely offset by the projected $742,000 in additional revenue from <br />building permit fees, building use taxes and consumer use /sales taxes attributable to <br />the project over two years of operations. <br />RECOMMENDATION: <br />Staff recommends City Council approve the attached Resolution approving a Business <br />Assistance Agreement with AquaHydrex, Inc. <br />ATTACHMENTS: <br />1. Resolution No. 35, Series 2015 <br />2. Business Assistance Agreement <br />CITY COUNCIL COMMUNICATION <br />47 <br />