County 1www.fresnoedc.com

FRESNOCOUNTY

Growing the California Dream

Fresno

San Francisco

Los Angeles

Consider the advantages of Fresno County: • Centered in the world’s 6th largest economy• Home to California’s 5th largest city• Located between California’s major markets• 38+ million consumers within reach by next-day ground delivery• Most cost-effective, accessible region in California• Business friendly environment • Local business incentives available• Skilled, productive workforce

Expansion on the horizon?

Looking for a West Coast presence?

TABLE OF CONTENTS

Demographics..........................

Workforce................................

Higher Education....................

Top Employers..........................

Business Activity.......................

Location & Infrastructure...........

Logistics....................................

Transportation..............................

Housing Market...........................

Seismic Stability................................

Weather......................................

Incentives......................................

EDC Services..............................

3

4

5

6

7

10

11

12

13

14

15

16

19

CONTACT

Mark J. Mimms IIEconomic Development Coordinator(559) 476-2509MMimms@fresnoedc.com

In partnership with

2

DEMOGRAPHICS

The County will grow to more than 1 million residents by the year 2020

Since the 2010 census, the population of Fresno County has grown by 3.6 percent. According to California Department of Finance population projections, the county will grow to over 1 million residents by the year 2020.

Source: California Department of Finance

Projected Growth Rates Population (2015-2030)

Fresno County 22.4%

California 13.4%

Population (2016) Fresno County 984,541

Clovis 108,039 Coalinga 16,667 Firebaugh 8,154 Fowler 5,944 Fresno* 520,453 Huron 6,914 Kerman 14,366 Kingsburg 12,101 Mendota 11,763 Orange Cove 9,220 Parlier 15,395 Reedley 25,999 Sanger 26,024 San Joaquin 4,047 Selma 24,844

FACT:

*5th largest city in California by population

Fresno Among Fastest-Growing World Economies

A report published by The Brookings Institution’s Metropolitan Policy Program ranked the Fresno metropolitan area as one of the world’s fastest-growing economies for 2013-2014. The report analyzed employment and GDP per capita growth from the previous year for the world’s 300 largest metropolitan economies. Fresno, ranked 49th, was one of only four U.S. metro areas to rank inside the top 50. Austin and Houston, TX ranked 38th and 39th, while Raleigh, NC was 41st.

DIVERSITY

Fresno County is a geographically and culturally diverse county encompassing nearly 6,000 square miles. With 15 incorporated cities, ranging from a few thousand in population to the 5th largest city in the state, the county is able to suit a wide variety of industries.

County 3

WORKFORCE

Current labor and industry information along with occupational industry projections for the Fresno Metropolitan Statistical Area (MSA)

California Employment Development Department, December 2016

Fresno County Labor Force 441,200

Employed 399,200

Unemployed 42,000

Unemployment Rate 9.5%

Top 5 Projected Growth Industries by Employment - Fresno MSA (2012 - 2022)

Rank Industry % Growth

1 Construction 37.7%

2Educational Svs, Health Care,

& Social Assistance31.9%

3 Professional & Business Svs 31.4%

4 Leisure & Hospitality 22.1%

5 Financial Activities 19.5%California Employment Development Department, Employment Projections by Industry and Occupation, Feb. 2015

Industry Employment - Fresno MSA

IndustryDec ‘16

EmployedDec ‘15

EmployedYOY

ChangeYOY

Change (%)Total, All Industries

375,600 369,900 5,700 1.5%

Total Farm 39,400 39,400 0 0.0%

Total Nonfarm 336,200 330,500 5,700 1.7%

Mining & Lodging

300 300 0 0.0%

Construction 14,800 14,500 300 2.1%

Manufacturing 25,400 25,200 200 0.8%

Trade, Trans., & Utilities

69,200 67,500 1,700 2.5%

Information 3,800 3,900 (100) (2.6%)

Financial Activities

13,600 13,200 400 3.0%

Professional & Business Svs

30,200 31,200 (1,000) (3.2%)

Educational & Health Svs

63,500 62,600 900 1.4%

Leisure & Hospitality

31,100 30,500 600 2.0%

Other Services 11,600 11,400 200 1.8%

Government 72,700 70,200 2,500 3.6%California Employment Development Department, December 2016

Top 5 Projected Growth Occupations by Occupational Classification - Fresno MSA (2012 - 2022)

RankSOCCode

Occupational Title % Growth

1 39-0000Personal Care & Svs

Occupations38.0%

2 17-0000Architecture & Engineering

Occupations35.4%

3 47-0000Construction & Extraction

Occupations32.2%

4 31-0000Healthcare Support

Occupations26.0%

5 15-0000Computer & Mathematical

Occupations24.8%

California Employment Development Department, Employment Projections by Industry and Occupation, Feb. 2015

4

HIGHER EDUCATION

Universities

Fresno StateCalifornia State University, Fresno, universally known as Fresno State, is the largest university located in central California with a student population of more than 23,000. Consisting of eight Schools and Colleges, Fresno State offers undergraduate, graduate, and doctoral degrees. It was the first university in the U.S. to operate a fully licensed commercial winery. The Lyles College of Engineering offers undergraduate and graduate degrees in the following programs:

Civil Engineering • Computer Engineering Construction Management • Electrical EngineeringGeomatics Engineering • Mechanical Engineering

University of California, Merced UC Merced is the newest of the University of California campuses, located about 50 minutes north of Fresno. The university currently has a student enrollment of more than 6,200 with undergraduate and postgraduate degrees available from three Schools, with an additional two - School of Medicine and School of Management - planned for the near future. The School of Engineering offers undergraduate and graduate degrees in the following programs:

Bioengineering • Computer Science EngineeringEnvironmental Engineering • Electrical EngineeringMechanical Engineering • Materials Science & Engineering

Fresno Pacific UniversityFresno Pacific is a private liberal arts university located in the city of Fresno. Current enrollment exceeds 3,400 with bachelor’s and master’s degree programs available from five Schools.

University of California, San Francisco - FresnoUCSF Fresno is a major clinical and educational branch of the UCSF School of Medicine. It is the only major campus of the five UCSF campuses to be located outside the city of San Francisco. UCSF is exclusively dedicated to graduate education in the health sciences and is widely regarded as one of the world’s leading universities in medical education and research. It currently ranks as the 3rd best medical school in the country for both Research and Primary Care in the 2016 Best Medical Schools rankings released by U.S. News & World Report.

California Health Sciences UniversityThe first university of its kind in Fresno County, California Health Sciences University (CHSU) welcomed its inaugural College of Pharmacy class in August of 2014 in Clovis, CA. CHSU College of Pharmacy is a four-year pharmacy school that provides a Doctor of Pharmacy degree (Pharm.D.) program. CHSU plans to open four more doctoral schools at their 70-acre planned master campus to train health care professionals in the San Joaquin Valley. The five colleges to be housed on the main campus will include:

College of Pharmacy • College of Medicine College of Allied Health • College of Dentistry

College of Optometry

Professional & Technical Schools Bitwise Industries - Geekwise AcademyLocated in Downtown Fresno, Geekwise Academy is an accelerated training program for current and aspiring computer programmers and developers. The Academy teaches students hard skills currently in-demand in the technology industry with a variety of six week courses that are fast-paced, rigorous, and narrowly focused. Selected students then participate in a 26-week internship program that has been developed to bridge the gap between the students and their ability to move into roles as developers in the Fresno technology industry.

San Joaquin College of Law Clovis, CAInstitute of Technology Clovis, CA

Community CollegesClovis Community College Clovis, CAFresno City College Fresno, CAReedley College Reedley, CAWest Hills College, Coalinga Coalinga, CAWest Hills College, North Center Firebaugh CA

County 5

TOP EMPLOYERS

Top 10 Major Private Employers

# Company Location Industry Employees

1. Community Medical Centers Multiple Healthcare 8,100+

2. Saint Agnes Medical Center Fresno Healthcare 2,812

3. Kaiser Permanente Fresno Fresno Healthcare 2,250

4. Alorica, Inc. Multiple Call-Center 2,100

5. Cargill Meat Solutions Fresno Food Processing 1,300

6. Wawona Frozen Foods Clovis Food Processing 1,200

7. Pelco by Schneider Electric Clovis Manufacturing 1,100

8. Foster Farms Multiple Food Processing 1,100

9. Harris Ranch Beef Company Selma Food Processing 1,000

10. Aetna Healthcare Fresno Healthcare 904

10TOP

6

BUSINESS ACTIVITY

Notable Opening & Expansion Announcements Fresno County 2014 - 2016

# Company Location TypeProject Size

(SF)New Jobs

Investment $

1. Horizon Nut Firebaugh New 400,000 300 $20 million

2. Harris Ranch Beef Company Selma Expansion 281,000 35 $10 million

3. IFCO Systems Fresno New 204,000 80 -

4. D&H Systems Fresno Expansion 200,000 40 $9 million

5. Pana-Pacific Fresno Expansion 150,000 100 $8.3 million

6. Cargill Fresno Expansion 124,800 300 $50 million

7. Scelzi Enterprises Fresno Expansion 80,000 100 $4 million

8. JD Foods Fresno Expansion 65,000 144 $10.5 million

9. Brenntag Pacific Fresno Expansion 53,787 22 $9 million

10. Bitwise Industries Fresno Expansion 53,000 - -

11. Quail-T-Ruck Services Fresno Expansion 50,000 5 $2.8 million

12. Lightning Source Fresno New 50,000 25 -

13. Sacramento Container Corp Kingsburg Expansion 45,000 40 $3.75 million

14. Caylym Technologies Fresno Expansion 41,000 53 $3.5 million

15. Valley Industrial Products Fresno New 37,500 15 -

16. Maxco Packaging Parlier Expansion 36,000 - $1.3 million

17. Fiore Di Pasta Fresno Expansion 36,000 - -

18. Baker Distributing Fresno New 24,450 10 -

19. Alfa Laval, Inc Fresno New 22,965 28 -

20. Blueline Rental Fresno New 17,500 17 -

21. Alorica, Inc. Fresno Expansion - 400 -

22. Aetna Health of California Fresno Expansion - 225 $29.1 million

23. The Gap, Inc. (Distribution Center) Fresno Expansion - 200 -

24. Betts Company Fresno Expansion - 53 $7 million

25. Producers Dairy Fresno Expansion - 50 -

26. Outback Materials Fresno Expansion - 49 $3.5 million

27. Xerox Fresno Expansion - 30 -

28. BCT Consulting Fresno Expansion - 17 $2.4 million

County 7

BUSINESS ACTIVITY

Selected Fresno County Development Projects:

Community Medical CentersClovis Cancer Center: Clovis Community Medical Center is planning a $65 million facility for cancer hospital. The 100,000 square foot facility will be one of a kind in the valley. The goal of the Cancer Center is to consolidate all of Community’s outpatient cancer services to the new facility and will conduct research with UCSF. Community Regional Medical Center: A five-story, 180,000 square foot pediatric office building in Downtown Fresno. The more then $1 billion expansion will feature pediatric sub-specialists and outpatient services. The expansion should be completed by the end of summer 2017.

California Health Sciences University (CHSU): CHSU’s announced plans to build their 826,000 square feet permanent medical school campus on 70 acres of land at the Clovis Research & Technology Park. The $250 million campus will eventually have 2,000-3,000 students and a staff of 300-400. This new university is planned to open the new campus in 2019.

Fowler Pediatric Care Medical Plaza: Valley Children’s Hospital and Adventist Health formed a partnership to build a $10 million medical plaza in the City of Fowler with an aim of improving pediatric rural health care services. The planned 16-acre state-of the art pediatric care facility, located adjacent to State Highway 99, is scheduled to open in the early part of 2018.

High-Speed Rail: The nation’s first ever high-speed rail project broke ground in Downtown Fresno in January 2015. Phase 1 of the $64 million California High-Speed Rail (HSR) project will connect San Francisco and Los Angeles through the San Joaquin Valley with passenger trains traveling up to 220 miles per hour. The first operational segment is expect to be completed by 2025 and Phase 1 by 2029. Construction of the system is currently underway in Fresno and Madera.

Downtown Fresno Station: Downtown Fresno has been designated as the location for the rail station serving Fresno and Madera Counties. The station will be located at Mariposa and H Streets and construction of the station could begin as soon as 2017. The City of Fresno in partnership with the California HSR Authority is developing a master plan to include station area designs, market feasibility analysis, a real estate development strategy, an infrastructure and financing plan, and transportation integration plan. The Fresno Station will support and further advance Downtown Fresno’s current revitalization efforts.

The Square at Campus Pointe: $260 million, 45 acre mixed-use development project at Fresno State. A public-private partnership development, at full build out, Campus Pointe will have over 1 million SF of space. Currently 250,000 SF of retail space has been constructed with anchor tenant Maya Theaters opening in April of 2015. Future phases of the project call for office buildings, a hotel, and a senior housing project.

8

BUSINESS ACTIVITY

Selected Fresno County Development Projects (continued):

The Fulton Street Reconstruction Project: The Fulton Mall was one of the nation’s first pedestrian malls constructed. Built in 1964, the mall converted Downtown Fresno’s “main” street into a pedestrian only mall. The mall and surrounding buildings have suffered from neglect for decades. The City of Fresno is planning a $20 million project to re-open the mall to vehicle traffic in an effort to help revitalize one of Fresno’s historic districts. Construction has began and will be completed in Spring 2017 .

Warehouse Row Project: $13 million renovation of the historic Warehouse Row buildings in Downtown Fresno. Nearly completed, project consists of 220,000 SF of commercial office space.

Clovis Centennial Plaza: Completed in the Spring of 2015, the 7,500 SF Clovis Centennial Plaza is located in Old Town Clovis in Clovis, CA. The next phase of the project will include the construction of two retail and office buildings adjacent to the plaza that will total 31,000 SF of new retail and office space. Construction will begin in early 2016. Clovis Centennial Plaza information.

Hotel Fresno: $23 million renovation project of Downtown Fresno’s historic Hotel Fresno. When complete, the seven-story building will consist of 79 residential apartment units. Renovations are expected to begin in 2016.

GV Urban: GV Urban of Granville Homes, a major residential developer in Fresno, is Granville’s urban development division focused on new, preservation, and revitalization residential development projects in Downtown Fresno. In just the past couple of years GV Urban has completed 7 residential mixed-use projects in Downtown Fresno, with another nearing completion. The eight projects total to nearly 270 multi-family housing units along with an additional 15,000 SF of retail/commercial space. GV Urban has plans for new projects as Downtown Fresno’s revitalization continues to expand. Boardwalk at Palm Bluffs: New 74,000 SF office complex development located in north Fresno. The new development is part of the larger Palm Bluffs Corporate Center project, which includes 1.7 million SF of existing occupied commercial office space. The Marketplace at El Paseo: 45 acre retail development project located in northwest Fresno. Phase 1 of the project has been completed, which consists of 400,000 SF of retails space. Phase 2, an additional 350,000 SF of retails space is currently under construction.

Hotel Projects: There are six hotel projects in the Fresno/Clovis area that have reached the permitting process. Clovis, CA o 79-unit hotel located near Shaw Ave and Clovis Ave. o 114-unit hotel located on Shaw Ave east of CA-168. Fresno, CA o 92-unit hotel located on West Shaw Ave east of CA-99. o 100-unit hotel near Herndon Ave and CA-41 with 6,200 SF event center. o 92-unit hotel located just south of Fresno-Yosemite International Airport. o 152-unit hotel to be located in the Campus Pointe development at Fresno State.

County 9

LOCATION & INFRASTRUCTURE

Measure C Much of Fresno County’s road and highway improvements are funded by Measure C, a half-cent sales tax aimed at improving the overall quality of Fresno County’s transportation system. In its first 20 years, Measure C delivered more than $1 billion of improvements to state highways and county roadways, including the building of additional lanes to freeways throughout the County. As a result of the successful original measure, Fresno County voters chose to extend Measure C for an additional 20 years.

According to a March 2015 Brookings Institute report analyzing the nation’s top 96 Large Metro areas, Fresno – at 5.6 miles – has the 7th shortest typical commute distance in the country.

Centrally Located Fresno County is centrally located between California major markets in northern and southern California, with access to two of the state’s major transportation corridors in freeway CA-99 and I-5.

City/Region Distance from Fresno

Silicon Valley 140 miles

Sacramento 145 miles

Los Angeles 192 miles

Reno 285 miles

San Diego 315 miles

Las Vegas 385 miles

Phoenix 580 miles

10

LOGISTICS

Distances to Deep Water Ports

Port Miles from Fresno

Stockton 116

Oakland 165

LA/Long Beach 241

Las Vegas

Seattle

Portland

Boise

Sacramento

San Francisco

FRESNO

Los Angeles

San Diego

Reno

Phoenix

Tucson

Albuquerque

Denver

Salt LakeCity

FedEx

Seattle

Portland

Boise

Sacramento

San Francisco

FRESNO

Los Angeles

San Diego

Reno

Phoenix

Tucson

Albuquerque

Denver

Salt LakeCity

Las Vegas

Seattle

Portland

Boise

Sacramento

San Francisco

FRESNO

Los Angeles

San Diego

Reno

Phoenix

Tucson

Denver

Salt LakeCity

Las Vegas

Ground Package DeliveryTransit Days from Fresno

UPS

OnTrac

Transit Days

1

2

3

4

Reach over 38 million customers with guaranteed next-day ground service, without the additional cost of expedited shipping.

Due to Fresno’s unique location in the middle of the state, FedEx, UPS, and OnTrac, can reach all of California’s major market within 1 day with their standard ground shipping, guaranteed.OnTrac even has the ability to reach the entire west coast with their standard ground shipping service.

County 11

TRANSPORTATION

The Fresno Yosemite International Airport (FYI)is located approximately six air miles northeast of downtown Fresno. FYI currently has direct jet service to

Los Angeles, San Francisco, San Diego, Portland, Seattle, Las Vegas, Phoenix, Denver, Salt Lake City, Dallas/Fort Worth, Honolulu, and Guadalajara, Mexico. Local residents appreciate the ease of getting in and out of the Fresno Airport compared to other terminals in our nation. A newly expanded terminal will enhance service even further.

Freight Rail is one of the most viable transportation options for the Fresno County manufacturing and distribution/warehousing industries. Fresno County is served by Union

Pacific (UP), BNSF, and San Joaquin Valley Railroad, which provides service to both UP & BNSF lines.

High-Speed Rail The nation’s very first high-speed rail project broke ground in downtown Fresno on January 2015. Our region will now mark the starting point of a high-speed rail network that will one day span the entire state, beginning with the first operational segment between the San Joaquin Valley and Los Angeles, before advancing to a 500-mile system connecting San Francisco to Los Angeles. Phase 2 of the project calls for extensions to Sacramento and San Diego to complete the entire 800-mile system.

Already, the design and right-of-way phases of the first high-speed rail segment have resulted in hundreds of hours of employment and millions of dollars in contracts for local businesses. Some of the strongest voices in Fresno County government, business, and civic leadership, have joined a regional partnership called Fresno Works to bring the planned High-Speed Rail Operations and Heavy Maintenance Facility (HMF) to Fresno. In addition, training and educational programs are gearing up to provide a skilled workforce for high-speed rail construction, operations, and maintenance.

Downtown Fresno has been designated for one of the regional high-speed rail stations by the California High-Speed Rail Authority

12

HOUSING MARKET

The most significant factor contributing to Fresno County’s affordable cost of living is affordable housing. The relatively low cost of housing in Fresno County attracts many new residents to the region. These new residents arrive from all parts of the country but especially from California’s large metropolitan areas.

As the rebound effect from the housing market lows of the Great Recession begin to fade, real estate markets increasingly depend on strong fundamentals to drive sustainable housing activity. The Fresno housing market possesses these strong fundamentals; solid job growth, low vacancy rate, a market not overvalued, and affordability, amongst other factors. Thanks to the presence of these fundamentals, the Fresno housing market was ranked as the healthiest in the United States entering 2016 according to a report issued by mortgage industry leader Freddie Mac.

The Fresno metropolitan area ranks #1 as the healthiest housing market in the U.S.

Multi-Indicator Market Index®Freddie Mac

California Home Sale Acitvity by City, CoreLogic, September 2016

Median Sales Price of Homes Sold,September 2016

Region Median Price

Fresno County $242,000

Clovis $298,000

Fresno $220,000

Alameda County $663,000

Berkeley $832,000

Oakland $567,500

Los Angeles County $525,000

Long Beach $478,000

Los Angeles $682,000

Sacramento County $310,000

Elk Grove $380,000

Sacramento $275,000

San Francisco $1,050,000

Santa Clara County $829,500

San Jose $720,000

Sunnyvale $1,172,000

County 13

SEISMIC STABILITY

It is a well-known fact that California is earthquake country. However, very few realize that not all of California is subject to the same degree of seismic risk. Unlike many other major metropolitan areas in California, in particular the Los Angeles and San Francisco areas, Fresno is located in a region relatively free from major earthquake threats. There are no significant earthquake faults in the Fresno area and few major California cities can match the safety record and low seismic risk of Fresno. Fresno is at low risk for earthquakes because of its inland location, flat topography, relatively stable soil condition, and the absence of active faults in the area.

Probabilistic Seismic Hazard Map for California

An inland location & flat typography

Source: Kalkan, Wills and Branum, Seismic Hazard Mapping of California Considering Site Effects, Earthquake Spectra, Nov. 2010

14

WEATHER

CLIMATE The sun shines on Fresno County 288 days a year resulting in one of the nation’s most

hospitable and Mediterranean-like climates. The average high temperature is 76.5 degrees and the average

low temperature is 50.4 degrees. Average rainfall is 10.87 inches. Averages are deceiving in this large

and diverse county, however. Elevations range from 100 feet on the Valley floor to 12,000 feet at the top of

some of the Sierra Nevada’s most spectacular peaks, and snowfall ranges from seldom or never to 30 feet.

Fresno County truly has something for everyone

Source: Western Regional Climate Center, 2012

Sunshine 288 days/year

Elevation 100 ft. - 12,000 ft.

Average Rainfall 10.87 inches

Average Snowfall 0.10 inches

Prevailing Winds North, 4 mph

Source: Western Regional Climate Center, 2012

Month Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Avg. High Temp. 54.6 61.5 67 74.4 83.4 91.6 98.3 96.3 90.7 79.7 65.3 54.7

Avg. Low Temp. 37.6 40.7 43.8 47.9 54.3 60.5 65.7 63.9 59.6 51.2 42.4 37.3

Avg. Rainfall (Inches) 2.09 1.89 1.88 1.01 0.36 0.16 0.01 0.01 0.15 0.53 1.13 1.64

County 15

INCENTIVES

Hiring and Financing IncentivesHiring Incentives

New Employment Opportunities (NEO) Program Fresno County only wage reimbursement hiring program available to employers hiring qualifying Fresno County residents.

100% reimbursement for first 3 months • 75% reimbursement for months 4-6New Employment Credit (NEC)California hiring tax credit available to qualified employers hiring qualifying employees.

Employer must be located with-in a Designated Geographic Area (DGA)Credit is 35% of wages paid between 150% - 350% of minimum wage

Work Opportunity Tax Credit (WOTC) Federal tax credit available for hiring qualifying individuals from certain target groups. Maximum tax credit ranges from $1,200 to $9,600County of Fresno Workforce Training ProgramsCustomized Training & Work Experience (WorkEx): No-cost training programs available through the County of Fresno intended to produce a qualified and skilled workforce for employers requiring special needs.Employment Training Panel (ETP)State reimbursement program for costs of customized training of new or existing employees.

• Employers can upgrade employee skills by creating a customized training program through approved educational and workforce agencies.

Manufacturing Apprenticeship Program A public-private collaborative effort, the Fresno County EDC is partnering with the State, local community colleges, and local manufacturers to create a regional apprenticeship program designed to close local workforce skills gap by providing training and education specific to the needs of local manufacturers. Scope and program details are under development while feedback is gathered from the local manufacturing industry.

Financing Incentives

Industrial Development Bond (IDB) Financing ProgramIDBs provide manufacturing and processing companies low-cost, low-interest financing for capital expenditures.

• For manufacturing companies requesting from $1 million – $10 million• Eligible expenditures: acquisition of land, building construction, building renovation, purchase of machinery and equipment

New Market Tax Credit (NMTC)The NMTC is a federal program created to spur new or increased commercial or industrial investments in economically distressed areas.

• Businesses can receive capital to fund projects, business expansion, or debt refinancing• Project must have a community benefit (i.e. job creation of skilled workforce or employ those from under-served

communities)• NMTC can fund 20% - 23% of a proposed project• Ideal for projects seeking between $1 million to $9 million of additional capital

16

INCENTIVES

Local IncentivesCounty of Fresno Fee Deferral Program Incentive available to qualifying job producing projects. Projects may defer 75% the County’s Plan Review/Building fees, with a maximum of $50,000 deferment per project.

Fees re-paid 25% annually for 3 years • Project must create at least 20 jobs: directly or indirectly

PG&E Economic Development Rate (EDR)Qualifying Fresno County businesses can receive a 30% enhanced rate reduction on monthly electricity costs for 5 years. For businesses that are considering locating in California and have out-of-state options and anticipate a monthly energy load of at least 200kW or greater.

City of Clovis Core Area Fee ReductionThe City of Clovis will reduce development impact fees for in-fill development in the core area south of Sierra Avenue and west of Locan Avenue. Fees can be reduced by as much as 70%.

City of Fresno IncentivesiDIFER: Reduction or elimination of development impact feesCity of Fresno Incentive Program – For significant investment and job production the City is willing to consider and craft an incentive package that meet the needs of the particular company. The City has previously approved incentive agreements that include infrastructure reimbursement, property tax increment, and business license tax rebates.

Customized Incentive Example: Passed unanimously by the Fresno City Council on 6/11/15The City negotiated an “Incentive Agreement” that would allocate no more than $411,743 from three revenue streams (impact fees, business & property tax) that will be used to reimburse Company for the cost of constructing various off-site infrastructure improvements (i.e., street, water, sewer). In return, Company, would retain their current work force, invest no less than $10.5 million in capital, including the construction of a new 65,000 SF facility as well as agree to double the size of its workforce over the next ten years.

City of Kingsburg Incentives ProgramThe City of Kingsburg will provide the following incentives to new industrial, commercial, and retail projects:

25% reduction of all City Development Impact Fees • 50% rebate of the City’s share of sales taxes paid for 3 years50% rebate of the City’s share of real property taxes paid for 3 years

City of Sanger Incentive Program The City of Sanger will provide the following incentives to new industrial projects:

• Wavier of Sewer/Water impact fees and will reduce additional impact fees based on business investment • 50% rebate of the City’s share of sales taxes paid for a 1-year period for new businesses occupying a vacant building

County 17

INCENTIVES

State and Federal IncentivesState Incentives

California Competes Credit (CCC)California income tax credit negotiated between State & businesses that want to come to California or stay and grow in California. Credit amount depends on several factors, including (not exclusive): job creation, economic impact, amount of investment in California by business.

Recent award example - $150,000 tax credit awarded to: Fresno area company with a $8,000,000 project expected to create 52 new full-time jobs

CAEATFA Sales & Use Tax ExclusionA FULL California sales tax & use tax exemption program available to certain manufacturing industries. Qualifying industries:

Advanced Manufacturing • Manufacturers of alternative source products (i.e solar)Manufacturers of advanced transportation products

Manufacturing Equipment Sales & Use Tax ExemptionCalifornia sales & use tax exemption on manufacturing and related equipment.

Eliminates 4.19% of CA sales tax • Immediate benefit: CA tax portion exempted at time of purchase

California Research and Development (R&D) CreditCalifornia income tax credit available to businesses who incur qualified research expenses while conducting qualified research in California. Similar credit available on the Federal level.

Recycling Market Development Zone (RMDZ)Incentive available to businesses throughout Fresno County that use recycled or recovered materials as raw materials in their manufacturing processes or reduce the creation of solid waste. Benefits include:

Low interest micro-loan program (up to $2 million) • Development and permitting assistanceWaiver or reduction of development/permit fees

Federal Incentives

Foreign Trade Zone (FTZ)Fresno County is part of FTZ No. 226. The FTZ Program is a federal program used to help encourage value added activity at U.S. facilities in competition with foreign alternatives by allowing delayed or reduced duty payments on foreign merchandise, as well as other savings.

Duty deferral • Duty elimination • Inverted tariff relief Ad valorem tax exemption • No time constraints on storage

HUBZone (Historically Underutilized Business Zone)Federal program that helps small businesses in designated cities gain preferential access to federal procurement opportunities. Fresno County HUBZone designated cities:

Huron • Mendota • Orange Cove • Parlier • San JoaquinFresno (in designated census tracts) • Sanger (in designated census tracts)

18

Business Expansion, Attraction & Retention Resources • Site Selection Assistance• Assistance with Permitting, Zoning, and Licensing; other Municipal Services• Research & Development Assistance• Connections to Employee Recruitment Services & Customized Training Program Development• Financing Options• Local, State, & Federal Tax Credits• Incentive Calculations• Utilities – Incentives, Rebates, & Energy Rate Analysis Assistance• Data – Customized demographic reports for special areas of interest including information on

workforce availability

High-Speed Rail Business Support Service• Site Selection• Assistance with Financing Options• Local Permitting & Regulations• Meetings - Coordinate meetings with PG&E, California permitting agencies, High-Speed Rail Authority

& any local or state agency necessary to ease transition process

Membership Services• Investing in the EDC is not only a great way of supporting the economic prosperity of Fresno County,

it is a perfect way to network with other investors, market your business locally, and to companies looking to expand.

The Fresno County Economic Development Corporation is a nonprofit organization established to market Fresno County as the premier location for business prosperity. We strive to not only facilitate site selection for new businesses within Fresno County, but we also assist in the retention and expansion of businesses through our alliance with collaborative partners and resources.

EDC SERVICES

County 19