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City Council Approves Revisions to the Hotel Incentive Policy

City Council Approves Revisions to the Hotel Incentive Policy

By Brittney Sherman

At the August 17, 2022 City Council Meeting, Economic Development Director Matt Mahood presented revisions to the Hotel Incentive Policy (HIP) to allow for greater access and participation from all citywide hotels.

The revisions unanimously approved by the City Council, included the following:

-Adjust the Baseline TOT year to FY 2019/2020, lowering the threshold for most hotels to participate.

-Remove the requirement for existing hotels to increase in chainscale in order to participate in the program.

-Increase the maximum rebate for existing hotel renovations from $100k to $250K.

-Include an optional 5-year extension of the rebate timeline, to be approved by City Council, at a reduced rebate rate of 33%

There were no significant changes to the HIP as it relates to new hotel development.  New hotel developments are still eligible for a TOT rebate based on 50% of the cost of off-site improvements. 

The Economic Development team believes the approved revisions to the HIP will open the door for additional reinvestment in the existing Morgan Hill hotels and assist with the recruitment of new hotels. To read the updated Hotel Incentive Policy click HERE! Read the updated Hotel Incentive Policy HERE!


Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
Microbusiness Grant Portal Reopens

Microbusiness Grant Portal Reopens

By Brittney Sherman

On August 11, the County of Santa Clara and the Enterprise Foundation reopened the portal to accept additional applications for the Microbusiness Grant Program, which grants $2,500 to qualified businesses affected by COVID-19. The application portal will remain open until the funds are exhausted.

To qualify for the $2,500 grant, microbusinesses must have made less than $50,000 in total revenue (not net) in each of the last three years. The business also needs to have less than five employees, been negatively effected by COVID-19, been open in 2019 and in operation in 2022.

Learn more about the Program and start your application HERE!

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
July eNewsletter

July eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community including:

·   1st Quarter Sales Tax Overview

·   Business License Renewals

·   CalCompetes Tax Credit and Grant Program Cycle #2

·   Magnolias Apartment Project to Include Farmworker Housing

·   Silicon Valley Business Journal Event - Meet Morgan Hill

·   Together at National Night Out

·   Urbn Ranch, Crumbl Cookie, Bloom, MOHI Farm, and

Bath & Body Works

·   Business Resources

Read the July 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
June eNewsletter

June eNewsletter

By Brittney Sherman

In this eNewsletter, you will find information about key efforts that impact our business community, including:

·   Morgan Hill Market Analytics Report

·   389-Unit Apartment Complex Breaks Ground

·    Invesco Purchases Butterfield 5 Industrial Park

·    NEW Water Conservation Emergency Regulation

·    Magical Bridge Playground Opens

·    The Secret Door, Cigarland, and Cochi’s Kitchen

·    Business Resources

Read the June 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
EFFECTIVE IMMEDIATELY - Emergency Water Regulation

EFFECTIVE IMMEDIATELY - Emergency Water Regulation

By Brittney Sherman

The State Water Board has adopted a new water conservation emergency regulation to ensure more aggressive conservation across the state. Here is what you need to know:

Who: The new regulation applies to commercial, industrial, and institutional properties, including homeowners’ associations (HOAs), throughout the State of California, including all of Morgan Hill.

What: The regulation requires that owners and managers of commercial, industrial, institutional properties, and HOAs immediately cease using potable water for irrigating non-functional turf. The regulation defines non-functional turf as a ground cover surface of mowed grass that is solely ornamental and not otherwise used for human recreation purposes. All Water provided by the City of Morgan Hill and all well water in the Morgan Hill area is potable water.

When: The new regulation was approved on June 10th and is effective immediately. The regulation will remain in effect for one year unless the State Water Board modifies it, readopts it, or ends it before then. A fine of $500 per day has been set by the State for violations of the regulation.

NOTE: The regulation does not apply to the following: residences including those located within HOAs, school fields, sports fields, areas regularly used for civic or community events, and water used to maintain trees.

The full State Water Resource Board Resolution can be found HERE.

Landscape Rebate: Looking for a landscaping program to help you replace your existing turf with a water wise design? The City of Morgan Hill partners with Valley Water to provide the Landscape Rebate Program. This program is designed to encourage residents and businesses to convert approved high water use landscape, such as lawns and pools, to low water use landscape and retrofit existing irrigation equipment with approved high-efficiency irrigation equipment. Sites wishing to participate in the rebate program must complete a pre-inspection and submit an online application for approval before beginning any work on their project. Learn more HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
May eNewsletter

May eNewsletter

By Brittney Sherman

Hello Morgan Hill Business Community!

In this eNewsletter, you will find information about key efforts that impact our business community, including:

- California's Revenue Surplus of $55 Billion

- Meet the Business Law Enforcement Liaison

- Go Green on Butterfield

- Hotel Incentive Policy

- Spanish Language Translation

- Connecting Businesses to Bikes

- Public Works Week

-Benjamin Moore, Mission Bell, and Urbn Ranch

- Business Resources

Read the May 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. Thank you for continuing to “Choose Morgan Hill.”

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

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