California Business, Transportation and Housing Agency and the California Department of Housing and Community Development Announces Imperial Valley Enterprise Zone: Open for Business

Business Wire, Nov 6, 2005

Department of Housing and Community Development:

WHO:     Business, Transportation and Housing Agency Deputy Secretary
         for Jobs and Economic Development Yolanda Benson and Deputy
         Secretary for Legislation Curt Augustine

WHAT:    Announces Imperial Valley Enterprise Zone: Open for Business

WHEN:    Monday, November 7, 3:00 p.m.

WHERE:   North Park Plaza -- Directly across Brawley City Hall,
         400 Main Street, Brawley, California

VISUAL OPPORTUNITIES: Top state housing officials; state and local
elected officials, business leaders. Interviews with experts.

    HIGHLIGHTS:

    --  Business, Transportation and Housing Agency Deputy Secretary
        for Jobs and Economic Development Yolanda Benson and Deputy
        Secretary for Legislation Curt Augustine present -- a
        statewide program to create more jobs and economic opportunity
        in California.

    --  Enterprise Zones are designated in economically disadvantaged
        neighborhoods and are designed to attract businesses through
        local incentives and state tax credits. The resulting jobs
        will help revitalize communities by increasing local tax
        bases.

    --  Incentives support the location, expansion and retention of
        businesses within a designated zone. Eligible activities
        include capital investment, lending, hiring, and job
        retention.

    DIRECTIONS:

    Coming from San Diego: Interstate 8 East toward El Centro. Take
off ramp Hwy.111 going North toward Brawley about (14 miles). The new
Hwy.111 Bypass will end at Hwy.78, make a left, go into Brawley (1/2
mile). Continue going West on Hwy.78/111, this becomes Main Street. Go
West on Main Street about (1 mile) toward center of town. Kiosk at
North Plaza Park on right side.

    Coming from Palm Springs: Interstate 10 East toward Coachella.
Exit Hwy.86 Expressway South to Brawley (about 70 miles). As you come
into Brawley on Hwy. 86, this becomes Main Street. Travel East on Main
Street about (1 mile) toward center of town.