The Salinas City Council approved a set of incentives yesterday that would help attract new businesses, along with create new jobs and improve the city’s economic outlook. In a 6 to 0 vote last night, council members approved the package, which is expected to eliminate or reduce the city’s share of property taxes, establish a revolving loan fund and reduce miscellaneous fees, including building permit costs. A spokesman for a local business told the council that such incentives are critical to businesses investigating potential new sites.
