Incentives
Rocklin provides businesses and developers with assistance in the site location/development process including the following:
Development Agreements
The City of Rocklin may consider use of a development agreement (DA) for strategic development projects. Development agreements are based on benefits accruing to both parties, the public agency and the developer/business. A principal incentive provided as part of a development agreement is locking in a development entitlement longer than the traditional two years. DAs are negotiated agreements between the private developer/business and the public agency.
Development Fee Estimates
Get estimates on the fees to construct a new building.
Contact: City of Rocklin Building
Division
Development Permit Assistance
Meet with development services prior to formally submitting
development plans. Get information on development policies,
procedures, and permitting requirements.
Contact: City of Rocklin Community Development Department
Financing
Tax-Exempt Bond Financing for Development Fees and Public
Improvements – This program, known as the Statewide California
Infrastructure Program (SCIP), enables developers to pay
development impact fees or fund public improvements long term (up
to 25 years) at tax-exempt interest rates.
Tax-Exempt Industrial Development Bonds – This program offers
qualified manufacturing firms tax-exempt bond financing for
purchase of land and construction and/or purchase or
manufacturing facilities and manufacturing equipment. The
interest rate on these bonds is typically 65 percent to 70
percent of the current prime rate.
Contact: California Statewide
Communities Development Authority (CSCDA)
[SCIP application]
Labor Training and Assistance
Get assistance in obtaining qualified workers, employment
training cost reimbursement and tax credit information.
Contact: The Placer
County Office of Economic Development
Utility Rebates and Incentives
PG&E
Optimizing the energy efficiency of your facility reduces your
energy costs. It can earn you incentives and rebates, benefit the
environment, and help PG&E manage the cost and supply of
energy for everyone.
For more information, please email us at economicdevelopment@pge.com.
SPMUD
For certain projects, SPMUD will enable projects with more than
20 equivalent dwelling units (edu’s) to pay their application
connection fees over time.
Key components include:
- Single parcel ownership commercial and industrial uses
- Interest rate is 1% over Local Agency Investment Fund Rate (LAIF)
- Deferrals are up to five years
- A property lien is used to secure the deferral
- City of Rocklin must declare project of economic benefit and also agree to defer fees