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THE CHAIRMAN CALLED FOR THE QUESTION. It was voted on and carried unanimously. RESOLUTION NO. 93- 1", A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, CALLING FOR A SPECIAL ELECTION TO DETERMINE WHETHER THE BOARD OF COUNTY COMMISSIONERS SHALL HAVE THE POWER AUTHORIZED BY SECTION 3, ARTICLE VII OF THE FLORIDA CONSTITUTION TO GRANT AD VALOREM TAX EXEMPTIONS TO NEW BUSINESSES AND EXPANSIONS OF EXISTING BUSINESSES. WHEREAS, pursuant to the authority of Section 3, Article VII of the Florida Constitution the Florida Legislature has adopted Section 196.1995, Florida Statutes, which authorizes the Board of County Commissioners of Indian River County to call a referendum within its total jurisdiction to determine whether its respective jurisdiction may grant economic development ad valorem tax exemptions; and WHEREAS, the Indian River County Board of County Commissioners has determined that --having the power to grant such exemptions would be in the public interest by fostering economic development which would otherwise not occur; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. A special election shall be held on April 13, 1993, within the entire incorporated and unincorporated areas of Indian River County to be held pursuant to Section 101.6102, Florida Statutes, at which the following question will be presented to the qualified voters: SHALL THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY BE AUTHORIZED, PURSUANT TO S. 3, ART. VII OF THE STATE. CONSTITUTION, TO GRANS PROPERTY TAX EXEMPTIONS TO NEW BUSINESSES AND EXPANSIONS OF EXISTING BUSINESSES? YES -'Por Authority to Grant Exemptions NO = Against Authority to Grant Exemptions 2. The Supervisor of Elections is authorized to conduct this special election by mail ballot, pursuant to the authority.of Section 101.6102, Florida Statutes. 89 T � JAN 1 i9- 800K 0� FAU �`.1