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5.A.1. Consideration of PCP Tactical LLC's Request For an Economic Development Ad Valorem Tax Exemption (Tax Abatement) [Legislative] Staff and the Economic Development Council recommend that recommend that the Board of County Commissioners approve the tax abatement application and: 1. Find that the PCP Tactical, LLC facility qualifies as a "Expansion of an Existing Business" under the tax abatement ordinance; and 2. Find that the application scores in the highest tax abatement award category under the adopted scoring guidelines; and 3. Grant a tax abatement using the schedule for up to the highest award category, with up to the 10 year abatement period to begin in 2023 (a lower award category may be applied if company's performance results in it meeting lower average wage and/or lower # of provided jobs); and 4. Approve the attached ordinance granting an economic development ad valorem tax exemption to PCP Tactical, LLC; and 5. Authorize the chairman to execute the Economic Development Tax Exemption Agreement For PCP Tactical, LLC Facility. 6. ADJOURNMENT Except for those matters specifically exempted under the State Statute and Local Ordinance, the Board shall provide an opportunity for public comment prior to the undertaking by the Board of any action on the agenda, including those matters on the Consent Agenda. Public comment shall also be heard on any proposition which the Board is to take action which was either not on the Board agenda or distributed to the public prior to the commencement of the meeting. Anyone who may wish to appeal any decision which may be made at this meeting will need to ensure that a verbatim record of the proceedings is made which includes the testimony and evidence upon which the appeal will be based. Anyone who needs a special accommodation for this meeting may contact the County's Americans with Disabilities Act (ADA) Coordinator at (772) 226-1223 at least 48 hours in advance of meeting. Anyone who needs special accommodation with a hearing aid for this meeting may contact the Board of County Commission Office at 772-226-1490 at least 20 hours in advance of the meeting. The full agenda is available on line at the Indian River County Website at www.irc og v.com The full agenda is also available for review in the Board of County Commission Office, the Indian River County Main Library, and the North County Library. Commission Meetings are broadcast live on Comcast Cable Channel 27 Rebroadcasts continuously with the following proposed schedule: Tuesday at 6:00 p.m. until Wednesday at 6:00 a.m., Wednesday at 9:00 a.m. until 5:00 p.m., Thursday at 1:00 p.m. through Friday Morning, and Saturday at 12:00 Noon to 5:00 p.m. October 28, 2020 Page 2 of 2