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ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, with the insertion of the word <br />"limited" before "property tax exemptions"; and <br />striking the reference to a statute on mail <br />elections, the Board unanimously adopted Resolution <br />96-94, calling for a referendum to determine whether <br />the Board of County Commissioners shall have the <br />power authorized by Section 3, Article VII of the <br />Florida Constitution to grant ad valorem tax <br />exemptions to new industrial businesses, new <br />corporate offices and expansions of existing <br />industrial businesses. <br />RESOLUTION NO. 96-94 <br />A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, <br />CALLING FOR A REFERENDUM TO DETERK13M WHETHER THE <br />BOARD OF COUNTY COMMISSIONERS SHALL HAVE THE POWER <br />AUTHORIZED BY SECTION 3, ARTICLE VII OF THE FLORIDA <br />CONSTITUTION TO GRANT AD VALOREM TAX EXEMPTIONS TO <br />NEW INDUSTRIAL BUSINESSES, NEW CORPORATE OFFICES <br />AND EXPANSIONS OF EXISTING 33MUSTRIAL BUSINESSES. <br />WHEREAS, pursuant to the authority of Section 3, Article VII <br />of the Florida Constitution the Florida Legislature has adopted <br />Section 196.1995, Florida Statutes, which authorizes the Board of <br />County Commissioners of Indian River County to call a referendum <br />within its total jurisdiction to determine whether its respective <br />jurisdiction may grant economic development ad valorem tax <br />exemptions; and <br />WHEREAS, the Indian River County Board of County Commissioners <br />has determined that having the power to grant such exemptions would <br />be in the public interest by fostering economic development which <br />would otherwise not occur; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: <br />1. A referendum shall be held on November 5, 1996, as part of <br />general election, within the entire incorporated and <br />unincorporated areas of Indian River County at which the <br />following question will be presented to the qualified voters: <br />SHALL THE BOARD OF COUNTY COMMISSIONERS OF INDIAN <br />RIVER COUNTY BE AUTHORIZED, PURSUANT TO S. 3, ART. <br />VII OF THE STATE CONSTITUTION, TO GRANT LIMTED <br />PROPERTY TAX EXEMPTIONS TO NEW INDUSTRIAL <br />BUSINESSES, NEW CORPORATE OFFICES, AND EXPANSIONS <br />OF EXISTING INDUSTRIAL BUSINESSES? <br />YES - For Authority to Grant Exemptions <br />NO - Against Authority to Grant Exemptions <br />2. The Supervisor of Elections is authorized to conduct this <br />referendum as part of 1996, general election. <br />AUGUST 13, 1996 61 BOOK 98 PA -(:E- 804 <br />