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HomeMy WebLinkAbout2006-115T. RESOLUTION 2006- 115 A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA; ENDORSING ABILITIES RESOURCE CENTER OF INDIAN RIVER COUNTY AS A SPONSORING AGENCY UNDER THE FLORIDA ENTERPRISE ZONE COMMUNITY CONTRIBUTION TAX CREDIT PROGRAM; AND FINDING THAT THE ABILITIES RESOURCE CENTER OF INDIAN RIVER COUNTY PROJECT IS CONSISTENT WITH THE INDIAN RIVER COUNTY/ CITY OF VERO BEACH ENTERPRISE ZONE STRATEGIC PLAN AND INDIAN RIVER COUNTY COMPREHENSIVE PLAN. WHEREAS, the State of Florida has enacted the Florida Enterprise Zone Act, Sections 290.001 - 290.016, Florida Statutes, to provide incentives by both State and local government to induce private investment into distressed areas to create economic opportunities and sustainable economic development; and WHEREAS, the Board of County Commissioners enacted Resolution #2005-084 on May 24, 2005, nominating a portion of Indian River County and the City of Vero Beach as an Enterprise Zone pursuant to the Florida Enterprise Zone Act; and WHEREAS, the State of Florida created the Indian River County/City of Vero Beach State Enterprise Zone effective July 1; 2005; and WHEREAS, the State encourages the participation of private corporations in revitalization projects by granting either partial state corporate income/franchise tax credits, sales tax credits, or credit towards insurance premium taxes to corporations that contribute resources to public redevelopment organizations for the revitalization of enterprise zones; and WHEREAS, the State, under Section 220.183, Florida Statutes, authorized the Community Contribution Tax Credit Program, which allows any Florida corporation to receive a credit against any corporate income/franchise tax, sales tax, or insurance premium tax due for a taxable year of 50 percent of the value of a donation (not to exceed a $200,000 credit in any one year) for contributions to a State approved community development project located within the Enterprise Zone; and WHEREAS, The Abilities Resource Center of Indian River County (ARC), a non- profit organization incorporated in the state of Florida, operates within the Indian River 1 County/City of Vero Beach Enterprise Zone and meets the criteria as a sponsoring organization under Section 220.03(1)(t), Florida Statutes; and WHEREAS, ARC incorporates, as part of its By -Laws, working with individuals with developmental, physical, and educational challenges, who have employment interests, but need services and support to increase their quality of life and increase their participation in the communities; and WHEREAS, the ARC project, described in attachment A, is consistent with the overall intent of the Enterprise Zone Strategic Plan; and WHEREAS, the Enterprise Zone Strategic Plan is consistent with the Indian River County Comprehensive Plan; and WHEREAS, ARC is the sponsoring organization applying for approval as a State approved Community Development Project. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, THAT: The Board of County Commissioners endorses Abilities Resource Center of Indian River County as a sponsoring agency under the Florida Enterprise Zone Community Contribution Tax Credit Program and finds that the Abilities Resource Center of Indian River County' s Project, as described in Attachment A, is consistent with the Indian River County/City of Vero Beach Enterprise Zone Strategic Plan and Indian River County Comprehensive Plan. The forgoing Resolution was offered by Commissioner seconded by Commissioner Rowden the vote was as follows: Inwther and and upon being put to a vote, Arthur R. Neuberger, Chairman Aye Gary C. Wheeler, Vice Chairman Aye Sandra L. Bowden, Commissioner Aye Wesley S. Davis, Commissioner Aye Thomas S. Lowther, Commissioner Aye The Chairman thereupon declared the resolution duly passed and adopted at a public hearing held this 22" day of August 2006. 2 BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA S7.1) Arthur R. Neub.-rge , Chairma ATTEST: ' --c-4 . 7 Jeffrey K. Barton, Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY William G. Collins II, County Attorney APPROVED AS TO PLANNING MATTERS dir Robert ' . Keating, AICP Community Development Director PROJECT NARRATIVE a Indian Rive.; Ca;; -,",v, Inc•, AJC ,ecu re Document Destruction 1375 16th Avenue (3200 43rd Avenue) Vero each, riorida. 32960 772-562-6854 772-562-6063 info@arcir.org Attachment A • A. Eligible Project The ARC of Indian River County, a 501 (c) 3 not for profit has established a Secure Document Destruction plant based operation at 3200 43rd Avenue. This location is within the identified enterprise zone. ARC Secure Document Destruction is a professional paper shredding operation. We will provide the most secure, efficient, simple and cost effective plan available for destroying a company's confidential information. We provide complete off-site document destruction services. Identity theft has become a real issue. New laws regarding personal identification and records such as HIPAA and FACTA require a plan for disposal of personal health and financial information. There are too many horror stories resulting from confidential information getting into the wrong hands. Today's information explosion can be devastating to a business. With the increased use of office copiers and computers, staggering amounts of sensitive information is being generated and carelessly discarded. ARC Secure Document Destruction operates a professional paper shredding plant, providing the most secure, efficient, simple and cost effective plan available for destroying a company's confidential information. ARC Secure Document Destruction provides complete off-site document destruction services. A certificate of destruction will be provided with each invoice. The mission of ARC Secure Document Destruction is to provide a cost-effective document disposal service that protects our customers demand for security. The equipment in place includes an Allegheny 20-350C, 40 Hp, with a 3/16 Shredder Head. The unit requires 460 volts, 3 phase, and 75 amp service. Other installed equipment includes tipper and sort conveyor, Baler (1400 pound bales), security cameras, paper sorter carts, scales, computer, and locked bins for business distribution. B. Types of Donations Sought Donations may include cash or tangible donations, such as direct training, equipment, building(s), land, and capital construction. C. Donation Uses Donations will be used to establish and maintain direct employment and program viability. D. Total Project Cost Projected Budget $ 298,471.50 E. Estimated number of Jobs Initial employment will include 1 manager, 1 driver, 1 driver assistant, 12 paper sorters, and 1 general clean-up person for a total of 16. We anticipate growth within the first year will require an additional 12 people. Paper Sorter is now a DOT job category. Market Analysis Potential Customers Private Business Government Business Health Care Industry Residential Education Industry 2006 2007 2008 2009 2010 Growth CAGR 25% 10 2,392 2,488 2,588 2,692 305.06% 10% 3 0 0 0 0 25% 2 0 0 0 0 100.00% 100.00% 5% 2 0 0 0 0 100.00% 25% 2 707 714 721 728 336.79% Total 266.28% 19 3,099 3,202 3,309 3,420 266.28% Market Pie F. Estimated Completion Date: ▪ Privme Business • Govemment Business Heats Core Industry Residential • Inserted Row ▪ Inserted Row Education Industry It is anticipated that this project will be an on-going training and employment opportunity for persons with disabilities and other disadvantaged citizens for generations to come.