HomeMy WebLinkAbout2016-006RESOLUTION NO. 2016- 0n6
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER
COUNTY, FLORIDA, RECOGNIZING THE SUNSETTING OF THE FLORIDA ENTERPRISE
ZONE ACT AND THE DESIRE OF THE COUNTY TO CONTINUE TO RECOGNIZE THE
ENTERPRISE ZONE AREA AS AN AREA ELIGIBLE FOR LOCAL JOBS GRANT BONUS
INCENTIVE.
WHEREAS, since 2005, Indian River County and the City of Vero Beach have operated a joint
Enterprise Zone that includes the Gifford Community along with surrounding areas, and including
the Vero Beach Municipal Airport (See Exhibit A), and
WHEREAS, a primary purpose of the Enterprise Zone program is to encourage economic growth
and investment in distressed areas through use of state tax incentives for businesses investing in
those areas and through local incentives adopted by communities, and
WHEREAS, since designation, numerous businesses located within the County/City of Vero
Beach Enterprise Zone have applied for and received state business equipment sales tax refunds and
state building material sales tax refunds, and
WHEREAS, as part of its local incentives, Indian River County currently provides a 10% bonus
for its local jobs grant program for qualifying businesses located within the County/City of Vero
Beach Enterprise Zone, and
WHEREAS, two companies with approved local jobs grants (Girard Equipment and PCP
Ammunition) are currently located within the Enterprise Zone and per their agreements with the
County are eligible for the 10% Enterprise Zone bonus payment for as long as those agreements
remain valid, and
WHEREAS, on December 31, 2015, the Florida Enterprise Zone Program authorizing legislation
expired, and
RESOLUTION NO. 2016- oo6
WHEREAS, consistent with State Statute, on December 1, 2015, the Indian River County Board
of County Commissioners held a public hearing to consider amending Sections 103.09 and 207.02 of
the Code of Indian River County with regard to sun -setting the Indian River County Enterprise Zone
Development Agency, and
WHEREAS, after the sun -setting of the Enterprise Zone, it is the desire of the Indian River
County Board of County Commissioners to continue the local jobs grant bonus for targeted
industries located/locating within the geographic area of the former Indian River County/City of
Vero Beach Enterprise Zone.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS
OF INDIAN RIVER COUNTY, FLORIDA THAT:
1. Regardless of the sun -setting of the Florida Enterprise Zone Program and termination of
County ordinances and agreements pertaining to the Enterprise Zone Program, the County
shall continue to recognize the current geographic area and boundaries of the Indian River
County/City of Vero Beach Enterprise Zone (as shown in Exhibit A) for the purpose of
providing a 10% local jobs grant bonus for targeted industries located within that area.
2. The geographic area formerly designated as the Indian River County/City of Vero Beach
Enterprise Zone shall hereafter be referred to as the Indian River County/City of Vero Beach
Enterprise Area.
The forgoing Resolution was offered by Commissioner Fiescher and seconded by
Commissioner zc)r(- and upon being put to a vote, the vote was as follows:
Bob Solari, Chairman
NAY
Joseph E. Flescher, Vice Chairman
AYE
Wesley S. Davis, Commissioner
AYE
Peter D. O'Bryan, Commissioner
AYF
Tim Zorc, Commissioner
AYF.
The Chairman thereupon declared the resolution duly passed and adopted this 12th day of January
2016.
RESOLUTION NO. 2016- ooh
BOARD OF COUNTY COMMISSIONERS
INDIAN RIVER COUNTY, FLORIDA
BY: a--,
Bob Solari, Chairman
ATTEST: Jeffrey R. Smi , Clerk of Court d Comptroller
BY: ���
Deputy Clerk
APPROVED AS TO FORM AND LEGAL SUFFICIENCY
D n Reingold, County Attorney
APPROVED AS TO PLANNING MATTERS
Stan Boling, PTP
Community Development Director
F:\Community Development\Users\EDplannr\EZDA\SUNSE"r RE VIE W - 2015\Rcsolution to Continue EZ For Local tncentives\Resolution to Continue
EZ local incentives v2.doc
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