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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 • NN, w > w U) R cr- z 0 0 L— F- I Exhibit A WH199 LVI 0 CN C: E 3:C)L F'; - — 0 4) 4) 0 I AV. HILZ U) ty m 04 Zj 0 N 4) 71 ILI) c E4) (n IV U7 y IM cz, Cc ,G20rQ5 cc 4D M :E f od pa X- V .0 V 0 c z w