HomeMy WebLinkAbout12-011RESOLUTION NO. 12-011
A RESOLUTION DIRECTING AN ELECTION TO BE HELD TO
PROVIDE FOR THE PLACEMENT OF A PROPOSITION
CALLING FOR ECONOMIC DEVELOPMENT AD VALOREM
TAX EXEMPTIONS FOR ST. LUCIE COUNTY, FLORIDA, ON
THE NOVEMBER 6, 2012 GENERAL ELECTION BALLOT
WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following
determinations:
1. Section 196.1995, Florida Statutes, provides that the Board of County Commissioners may
hold a referendum to allow the voters to determine whether to grant authority for economic development
ad valorem tax exemptions to new and expanding businesses in St. Lucie County under Section 3, Article
VII of the State Constitution.
2. The County's voters previously authorized an economic ad valorem tax exemption in 1992
and 2002.
3. This Board believes that directing an election to provide for placement of a proposition
calling for economic development ad valorem tax exemptions for St. Lucie County on the General Election
Ballot on November 6, 2012, is in the best interest of the public health, safety and welfare of the citizens
of St. Lucie County, Florida.
Florida:
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County,
1. This Board does hereby direct the Supervisor of Elections to place on the November 6,
2012, General Election Ballot the following proposition to be voted upon by the electors of St. Lucie County:
ECONOMIC DEVELOPMENT INCENTIVE
AD VALOREM TAX EXEMPTION
The Economic Development Ad Valorem Tax Exemption would allow the
County to encourage the establishment of new businesses and the
expansion of existing businesses by granting an exemption from County
property taxes of up to 100 percent of only the assessed value of
improvements and personal property for those businesses. Any
exemption would only remain in effect for up to ten (10) years and would
not apply to school, city or voter approved taxes.
Shall the Board of County Commissioners of St. Lucie County be authorized
to grant pursuant to Section 3, Article VII of the State Constitution,
property tax exemption incentives to new businesses and expansions of
existing businesses that are expected to create new, full-time jobs in the
County?
Yes For authority to grant exemptions.
No Against authority to grant exemptions.
2. If the proposition is approved by a majority of the electors voting at the November 6, 2012
election, the Board of County Commissioners, at its discretion, by ordinance may exempt from ad valorem
taxation up to one hundred percent (100%) of the assessed value of all improvements to real property
made by or for the use of a new business and of all tangible personal property of such new business, or up
to one hundred percent (100%) of the assessed value of all added improvements to real property made to
facilitate the expansion of an existing business and of the net increase in all tangible personal property
acquired to facilitate such expansion of an existing business, provided that the improvements to real
property are made or the tangible personal property is added or increased on or afterthe daythe ordinance
is adopted.
After motion and second, the vote on this resolution was as follows:
Chairman Chris Dzadovsky AYE
Vice Chairman Tod Mowery ABSENT
Commissioner Paula A. Lewis AYE
Commissioner Chris Craft AYE
Commissioner Frannie Hutchinson AYE
PASSED AND DULY ADOPT ~ y of February 2012.
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