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HomeMy WebLinkAbout15-006ORDINANCE NO. 15-006 AN ORDINANCE RELATING TO ST. LUCIE COUNTY, FLORIDA, TO ENCOURAGE ECONOMIC DEVELOPMENT IN THE COUNTY; ESTABLISHING AN EXEMPTION FROM CERTAIN AD VALOREM TAXATION FOR EXPERT SHUTTER SERVICES, INC., 1605 S.W. MACEDO BLVD., PORT ST. LUCIE, FLORIDA, AN EXPANSION OF AN EXISTING BUSINESS; PROVIDING THE AMOUNT OF REVENUE AVAILABLE FROM AD VALOREM TAX SOURCES FOR THE CURRENT FISCAL YEAR AND THE AMOUNT OF ESTIMATED REVENUE FROM THE CURRENT FISCAL YEAR WHICH WOULD BE LOST BECAUSE OF THE EXEMPTION GRANTED TO EXPERT SHUTTER SERVICES, INC.; PROVIDING AN EXPIRATION DATE OF THE EXEMPTION FROM THE DATE THE ON BOARD ADOPTION OF THIS ORDINANCE; PROVIDING A FINDING THAT EXPERT SHUTTER SERVICES, INC. MEETS THE DEFINITION OF AN EXPANDING BUSINESS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE O U Z � o 5 X U O CL LU _ Sao o om O �N Y J > r N �o U ZW =ZNOo o N �O na" atA fn W c N n Uj = J o Y O LU m o pQ�Xw nyu.0X BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA: ARTICLE I Chnrf Titin This Ordinance shall be known as County Ordinance No. 15-006 "Economic Development Ad Valorem Tax Exemption — Expert Shutter Services, Inc. ARTICLE II Procedure After consideration of the report of the Property Appraiser and in accordance with the procedure set forth in County Ordinance 92-24, "Economic Development Ad Valorem Tax Exemption Regulations of St. Lucie County, Florida:. The Board grants and establishes an exemption from ad valorem taxation of the assessed value of Expert Shutter Services, Inc., 1605 S.W. Macedo Blvd., Port St. Lucie, Florida, in accordance with the following exemption phase out schedule: Year - 100% Year 2 - 90% Year 3 - 80% Year 4 - 60% Year 5 - 40% Year 6 - 20% 1 No exemption shall be granted on the land on which improvements are made by Expert Shutter Services, Inc. ARTICLE III Ad Valorem Tax Revenues Total revenues are available to the County for the current fiscal year from ad valorem tax sources is $126,515,893.83. Revenues lost to the County for the current fiscal year by ad valorem tax exemptions under this section currently in effect are $28,172.97. Revenues to be lost by granting of this exemption for the current fiscal year are estimated to be $13,918.98. ARTICLE IV Expiration Date The Economic Development Ad Valorem Tax Exemption granted to Expert Shutter Services, Inc., an expanding business shall be for six (6) years from the date of Board adoption of this Ordinance. ARTICLE V Findin The Board of County Commissioner of St. Lucie County, Florida, finds that Expert Shutter Services, Inc. is an expansion of an existing business as defined by the St. Lucie County Ordinance No. 92-24 and Section 196.012(15), Florida Statutes. The Board reserves the right to repeal the exemption if Expert Shutter Services, Inc. no longer satisfies the criteria set out above. ARTICLE VI Severability If any section, subsection, paragraph, sentence, clause, phrase, or portion of this Ordinance is for any reason found void, invalid, unlawful, or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct, independent, and severable provision and such holding shall not affect the validity of the remaining portions of this Ordinance. State. ARTICLE VII Effective Date This Ordinance shall take effect upon receipt of notice of filling from the Secretary of ARTICLE VIII Adoption After motion and second, the vote of this Ordinance was as follows: 2 Chair Paula A. Lewis AYE Vice Chair Kim Johnson AYE Commissioner Dzadovsky AYE Commissioner Mowery AYE Commissioner Hutchinson AYE ✓ PASSED AND DULY ADOPTED this ✓ day of ATTEST: CLERK 3 2015 BOARD OF COUNTY COMMISSIONERS ST. LUCIE COUNTY, FLORIDA BY: (d Z - /"Z—OE F Pal CHAIR APPROVES TO FORM AND CORRE S . BY: COUNTY ATTORN RICK SCOTT KEN DETZNER Governor Secretary of State May 26, 2015 Honorable Joseph E. Smith Clerk of the Circuit Court St. Lucie County 2300 Virginia Avenue Fort Pierce, Florida 34982 Attention: Ms. Sue Korunow, Recording Secretary/Finance Assistant Dear Mr. Smith: Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your electronic copy of St. Lucie County Ordinance No. 15-006, which was filed in this office on May 26, 2015. Sincerely, Ernest L. Reddick Program Administrator ELR/lb R. A. Gray Building 500 South Bronough Street Tallahassee, Florida 32399-0250 Telephone: (850) 245-6270 Facsimile: (850) 488-9879 www.dos.state.fl.us