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HomeMy WebLinkAbout12-018ORDINANCE NO. 12-018 AN ORDINANCE RELATING TO ST. LUCIE COUNTY, FLORIDA, TO ENCOURAGE ECONOMIC DEVELOPMENT IN THE COUNTY; ESTABLISHING AN EXEMPTION FROM CERTAIN AD VALOREM TAXATION FOR TROPICANA MANUFACTURING COMPANY, INC. , 6500 GLADES CUT- OFF ROAD, FORT PIERCE, FLORIDA, 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 TROPICANA MANUFACTURING COMPANY, INC. ; PROVIDING AN EXPIRATION DATE OF THE EXEMPTION FROM THE DATE ON BOARD ADOPTION OF THIS ORDINANCE; PROVIDING A FINDING THAT TROPICANA MANUFACTURING COMPANY, INC. MEETS THE DEFINITION OF AN EXPANSION TO AN EXISTING BUSINESS; PROVIDING A SEVERABILITY CLAUSE; PROVIDING AN EFFECTIVE DATE BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FLORIDA: ARTICLE I Short Title This Ordinance shall be known as County Ordinance No. 12-018 "Economic Development Ad Valorem Tax Exemption -Tropicana Manufacturing Company, 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 Tropicana Manufacturing Company, Inc., 6500 Blades Cut-Off Road, Fort Pierce, Florida, in accordance with the following exemption phase out schedule: JOSEPH E. SMITH, CLERK OF THE CIRCUIT COURT SAINT LUCIE COUNTY FILE # 3746941 09 t 3 201' at t 2 03 Ptit OR BOOK 3431 PRGE 2622 - 2624 Doc Type. ORDN RECORDING. 52? OC Year 1 (Fiscal Year 2012-13) - 100% Year 2 - 80% Year 3 - 60% Year 4 - 40% Year 5 - 20% No exemption shall be granted on the land on which improvements are made by Tropicana Manufacturing Company, Inc. ARTICLE III Ad Valorem Tnx Revenues Total revenues are available to the County for the current fiscal year from ad valorem tax sources is $114,851,173.00. Revenues lost to the County for the current fiscal year by ad valorem tax exemptions under this section currently in effect are $67,139.00 Revenues to be lost by granting of this exemption for the current fiscal year are estimated to be $ 340,954.00. ARTICLE IV Expiration Date The Economic Development Ad Valorem Tax Exemption granted to Tropicana Manufacturing Company, Inc., an existing business shall be f or f ive (5) years f rom the date of Board adoption of this Ordinance. ARTICLE V indin The Board of County Commissioners of St. Lucie County, Florida, finds that Tropicana Manufacturing Company, Inc. meets the definition of the expansion of an existing business as defined by St. Lucie County Ordinance No. 92-24 and Section 196.012(16), Florida Statutes. The Board reserves the right to repeal the exemption if Tropicana Manufacturing Company, Inc. no longer satisfies the criteria set out above. ARTICLE VI Severnbility 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. ARTICLE VII Effective Date This Ordinance shall take effect upon receipt of notice of filing from the Secretary of State. ARTICLE VIII Adoption After motion and second, the vote on this Ordinance was as follows: Chairman Chris ~zadovsky AYE Vice Chair Tod Mowery AYE Commissioner Frannie Hutchinson AYE Commissioner Chris Craft AYE Commissioner Paula A. Lewis AYE PASSED AND DULY ADOPTED this 4th day of September 2012. ATTEST: BOARD OF COUNTY COMMISSIONERS ST. LUCIE COUNTY, FLORIDA / ~ / BY: G D ty Clerk Chairman :.~? } S ~ c ~- 4.- R4 j, ~~ Syr b ry:-~ ~` C~ fK ~~ r [ d_ ~ ¢- y APPROVED AS TO FORM AND BY: RICK SCOTT Governor September 17, 2012 Honorable Joseph E. Smith Clerk of the Circuit Court St. Lucie County 2300 Virginia Avenue Fort Pierce, Florida 34982 Attention: Ms. Kelly Phelan, Executive Recording Secretary Dear Mr. Smith: KEN DETZNER Secretary of State Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your letter dated September 12, 2012 and certified copies of St. Lucie County Ordinance Nos. 12-017 and 12-018, which were filed in this office on September 14, 2012. Sincerely, Liz Cloud Program Administrator LC/elr 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