The URL can be used to link to this page

Home My WebLink About11-006ORDINANCE NO. i i -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 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 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. 11-006 "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 nn 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 # 35823 t 04~15/2U~ ~ at 02:38 PM OR BOOK 3285 PAGE 2201 - 2203 Doc Type: ORDN RECORDING: $27.00 Year 1 (Fiscal Year 2011-12) - 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 Tax Revenues Total revenues are available to the County for the current fiscal year from ad valorem tax sources is $122,631,960.71. Revenues lost to the County for the current fiscal year by ad valorem tax exemptions under this section currently in effect are $4,595,174. Revenues to be lost by granting of this exemption for the current fiscal year are estimated to be $40,971.95. ARTICLE IV Expiration Dnte The Economic Development Ad Valorem Tax Exemption granted to Tropicana Manufacturing Company, Inc., an existing business shall be for five (5) years from the date of Board adoption of this Ordinance. ARTICLE V Finding 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 Craft AYE Vice Chairman Chris Dzadovsky AYE Commissioner Frannie Hutchinson AYE Commissioner Paula Lewis AYE Commissioner Tod Mowery ABSTAIN PASSED AND DULY ADOPTED this 5th day of April, 2011. ATTEST: ~~ .~ ~ y ` d ... ~yy `F~ ' .a. ~ _Y ~ ~ h'V` ~# ~~ ~~~ * Deputy CI - ~'~ e° ~ .. ,v:~a~~ BOARD OF OUNTY CO SSIONERS ST. L E OUNTY f RIDA Y. Chairman APPROVED AS TO FORM AND CORR~CTNE55: BY: 'fib RICK SCOTT DIVISION OF LIBRARY AND INFORMATION SERVICES KURT S. BROWNING Governor Secretary of State April 18, 2011 Honorable Joseph E. Smith Clerk of the Circuit Court St. Lucie County 2300 Virginia Ave Fort Pierce, Florida 34982 Attention: Ms. Millie Delgado-Feliciano, Deputy Clerk Dear Mr. Smith: w Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your letter April 12, 2011 and certified copy of St. Lucie County Ordinance No. 11-006, which was filed in this office on April 18, 2011. Sincerely, ~X~~ Liz Cloud Program Administrator LC/vm DIRECTOR'S OFFICE R.A. Gray Building S00 South Bronough Street • Tallahassee, Florida 32399-0250 850.245.6600 • FAX: 850.245.6282 • TDD: 850.922.4085 • http://info.florida.gov COMMUNITY DEVELOPMENT STATE LIBRARY OF FLORIDA STATE ARCHIVES OF FLORIDA 850.245.6600 • FAX: 850.245.6643 850.245.6600 FAX: 850.245.6744 850.245.6700 • FAX: 850.488.4894 CAPITOL BRANCH RECORDS MANAGEMENT SERVICES ADMINISTRATNE CODE AND WEEKLY 850.488.2812 FAX: 850.488.9879 850.245.6750 • FAX: 850.245.6795 850.245.6270 • FAX: 850.245.6282