HomeMy WebLinkAbout01-018JOANNE HOLHAN, CLERK OF THE CIROUIT
File Number: 1958253 OR BOOK 1436
Recorded:09/20/01 10:08
ORDINANCE NO. 01 - 18
AN ORDINANCE RELATING TO ST. LUCIE
FLORIDA, TO ENCOURAGE ECONOMIC bEVELOPN
THE COUNTY; ESTABLISHING AN EXEMPTIO
CERTAIN AD VALOREM TAXATION FOR FLORIDA
INDUSTRIES, INC., 1673 S.E. NIEMEYER CIRCL
$T. LUCIE, FLORIDA, AN EXPANDING BU,~
PROVIDING THE AMOUNT OF REVENUE AVAILABI
Ab VALOREM TAX $OURCE$ FOR THE CURRENT
YEAR AND THE AMOUNT OF E$TIMATED REVENL
THE CURRENT FI$CAL YEAR WHICH WOULD B
BECAU$E OF THE EXEMPTION GRANTED TO F
MARBLE INbU$TRIE$, INC.; PROVIDING AN EXPII
DATE OF THE EXEMPTION FROM THE DATE ON
ADOPTION OF THI$ ORDINANCE; PROVIDING A F
THAT FLORIDA MARBLE INDU$TRIE$, INC. MEE
DEFINITION OF AN EXPANDING BU$INE$S; PRO
A $EVERABILITY CLAUSE; PROVIDING AN EFF
DATE
BE IT ORDAINED BY THE BOARD OF COUNTY COMM
LUCIE COUNTY, FLORIDA:
ARTICLE I
Short Title
This Ordinance shall be known as County Ordinance No. 0;1-18
Ad Valorem Tax Exempt/on - Florida Marble Tndustries, 3'nc.
ARTICLE II
Procedure
After consideration of the report of the Property Appraiser
the procedure set forth in County Ordinance c)?-74, "Economic Develo
COURT - SAINT LUCIE COUNTY
AGE 1240
OUNTV,
,ENT IN
FROM
AARBLE
_-', PORT
~INE$$;
.E FROM
FI'$CAL
E FROM
E LOST
LORIDA
~ATION
BOARD
[NDING
TS THE
VIDING
~ECTIVE
IS$IONER$ OF ST.
Economic Development
~nd in accordance with
)ment Ad Valorem Tax
OR BOOK 1436 PASE 1241
Exemption Regulations of St. Lucia County, Florida", the Board gtc
exemption from ad valorem taxation of the assessed value of Florida
Florida, in accordance with the following exemption phase out schec
Year 1 (Fiscal Year 2001-02) - 100%
Year 2 - 80%
Year 3 - 60%
Year 4 - 40%
Year 5 - 20%
No exemption shall be granted on the land on which improveme~
Marble Indus,ties, Inc.
ARTICLE III
Ad Valorem Tax Revenues
Total revenues are available to the County for the current fisc¢
tax sources is $68,695,677.12. Revenues lost to the County for the
ad valorem tax exemptions under this section currently in effect are
to be lost by granting of this exemption for the current fiscal yet
$125.18.
ARTICLE IV
Expira, ion Date
The Economic Development Ad Valorem Tax Exemption.gran,
Industries, Inc., an expanding business shall be for five (5) years fr
adoption of this Ordinance.
nts and establishes an
arble Industries, Inc.,
rs are mode by Florida
year from ad valorem
:urrent fiscal year by
;106,041.79. Revenues
are estimated to be
;d to Florida Marble
om the date of Board
OR BOOK l~3G PA6E 12~2
ARTICLE V
Finding
The Board of County Commissioners of St. Lucia County, Flor
Marble ]:ndustries, ThC. is an expanding business as defined by St. Luci
92-24 and Section 196.012(16), Florida Statutes. The Board reserves
exemption if Florida Marble ]:ndustries, ]:nc. no longer satisfies the
ARTICLE VI
Severability
Tf any section, subsection, paragraph, sentence, clause, phr,
Ordinance is for any reason found void, invalid, unlawful, or unconstit
competent jurisdiction, such portion shall be deemed a separate, dis1
severable provision and such holding shall not affect the validity of
of this Ordinance.
ARTICLE VII
Effective Date
This Ordinance shall take effect upon receipt of notice of fill
of State.
ARTICLE VIII
Adoption
After motion and second, the vote on this Ordinance was as fc
Chairman Frannie Hutchinson AYE
'ida, finds that Florida
County Ordinance No.
~he right to repeal the
:riteria set out above.
~se, or portion of this
4tional by any court of
inct, independent, and
'he remaining portions
g from the Secretary
Ilows:
OR BOOK 1436 P~GE 1243
Vice Chairman Doug Coward
Commissioner John b. Bruhn
Commissioner Paula Lewis
Commissioner Cliff Barnes
AYE
AYE
AYE
AYE
PASSED AND DULY ADOPTED this 11th day of September
ATTEST:
BOARD OF COUN'
ST. LUCIE COUN'I
APPROVED AS TO
BY:
Count'
2001.
¥
¥, FLORID,