HomeMy WebLinkAbout01-01950ANNE HDLH?N, CLE~I( OF THE t3IRCU~T_I
Fi!e Number. t_958;55 rjr [tOOK :L456 P~
Recorded:09/20/Oi 1_0:08
ORDINANCE NO. 01-19
AN ORDINANCE RELATING TO ,ST. LUCIE
FLORIDA, TO ENCOURAGE ECONOMIC bEVELOPM
THE COUNTY; ESTABLISHING AN EXEMPTIOI~
CERTAIN Ab VALOREM TAXATION FOR
ELECTRIC SUPPLY CO. LTD. D/B/A TAMLITE LIG
660 N.W. PEACOCK DRIVE, PORT ST. LUCIE, FL
AN EXPANDING BUSINESS; PROVIDING THE AMO
REVENUE AVAILABLE FROM Ab VALOREM TAX
FOR THE CURRENT FISCAL YEAR AND THE AMO~
ESTIMATED REVENUE FROM THE CURRENT FISC~
WHICH WOULD BE LOST BECAUSE OF THE EXEI
GRANTED TO COUNTY ELECTRIC SUPPLY CO. LTD
TAMLITE LIGHTING; PROVIDING AN EXPIRATIO
OF THE EXEMPTION FROM THE bATE ON
ADOPTION OF THIS ORDINANCE; PROVIDING A
THAT COUNTY ELECTRIC ,SUPPLY CO. LTD.
TAMLITE LIGHTING MEETS THE DEFINITION
EXPANDING BUSINESS; PROVIDING A SEVER~
CLAUSE; PROVIDING AN EFFECTIVE bATE
BE ~ ORDAINED BY THE BOARD OF COUNTY CaMM
LUCIE COUNTY, FLORIDA:
ARTICLE I
Sho~ Title
This Ordinance shall be known c~ County Ordinance No. 01-19"
Ad Valorem Tax Exemption - County Electric Supply Co. Ltd. d/b/a q
ARTICLE II
Procedure
After consideration of the report of the Property Appraiser
the procedure set forth in County Ordinance 92-24, "Economic Devel(
',OURT -SAINT LUCIE COUNTY
~GE 1248
)UNTY,
ENT IN
FROM
OUNTY
HTING,
ORIDA,
L)NT OF
)URCES
JNT OF
~L YEAR
^PTION
· D/B/A
H DATE
BOARD
CNblNG
DIB/A
OF AN
~BILITY
]:$5IONER$ OF ST.
Economic Development
'amlite Lighting
and in accordance with
)ment Ad Valorem Tax
OR BOOK 1436 PAGE 1249
Exemption Regulations of St. Lucia County, Florida", the Board gra
exemption from ad valorem taxation of the assessed value of County
d/b/a Tamlite Lighting, 660 KI.W. Peacock Drive, Port St. Lucia, Flor
the following exemption phase out schedule:
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
Electric Supply Co. Ltd. d/b/a Tamlite Lighting.
AR'I-~CLE TTT
Ad Valorem Tax Revenues
Total revenues are available to the County for the current flsa
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 most by granting of this exemption for the current fiscal yec
$27,298,77.
AR1-J:CLE TV
Expiration Date
The Economic Development Ad Valorem Tax Exemption gran'
Supply Co. Ltd. d/b/a Tamlite Lighting, an expanding business shall be
the date of Board adoption of this Ordinance.
ars and establishes an
Electric Supply Co. Ltd.
ida, in accordance with
are made by County
il year from ad valorem
current fiscal year by
;106,041.79. Revenues
r are estimated to be
· ed to County Electric
for five (5) years from
OR BOOK 1456 PAGE 1250
ARTICLE V
Finding
The Board of County Commissioners of St. Lucia County, FIo~
Electric Supply Co. Ltd. d/b/a Tamlite Lighting is an expanding busi
Lucia County Ordinance No. 92-24 and Section 196.012(16), Flor/dc
reserves the right to repeal the exemption if County Electric Supply
Lighting no longer satisfies the criteria set out above.
ARTICLE VT.
teverability
T.f any section, subsection, paragraph, sentence, clause, phrc
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 bate
This Ordinance shall take effect upon receipt of notice of filil
of State.
ARTICLE VIII
Adap, ion
After motion and second, the vote on this Ordinance was as fc
'ida, finds that County
ness as defined by St.
Statutes. The Board
Co. Ltd. d/b/aTamlite
~e, or portion of this
jtional by any court of
inct, independent, and
· he remaining portions
g from the Secretory
Ilows:
OR BOOK 1436 P~GE 1251
Chairman Frannie Hutchinson
Vice Chairman Doug Coward
Commissioner ,Tohn Bruhn
Commissioner Paula Lewis
Commissioner Cliff Barnes
AYE
AYE
AYE
AYE
AYE
PASSED AND DULY ADOPTED this llth day of September
2001.
ATTEST:
BOARD OF
ST. LUCIE COl
COMMTSSTO
FLORIDA.
Deputy Clerk
APPROVED AS TO
COl
BY:
Count'