HomeMy WebLinkAbout18-177RESOLUTION 18-177
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS
OF ST. LUCIE COUNTY APPROVING CERTAIN INCENTIVES ON
BEHALF OF MARTIN HEALTH SYSTEM
WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following
determinations:
1. Martin Health System, a not-for-profit community based health care organization, provides
services included on the St. Lucie County Targeted Industries List.
2. In addition to a generous benefits package, Martin Health System's average earnings per
worker is well above the average earnings for St. Lucie County.
3. Martin Health System desires to expand its operations in the County by constructing a
Neuroscience Center for Excellence at its neurology campus located at the Center for innovation in
the City of Port St. Lucie.
4. The Neuroscience Center for Excellence will provide services for neurological conditions,
neurology, neurosurgery, a comprehensive stroke center, Alzheimer's disease and memory disorders,
pain management, and back and spine rehabilitation.
5. The services to be provided by the Neuroscience Center for Excellence fall under the umbrella
of Professional, Scientific and Technical Services on the St. Lucie County Targeted Industries List.
6. Martin Health System intends to make a thirty million and 00/100 dollars ($30,000,000.00)
capital investment in the Neuroscience Center for Excellence with construction of elements of the
Center to begin in 2019 and be completed within the next five (5) years.
7. The project will result in the creation of approximately one hundred fifty (150) new jobs over a
five year period.
8. St. Lucie County is offering a collaborative incentive package to Martin Health System in
partnership with the City of Port St. Lucie for the benefit of the residents of St. Lucie County.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie
County, Florida, that in consideration of the benefits gained by the residents of St. Lucie County
through the development of Martin Health System's new facility, the following incentives are offered:
A. St. Lucie County Ad -Valorem Tax Exemption on New Real Property and Tangible Personal
Property: The Board hereby makes a preliminary finding that the nature of Martin Health
System planned development of the Neuroscience Center of Excellence meets the
requirements for an Economic Development Ad Valorem Tax Exemption as set forth in Section
196.1995, Florida Statutes, and Section 42-28, St. Lucie County Code of Ordinances, subject
to submission and review of an Economic Development Ad Valorem Tax Exemption application
and adoption of an ordinance granting such exemption. The exemption is valued at 100% each
year for the first six (6) years and for the last four (4) years on a declining percentage schedule
for the remaining period (90%-80%-60%-$40%) for consideration by the Board in accordance
with Section 42-46, St. Lucie County Code of Ordinances and Compiled Laws. The Board
authorizes County staff to assist Martin Health System in the application for a 10 -year
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Economic Development Ad Valorem Tax Exemption as described in the County's Economic
Development Ad Valorem Tax Exemption program.
B. St. Lucie County impact Fee Mitigation: The Board authorizes staff to assist Martin Health
System in the application for impact fee mitigation consistent with the County's Economic
Development Impact Fee Mitigation program in accordance with Section 24-1, St. Lucie County
Code of Ordinances and Compiled Laws.
After motion and second, the vote on this Resolution was as follows:
Commissioner Frannie Hutchinson, Chair AYE
Commissioner Linda Bartz, Vice Chair AYE
Commissioner Chris Dzadovsky AYE
Commissioner Anthony Bonna AYE
Commissioner Cathy Townsend AYE
PASSED AND DULY ADOPTED this 2nd of October 2018.
ATTEST:
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Deputy Cleo
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BOARD OF COUNTY COMMISSIONERS
ST. LUCIE LINTY, FLO DA
V.
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APPROVES TO FORM AND
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BY:
County Attor