HomeMy WebLinkAbout20-015 ORDINANCE NO. 20-015
AN ORDINANCE RELATING TO ST. LUCIE COUNTY, FLORIDA, TO
ENCOURAGE ECONOMIC DEVELOPMENT IN THE COUNTY;
ESTABLISHING AN EXEMPTION FROM CERTAIN REAL PROPERTY
AND PERSONAL PROPERTY AD VALOREM TAXATION FOR CITY
ELECTRIC SUPPLY COMPANY, INC., 11675 SW TOM MACKIE
BOULEVARD, PORT ST. LUCIE, FLORIDA, FOR AN EXPANSION OF
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 CITY ELECTRIC SUPPLY COMPANY,
INC.; PROVIDING AN EXPIRATION DATE OF THE EXEMPTION;
PROVIDING A FINDING THAT CITY ELECTRIC SUPPLY COMPANY,
INC., MEETS THE DEFINITION OF AN EXPANDING BUSINESS AND
ESTABLISHING THE JOB CREATION SCHEDULE; 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. 20-OXX, "Economic Development
Ad Valorem Tax Exemption —City Electric Supply 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 real property and personal property ad valorem taxation of the assessed value
of City Electric Supply Company, Inc., 11675 SW Tom Mackie Boulevard, Port St. Lucie, Florida, in
accordance with the following exemption phase out schedule for the tax years listed below:
Year 1 - 100%
Year 2 - 100%
Year 3 - 100%
Year 4 - 100%
Year 5 - 100% JOSEPH E.SMITH,CLERK OF THE CIRCUIT COURT
SAINT LUCIE COUNTY
FILE# 4719534 06/17/2020 12:22:43 PM
1 OR BOOK 4433 PAGE 2567-2570 Doc Type:ORDN
RECORDING: $35.50
Year 6 - 90%
' Year 7 - 80%
Year 8 - 60%
Year 9 - 40%
Year 10 - 20%
No exemption shall be granted on the land on which improvements are made by City
Electric Supply Company, Inc.
ARTICLE III
Ad Valorem Tax Revenues
Total revenues are available to the County for the current fiscal year from real property
and personal property ad valorem tax sources is $190,776,439.35. Revenues lost to the County
for the current fiscal year by real property and personal property ad valorem tax exemptions
under this section currently in effect are $214,498.35. Revenues to be lost by granting of this
exemption for the current fiscal year are estimated to be $365,183.09.
ARTICLE IV
Expiration Date
The Real Property and Personal Property Economic Development Ad Valorem Tax
Exemption granted to City Electric Supply Company, Inc., an expanding business, shall be for ten
(10) years from the date the exemption is applied.
ARTICLE V
Finding and Job Creation Schedule
The Board of County Commissioner of St. Lucie County, Florida, finds that City Electric
Supply Company, Inc. is an expansion of an existing business as defined by the St. Lucie County
Ordinance No. 92-24 and Section 196.012(15), Florida Statutes, subject to compliance with the
following job creation schedule:
Implementation Date Jobs per Phase Aggregate Jobs Average Wage
December 31, 2021 10 10 $17.37/hour
December 31, 2022 8 18 $17.37/hour
December 31, 2023 12 30 $17.37/hour
December 31, 2024 10 40 $17.37/hour
December 31, 2025 10 50 $17.37/hour
The Board reserves the right to repeal the exemption if City Electric Supply Company, Inc. no
longer satisfies the criteria set out above during the term of the exemption.
2
ARTICLE VI
Severability
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 filling from the Secretary of
State.
ARTICLE VIII
Adoption
After motion and second, the vote of this Ordinance was as follows:
Commissioner Cathy Townsend, Chair AYE
Commissioner Chris Dzadovsky, Vice Chair AYE
Commissioner Sean Mitchell AYE
Commissioner Linda Bartz AYE
Commissioner Frannie Hutchinson AYE
PASSED AND DULY ADOPTED this 2nd day of June, 2020.
ATTEST: BOARD OF COUNTY COMMISSIONERS
ST. LUCIE COUNTY, FLORIDA
�- / _csQ BY:
io •4f
D PUTY 6 LERK GOMM, CHAIR
crF c'amciert0 3
APPROVED AS TO FORM
AND CORRE NESS:
BY:
COUNTY ATT NEY
4
RON DESANTIS LAUREL M. LEE
Governor Secretary of State
June 18, 2020
Honorable Joseph E. Smith
Clerk of the Circuit Court
St. Lucie County
2300 Virginia Avenue
Fort Pierce, Florida 34982
Attention: Ms. Angela Riggins
Dear Mr. Smith:
Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your
electronic copy of St. Lucie County Ordinance No. 20-015, which was filed in this office on June 18, 2020.
Sincerely,
Ernest L. Reddick
Program Administrator
ELR/lb
R. A. Gray Building 500 South Bronough Street Tallahassee, Florida 32399-0250
Telephone: (850) 245-6270
www.dos.state.fl.us