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HomeMy WebLinkAbout21-363 RESOLUTION 2021-363 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY AMENDING AND RESTATING RESOLUTION NO. 20-006 TO AMEND THE IMPLEMENTATION SCHEDULE FOR THE INCENTIVE PACKAGE TO REFLECT THE IMPACTS OF COVID-19. WHEREAS,the Board of County Commissioners of St. Lucie County, Florida, has made the following determinations: 1. A-1 Roof Trusses Ltd.Co. has over forty(40)years of industry experience, is a major truss supplier in the Southern United States and The Bahamas, is a desired employer in the region, and a leader in the truss manufacturing and construction industry. 2. A-1 Roof Trusses Ltd. Co. employs over two hundred sixty (260) production, skilled trade, professional and managerial level employees in St. Lucie County, is a proven economic driver, and is one of the most respected companies in the truss manufacturing and construction industry. 3. A-1 Roof Trusses Ltd. Co. is committed to investing in the economic wellbeing of St. Lucie County by maintaining its headquarters here, and continuing to support and encourage its employees through cross training and a certified apprenticeship program in truss design. 4. A-1 Roof Trusses Ltd. Co. plans to expand its manufacturing facility by approximately sixty thousand square feet (60,000 sq.ft.) and will provide average earnings per worker that are well above St. Lucie County's average wage and a generous benefits package to its employees, while continuing to support and encourage its employees through cross-training and a certified apprenticeship program in truss design. 5. The project will comprise of a capital investment for Phase One and Phase Two in the amount of three million two hundred thousand ($3.2 mil) in real estate and four million nine hundred thousand ($4.9 mil) in tangible personal property, for a total investment of over eight million ($8 mil),and the creation of twenty-eight(28) new full-time jobs paying an average wage of twenty-two dollars and one cent($22.01) per hour, 120%of St. Lucie County's average wage by December 31, 2021. Phase Three of the project will provide a capital investment in the amount of five million ($5 mil) and one million ($1 mil) in tangible personal property by December 21, 2022. 6. St. Lucie County is offering an incentive package to A-1 Roof Trusses Ltd.Co. for the benefit of the residents of St. Lucie County, for full-time and/or full-time equivalent jobs created beginning December 3,2019. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Florida, in consideration of the benefits gained by the residents of St. Lucie County through the expansion of A-1 Roof Trusses Ltd. Co., the following incentives are offered: A. St. Lucie County Job Growth Investment Grant (JGIG): The Board authorizes County staff to prepare a JGIG agreement with A-1 Roof Trusses Ltd.Co. and/or its subsidiaries or successors for the creation of twenty-eight (28) subsequent new full-time jobs pursuant to the St Lucie County Job Growth Investment Grant Program guidelines. 1 B. 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 A-1 Roof Trusses Ltd. Co.'s proposed expansion of its manufacturing facility 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 Board authorizes County staff to prepare an Economic Development Ad Valorem Tax Exemption Ordinance for A-1 Roof Trusses Ltd. Co. and/or its subsidiaries or successors based on the creation of twenty-eight (28) new jobs pursuant to the St Lucie County Ad Valorem Tax Exemption Program guidelines, for consideration by the Board. If approved, by ordinance, the exemption would be valued on a six (6) year declining percentage schedule (100%, 90%, 80%, 60%, 40%, and 20%) for Phase One of the project as of December 31, 2021 and Phase Two of the project as of December 31, 2022. C. St Lucie County Impact Fee Mitigation: The Board authorizes County staff to prepare an Impact Fee Mitigation Agreement with A-1 Roof Trusses Ltd. Co. and/or its subsidiaries or successors for the creation of twenty-eight (28) new jobs pursuant to St. Lucie County's Impact Fee Mitigation Program guidelines. D. This resolution shall take effect upon adoption. After motion and second, the vote on this Resolution is as follows: Chair Chris Dzadovsky AYE Vice Chair Sean Mitchell AYE Commissioner Linda Bartz AYE Commissioner Frannie Hutchinson AYE Commissioner Cathy Townsend AYE PASSED AND DULY ADOPTED this 5th day of October 2021. BOARD OF COUNTY COMMISSIONERS ATTEST: ST. LUCIE COUNTY, FLORIDAes4i: C04, BY: Deputy Clerk C�J . �� Chair " O G j ``� m APPROVED AS FORM AND y CORRECTNESS: c°�NTy,F%PIAo BY: County Attorne 2