HomeMy WebLinkAbout24-021 ORDINANCE NO. 2024-21
AN ORDINANCE RELATING TO ST. LUCIE COUNTY, FLORIDA, TO
ENCOURAGE ECONOMIC DEVELOPMENT IN THE COUNTY;
ESTABLISHING AN EXEMPTION FROM CERTAIN REAL AND
PERSONAL PROPERTY AD VALOREM TAXATION FOR A-1
INDUSTRIES OF FLORIDA INC.,4451 ST. LUCIE BLVD, FORT PIERCE,
FL 34946, FOR THE 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 A-1 INDUSTRIES OF FLORIDA INC., PROVIDING AN
EXPIRATION DATE OF THE EXEMPTION; PROVIDING A FINDING
THAT A-1 INDUSTRIES OF FLORIDA INC., MEETS THE DEFINITION
OF AN EXPANDING BUSINESS; 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. 2024-21, "Economic
Development Ad Valorem Tax Exemption—A-1 Industries of Florida 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 ad valorem taxation of the assessed value of A-1 Industries of Florida Inc. in
accordance with the following exemption phase out schedule for the tax years listed below:
Year 1 - 100%
Year 2 - 90%
Year 3 - 80%
Year 4 - 60%
Year 5 40%
Year 6 . - 20%
MICHELLE R.MILLER,CLERK OF THE CIRCUIT COURT 1
SAINT LUCIE COUNTY
FILE# 5353096 06/21/2024 08:17:04 AM
OR BOOK 5167 PAGE 1482-1484 Doc Type:ORDN
RECORDING: $27.00
1
No exemption shall be granted on the land on which improvements are made by A-1
Industries of Florida Inc
ARTICLE III
Ad Valorem Tax Revenues
Total revenues are available to the County for the current fiscal year from ad valorem tax
sources is$284,577,288.37. Revenues lost to the County for the current fiscal year by ad valorem
tax exemptions under this section currently in effect are $362,328.47. Revenues to be lost by
granting of this exemption for the current fiscal year are estimated to be $51,635.11.
ARTICLE IV
Expiration Date
The Economic Development Ad Valorem Tax Exemption granted to A-1 Industries of
Florida Inc., an expanding business, shall be for six (6) years from the date the exemption is
applied.
ARTICLE V
Finding
The Board of County Commissioners of St. Lucie County, Florida, finds that A-1 Industries
of Florida Inc., is an expansion of an existing business as defined by the St. Lucie County Ordinance
No. 92-24 and Section 196.012(14), Florida Statutes. The Board reserves the right to repeal the
exemption if A-1 Industries of Florida Inc. no longer satisfies the criteria set out above.
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 filing from the Secretary of State.
ARTICLE VIII
Adoption
After motion and second, the vote of this Ordinance was as follows:
2
Commissioner Cathy Townsend, Chair AYE
Commissioner, Chris Dzadovsky, Vice Chair AYE
Commissioner Larry Leet AYE
Commissioner Linda Bartz AYE
Commissioner Jamie Fowler AYE
PASSED AND DULY ADOPTED this 4th day of June 2024.
ATTEST: BOARD OF COUNTY COMMISSIONERS
ST. LUCIE COUNTY, FLORIDA
LL//1 OMM BY:\
DEPUTY CLERK y G /34,, CHAIR
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• # APPROVED AS TO FORM
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COUNTY ATT R Y
3
PLORIDA DEPARTMENT 0 STATE
r
RON DESANTIS
Governor
June 18, 2024
Michelle R. Miller
Clerk & Comptroller
St. Lucie County
2300 Virginia Ave.
Fort Pierce, FL 34982
Dear Michelle Miller,
CORD BYRD
Secretary of State
Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your
electronic copy of St. Lucie County Ordinance No. 2024-21, which was filed in this office on June 17,
2024.
Sincerely,
Matthew Hargreaves
Administrative Code and Register Director
MJH/wlh
R. A. Gray Building • 500 South Bronough Street • Tallahassee, Florida 32399-0250
Telephone: (850) 245-6270