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HomeMy WebLinkAbout24-114 MICHELLE R.MILLER,CLERK OF THE CIRCUIT COURT SAINT LUCIE COUNTY FILE# 5362101 07/15/2024 02:16:20 PM OR BOOK 5178 PAGE 51-52 Doc Type:RESO RECORDING: $18.50 RESOLUTION 2024-114 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF ST. LUCIE COUNTY, FL REVOKING RESOLUTION 2021-36 AND JOB GROWTH INVESTMENT GRANT (JGIG) 21-004 WHICH APPROVED CERTAIN ECONOMIC INCENTIVES ON BEHALF OF JANSTEEL USA INC. WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following determinations 1. On February 23, 2021,the Board of County Commissioners(Board)approved Resolution 2021-36, committing to provide economic incentives for the 43,000 square feet of new manufacturing space for Jansteel USA, Inc. 2. Resolution 2021-36 for Jansteel USA, Inc. authorized County staff to prepare a Job Growth Investment Grant (JGIG) Agreement for the creation of fifty-five (55) new jobs associated with the company's new manufacturing facility. 3. Resolution 2021-36 for Jansteel USA, Inc. authorized staff to assist in the application fora 6- year ad valorem tax exemption as described in the Country's Economic Development Ad Valorem Tax Exemption program. 4. Resolution 2021-36 for Jansteel USA, Inc. authorized staff to prepare an Impact Fee Mitigation Agreement with the company and/or its subsidiaries or successors for the creation of fifty- five (55) new jobs pursuant to St. Lucie County's Impact Fee Mitigation Program guidelines. 5. On July 27, 2021,the Board of County Commissioners approved Job Growth Investment Grant (JGIG) Agreement 21-004 for Jansteel USA, Inc., incentivizing the creation of fifty-five (55) new jobs over a two-year period. 6. Jansteel USA, Inc. has not moved forward with their expansion of the new 43;000 square foot manufacturing facility and associated job creation. 7. To date, Jansteel USA, Inc. has,not provided County staff with a response to a written request for status updates on plans to initiate expansion and job creation. 8. The revocation of Resolution 2021-36 and JGIG Agreement 21-004 shall not prevent Jansteel USA, Inc. from requesting economic incentives from the Board of County Commissioners in the future. NOW,THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Florida: A. Resolution 2021-36 for Jansteel USA, Inc., authorized by the Board of County Commissioners on February 23,2021, is hereby revoked. B. Job Growth Investment Grant Agreement for Jansteel USA, Inc. authorized by the Board of 1 County Commissioners on July 27, 2021, is hereby revoked. C. This Resolution shall take effect on the date of the adoption. After motion and second,the vote on this Resolution was as follows: Commissioner Cathy Townsend, Chair AYE Commissioner Chris Dzadovsky, Vice Chair AYE Commissioner Linda Bartz AYE Commissioner Larry Leet AYE Commissioner Jamie Fowler AYE PASSED AND DULY ADOPTED this 4th day of June, 2024. ATTEST: BOARD OF COUNTY COMMISSIONERS ST. LUCIE COUNTY, FLORIDA BY: ''L.s• I/i.; OM , BY: , . :�� J A ,A !•� DEPUTY CLERK 4C /p CHAIR C v pcy %g 11• qe tG .a : 0vlM PRED S TO CORRECTNESS: couNaf : COUNTY ATTO NE 2