HomeMy WebLinkAbout26-093 MICHF1 I F R.MILL FR.CI FRK OF THE CIRCUIT COURT
SAINT LUCIE COUNTY
FILE# 5636329 06/22/2026 03:54.09 PM RESO
OR BOOK 5493 PAGE 1510-1511 Doc Type:
RECORDING: $18.50
RESOLUTION 2026-93
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF ST.
LUCIE COUNTY, FL REVOKING RESOLUTION 18-132 AND JOB
GROWTH INVESTMENT GRANT (JGIG) 21-003 WHICH APPROVED
CERTAIN ECONOMIC INCENTIVES ON BEHALF OF ACCEL
INTERNATIONAL HOLDINGS, INC.
WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the
following determinations
1. On July 24, 2018, the Board of County Commissioners (Board) approved Resolution 18-
132, committing to incentivize a new manufacturing facility owned by Accel International Holdings,
Inc., consisting of approximately 150,000 square feet.
2. Resolution 18-132 authorized County staff to prepare a Job Growth Investment Grant
(JGIG) Agreement for the creation of one hundred and twenty-five (125) new jobs associated with the
company's new manufacturing facility.
3. On May 18,2021,the Board of County Commissioners approved Job Growth Investment
Grant (JGIG)Agreement 21-003,for Accel International Holdings, Inc., incentivizing the creation of one
hundred and twenty-five (125) new jobs over a four-year period.
4. On January 11, 2022, December 13, 2022, February 20, 2024, and January 21, 2025,
JGIG Agreement 21-003 was amended to extend the Year One job creation date and to revise the
annual job creation schedule.
5. Accel International Holdings, Inc., has not met the job creation requirements
established under JGIG Agreement 21-003, as amended.
6. On April 23, 2026, Accel International Holdings, Inc., submitted correspondence to the
County, agreeing to terminate existing economic incentive agreements with the understanding that
the company will have the opportunity to renegotiate a future economic incentive agreement with
the County.
7. The revocation of Resolution 18-132 and JGIG Agreement 21-003 shall not prevent Accel
International Holdings, 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. Resolution18-132 for Accel International Holdings, Inc., authorized by the Board of County
Commissioners on July 24, 2018, is hereby revoked.
B. Job Growth Investment Grant (JGIG) Agreement 21-003 for Accel International Holdings, Inc.,
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approved on May 18, 2021, as amended, is hereby revoked in its entirety.
C. The revocation of Resolution 18-132 and JGIG Agreement 21-003 shall not create any obligation
on the part of the County to approve or provide future economic incentives.
D. This Resolution shall take effect on the date of the adoption.
After motion and second,the vote on this Resolution was as follows:
Commissioner, Jamie Fowler, Chair AYE
Commissioner Larry Leet, Vice Chair AYE
Commissioner James Clasby AUE
Commissioner Erin Lowry AYE
Commissioner Cathy Townsend ABSENT
PASSED AND DULY ADOPTED this 19th day of May, 2026.
ATTEST: BOARD OF COUNTY COMMISSIONERS
ST. LUCIE COUNTY, FLORIDA
-3 BY: B 6
DEPUTY CLERK `s/p CHAIR
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O / 70
`P'' APPROVED AS TO FORM AND CORRECTNESS:
BY:
COUNTY ATTORNEY
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