HomeMy WebLinkAbout02-116RESOLUTION NO. 02-116
A RESOLUTION DIRECTIN6 AN ELECTION TO BE HELD
TO PROVIDE FOR THE PLACEMENT OF A PROPOSITION
CALLT. N6 FOR ECONOMIC DEVELOPMENT Al:) VALOREM
TAX EXEMPTION5 FOR ST. LUCIE COUNTY, FLORIDA,
ON THE NOVEMBER §, 2002 6ENERAL ELECTION BALLOT
WHEREAS, the Board of County Commissioners of St. Lucia County,
Florida, has made the following determinations:
1. Section 196.1995, Florida Statutes, provides that the Board of
County Commissioners may hold a referendum to allow the voters to
determine whether to grant authority for economic development ad valorem
tax exemptions to new and expanding businesses in St. Lucia County under
Section 3, Article VTT of the 5tare Constitution.
2. This Board believes that directing on election to provide for
placement of a proposition calling for economic development ad valorem tax
exemptions for St. Lucie County on the General Election Ballot on November
5, 2002, is in the best interest of the public health, safety and welfare of
the citizens of St. Lucia County, Florida.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of St. Lucia County, Florida:
1. This Board does hereby direct the Supervisor of Elections to
place on the November 5, 2002, General Election Ballot the following
proposition to be voted upon by the electors of St. Lucia County:
ECONOMIC DEVELOPMENT INCENTIVE
AD VALOREM TAX EXEMPTION
The Economic Development Ad Valorem Tax Exemption would
allow the County to encourage the establishment of new
businesses and the expansion of existing businesses by granting
an exemption from County property taxes of up to 100 percent
of only the assessed value of improvements and personal
property for those businesses. Any exemption would only
remain in effect for up to ten (ZO) years and would not apply to
school, city or voter approved taxes.
Shall the Board of County Commissioners of St. Lucia County be
authorized to grant pursuant to Section 3, Article VIT of the
State Constitution, property tax exemption incentives to new
businesses and expansions of existing businesses?
Yes For authority to grant exemptions.
No Against authority to grant exemptions.
?. If the proposition is approved by a majority of the electors
voting at the November .5, ;>00;~ election, the Board of County
Commissioners, at its discretion, by ordinance may exempt from ad valorem
taxation up to one hundred percent (100%) of the assessed value of all
improvements to real property made by or for the use of a new business and
of all tangible personal property of such new business, or up to one hundred
percent (100%) of the assessed value of all added improvements to real
property made to facilitate the expansion of an existing business and of the
net increase in all tangible personal property acquired to facilitate such
expansion of an existing business, provided that the improvements to real
property are made or the tangible personal property is added or increased
on or after the day the ordinance is adopted.
After motion and second, the vote on this resolution was as follows:
Chairman Doug Coward
AYE
Vice Chairman Cliff Barnes
AYE
Commissioner Paula A. Lewis
AYE
Commissioner ,Tohn b. Bruhn
AYE
Commissioner Frannie Hutchinson AYE
PASSED AND DULY ADOPTED this 20th day of August, 2002.
BOARD OF COUNTY COMMISSIONERS
ATTEST: ST. LUCRE COUNTY_ FLORIDA
Ch~r'man
APPROVED AS,~O FORM AND
Cou~??o~ney