HomeMy WebLinkAbout02-291RESOLUT]:ON NO. 02-291
A RESOLUT]:ON ACKNOWLED6TN6 THE RESULTS OF THE
ELEC~F]:ON HELD ON NOVEMBER 5, 2002 ON THE
PROPOSI:T3:ON CALL3:N6 FOR ECONOM]:C DEVELOPMENT
Ab VALOREM TAX EXEMPT3:ON$ FOR ST. LUCZE COUNTY,
FLORTDA; RENEWTN6 THE EXEMPTZON FOR AN
ADD'rTZONAL 10 YEAR PEI~I:OD BE~]:NNTN~ NOVEMBER 5,
2002.
WHEREAS, the Board of County Commissioners of 51. 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 51. Lucia County under Section 3, Article V]~][ of the 5tote Constitution; and,
2. On October 6,1992, the Board adopted Ordinance No. 92-24 which established
the Economic Development Ad Valorem Tax Exemption program in St. Lucia County. This
Ordinance took effect only upon approval by the voters on November 3, 1992 of the ballot
question authorized by Resolution No. 92-175. This Ordinance does not contain an expiration
date; and,
3. On November 3, 1992, the County voters approved the proposition by a vote of
32,127 FOR and 25,720 A~ATNST; and,
4. Section 196.1995(7), Florida Statutes, provides that the authority to grant ad
valorem tax exemptions will expire 10 years after the date such authority was approved in
an election but that the authority may be renewed for an additional 10 year period if
approved by County voters in a referendum; and,
5. On August 20, 2002, the Board adopted Resolution No. 02-116 directing an
election to be held to provide for the placement of a proposition on the November 5, 2002
general election ballot collins for economic development od valorem tax exemptions for St.
Lucie County; and,
6. On November 5, 2002, the County voters approved the proposition by a vote
of 41,077 FOR and 21,426 AF~A];NST.
NOW, THEREFORE, by the Board of County Commissioners of 51. Lucie County,
Florida:
1. Based on the results of the November 5, 2002 election, County Ordinance No.
92-24, as amended, "Economic Development Ad Valorem Tax Exemption Regulations of ,St.
Lucie County, Florida" shall remain in effect from November 5, 2002 through November 4,
2012.
2. This resolution shall be effective on November §, 2002.
After motion and second, the vote on this resolution was os follows:
Commissioner Doug Coward AYE
Chairman Doug Coward AYE
Commissioner ~Tohn D. Bruhn AYE
Commissioner Paulo A. Lewis AYE
Commissioner Frannie Hutchinson AYE
PASSED AND DULY ADOPTED THZS 26th clay of November, 2003
A I ~ EST:
BOARD OF COUNTY COMMT~$ZONER$
ST LUCIE COUNTY, FLOR/DA
BY: CHAZ-
APPROVED AS TO FORM AND
CORRECT~ESS