HomeMy WebLinkAboutResolution No. 2016-24 RESOLUTION NO. 2016-24
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF CAPE CANAVERAL, FLORIDA; RECOMMENDING
PROJECT ZEUS BE APPROVED AS A QUALIFIED
TARGET INDUSTRY BUSINESS PURSUANT TO SECTION
288.106, FLORIDA STATUTES; PROVIDING FOR THE
REPEAL OF PRIOR INCONSISTENT RESOLUTIONS;
SEVERABILITY AND AN EFFECTIVE DATE.
WHEREAS, the City is granted the authority, under section 2(b), Art. VIII of the State
Constitution, to exercise any power for municipal purposes, except when expressly prohibited by
law; and
WHEREAS, pursuant to section 196.1995, Florida Statutes, and Article VII of the
Florida constitution, a duly authorized referendum ballot was held on November 9, 2009
whereby the citizens of Cape Canaveral, by majority vote, authorized the City Council of the
City of Cape Canaveral to consider granting economic development ad valorem tax exemptions
to new businesses and expansions of existing businesses; and
WHEREAS, the business under consideration is a medical services and management
business, specifically,PROJECT ZEUS; and
WHEREAS,PROJECT ZEUS has been identified as a Target Industry Business; and
WHEREAS, PROJECT ZEUS plans to refurbish a 63,000+ SF facility within the City
of Cape Canaveral and create 150 jobs, with an average wage of$66,000; and
WHEREAS, the City Council of the City of Cape Canaveral hereby acknowledges that
local financial support of 20% of the total tax refund is required under the provisions of Section
288.106, Florida Statutes, governing the State's Qualified Target Industry Tax Refund Program;
and
WHEREAS, the City Council of the City of Cape Canaveral hereby finds that this
Resolution is in the best interests of the public health, safety and welfare of the citizens of Cape
Canaveral.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CAPE
CANAVERAL, FLORIDA, as follows:
Section 1. The City Council hereby recommends Project Zeus be approved as a
Qualified Target Industry Business pursuant to s.288.106, Florida Statutes.
Section 2. The City Council hereby determines the basis of this project's average
private sector wage commitment calculation shall be 150% of Brevard County's 2014 average
annual wage.
City of Cape Canaveral
Resolution No.2016-24
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Section 3. The City Council hereby finds that the necessary local financial support
for the Qualified Target Industry Tax Refund Program exists in the amount of 20% of the total
tax refund requested and will be provided in the form of ad valorem tax abatement granted to
Project Zeus pursuant to Section 196.1995, Florida Statutes.
Section 4. Should any section or provision of this Resolution or any portion hereof,
and paragraph, sentence or work be declared by a court of competent jurisdiction to be invalid,
such decision shall not affect the validity of the remainder hereto as a whole or part thereof
declared invalid.
Section 5. All Resolutions or any parts thereof in conflict herewith are hereby
repealed to the extent of the conflict.
Section 6. This Resolution shall take effect immediately upon its adoption by the
City of Cape Canaveral, Florida.
ADOPTED at a regular meeting of the City Council of the City of Cape Canaveral,
Florida, assembled this 18th day of October, 2016. / / /
L .
/
Bob Hoog, Mayor
For Against
John Bond Second
Mike Brown x
.' Bob Hoog x
Brendan McMillin x
Betty Walsh Motion
ATTEST (City Se 1):
Mia Goforth,C
City Clerk
Approved as to legal form and sufficiency for
the City of . . • Canaveral only:
'6
ANTHONY A. GARGANESE, City Attorney
City of Cape Canaveral
Resolution No.2016-24
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