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HomeMy WebLinkAboutCHSi Ad Valorem Tax Exemption - Supplemental Application SUPPLEMENTAL APPLICATION BREVARD COUNTY ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTION PROGRAM APPLICANT NAME:Comprehensive Health Services,Inc. NOTICE: This supplement is to be used by the applicant to provide additional information required by Economic Development Ad Valorem Tax Abatement Ordinance, Chapter 102, Division 3, Sections 181-191, Brevard County Code; and to provide other information requested by the Board of County Commissioners and the entities who will review the application. Any business seeking an exemption shall file an application with the County before the business has made the decision to locate a new business in the County or before the business has made the decision to expand an existing in the County. Any business decisions, such as announcements, leasing of space or hiring of employees, made prior to final County Economic Development Tax Abatement approval (and not made contingent upon County approval) may constitute grounds for disapproval. Projects, which clearly do not require inducement,will not be approved. 1. Length of exemption requested is total of 10 years(length of exemption approved is sole discretion of County Commission and commences on the adoption date of the ordinance granting the exemption). 2. Property Owner Name: Astronaut Properties LLC Address:2210 South Atlantic Ave.Cocoa Beach Fla.32931 Telephone No. (321)784-2318 FAX No.(321 )868-0038 3. Authorized Agent: Address: Telephone Number:(_) Fax No. ( 1 4. Type of industry or business: Medical Management Company and Medical Services 5. Brief description of product and expansion plans(The applicant is to provide an executive summary of its business plan): The Company is evaluating consolidation of operations in Florida or Virginia. We have a large presence at our world headauarters in Cape Canaveral, Fla. And are contemplating relocating approximately 70 emolovees from Virginia to Florida and expect approximately 80 new permanent positions to be created in Florida based on recent contract awards and anticipated new contract awards. See attached Executive Summary. 6. Anticipated number of new employees(The applicant is to provide a breakdown of jobs to be created by category and planned salary to be paid by position): approximately 150 7. Percent Increase in overall employment: _over 21% 8. Expected number of new employees who will reside in Brevard County: over 90% 9. Percentage of existing employees who have resided in the County for more than two years: estimated at over 90% 10. Anticipated average wage of employees: $66,000 11. Anticipated average annual payroll:$9.9 million for 150 new jobs 12. Anticipated new capital investment as a result of expansion or relocation of business: New construction value: $4,000,000 New personal property value: approximately$500,000 13. Environmental impact of business.(Identify the number and type of environmental permits required as a result of this project: e.g.air, soil and water pollution,water and sewer,dredge and fill,storm water,industrial wastewater;provide a brief narrative statement of the company's environmental impacts): No environmental impact anticipated. The Company does not generate hazardous waste or bio waste at the world headquarters office. 14. Anticipated volume of business or production: Company expects to grow 30%from 2015 to 2016 and expects double digit growth in the next five years. The Company has a compound annual growth rate of 15%over the past ten years. 15. The relocation or expansion would not occur without the exemption: Yes[ ] No[X] 16. Source of supplies(local or otherwise): i •source of supplies County:less than 15%(Brevard County) •source of supplies Florida: less than 20% •source of supplies out-of-state:greater than 80% 17. Business is/will be located in a community redevelopment area: Yes[ X ] No[ ] Name of area:Cape Canaveral, Florida redevelopment area SIGNATURES: I hereby confirm the information provided by oKt-ekef%l V� &J4 �"'(eJ)t�ike Economic Development Commission of Florida's Space Coast and the Board of County Commi sioners for the purpose of calculating the economic impact and benefit of the proposed tax abatement is true, accurate and complete. I further confirm that r n s c is not in violation of any federal, state or local law, or regulation governing environmental matters. I hereby acknowledge and agree upon approval of the Economic Development Ad Valorem Tax Abatement Ordinance by the Brevard County Board of County Commissioners that CH S! will provide the Brevard Workforce its job openings to be posted on www.employflorida.com and agrees to consider for employment candidates referred by Brevard Workforce. DATE:September 9,2016 J, SIGNED: a b . VbL ,ec, (Preparer) SIGNED: c-- _ (Applicant) (Preparer's Address) TITLE:Chief inancialOfficer (Preparer's Telephone Number) ECONOMIC DEVELOPMENT COMMISSION (EDC)USE ONLY EDC Economic Impact Analysis: EDC's Recommendation: The Economic Development Commission of Florida's Space Coast hereby certifies that it has proof, to the satisfaction of the EDC, that the applicant meets the criteria of a new business or for an expansion of an existing business as defined in Section 184, Chapter 102, Brevard County Code. Furthermore, the EDC has conducted an economic impact analysis, applying acceptable multipliers as defined by the State Department of Commerce, which concludes that the applicant does hereby meet the economic benefit test; and, therefore, the EDC recommends to the Brevard County Commission that the applicant receive an ad valorem tax exemption for percent of its eligible taxes and for a period of years. DATE: SIGNED: (EDC President) COUNTY USE ONLY County Manager's Recommendation: DATE: SIGNED: (County Manager) 2 BREVARD COUNTY ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTION Chapter 196,Florida Statutes To be filed with the Board of County Commissioners, the governing board of the municipality, or both, no later than March 1 of the year the exemption is desired to take effect. 1. Business name:Comprehensive Health Services Inc.(CHS0 Mailing address:8810 Astronaut Blvd cape Canaveral,Fla.32920 2. Name of person in charge of business Gary Palmer Telephone No.: (321)783-2720 FAX No.: (321)783-1440 3. Location of business(legal description and street address)of property for which this report is filed: 8600 Astronaut Blvd,Cape Canaveral,FL:Part Of Govt Lots 3,4 IN SE 1/4 Lying Nely Of St Rd 401 As Des IN Orb 941 Pq 372 4. Date business opened at this facility TBD 5. a. Description of the improvements to real property for which this exemption is requested: $4 million renovation to existing facility. b. Date of commencement of construction of improvements:TBD 6. a. Description of the tangible personal property for which this exemption is requested and date when property was purchased: Taxpayer's Estimate of Taxpayer's APPRAISER'S Date Condition Estimate of USE ONLY of Original Fair Market Class or Item Age Purchase Cost Value Office Equipment TBD $500,000 N $500,000 estimate e W b. Average value of inventory on hand: Less than $100,000 of medical supplies and medical equipment. Note excludes medical equipment purchased for US Government clients and held by the Company as government property. C. Any additional personal property not listed above for which an exemption is claimed must be returned on form DR-405 (Tangible Personal Property Tax Return)and a copy attached to this form. 7. Do you desire exemption as a"New Business"[ ]or as an"Expansion of an Existing Business"[X ] 3 8. Describe the type or nature of your business:_Medical Management services. 9. Trade level(check as many as apply): Wholesale[ ] Manufacturing[ ] Professional [ X ] Service[X ] Office[ ] Other [ ] 10. a. Number of full time employees employed in Florida:250 (DR 418) b. If an expansion of an existing business: (1) Net increase in employment 150 or 50% % (2) Increase in productive output resulting from this expansion not applicable % 11. Sales factor for the facility requesting exemption: Total sales in Florida from this facility-one(1)location only_$35 Million(CY 2016 estimate) divided by Total sales everywhere from this facility-one(1)location only$180 million CY2016 estimate)_=19.4% 12. For office space owned and used by a corporation newly domiciled in Florida:Not yet incorporated a. Date of incorporation in Florida b. Number of full-time employees at this location 13. If requesting an exemption due to location in a slum or blighted area,please furnish such additional information as required by the County Commission,City Commission,or Property Appraiser. I hereby request the adoption of an ordinance granting an exemption from ad valorem taxation on the above property pursuant to Section 196.1995, Florida Statutes. I agree to furnish such other reasonable information as the Board of County Commissioners, the governing authority of the municipality, or the Property Appraiser may request in regard to the exemption requested herein. I hereby certify that the information and valuation stated above by me is true, correct,and complete to the best of my knowledge and belief. (If prepared by someone other than the taxpayer,his declaration is based on all information of which he has any knowledge.) DATE: S� eM � DOISigned: (� (Preparer) SIGNED: C ' ,,yy(Taxpayer) (Preparer's Address) TITLE: CF V (Preparer's Telephone Number) PROPERTY APPRAISER'S USE ONLY 1. Total revenue available to the County or municipality for the current fiscal year from ad valorem tax sources: ll. Revenue lost to the County or municipality for the current fiscal year by virtue of exemptions previously granted under this secttion: Ill. Estimate of the revenue which will be lost to the County during the current fiscal year if the exemption applied for were granted had the property for which the exemption is requested otherwise been subject to taxation: IV. Estimate of the taxable value lost to the County or municipality if the exemption applied for were granted: Improvements to real property Personal Property V. I have determined that the property listed above meets the definition,as defined by Section 196.012(15)or(16), Florida Statutes,as a New Business[ ],an Expansion of an Existing Business[ ],or Neither[ ]. VI. Last year for which exemption may be applied: DATE: SIGNED: (Property Appraiser) RETURN TO BE FILED NOT LATER THAN MARCH 1 4