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HomeMy WebLinkAboutResolution No. 2012-01 No Action Taken - Resolution never went to Council for consideration. RESOLUTION NO. 2012-01 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAPE CANAVERAL, BREVARD COUNTY, FLORIDA, RECOMMENDING STARK ARMOR, INC. BE APPROVED AS A QUALIFIED TARGET INDUSTRY BUSINESS PURSUANT TO SECTION 288.106, FLORIDA STATUTES; PROVIDING FOR LOCAL FINANCIAL SUPPORT IN THE FORM OF AD VALOREM TAX ABATEMENT;PROVIDING FOR REPEAL OF PRIOR INCONSISTENT RESOLUTIONS, SEVERABILITY,AND AN EFFECTIVE DATE. WHEREAS,the City is granted the authority,under Section 2(b),Article VIII of the State Constitution, to exercise any power for municipal purposes, except when expressly prohibited by law; and WHEREAS, the business under consideration, Stark Armor, Inc. is in the business of manufacturing bullet-proof body armor; and WHEREAS, Stark Armor, Inc. intends to create 300 manufacturing jobs,with an average annual wage of$46,638.00; and WHEREAS, Stark Armor, Inc. has been identified as a Target Industry Business; and WHEREAS,the City of Cape Canaveral hereby acknowledges that local financial support of Twenty Percent(20%)of the total tax refund is required under the provisions of section 288.106, Florida Statutes, which governs the State of Florida's Qualified Target Industry Tax Refund Program; and WHEREAS,the City Council finds this Resolution to be 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 THE CITY OF CAPE CANAVERAL,BREYARD COUNTY,FLORIDA,AS FOLLOWS: Section 1. Recitals. The foregoing recitals are deemed true and correct and are incorporated herein by this reference as part of this Resolution. Section 2. Recommendation for Stark Armor, Inc. as Qualified Target Industry Business. The City Council of the City of Cape Canaveral hereby recommends that Stark Armor, Inc. be approved as a Qualified Target Industry Business pursuant to section 288.106, Florida Statutes. City of Cape Canaveral Resolution No.2012-01 Page 1 of 2 Section 3. Local Financial Support. The City of Cape Canaveral is providing the local financial support necessary for the Qualified Target Industry Tax Refund Program in the form of ad valorem tax abatement granted to Stark Armor,Inc.pursuant to section 196.1995,Florida Statutes. Section 4. Repeal of Prior Inconsistent Resolutions. All prior inconsistent resolutions adopted by the City Council are hereby expressly repealed to the extent of the conflict. Section 5. Severability. If any section, clause,phrase, word, or provision is for any reason held invalid or unconstitutional by a court of competent jurisdiction,whether for substantive or procedural reasons,such portion shall be deemed a separate,distinct,and independent provision, and such holding shall not affect the validity of the remaining portions of this resolution. Section 6. Effective Date. This resolution shall become effective immediately upon adoption. RESOLVED by the City Council of the City of Cape Canaveral, Florida, in a regular meeting assembled on this day of ,2012. Rocky Randels,Mayor ATTEST: For Against John Bond ANGELA APPERSON,City Clerk Bob Hoog Buzz Petsos Rocky Randels Betty Walsh Approved as to legal form and sufficiency for the City of Cape Canaveral only by: Anthony A. Garganese, City Attorney City of Cape Canaveral Resolution No.2012-01 Page 2 of 2