HomeMy WebLinkAboutResolution No. 2013-04RESOLUTION NO. 2013 -04
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAPE
CANAVERAL, BREVARD COUNTY, FLORIDA, AMENDING
RESOLUTION NO. 2012 -27, WHICH COMMITTED LOCAL
FINANCIAL SUPPORT TO THE QUALIFIED TARGETED
INDUSTRY TAX REFUND PROGRAM PURSUANT TO SECTION
288.106, FLORIDA STATUTES, FOR L -3 IEC, AS A TARGET
INDUSTRY BUSINESS; PROVIDING FOR REPEAL OF PRIOR,
INCONSISTENT RESOLUTIONS, SEVERABILITY, AND AN
EFFECTIVE DATE.
WHEREAS, economic development and the creation and retention of value added jobs
are priorities of the City Council of the City of Cape Canaveral; and
WHEREAS, on October 16, 2012, the Cape Canaveral City Council adopted Resolution
No. 2012 -27, which committed Six Thousand Dollars ($6,000.00) as local financial support to
the Qualified Targeted Industry ( "QTI ") Tax Refund Program for L -3 IEC, as a Targeted
Industry Business, to be eligible for the QTI refund; and
WHEREAS, on November 5, 2012, L -3 IEC's QTI project was approved by the Florida
Department of Economic Opportunity ( "DEO ") and L -3 IEC entered into an agreement with the
DEO's Division of Strategic Business Development specifying requirements that must be met
before a QTI refund may be made; and
WHEREAS, said agreement set forth a revised schedule for the City's payment of its
local financial contribution approved in Resolution No. 2012 -27; and
WHEREAS, the City of Cape Canaveral desires to amend Resolution 2012 -27 to revise
its payment schedule as set forth herein consistent with L -3 IEC's agreement; and
WHEREAS, the City Council finds this Resolution to be in the best interest of the public
health, safety, and welfare of the citizens of Cape Canaveral.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COUNCIL OF
THE CITY OF CAPE CANAVERAL, BREVARD 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. Amendment to City's Payment Schedule. The City's payment of its local
financial support authorized by Resolution No. 2012 -27 in the amount of Six Thousand Dollars
($6,000.00) shall be paid pursuant to the revised schedule set forth below. The payment
schedule set forth in Section 3 of Resolution No. 2012 -27 shall be deleted and replaced in its
entirety by the following revised payment schedule:
City of Cape Canaveral
Resolution No. 2013 -04
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FY 2014 -2015
$1,000
FY 2015 -2016
$1,500
FY 2016 -2017
$1,500
FY 2017 -2018
$1,500
FY 2018 -2019
$500
Section 3. Remaining Provisions of Resolution 2012 -27. Any provision of Resolution No.
2012 -27 not expressly modified by this Resolution shall remain unchanged and in full force and
effect.
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.
ADOPTED at.,4 Regular Meeting of the City Council of the City of Cape Canaveral,
Florida, assejr, b*d''tfiitg)h,day of February, 2013.
r, - 3!: Rocky Randels, Mayor
Angela Appersod, City Clerk
Approved as to legal form and sufficiency
For the y of Cape Canaveral only by:
Anthony A. Garganese, City Attorney
Name FOR AGAINST
Bob Hoog Motion
Buzz Petsos X
Rocky Randels X
John Bond Second
Betty Walsh X
City of Cape Canaveral
Resolution No. 2013 -04
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