|Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - December 16, 2014|
Agenda Item #31
Economic Development Incentive Resolution (R-14-169) Project Epsilon
Contact and/or Presenter Information
Economic Development Program Manager
Authorization to rescind Resolution R-14-077 and to adopt Resolution R-14-169 to provide correction to the amount of incentive and finding that "Project Epsilon" be approved for an economic development incentive grant.
F.S. 288.106 Tax refund program for qualified target industry businesses.
Manatee County Government Incentive Program
On April 21, 2009, the Manatee County Board of County Commissioners adopted the Manatee County Economic Development Incentive Program which provides for Economic Development Incentive (EDI) Grants.
This agenda item is correcting an error in the previously approved incentive. No changes to the budgeted amount are being requested. The correct amount is $700,000; the incorrect amount is $350,000.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Original Resolution for Board Records, copy of executed resolution and approved agenda to Karen Stewart, Neighborhood Services Department (firstname.lastname@example.org)
Cost and Funds Source Account Number and Name
1070015806 EDI $700,000
Amount and Frequency of Recurring Costs
$700,000 over a five year period