|Manatee County Government Administrative Center Fourth Floor, Manatee Room 1:30 p.m. - March 3, 2015|
Agenda Item #1
Manatee County Economic Development 2014 Update
Contact and/or Presenter Information
Cheri Coryea, Director, Neighborhood Services Department, ext.3468
Karen Stewart, Economic Development Division Manager, ext. 6832
Work Session. No action required.
2009 Board approved Economic Development Incentive Program
In 2009, the Board created an Economic Development Incentive (EDI) Program to promote a "Jobs Now" approach in Manatee County.
Through the Program, the County offers financial incentives to companies that relocate or expand their business in eligible industry categories, create five (5) or more quality jobs at or above the average annual County wage, and/or make a unique capital investment.
Over 60 companies have been awarded incentives through the Program.
To date 1,224 quality jobs have been created since the program began.
County Attorney Review
Not Reviewed (No apparent legal issues)
Explanation of Other
Instructions to Board Records
Cost and Funds Source Account Number and Name
Determined annually based on eligible incentive awards
Amount and Frequency of Recurring Costs
Paid annually based on agreement terms and eligible activities
Attachment: 12 31 14 Economic Development ROI.pdf
Attachment: Economic Development Update-12 31 14.pdf
Attachment: Jobs By Industry Chart 12-31-2014.pdf
Attachment: Follow Up Memo - Economic Development.pdf