www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 3, 2014
REVISED June 3, 2014 - Regular Meeting
Agenda Item #24


Subject
EDI Grant Revision - Project CAMELLIA - Resolution R-14-080

Briefings
None

Contact and/or Presenter Information
Karen Stewart
Economic Development Program Manager
Ext. 3029


Action Requested
Adoption of Resolution R-14-080 rescinding Resolution R-13-028 and finding the Project Camellia be approved for and Economic Development Incentive Grant for a five-year period.


Enabling/Regulating Authority
F.S. 288.106 Tax Refund Program for Qualified Target Industry businesses
Manatee County Government Incentive Program


Background Discussion
On January 29, 2013 the Board adopted Resolution 13-028 approving Project Camellia for an Economic Development Incentive Grant.

Subsequently, C Products Defense, Inc. located a manufacturing business in Manatee County and is an employer that pays above average salaries and benefits.

Resolution R-14-080 rescinds Resolution R-13-028, approves C Products Defense, Inc. (Project Camellia) for an Economic Development Incentive and revises the job creation and payout schedule.


County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

Instructions to Board Records
Original for Board Records; copy of approved agenda memorandum and executed Resolution to Karen Stewart, Neighborhood Services Department (karen.stewart@mymanatee.org).


Cost and Funds Source Account Number and Name
1070015806 EDI $50,000

Amount and Frequency of Recurring Costs
$50,000 over a five year period


Attachment:  Camellia Revision-R14080.pdf