www.mymanatee.org
Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 21, 2013
REVISED May 21, 2013 - Regular Meeting
Agenda Item #26


Subject
EDI/TIFI Revision - Project HAMMER - Resolution R-13-087

Briefings
None

Contact and/or Presenter Information

Karen Stewart, Economic Development Division Manager

Ext. 6832



Action Requested
Adoption of Resolution R-13-087, rescinding Resolution R-11-080,  approving Project HAMMER for an Economic Development Incentive Grant and a Transportation Impact Fee Refund, and revising the payout schedule.

Enabling/Regulating Authority

F.S. 288.106 Tax refund program for qualified target industry businesses

Manatee County Economic Development Incentive Program



Background Discussion
  • 3/15/11 the Board adopted Resolution R-11-080 approving Project HAMMER for an Economic Development Incentive Grant and a Transportation Impact Fee Refund.
  • Project HAMMER has located a new manufacturing company in Manatee County and has requested revisions to the payout schedule.
  • Resolution R-13-087 rescinds R-11-080, approves Project HAMMER for the Economic Development Incentive Grant and a Transportation Impact Fee Refund, and revises the payout schedule.


County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other


Reviewing Attorney
N/A

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

Cost and Funds Source Account Number and Name
$43,454 EDI 1070015806

Amount and Frequency of Recurring Costs
Over a 5 year period.


Attachment:  R11-080.pdf
Attachment:  Hammer-R13087.pdf