Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - May 7, 2013
May 7, 2013 - Regular Meeting
Agenda Item #20

EDI Grant Revision - Project ROSE - Resolution R-13-082


Contact and/or Presenter Information

Karen Stewart, Manager

Economic Development Division

Ext. 6832

Action Requested
Adoption of Resolution R-13-082 rescinding Resolution R-11-194 and finding that Project ROSE be approved for an 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 September 6, 2011, the Board adopted Resolution R-11-194 approving Project ROSE for an Economic Development Incentives Grant.
  • Project ROSE expanded a bio-technology business in Manatee County and is an employer that pays above average salaries and benefits.
  • Project ROSE has qualified and been paid for a portion of these incentives for 4 jobs created in 2011 in the amount of $8,000.
  • Resolution R-13-082 rescinds Resolution R-11-194, approves Project ROSE for the Economic Development Incentives grant, and revises the job creation payout schedule.

County Attorney Review
Not Reviewed (No apparent legal issues)

Explanation of Other

Reviewing Attorney

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

Cost and Funds Source Account Number and Name
$52,000 EDI 10700015806

Amount and Frequency of Recurring Costs
Over a 5 year period

Attachment:  R11-194.pdf
Attachment:  R13 082.pdf