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

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


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

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