Manatee County Government Administrative Center Commission Chambers, First Floor 9:00 a.m. - June 3, 2014
REVISED June 3, 2014 - Regular Meeting
Agenda Item #40

Manatee County Ordinance 14-31 Economic Development Ad Valorem Tax Exemption


Contact and/or Presenter Information

Cheri R. Coryea, Director, Neighborhood Services Department

Action Requested
  • Adoption of Manatee County Ordinance 14-31, amending Chapter 2-29 of the Manatee County Code of Ordinances, to authorize the granting of economic development Ad Valorem tax exemptions to new businesses and expansions of existing businesses; and
  • Adoption of Resolution R-14-084 establishing EDATE policy guidelines and application process.

Enabling/Regulating Authority
Florida Statute 163

Background Discussion

June 18, 2013, the voters of Manatee County approved the establishment of an Economic Development Ad Valorem Tax Exemption (EDATE).

On May 13, 2014, a Work Session was held with the Board to discuss economic development ad valorem tax exemptions to new businesses and for expansion of existing businesses per applicable law.

A public hearing is requested at this time to consider adoption of Ordinance 14-031 which would provide an additional incentive in the Economic Development toolbox by providing economic development ad valorem tax exemption (EDATE) to qualified new businesses wishing to relocate to Manatee County and to qualified existing businesses wishing to expand in Manatee County to foster economic growth and increase employment.

A Resolution to establish EDATE policy guidelines and application process has also been prepared for approval.

County Attorney Review
Other (Requires explanation in field below)

Explanation of Other
Bill Clague has been involved in the drafting/review of this Ordinance.

Reviewing Attorney

Instructions to Board Records
Certified Copy of executed Ordinance and Resolution to Cheri R. Coryea, Director, Neighborhood Services Department

Cost and Funds Source Account Number and Name

Amount and Frequency of Recurring Costs

Attachment:  Econ Dev Ad Valorem Tax Exemption Ordinance Legal Notice.pdf
Attachment:  EDTE ORDINANCE NO 14 031.pdf
Attachment:  EDTE Resolution R 14 084.pdf
Attachment:  Resolution Exhibit A EDTA policy Guide.pdf
Attachment:  Resolution Exhibit B Economic Development Application.pdf
Attachment:  Resolution Exhibit C EDTE Property Appraiser Form.pdf
Attachment:  Resolution Exhibit D EDTE Business Ordinance.pdf
Attachment:  Resolution Exhibit E EDTE Performance Agreement.pdf
Attachment:  Resolution Exhibit F EDTE Annual Report.pdf