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HomeMy WebLinkAbout2011-013 Tax Abatement Referendum RESOLUTION NO. 2011-013 A RESOLUTION OF THE CITY OF OCOEE, FLORIDA, CALLING A REFERENDUM ON AN ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTION TO BE PLACED ON THE 2012 PRESIDENTIAL PREFERENCE PRIMARY ELECTION BALLOT; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE. WHEREAS, Section 196.1995, Florida Statutes authorizes municipalities to grant certain economic development tax exemptions under Section 3, Article VII of the Florida Constitution if the governing authority of the municipality votes to hold a referendum within its total jurisdiction to determine whether it may grant such economic development ad valorem tax exemptions; and WHEREAS, the City Commission of the City of Ocoee, Florida (the "City Commission ") desires to create incentives for new businesses to locate in the corporate limits of the City of Ocoee and to facilitate the expansion of existing businesses in the City of Ocoee; and WHEREAS, the City Commission desires to call a referendum pursuant to Section 196.1995, Florida Statutes (2010), as amended by Chapter 2011 -182, Laws of Florida, in order to determine whether it should be granted the authority to exempt, for a period of time of up to ten years, by ordinance up to 100% of the assessed value of all improvements to real property and of all tangible personal property made by or for the use of a new business or up to 100% of the assessed value of all added improvements to real property made to facilitate the expansion of an existing business and the net increase in all tangible personal property acquired to facilitate such expansion of an existing business. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF OCOEE, FLORIDA, AS FOLLOWS: Section 1. Authority. The City Commission of the City of Ocoee has the authority to adopt this Resolution pursuant to Article VIII of the Constitution of the State of Florida, Chapter 166, Florida Statutes., and Section 196.1995, Florida Statutes. Section 2. Referendum Called. That a referendum is hereby called pursuant to Section 196.1995, Florida Statutes, and the Orange County Supervisor of Elections is hereby directed to 4816- 2640 - 0013.1 present the proposed economic development tax exemption to the City of Ocoee electorate and place the below - described ballot question on the Ballot of the 2012 Presidential Preference Primary Election. The City Commission further authorizes the cost of such referendum as well as the cost of communicating factual information regarding the exemption to the public, to the extent permitted by Section 106.113, Florida Statutes, to be paid from the general funds of the City and directs the City Manager and Director of Finance to prepare and effect such budget transfers as may be necessary for that purpose. Section 3. Ballot Title and Question. The substance of the title and measure on the ballot shall read as follows: Title: AUTHORITY TO GRANT LIMITED PROPERTY TAX EXEMPTIONS FOR QUALIFIED BUSINESSES THAT CREATE NEW JOBS. Question: Shall the City Commission of the City of Ocoee be authorized to grant, pursuant to Section 3, Article VII of the State Constitution, property tax exemptions for new businesses and expansions of existing businesses that are expected to create new, full -time jobs in the City of Ocoee? Yes - For authority to grant exemptions No - Against authority to grant Exemptions The ballot question shall also appear on the ballot in Spanish, and the city manager, the city attorney, and the supervisor of elections are requested, authorized and directed to prepare or obtain an accurate and appropriate Spanish translation of the above and to include it on the ballots distributed to city voters. Section 4. Severability. If any section, subsection, sentence, clause, phrase or portion of this Resolution is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. 2 4816 - 2640 - 0013.1 Section S. Effective Date. This Resolution shall become effective immediately upon passage and adoption. PASSED AND ADOPTED this iS day of November, 2011. APPROVED: ATTEST: CITY OF OCOEE, FLORIDA =BOA ' � l !.. I - /L bc„,24- 4 : +'nberry, _ C it y Clerk S. colt Vandergrift, Mayor (SEAL) APPROVED BY THE OCOEE CITY COMMISSION ON THE ABOVE DATE UNDER AGENDA ITEM NO. t5 FOR USE AND RELIANCE ONLY BY THE CITY OF OCOEE, FLORIDA; APPROVED AS TO FORM AND LEGALITY this 1..c , day of November 2011. FOLEY LARDNER LLP By: 4A,,k e 4-4,/ City Attorney 3 4816- 2640 - 0013.1