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Agenda 01/10/2012 Item #16A 91/10/2012 Item 16.A.9. EXECUTIVE SUMMARY Recommendation to consider approving a request for a one -year extension of the required time frame for job creation for ValueCentric, LLC, an approved participant in the Job Creation Investment Program and the Advanced Broadband Infrastructure Investment Program, due to unforeseen delays experienced by a key customer and challenges in identifying qualified software development candidates. OBJECTIVE: Recommendation that the Board of County Commissioners (Board) consider approving a request for a one -year extension of the required time frame for job creation for ValueCentric, LLC, an approved participant in the Job Creation Investment Program (Job Creation) and the Advanced Broadband Infrastructure Investment Program (Broadband), due to unforeseen delays in the Food and Drug Administration (FDA) approval process that were experienced by a key customer and challenges in identifying qualified software development candidates. CONSIDERATIONS: On October 26, 2010, the Board approved the application for ValueCentric, LLC to be accepted into the Job Creation Investment Program and the Broadband Infrastructure Investment Program for the creation of a regional headquarters office in Collier County. The application included a request by the Economic Development Council of Collier County (EDC) to provide a waiver of the minimum job creation requirement for a business locating in western Collier County (creation of 20 full -time jobs). As listed in the approved application, the company initially proposed to create 15 jobs in Collier County over a three -year period at an average wage of $62,000. The first job creation target of September 30, 2011 required the creation of 6 new jobs. The second target scheduled for September 30, 2012 requires the creation of 5 new jobs, with the remaining 4 by September 30, 2013. ValueCentric, LLC, whose corporate headquarters are currently located in Orchard Park, New York, is the leading provider of on demand data management and performance analytics to the pharmaceutical industry. The company is establishing a presence in Florida with future consideration to relocate the corporate headquarters to Collier County. The company has opened an office in Collier County, which currently employs two, full - time; however, as indicated in the attached correspondence, ValueCentric, LLC will not meet the first year target of six new jobs. This is due, in part, to unforeseen FDA approval delays experienced by a key client and difficulty identifying and hiring qualified software development professionals to support their efforts to date. ValueCentric, LLC is requesting a one -year extension of their job creation requirements in order to maintain their eligibility for the Job Creation and Broadband Programs. Extensions have been granted to incentive program participants in the past based on construction and financing delays, hiring issues, etc. FISCAL IMPACT: The company is eligible for Job Creation funds in the amount of $2,000 per job for each new job created and filled by a Collier County resident or an employee relocating to Collier County. This residency requirement was an added stipulation approved by Packet Page -831- 1/10/2012 Item 16.A.9. the Board. Further, the company is approved to participate in Broadband with the maximum eligible amount of Broadband Infrastructure Investment Program funds available to the company reduced from $25,000 to $18,750 based on the creation of 15 jobs instead of the 20 otherwise required by the Program. ($25,000/20 = $1,250 per job; $1,250 per job x 15 jobs = $18,750). In the event that the company creates 20 jobs within the time period specified for job creation they would then be eligible for the remaining $6,250 in Broadband incentive funds. The adopted Fiscal Year 2012 Economic Development budget (Fund 001) includes funding for the first year incentive payments for Value Centric, LLC in the amount of $10,250; to date, no incentive funds have been paid to ValueCentric, LLC. If the Board approves the extension request, the incentive payments would be re- scheduled to occur in Fiscal Year 2013, 2014 and 2015, subject to the availability of funding and Board appropriation. Additionally, the local Economic Incentive Programs are performance based. The participating companies must meet specific requirements including jobs created, wage criteria, etc., in order to maintain eligibility to receive funds. GROWTH MANAGEMENT IMPACT: The economic incentive programs are consistent with Objective 3 of the Economic Element of the Collier County Growth Management Plan which states: "Collier County will support programs which are designed to promote and encourage the recruitment of new industry as well as the expansion and retention of existing industries in order to diversify the County's economic base." LEGAL CONSIDERATIONS: This request is completely at Board discretion. The Board is free to grant the request, reject the request, or modify the recommended action. This item is legally sufficient and requires a majority vote for Board action. - JW RECOMMENDATION: That the Board of County Commissioners approves the request for a one -year extension of the required time frame for job creation for ValueCentric, LLC, an approved participant in the Job Creation Investment Program and the Advanced Broadband Infrastructure Investment Program, due to unforeseen delays in the Food and Drug Administration (FDA) approval process that were experienced by a key customer and challenges in identifying qualified software development candidates. Prepared by: Beth Sterchi, Project Manager Growth Management Division — Planning and Regulation Amy Patterson, Impact Fee and Economic Development Manager Growth Management Division — Planning and Regulation Attachments: 1) Request for Extension; 2) Application Package —October 26, 2010 Packet Page -832- COLLIER COUNTY Board of County Commissioners Item Number: 16.A.9. 1/10/2012 Item 16.A.9. Item Summary: Recommendation to consider approving a request for a one -year extension of the required time frame for job creation for ValueCentric, LLC, an approved participant in the Job Creation Investment Program and the Advanced Broadband Infrastructure Investment Program, due to unforeseen delays experienced by a key customer and challenges in identifying qualified software development candidates. Meeting Date: 1/10/2012 Prepared By Name: PattersonAmy Title: Manager - Impact Fees & EDC,Business Management & 12/15/2011 2:34:02 PM Approved By Name: PuigJudy Title: Operations Analyst, CDES Date: 12/20/20114:02:56 PM Name: MarcellaJeanne Title: Executive Secretary,Transportation Planning Date: 12/27/20119:11:08 AM Name: WrightJeff Title: Assistant County Attorney,County Attorney Date: 12/28/20119:03:19 AM Name: FederNorman Title: Administrator - Growth Management Div,Transportati Date: 12/28/2011 10:02:09 AM Name: KlatzkowJeff Title: County Attorney, Date: 1/3/2012 11:43:15 AM Name: FinnEd Packet Page -833- Date: 1/3/2012 12:44:29 PM 1/10/2012 Item 16.A.9. Name: IsacksonMark Title: Director -Corp Financial and Mgmt Svs,CMO Date: 1/3/2012 2:10:36 PM Packet Page -834- 1/10/2012 Item 16.A.9. valuecentn"c Essential Innovation September 29, 2011 Scott C. Terhaar ValueCentric. LLC 23 Cobham Drive Orchard Park, NY 14127 Amy Patterson Impact Fee and Economic Development Manager Collier County Growth Management Division 2800 North Horseshoe Drive Naples, FL 34104 Dear Amy: The purpose of this letter is to request from the Collier County Board of County Commissioners an extension for ValueCentric, LLC regarding our commitment under the Job Creation Investment Program. We began operating our offices located at 3530 Kraft Road, Suite 202, Naples, FL 34105on January 1, 2011. The primary focus of the operations in FL is to provide data collection, processing and analytics support for pharmaceutical manufacturers engaged in Risk Evaluation and Mitigation Strategies (REMS). We currently have two full -time employees in the office, which does not meet the first year requirement of six. Due to delays in getting FDA approval of nearly six months for the key customer's program it has delayed our ability to execute our initiatives. We also have experienced challenges in identifying qualified software development candidates to support our efforts to date. In addition to the REMS initiative, there are other opportunities that we are evaluating for consideration in our Florida office. As a result, we are requesting to move the entire schedule out one year. We are committed to growing in Florida and appreciate your support. Respectfully submitted, Scott C. Terhaar Chief Financial Officer Packet Page -835- 1/10/2012 Item 16.A.9. v - VPage 1 of 29 EXECUTIVE SUMMARY Recommendation to approve the request by the Economic Development Council of Collier County to provide a waiver of the minimum job creation requirement for a business locating in western Collier County (creation of 20 full-time jobs) in order to allow ValueCentric, LLC to be accepted into the Job Creation Investment Program and the Broadband Infrastructure Investment Program for the creation of a regional headquarters office in Collier County (Fiscal Impact: $48,750) OBJECTIVE: That the Board of County Commissioners (Board) approves the request by the Economic Development Council of Collier County (EDC) to provide a waiver of the minimum job creation requirement for a business locating in western Collier County (creation of 20 full time jobs) in order to allow ValueCentric, LLC to be accepted into the Job Creation Investment Program and the Broadband Infrastructure Investment Program for the creation of a regional headquarters office in Collier County. CONSIDERATIONS: The Economic Incentive Programs, established by Collier County, are intended to: (1) Provide performance -based programs offering financial relief for eligible targeted industry development or expansion projects in Collier County to mitigate the effects of rising development costs; (2) Provide for the economic well being of Collier County residents by providing high - wage employment opportunities in Collier County; (3) Lessen the seasonal cycle of Collier County's economy; and (4) Encourage investment opportunities for new or existing companies thus increasing and diversifying the county's tax base. Collier County, in cooperation with the EDC, currently offers six local incentive programs. These programs are Fee Payment Assistance, Property Tax Stimulus, Job Creation Investment, Advanced Broadband Infrastructure Investment, Job Retention Investment and the Fast Track Regulatory Process Program. In order to qualify to participate in the programs a new or expanding business must meet specified criteria related to the type of industry proposed, number of jobs created and the average wage of the new jobs. Each of the individual programs were adopted by the Board and are codified in Chapter 49 of the Collier County Code of Laws and Ordinances. The current Fast Track Regulatory Process Program was adopted by the Board on January 24, 2006, via Resolution No. 2006 -12. On October 4, 2010, the Economic Development Council submitted a request, along with the completed Incentive Program Application, to allow ValueCentric, LLC to participate in the Job Creation Investment and Broadband Infrastructure Investment Programs. As described in the information submitted by the EDC, ValueCentric, LLC, currently located in Orchard Park, New York is the leading provider of on demand data management and performance analytics to the pharmaceutical industry. The company is seeking to establish a presence in Florida with future consideration to relocate the corporate headquarters to Collier County. The current corporate headquarters in Orchard Park, New York currently employs 60 people. By way of this application, the company initially proposes to create 15 jobs in Collier County over a three -year period at an average Packet Page -836- 1/10/2012 Item 16.A.9. _Page 2 of 29 wage of $62,000. The company will be leasing space in an existing building to accommodate this business expansion. Based on the business locating in western Collier County, the following are the criteria to participate in the Job Creation Investment and Broadband Infrastructure Investment Program: • Create new or expanded businesses that are "Targeted Industries" • Create a minimum of 20 new full -time jobs • The newly created jobs must pay an average wage of at least 150% of the current private sector average wage ($58,928) ValueCentric, LLC meets the targeted industry and average wage requirements for the Job Creation Investment and Broadband Infrastructure Investment Programs. However, the company does not meet the minimum threshold for the creation of 20 new full -time jobs, as they are proposing to create 15 jobs. Therefore, in order to participate in the requested Programs, a waiver of the job creation requirement for western Collier County (20 new full -time jobs) is needed. Because this company requires a waiver from Program requirements in order to participate, County staff, the County Attorney, the EDC, and company representatives have developed the following additional criteria designed to provide assurances that the assistance provided to the company will provide direct benefits to Collier County. • The company proposes to create 15 new jobs. Job creation funds in the amount of $2,000 will be provided for each new job created and filled by a Collier County resident or an employee relocating to Collier County. The incentive will be paid over three years and the residency will be verified each year. • The maximum eligible amount of Broadband Infrastructure Investment Program funds available to the company will be reduced from $25,000 to $18,750 based on the creation of 15 jobs instead of the 20 otherwise required by the Program. ($25,000/20 = $1,250 per job; $1,250 per job x 15 jobs = $18,750). In the event that the company creates 20 jobs within the time period specified for job creation they would then be eligible for the remaining $6,250 in Broadband incentive funds. Additionally, consistent with the direction provided by the Board on July 27, 2010, staff has been working, in coordination with the EDC, to develop options for changes to the Economic Incentive Programs, in order to provide an incentive package that will better serve the needs of businesses, particularly through this period of economic instability, for future Board consideration. These potential program changes will be helpful to companies, such as ValueCentric, LLC, that are considering relocating to Collier County and are proposing to create jobs that pay at or above the private- sector average wage. These changes will help to reduce the number of companies that require waivers in order to participate in the incentive programs. The local Economic Incentive Programs are performance based. The participating companies must meet specific requirements including jobs created, wage criteria, etc., in order to maintain eligibility to receive funds. Packet Page -837- 1/10/2012 Item 16.A.9. vPage 3 of 29 FISCAL IMPACT: ValueCentric, LLC is seeking financial incentives in the total amount of $48,750. The following is a breakdown of the amount per program and the estimated timing that incentive payments may occur. Job Creation Investment: The company is proposing to create 15 new jobs. As stated above, the company will require a waiver from the job creation requirements in order to participate in this program. In the event that the company is allowed to participate, the jobs will be created in three phases with a total of 15 jobs in place by September 30, 2013. Typically, once the minimum threshold for the number of jobs to be created is met (15), job creation payments in the amount of $2,000 per job will be paid over three years, beginning in the fiscal year following the date the newly created jobs are verified to be in place. This approach has been used to help ensure that companies meet at least the minimum threshold of job creation required to participate in the program. As part of this request package, the schedule of proposed payments corresponds directly to the job creation as it occurs in phases. The following is a schedule, by fiscal year, displaying when the Job Creation payments would occur (assuming that all jobs are created and validated) in accordance with this request: Fiscal Year Potential Amount of Job Basis of Payment Creation Payment FY 2012 $4,000 First Payment Phase I — 6 jobs FY 2013 $7,333 Second Payment Phase I — 6 jobs First Payment Phase II — 5 jobs FY 2014 $10,000 Third Payment Phase I — 6 jobs Second Payment Phase II — 5 jobs First Pa ment Phase III — 4 jobs FY 2015 $6,001 Third Payment Phase II — 5 jobs Second Payment Phase III — 4 jobs FY 2015 $2,666 Third Payment Phase III — 4 jobs Total $30,000 15 jobs Advanced Broadband Infrastructure Investment Program: As stated above, the applicant will need a waiver to participate in this program; therefore the maximum eligible incentive award will be $18,750. The incentive funds are paid in equal amounts over three years. Following the installation of the system, the participating company may request the first of the authorized incentive payments. The company must submit copies of the invoices detailing the cost of the installation along with the requests. Additionally, the participating company must pay their annual ad valorem property taxes to the County, in full, prior to a request for payment. Reimbursements of qualifying costs paid by the County through the program may never exceed the actual costs of the installation and /or required equipment. The funding for this program does not provide payments or reimbursements for service costs. In accordance with the company's request, payments are estimated to occur over the following fiscal years: FY 2012: $6,250 Packet Page -838- 1/10/2012 Item 16.A.9. v V -Page 4 of 29 FY 2013: $6,250 FY 2014: $6,250 The following chart provides the current commitments per fiscal year for approved applicants related to the local Economic Incentive Programs and the funding request from ValueCentric, LLC. Included on this chart is the incentive request by Animal Specialty Hospital of Florida, LLC which is also on the Board agenda for consideration. Fiscal Year 2011 2012 2013 2014 -2020 Commitments — $192,250 $110,007 $122,966 $ TBD applicants with approved /pending agreements Commitments- N/A — budget $59,753 $68,797 $276,245 applicants covers only approved but still executed require approved agreements and executed agreements ValueCentric, $0 $10,250 $13,583 $24,917 request Animal Specialty $0 $14,666 $16,667 $24,667 Hospital request TOTAL $192,250 $194,676 $222,013 $325,829 The dollar amounts under both of the "Commitments" rows above are subject to change after FY 2011 based on any new agreements that are executed between approved program applicants and Collier County. Therefore, after an agreement is executed the associated dollar amounts of the potential incentive awards would be removed from the "Commitments" row for "approved applicants that require approved and executed agreements" and added to the "Commitments" row for "applicants with approved agreements" for each applicable future fiscal year. Likewise, any future approvals for companies to participate in the local incentive programs would have the associated incentive dollar value added to the "Commitments" row for "approved applicants that require approved and executed agreements" until such time that the status changes. Funding for the local economic incentive programs is provided by the General Fund (001). As stated above, the current FY 2011 budget only provides funding for those applicants with executed agreements or agreements pending approval. All of the financial information related to the local incentive programs is reviewed annually as part of the budget preparation in order to accurately provide a recommended funding level for the programs. The Impact Fee Administration Section of the Growth Management Division, in coordination with the staff from the EDC, is responsible for job verification as well as monitoring program compliance. Packet Page -839- 1/10/2012 Item 16.A.9. Page 5 of 29 GROWTH MANAGEMENT IMPACT: This request is consistent with Objective 3 of the Economic Element of the Collier County Growth Management Plan which states: "Collier County will support programs which are designed to promote and encourage the recruitment of new industry as well as the AW expansion and retention of existing industries in order to diversify the County's economic base." LEGAL CONSIDERATIONS: By Ordinance No. 2009 -22 the Board of County Commissioners declared that a State of Local Economic Emergency exists within Collier County, finding, among other things, a significant loss of jobs within the County. The applicant is seeking to participate in the Broadband Infrastructure Investment Program, which in their proposed location authorizes an appropriation up to a maximum of $25,000 provided, among other things, that the applicant creates a "minimum of 20 new full -time employee positions." The applicant proposes to create an initial 15 new jobs, with the potential of many more should the move prove advantageous. It is the position of the County Attorney that given the declared state of local economic emergency, that on a case -by -case basis the Board may prorate the maximum award of $25,000 on a per - employee basis, especially where, as in this case, the application may lead to a larger relocation. Aside from this issue, the item is legally sufficient for Board action. -JAK RECOMMENDATION: That the Board of County Commissioners approves the request by the Economic Development Council of Collier County to provide a waiver of the minimum job creation requirement for a business locating in western Collier County (creation of 20 full time jobs) in order to allow ValueCentric, LLC to be accepted into the Job Creation Investment Program and the Broadband Infrastructure Investment Program for the creation of a regional headquarters office in Collier County, based on the overall economic benefits to be derived from the project and the company's commitment related to the employment of Collier County residents. Prepared by: Amy Patterson, Impact Fee and Economic Development Manager Growth Management Division — Planning and Regulation Attachments: 1) Incentive Application and 2) EDC Request Package Packet Page -840- 1/10/2012 Item 16.A.9. V vPage 6 of 29 COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Item Number: 16A10 Item Summary: Recommendation to approve the request by the Economic Development Council of Collier County to provide a waiver of the minimum job creation requirement for a business locating in western Collier County (creation of 20 full time jobs) in order to allow ValueCentric, LLC to be accepted into the Job Creation Investment Program and the Broadband Infrastructure Investment Program for the creation of a regional headquarters office in Collier County. (Fiscal Impact: $48,750) Meeting Date: 10/26/2010 9:00:00 AM Prepared By Amy Patterson Manager - impact Fees & EDC Date Community Development & Environmental Services Business Management & Budget Office 10/15/2010 10:11:23 AM Approved By Nick Casalanguida Director - Transportation Planning Date Transportation Division Transportation Planning 10/15/2010 10:35 AM Approved By Judy Puig Operations Analyst Date Community Development & Community Development & Environmental Services Environmental Services 10/1512010 11:17 AM Approved By Norm E. Feder, AICP Administrator - Transportation Date Transportation Division Transportation Administration 10/1512010 2:45 PM Approved By David Jackson Executive Director, CRA Date 10/1512010 3:07 PM Approved By Jeff Klatzkow County Attorney Date 10/18/2010 10:58 AM Approved By OMB Coordinator Date County Manager's Office Office of Management & Budget 10/18/201012:51 PM Approved By Therese Stanley Manager - Operations Support - Trans Date Office of Management & Budget Office of Management & Budget 10/19/2010 9:07 AM Approved By Leo E. Ochs, Jr. County Manager Date County Managers Office County Managers Office 10/19/2010 9:54 AM Packet Page -841- 1/10/2012 Item 16.A.9. ECONOMIC DEVELOPMENT COUNCIL OF COLLIER COUNTY f 29 3050 Horseshoe Drive North, Suite 120 • Naples, FL 34104 EW Phone (239) 263 -8989 • Fax (239) 263 -6021 www.eNapiesFlorida.com ECONOMIC DEVELOPMENT COUNCIL o f Collier Count}; Florida Growing Great Ideas ValueCentric, LLC BUSINESS RELOCATION Executive Summary for Economic Stimulus Program Application September 22, 2010 Background ValueCentric, LLC. Currently located in Orchard Park, NY is the leading provider of on- demand data management and performance analytics to the pharmaceutical industry. The company's flagship product, ValueTrak, is a Unified Data and Services Platform that enables all participants of the pharmaceutical supply chain to share, analyze and report critical supply chain data such as sales, inventory, orders, chargeback's, returns and prescription information. Over 200 pharmaceutical companies, including world -class enterprises such as AstraZeneca, Johnson & Johnson, Merck, Teva Pharmaceuticals and others utilize ValueTrak on a daily basis to track how products flow through distribution networks and out to patients. Proposed regional office in Naples will be providing data collection, processing and analytics support for pharmaceutical manufacturers engaged in Risk Evaluation and Mitigation Strategies (REMS). REMS are recently issued FDA mandated enforceable guidelines for monitoring high risk pharmaceutical products. The focus of the business unit will be tracking and reporting on these REMS products to the manufacturers and FDA. This will include customer support with regard to all aspects of the data services being provided by ValueCentric. Please note that ValueCentric has successfully developed the framework and negotiated the first REMS program under this mandate, which will be used as a model for other manufacturers who must adhere to this mandate. A separate location in Naples is desirable for this initiative due to the sensitive information that will be maintained and supported by this business unit. The new proposed location in Naples will employee at least 15 employees in the first 3 years, however may increase to 20 or more over this initial three year period, the scalability is dependent upon the FDA mandates and timing of adoption. The average wage of the new positions created in Naples will be $62,000. The establishment of this business unit in Collier County would be ValueCentric's initial step in seriously considering relocating other functions to Florida, in the future which could include the corporate headquarters which currently employs 60 people in New York. Packet Page -842- 1/10/2012 Item 16.A.9. ECONOMIC DEVELOPMENT COUNCIL OF COLLIER COUNTY f 29 3050 Horseshoe Drive North, Suite 120 • Naples, FL 34104 Phone (239) 263 -8989 •Fax (239) 263 -6021 www.eNaplesFIorida.com ECONOMIC DEVELOPMENT COUNCIL of Collier Count); Florida Growing Great Ideas ValueCentric has been in business for over 8 years and has a strong core business with a proven track record, including remarkable revenue growth, exceeding on average over 40% per year and an impressive stable customer base. Because their headquarters are located in New York, a variety of programs are available to them from the Empire State Development Corporation (ESDC) would like ValueCentric to establish this business unit within their headquarters and create these jobs in WNY. ESDC has two programs; the Excelsior Program and Economic Development Program (EDP) providing incentives in terms of grants and tax credits. Both programs offer incentives relating to job creation and capital investment, For the job component, the minimum job creation threshold for their industry is 10 net new jobs, with the incentive being $5,000 per job maximum. The value of the investment in tangible property is a tax credit of 2% of the cost basis for federal income tax purposes or a grant, which can be up to 40% of the investment. Please note that the current building in New York occupied by ValueCentric has approximately 7,000 square feet available for build -out expansion, which could be used for this business unit. ValueCentric would like to expand the new business unit in Naples, but their decision is contingent on the following: • Ability to quickly permit and lease a facility; • Financial incentives to defray the cost of upgrading new office technology required for their software development, hiring and training skilled employees; Economic Stimulus Program ValueCentric would like to participate in the Economic Stimulus Program (ESP) offered by Collier County as part of the Public /Private Partnership for Economic Development. The requirements to participate in the ESP, for projects in Western Collier County are as follows: • Create new or expanded businesses that are "Targeted Industry" 0 Provide 150% of more of the current private sector average wage • Create a minimum of 20 new full time jobs. ValueCentric is a Computer & Software Services company that services the Life Science industry (pharmaceutical companies) and as such is included in the list of Targeted Industries for Collier County. The new business unit average wage is $62,000 which is 157% of Collier County's average wage; they would create a minimum of 15 new full time jobs. However the requirement for Collier County is a minimum of 20 new jobs. Packet Page -843- ECONOMIC DEVELOPMENT COUNCIL OF COLLIER COUNTY 3050 Horseshoe Drive North, Suite 120 • Naples, FL 34104 Phone (239) 263 -8989 . Fax (239) 263 -6021 www.eNoplesFlorida.com 1/10/2012 Item 16.A.9. -f 29 ECONOMIC DEVELOPMENT COUNCIL of Collier Counq, Florida Growing Great Ideas The average wage for Collier County is $39,285. The average wage for the new jobs for ValueCentric is approximately $62,000 which is 157% of Collier County's average wage. As a result, the EDC requests that the Collier Board of County Commissioners (BOCC) grant a waiver to participate in the ESP program for the following reasons: • Computer & Software Services is a targeted industry, and has been identified by Collier County and the state of Florida as an industry that adds diversity and stability to our economy. • The unemployment rate in Collier County (13.2 %) exceeds the state average and the non - seasonally adjusted average of the nation. Although 15 new jobs will not impact the unemployment rate in a statistically significant way, it is an opportunity for 15 people to find high wage employment. • Providing these incentives will create 15 target industry jobs at 157% of the average wage. If the incentives are not approved there is a great chance that ValueCentric will not consider Collier County and stay in New York. • Providing these incentives will create an opportunity for $435,500. In capital investment in our community. • ValueCentric brings new money to Collier County by making 100% of their sales outside our area. Packet Page -844- Job Function Number of Average Wage Employees DataProcessing & Hosting 11 $70,000 (Data Analytics & Support) New Jobs Centralized Administrative 4 $40,000 Office Total New Jobs 1 15 $62,000 The average wage for Collier County is $39,285. The average wage for the new jobs for ValueCentric is approximately $62,000 which is 157% of Collier County's average wage. As a result, the EDC requests that the Collier Board of County Commissioners (BOCC) grant a waiver to participate in the ESP program for the following reasons: • Computer & Software Services is a targeted industry, and has been identified by Collier County and the state of Florida as an industry that adds diversity and stability to our economy. • The unemployment rate in Collier County (13.2 %) exceeds the state average and the non - seasonally adjusted average of the nation. Although 15 new jobs will not impact the unemployment rate in a statistically significant way, it is an opportunity for 15 people to find high wage employment. • Providing these incentives will create 15 target industry jobs at 157% of the average wage. If the incentives are not approved there is a great chance that ValueCentric will not consider Collier County and stay in New York. • Providing these incentives will create an opportunity for $435,500. In capital investment in our community. • ValueCentric brings new money to Collier County by making 100% of their sales outside our area. Packet Page -844- 1/10/2012 Item 16.A.9. ECONOMIC DEVELOPMENT COUNCIL OF COLLIER COUNTY �f 29 3050 Horseshoe Drive North, Suite 120 • Naples, FL 34104 Phone (239) 263 -8989 • Fax (239) 263 -6021 www.eNaplesFIorida.com ECONOMIC DEVELOPMENT COUNCIL of Collier County, Florida Growing Great Ideas • While ValueCentric will employ 15 people at the conclusion of this project, the indirect employment effect of ValueCentric relocation accounts for an estimated 13.6 additional jobs in our community. • The total earnings impact (direct and indirect) from the ValueCentric relocation project is $2,380,880. based on preliminary numbers. • Anecdotally, they have expressed a desire and a possibility of relocating their corporate office to Collier County sometime in the future. Assuming that ValueCentric is granted a waiver from the BCC, the ESP will provide opportunities to participate in the following programs: Job Creation Investment Program; Broadband Infrastructure Investment Program Incentive Description Amount Job Creation Investment Provides a performance based $30,000 Program program to mitigate the effects of rising fees associated with the costs of relocation and job creation. In Western Collier, without QTI, a cash incentive of $2,000 per job created will be awarded. Broadband Infrastructure Intended to promote the $25,000 Investment Program installation and extension of broadband infrastructure Qualifying companies buildings are designated "Smart Buildings" with advanced digital infrastructure in Collier County. The business will be able to deduct system costs, up to a maximum amount, from their property taxes until approved amount has been recovered. Total: $55,000 Packet Page -845- 1/10/2012 Item 16.A.9. ECONOMIC DEVELOPMENT COUNCIL OF COLLIER COUNTY EWf 29 3050 Horseshoe Drive North, Suite 120 e Naples, FL 34104 Phone (239) 263 -8989 . Fax (239) 263 -6021 www.eNaplesFlorida.com ECONOMIC , DEVELOPMENT . { COUNCIL of Collier Count}; Florida Growing Great Ideas The ESP will provide assistance with the two points of concern for ValueCentric as they decide whether to locate this new business unit in Collier County or to continue to grow their business in New York. The EDC, therefore, recommends that the BCC grant a waiver for ValueCentric to participate in the ESP program and approve the use of financial incentives, as outlined above, to induce ValueCentric to locate and create 15 new high wage, high skilled jobs in Collier County. Packet Page -846- 1/10/2012 Item 16.A.9. Pa e 12 of 29 ECONOMIC DRT.LoPMENT COUNCIL -0,W"nr Flora, Drawing Gnmt kims Economic Stimulus Program Recommendation Form for ValueCentric Name of Business I. Economic Stimulus Programs: X Broadband Infrastructure Investment ❑ Fast Track Permitting El Fee Payment Assistance X Job Creation ❑ Property Tax Stimulus Local Match for OTI 2. Collier County location: X Western Collier County— west of 951 f-� Eastern Collier County - east of 951 ❑ Immokalee Enterprise Community/ Enterprise Zone ❑ Everglades City Enterprise Zone 3. Project qualifications: Number of current Collier County employees: — - 0 Avg. Wage: 0 Number of new jobs resulting from project- 15 Avg. Wage: $62.000 Total retained and new jobs: —15 Avg. Wage: $ 62,000 Packet Page -847- 1/10/2012 Item 16.A.9. - -'Page Ti of 2,9- FY FY FY FY FY Total 5. 2012 2013 2014 0-6 Job Creation Phase 1 $4,000 $4,000 $4,000 $12,000 Phase 11 $3,333 $3,333 $3,334 $10,000 Phase 111 $2,667 $2,667 $2,666 $8,000 Broadband $8,333 $8,333 $8,334 Total $12,333 $15,666 $18,334 $6,001 Economic Impact Multipliers: NAICS Code: 518210 & 551114 SIC Code: Earnings Multiplier: 1.4232 Employment Multiplier: 1.9124 Economic Development Council of Collier County Recommendation Prepared by: Beth Sterchi $25,000 $2,666 $55,000 (pript;N. ame) (Signature} Date Approved: Tammi'"Jwwdci , �resQQt Date Effective OWN Page 2 012 Packet Page -848- W low , wz' ' 1/10/2012 Item 16.A.9. - -' Page -14 of 2,9- GENERAL PROJECT OVERVIEW ValueCentric, LLC Name of Business Strategic Requlatory Initiatives Project Title or Code Name (1 -5 word description) FOR EDC USE ONLY W20/2010 Date Received Date Revised Date Completed EDC Project Number Contact the Economic Development Council of Collier County to discuss your project and application before submitting a formal proposal. The completed and signed application must be filed with: Lamm! EcoNomuc DE OPME Comat' 'rf( ollier V, F/o ri'ia Growing Great Ideas 3050 North Horseshoe Drive, Suite 120 Naples, FL 34104 Phone: 239-263-8989 Fax: 239-263-6021 wines. e Navies Rorida.com Effective 1=7 Page 1 of 9 Client Approved ___ SC--� ____ (initials) Packet Page -849- 1/10/2012 Item 16.A.9. Page 15 of 29 GENERAL PROJECT OVERVIEW A. Name of Business unit: valuecentric B. Mailing Address: 23 Cobham Drive Street Address Orchard Park New York 1412-7 7Z rd-y State Zips code C. Name of Parent Company: ValueCentric,LLC D. Primary Business Unit Contact: David W. Janca title: CEO & ounder Mailing Address: 23 Cobham Drive Street Address Orchard Park New York 14127 City Staiw-- Zip CWa Telephone: 716-972-1600 Email: dave-janca@valuecentric,com _ Website: www.valuecentric4com E. Business Units Federal Employer Identification Number: 01--0709711 F. Business Unit's Unemployment Compensation Number: 2687961 G. Business Unit's Florida Sales Tax Registration Number: N/A H. Collier County Business Tax Receipt Number: N/A 1. Is the business unit minority owned? Yes M No X If yes, explain: J. What is the business unit's tax year (ex: Jan 1 to Dec 31): Jan l—.Dec3i In 2-3111 2540=1 A. Which of the following best describes this business unit- X New business unit to Florida X New business unit to Collier County Existing Collier County business creating and / or retaining jobs If an expansion, how many jobs are currently in the expanding business unit? B. How many individuals are employed at all Florida Locations? 0 C. How many individuals are employed at all Collier County locations? 0 D. Are any jobs being transferred from other Florida locations? Yes ❑ No X If yes, how many jobs and from where? Effective 10/07 Page -.2 of 9 ClienlApproved.--!��-1--- (initials) Packet Page -850- 1/10/2012 Item 16.A.9. Page 16 of 29 GENERAL PROJECT OVERVIEW E. Give a full description of this project, including the primary business activities / functions: Proposed regional office will be providing data collection, processing and analyfics support for pharmaceutical manufacturers engaged in Risk Evaluation and Mitigation Strategies (REMS), REMS are recently issued. FDA mandated enforceable guidelines for monitoring high risk pharmaceutical products. The focus of the business unit will be tracking and reporting on these REMS products to the manufacturers and FDA. This will include customer support with regard to all aspects of the data services being provided .by ValueCentric. Note that ValueCentric has successfully developed the framework and negotiated the first REMS program under this mandate, which will be used as a model for other manufacturers who must adhere to this mandate. A separate location is desirable for this initiative due to the sensitive information that will be maintained and supported by this business unit. In addition, some general and administrative functions, including accounting are being considered for this location. F. What is the project's Targeted fndustry(ies): Pharmaceutical Companies G. Break down the Project's primar functions and the c A. H. —7c NAICS ingwa Prqlect Business Unit Activities Code/SIC Code Functio Annualized (Total= 1009'.) Wage (S) Data Processing & Hosting and Related Services (Data Analyfics I and Support) -Centralized 518210 731/10 $70,000 Administrative office 551114 27% $40,0 What is the project's proposed location address: 3530 Kraft Road, Suite 202 Street Address Naples Florida 34 zsp W6 is the project's current location"ad"dress (if different): Uode 23 Cobham Drive Street Address Orchard Park New York 14127 city State Zip Code 1. Is the project location within a current or proposed Brownfield site / area? Yes ❑ No X If yes, attach a Copy of the official document designating the Brownfield area, Is the project location in an Enterprise Zone? Yes ❑ No X If yes, which zone? J. Which of the. following describes the applicant's operations (select all that apply': X Multi-state business enterprise ❑ Multinational business enterprise Florida business enterprise Effective 10107 Page 3 of 9 Client Approved (initials) Packet Page -851- 1/10/2012 Item 16.A.9. GENERAL PROJECT OVERVIEW —IS-a-ge-1-7, of 29 K. Which of the following describes this business unit (select all that apply). X Regional headquarters office F-1 National headquarters office ❑ international headquarters office ❑ This is not a dedicated headquarters office L. What is the estimated percentage of gross receipts or final sales resulting from this project that will be made outside of Florida -(if sales, is not a reasonable measure, use another basis for measure and provide explanation below): 100% Explain, if necessary: This specific business unit will be managed and operated out of the location where established. All revenue generated is currently projected to be with companies located outside of Collier County and Florida. A. How many jobs are expected to be created as part of this project? 15 B. If an existing business unit, how many jobs are expected to be retained as part of this project? {jobs in jeopardy of leaving Collier County should only be included here; these jobs are not eligible for QTI) N/A C. What is the annualized average wage for existing Collier County employees indicated in 3b? N/A D. What is the anticipated annualized average wage (excluding benefits) of the new to Collier County jobs created as part of this project? (Cash payments to the employees such as performance bonuses and overtime should be included.) $62.000 E. What is the annualized average value of benefits associated with each new job created as part of this project? $9,000 F. What benefits are included in this value? (health insurance, 401 (k) contributions, vacation and sick leave, etc.) Includes health and dental insurance., 401(k) matching contributions, long and short term disability, life insurance Elllcctive 10107 Pape 4 of 9 ClierrApproved (initials) Packet Page -852- 1/10/2012 Item 16.A.9. - _,Page -1-8, of 26 GENERAL PROJECT OVERVIEW A. Describe thecapital investment in real and personal property (Examples: construction of new facility; remodeling of facility; upgrading, replacing, or buying new equipment. Do not include the value of land purchased for construction of a new building): Majority of expense from a capital perspective will be furniture and fixtures and technology. infrastructure upgrading as the proposed location is an existing facility and we will be leasing the space.. B. Will this facility be. X ❑ Leased space Land purchase and construction of a new building El D Purchase of existing building(s) with renovations Addition 0 to existing building(s)—{already owned,) Other $ (please describe in 4A above) C. List the anticipated amount and type Of major capital investment to be made by the applicant in connection with this project: (attach separate schedule if investment will be made over more than threeyears) — Year I —Lease Year 2 Year _3 $75,360 $78,500 $81,640 Construction / Renovations $ o' $ $ P'uc Manufacturl ' n- E-6--t 1 ��:: R DU oqinr $ 8, $ $ Other Equipment (computer ...equtpment, office furniture,,etc.) $100,000 $50j000 $50;000 Total Capital Investment $175,360 $128500 4tiql t131 40 D. What is the estimated square footage of the new or expanded facility? 3,140 square feet E. When is the final location decision anticipated (date)? October 15, 2010 F. What is the anticipated date construction will begin? N/A G. What is the anticipated date operations Will commence? January 1, 2011 *a = UP U�i 1, Lm 1, V I TJ A. What role will the incentive(s) play in the business unit's decision to locate, expand, or remain in Collier County? Incentives will help assess cost advantages of locating to Collier County vs. company's current location in Orchard Park, NY, See comments in D, below. Effective 101,07 Page 5 of 9 Client Approved (initial') Packet Page -853- 1/10/2012 Item 16.A.9. Page 19 of 29 GENERAL PROJECT OVERVIEW B. What other cities, states, or countries are being considered .for this, project? Orchard Park, New York (current corporate headquarters). The Empire State Development Corporation (ESDC) would like us to establish, this business unit within our headquarters and create the jobs in WNY. ESDC has two programs; the Excelsior Program and Economic Development Program (EDP) providing incentives in terms of grants or tax credits. Both programs offer incentives relating to job creation and capital investments, for the job component, the minimum job creation threshold for our industry is 10 net new jobs, with the maximum incentive being $5,000 per job. The value of the investment in tangible property is a tax. credit. of 2% of the cost basis for federal income tax purposes or a grant which can be: up to 40% of the investment. The Excelsior program also offers a tax credit -for Research and Development equal to 10% of our federal tax credit. Note that the current building occupied -by ValueCentric in New York has approximately 7,000 square feet available for build-out expansion, which could be used for this business unit. C. What advantages or incentives offered by these locations do you consider important in your decision? Assistance in upgrading the technology infrastructure, Job creation and tangible property incentives, including sales tax abatement. D. Indicate any additional internal or external competitive issues impacting this project's location decision? Company is considering relocating corporate headquarters to Naples, Florida and this project would be the first step in creating a presence in Florida. The timing of this consideration is being driven by the need to establish a separate business unit and the business climate in New York vs. Florida. The preference for Collier County over other locations in Florida includes the business owner having a residence in Collier County. Owner's permanent residence is currently in Orchard Park, New York. i7r. v �Ml A. Provide a brief synopsis of the special impacts the project is expected to stimulate in the community, the state, and the regional economy. include the impact on indicators such as unemployment rate, poverty rate, and per capita income. (1000 words or more)add sheets it necessary ValueCentric is considering relocating one individual to oversee the business unit from our Orchard Park location. The expectation is that the remainder of the positions will be filled by qualified applicants from the local market at an average annual salary of $62,000 per year, which exceeds Collier County's average wage. AM Elieclive 10,,'07 Page 6 of 9 Client Approved {initials) Packet Page -854- 1/10/2012 Item 16.A.9. - -'Page - - -26 of 2' -9 GENERAL PROJECT OVERVIEW While our current forecast is 15 people, our employment needsmay increase to 20 or more over the initial three year period. The scalability of our needs is dependent upon the FDA mandates and timing of adoption. The individuals to be hired will include managers and staff, who will be college, educated possessing strong analytical, technical and communication skills due to the extensive customer interaction with manufacturers and FDA representatives, ValueCentric also holds a three day user conference annually, which includes over 100 participants from pharmaceutical manufacturers throughout the United States, Serious consideration would be given to holding a. future user conference in Collier County. Through this event, an estimated $200,000 of additional of investment will be invested into Collier County, B. Providea summary of past activities in Florida and in other states particularly as they relate to environmental or growth Management impacts. For example, what kind of corporate citizen has the applicant been? Also list awards or commendations. Annual sales meetings and advisory board meetings have taken place in Florida as well as Tennessee, Nevada, New York in recent years. C. List and explain any criminal or,civil fines or penalties or ongoing , going investigations that have been imposed upon the company, its executives, or its affiliates and any recent bankruptcy proceedings of the applicant or its parent company. N/A D. Provide any additional information you wish to be considered as part of this incentive application or items that may provide supplementary background information on your project or company. We are a high tech internet based software company that services the pharmaceutical industry. It is our understanding that our company falls within a couple of the targeted industries for Collier County that will provide jobs for the future economy. The establishment of this business unit in Collier County would be ValueCentric's initial step in seriously considering relocating other functions to Florida, which could include the corporate headquarters. We are requesting a waiver for the job creation incentive, as our initial business plan for the business unit will not require.20 employees over a three year period and our the proposed [eased space would not accommodate more than 15 employees. ValueCentric has been in business for over 8 years and has a strong core business with a proven track record, including remarkable revenue growth, exceeding on Efiective 10/07 Page 7 of 9 Client Approved (Initials) Packet Page -855- 1/10/2012 Item 16.A.9. —Page 21 of 29 GENERAL PROJECT OVERVIEW average over 40% per year and an impressive stable customer base. Note that some of our rationale for the Proposed location includes available additional space that would allow ValueCentric to expand beyond our initial plans, 1 7 Cf )NFInFAITIA I 1TV A. You may request that your project information (including information contained in this application) be confidential per F.S. . 288.675, Confidentiality of Records for a 12 month period, with an additional 12 month extension available upon request for projects still under consideration. Please indicate your confidentiality preference: X Yes ❑ No ***Be sure to attach the proper incentive attachment sheets) * ** Effective 10,'07 Pacle 8 of 9 Client Approved (initials) Packet Page -856- 1/10/2012 Item 16.A.9. GENERAL PROJECT OVERVIEW Page 22 of 29 Signature Scott C. Terhaar Name Controller Title ValueCentric.LLC Company Address, it different than mailing address 716-972-1600 Phone Number 716-972-1509 Fax Number scott.terliaar@valuecentric.com Email Address September 13, 2010 Dale Name of contact person, if different than above Phone Number Address Email Address Effective 10W -.,...,y rt. ALf YMfsrll Cy Ulu information included in this aPPlication is accurate. Signature (Author' company Offloer) U REQQUIRED David W. Janca Name CEO & Founder Title ValueCenLric,LLC Company Address. if different than mailing address 716-972-1600 Phone Number 716-972-1509 —Fa;Number Email Address September 13, 201 Li Date Page go, 9 Packet Page -857- Client Approved ---A— (initiais.) 1/10/2012 Item 16.A.9. _' Page _:ii o-f-2* -9 Economic Stimujus Program Attachment to the General Project Overview ValueCentric, LLC Name of Business Must be 8 "separate business unftor reporting unit Of 8 business unit that is or will be registered with the State of Florida -for unemployment compensation purposes. IMPORTANT NOTE: This application must be filed and the incentive approved prior to making the decision to expand an existing Collier County business unit or to locate a new business unit in Collier County. A. For the purposes of certification, agreement, and claim review, indicate the average wage and corresponding threshold (percentage) to Which you commit for all new jobs created: $fi_2.000, which is at least 157% of the average wage in Collier County, B. Collier County Business Tax Receipt Number: Not yet apl)licable C. How many jobs are currently employed "at all Collier County locations? 0 D. What is the annualized average wage (excluding benefits) of the employees indicated in 1 c.? $2 FXWOK 7171,171RmEmm - - A. Identify the local government(s) anticipated .to provide local financial support: incentives Will be key in our decision making on locating ip a _U_@Ies. B. Indicate the dates) the approval is I are anticipated to be passed by the _ Jocal government. October 26. 2010 C. Has the applicant ever participated in an EDC-assisted Proaram?E] Yes X No If Yes, how many new and retained jobs were included in that project? Flevised aa.% Packet Page -858- Page I of 7 Client ApprDved S'C-9'- _(initials) P hase Number of net new full-time equivalent Collier Date by which jobs will County jobs created in the business unit be created 6 9/30/2011 5 9/30/2012 Ill 4 9/80/2013 Total..._ A. For the purposes of certification, agreement, and claim review, indicate the average wage and corresponding threshold (percentage) to Which you commit for all new jobs created: $fi_2.000, which is at least 157% of the average wage in Collier County, B. Collier County Business Tax Receipt Number: Not yet apl)licable C. How many jobs are currently employed "at all Collier County locations? 0 D. What is the annualized average wage (excluding benefits) of the employees indicated in 1 c.? $2 FXWOK 7171,171RmEmm - - A. Identify the local government(s) anticipated .to provide local financial support: incentives Will be key in our decision making on locating ip a _U_@Ies. B. Indicate the dates) the approval is I are anticipated to be passed by the _ Jocal government. October 26. 2010 C. Has the applicant ever participated in an EDC-assisted Proaram?E] Yes X No If Yes, how many new and retained jobs were included in that project? Flevised aa.% Packet Page -858- Page I of 7 Client ApprDved S'C-9'- _(initials) 1/10/2012 Item 16.A.9. Page 24 of 29 A. Type of Project (cht 6-J-- L-J—"11%jmU r-MMIX X Tenant Improvement X other Leased facility . technolo - infrastr .lure off cr a S. Site Folio Number. furniture any fixtures C. Project Street Address& Suite Number: 3530 Kraft Road Suite 242, Naples F1 D. Legal description: E. Owner/Developer Name: Phone: Email: Fax: F. Architectural Firm: Contact: Phone: Email: Fax: G. Engineering Firm: Contact: Phone: Email: Fax: H. Contractor: Contact: Phone: Email: Fax; 1. Other: (i.e. Attorney, Land Planner) Property Manager (Kraft Office Center) Contact: Frank Delgado. Vice President Phone: (239)434-6222 Email: fdelaado@sum,mit-,mamt.net Fax: (239)434-6367 14, BACKGROUMD CHECK I agree to allow the Economic Development Council of Collier County perform a Company and/or Personal Background Check. X Yes ❑ No Revised 03/08 Packet Page -859- Page 2 of '7 Client Approved At----S:-Jinitials) -5. SIGNATURES September 20, 2010 Signature of Individual Completing this Date Attachment 23 Cobham Drive, orchard Park, NY 14127 (716)972-1634 Address Phone Number Signature (Authorized Company Offici REQUIRED David W. Janca, CdO & Founder Name and Title of Authorized Officer Revised 03108 September 20, 2010 Date Packet Page -860- 1/10/2012 Item 16.A.9. - Page , -2-5, W 2' -9 Page 3 of 7 Client Approved —.'�nfhals) 1/10/2012 Item 16.A.9. y Page 26 of 29 Attachment A: Roles& Responsibilities General Res onsibifities:ma vary from r2"ect to ro"ect. OwnerlDeveloper Applicant --Meet all requirements of -Fast Track - Attend {ire- appiiwcatian meeting with Regulatory Process Program sufficient plans for ,quality review - -Site selection -- Submit complete application that meets - -Hire contractors, consultants, engineers, current LDC and other code requirements architects -- Submit updates after receiving rejection -- Submit Development Order application comments, within 20 business days within 60 business ~days ;of acceptance as a 'track -- Attend scheduled meeting to discuss Fast project outstanding issues as needed. -- Attend pre - application meeting, if possible - -Attend scheduled meeting to discuss outstandin , issues as needed. « . 1! - - . ,r ., ; • - :: Development and Envi*.; - �Aitract and qualify businesses under the 'ices Division -- Assign Special Projects Manager Fast Track program Provide guidance on permitted use -- Contact the Special Projects Manager as of site. soon as a company is qualified. • Organize pre -app meeting i -- Attend the pre- application meeting. . Lead project Team -- Maintain consistent contact with Special . Handle dispute resolution by Projects Manager to ensure timeframes are involving appropriate decision being met. makers -- Monthly review status of projects, particularly those with issues or potential Shepard projects throe h the p ! g issues process from start to finish/manage -- Attend scheduled meeting to discuss project plan Main .point of contact for EDC, outstanding issues as needed. - -Copy all vested parties with ap applicant and owner correspondence. . Prepare monthly status reports/emphasis on exception or "red flag" items Schedule hearings and external meetings, as required • Provide value -added services such as occasional cite visits when under construction Revised 03108 Packet Page -861- Page 4of7 Client Approved !;e-"t (ini#iafs) 1/10/2012 Item 16.A.9. - Page 27 of 29 --Developproject team-- • Attend pre-application meeting • Review submissions within stated number of business days • Attend scheduled meeting to discuss outstanding issues. as needed. • Copy all vested parties with Attachment B: Potential Obstacles There are certain known issues that can lead to a less than smooth approval process., as listed below. At the pre-application meeting (or before then if applicable,) the Special Projects Manager will complete this section relative to the facts as presented at thattime, Items that may cause a delay Anticipated Belay and related information Requires re-zoning: Site in existing PUD: Site contains wetlands: Site requires an Environmental Impact Statement: LDC amendment required: Permits from outside agency: Utilities issues: Other: Note: this list is not intended to be exhaustive ofall items that may cause conflicts or delays in the approval process, but is to identify those most common and those most likely to significantly hold up the swift approval of the project. Project Notes (Special Projects Manager) Flevised 03108 Page 5 of 7 Client Approved Packet Page -862- 1/10/2012 Item 16.A.9. Page 28 of 29 Items the Developer or Applicant wishes to disclose concerning unusual requirements: Attachment C: Proposed Timeline (to be completed at pre-application meeting) Task !� Pre- application meeting Responsible Special, Projects Mana�ger Target date -13-a—yi Submit complete ,SDP or PPL (within 60 days of FT acceptance) Applicant Day 30 I First review -- SDP (7 business days) First review - PUD (15 business days) Project team Day 45 First re-submittal - SDP or PUD [must address all comments (20 business days) Applicant Day 65 Second review - SDP or Epp A y for building permits Applicant First review-- building permits (25 business days) Project Team First re-submittal -- building permits (20 business days) Applicant Second review - building permits (25 business days) Project Team Approval - SDP Approval - Building permits Anticipated ated CO date We, the undersigned, fully accept our roles and responsibilities in this project and have offered all information in good faith and in an attempt to be thorough. We recognize that new information may be presented as the project moves through the review phases. We also recognize that until the review process begins it is not reasonable to identify every possible issue with a project. As any new material information is identified that may cause a change to this plan in any way, the Special Projects Manager is to be contacted to coordinate as needed. Owner/Developer Name: Applicant Name: EDC Representative: Collier County Special Projects Revised 0/08 Date: Date: Date: Packet Page -863- Page 6 of 7 Client Approved (inilials) Manager Name: Revised 03.,"08 Packet Page -864- 1/10/2012 Item 16.A.9. Page 29 of 29 Date: Page 7 of 7 Client Approved