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Resolution 2004-259 16 A.IS RESOLUTION 2004 - ~ A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA; ENDORSING IMMOKALEE NON-PROFIT HOUSING, INC. IN IMMOKALEE AS A SPONSORING AGENCY UNDER THE FLORIDA ENTERPRISE ZONE COMMUNITY CONTRIBUTION TAX CREDIT PROGRAM; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the State of Florida has enacted the Florida Enterprise Zone Act, Sections 290.00 I - 290.016, Florida Statutes, to provide incentives by both State and local government to induce private investment into distressed areas to create economic opportunities and sustajnable economic development; and WHEREAS, the Board of COlffity Commission enacted Resolution #95-248 on March 28, 1995, nominating the Immokalee Community as an Enterprise Zone pursuant to the Florida Enterprise Zone Act; and WHEREAS, the State of Florida designated the Immokalee area as a State Ent~.rprise Zone effective January I, 1997; and WHEREAS, the State encourages the partIcIpation of private corporations in revitalization projects by granting either partial state corporate income franchise tax credits or insurance premium taxes to corporations that contribute resources to public redevelopment organizations for the revitalization of enterprise zones; and . WHEREAS, the State authorized the Community Contribution Tax Credit Program, under Section 220.183, Florida Statues, which allows any Florida corporation to receive a tax credit of 50 percent of the value of the donation (not to exceed $200,000 in anyone year) 'against any corporate income/franchise tax or insurance premium tax due for a taxable year for contributions to a State approved community development project located within the Enterprise Zone; and WHEREAS, Immokalee Non-Profit Housing, Inc., a SOI(c)(3) "non-profit" organization incorporated in the state of Florida, is located within the Immokalee Enterprise Zone and meets the criteria as a sponsoring organization under Section 220.03(1 jet), Florida Statues; and WHEREAS, Immokalee Non-Profit Housing, Inc's. projects are consistent with the overall intent of the Immokalee Area Master Plan, a separate element of the Collier County Gro""th Management Plan; and WHEREAS, Immokalee Non-Profit Housing, Inc. is the sponsoring organization applying for approval as a State approved Community Development Project. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: Page I of2 16Ala I. Immokalee Non-Profit Housing, Inc's. building program which provides for the construction of housing for very low income farmworking families in Immokalee is consistent with Collier County's Growth Management Plan ("Plan"), and related Policies of the Housing Element of said Plan, togethcr with the implementing regulations thereof. 2. The County Manager is hereby authorized and directed to file this Resolution with the State of Florida, Office of Tourism, Trade and Ec~nomic Development of the Executive Office of the Governor, The Capitol, Suite 200 I, Tallahassee, Florida 32339-000 I, to enable Immokalee Non-Proiit Housing, Inc. to approval for its projects. 3. This Rcsolution shall take effect immediately upon its passage by the Board of Commissioners of Collier County. PASS E D ~~ IPD PTED by tho Bo"d of Commi"ion,,' of Colli" Couoly !hi, ---lL .;f day of e 1/1!JOI'/ ,2004. . '. i . ,J'_,' ~'. . ATTEST: '. ~'::~',.) ,> DWI GH,t 'E: 'BROck~:.9te!k BY~J&rQ,~t). ~C ". ," i~ .ty.'~lerk :~tteS.t II -'(0. ..ttJ~"1run' s . st,.~t~i;~lj. ASI "\1\'0 LEGAL FORM AND SUFFICIENCY. By. ~ ~~ PATRfCK G.'WHlTE Assistant County Attorney BOARD OF COUNTY COMMISSIONERS COLLIER CO TNTY, FLORIDA By: Page 2 of2 Item# HIAI a,; ~:daq-2.[-o'r ~:~~d q .t.3-~~ Jft