Agenda 07/22/2008 Item #16A 9Agenda Item No. 16A9
July 22, 2008
Page 1 of 4
EXECUTIVE SUMMARY
Recommendation that the Board of County Commissioners consider approving the request by
the Economic Development Council of Collier County to extend the sunset date of the Fee
Payment Assistance Program, the Property Tax Stimulus Program, the Job Creation Investment
Program and the Advanced Broadband Infrastructure Investment Program from the current
date of October 1, 2008 to October 1, 2013
OBJECTIVE: That the Board of County Commissioners (Board) consider approving the request by
the Economic Development Council of Collier County to extend the sunset date of the Fee Payment
Assistance Program, the Property Tax Stimulus Program, the Job Creation Investment Program and the
Advanced Broadband Infrastructure Investment Program from the current date of October 1, 2008 to
October 1, 2013.
CONSIDERATIONS: On November 18, 2003, the Board adopted Ordinance No. 2003 -59, as
amended which established the Advance Broadband Infrastructure Investment Program, Ordinance No.
2003 -60, as amended, which established the Job Creation Investment Program, Ordinance No. 2003-
61, as amended, which established the Fee Payment Assistance Program and Ordinance No. 2003 -62,
as amended, which established the Property Tax Stimulus Program. These programs are intended to:
(1) Provide a performance -based program offering financial relief for eligible targeted industry
development or expansion projects in Collier County to mitigate the effects of rising fees,
relocation costs, etc.;
(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.
Each of the above Ordinances contains provisions for an automatic sunset on October 1, 2008 "unless
continued by a vote of the Board of County Commissioners prior to this date. "
The Economic Development Council of Collier County is requesting that the sunset date for each of
the Economic Incentive Programs above be extended to October I, 2013.
Because the funding level for the Economic Incentive Programs is determined annually through the
budget process, and each Program Agreement that is executed between Collier County and a qualified
business participant is subject to the availability of funding, the extension of the sunset date will allow
the Programs to remain in place, even in the absence of funding. This would also allow the Programs
to be utilized again in the future as funding becomes available.
FISCAL IMPACT: The Fiscal Year 2008 budget for the local Economic Incentive Programs is
$1.147 million. The proposed local incentive budget to begin Fiscal Year 2009 is $255,300. The
Board of County Commissioners establishes the level of funding that will be allocated to the local
Agenda Item No, 16A9
July 22, 2008
Page 2 of 4
Economic Incentive Programs. The extension of the sunset date allows for the Programs to remain
active but does not guarantee funding.
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
expansion and retention of existing industries in order to diversify the County's economic base."
LEGAL CONSIDERATIONS: The County Attorney has reviewed this item, and finds no legal
issues are presented. This is strictly a matter of Board policy. -JAK
RECOMMENDATION: That the Board of County Commissioners consider approving the request
by the Economic Development Council of Collier County to extend the sunset date of the Fee Payment
Assistance Program, the Property Tax Stimulus Program, the Job Creation Investment Program and the
Advanced Broadband Infrastructure Investment Program from the current date of October 1, 2008 to
October 1, 2013.
Prepared by: Amy Patterson, Impact Fee /Economic Development Manager
Business Management and Budget Office, CDES
Reviewed and Approved by: Tam-me Nemeeck, President & CEO
Economic Development Council of Collier County
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Agenda Item No. 16A9
July 22, 2008
Page 3 of 4
COLLIER COUNTY
BOARD OF COUNTY COMMISSIONERS
Item Number: 16A9
Item Summary: Recommendation that the Board of County Commissioners considers approving the request
by the Economic Development Council of Collier County to extend the sunset date of the Fee
Payment Assistance Program, the Property Tax Stimulus Program., the Job Creation
Investment Program and the Advanced Broadband Infrastructure Investment Program from
the current date of October 1, 2008 to October 1, 2013.
Meeting Date: 7/22/2008 9:00:00 AM
Prepared By
Community Development &
Amy Patterson
Impact Fee Manager
Date
Community Development &
Community Development &
Environmental Services
Financial Admin. & Housing
6130/2008 1:23:58 PM
Environmental Services
Approved By
Financial Operations Manager
Date
Judy Puig
Operations Analyst
Date
Community Development &
Community Development &
7/912008 1:19 PM
Environmental Services
Environmental Services Admin.
6/30/2008 4:40 PM
Approved By
Scott R. Teach
Assistant County Attorney
Date
County Attorney
County Attorney Office
7/7/2008 2:35 PM
Approved By
Approved By
OMB Coordinator OMB Coordinator Date
County Manager's Office Office of Management & Budget 719/2008 1:30 PM
Approved By
Mark Isackson
County Manager's Office
Approved By
James V. Mudd
Board of County
Budget Analyst
Office of Management & Budget
County Manager
Date
719/2008 5:21 PM
Date
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Community Development &
Joseph K. Schmitt
Environmental Services Adminstrator
Date
Community Development &
Community Development &
Environmental Services
Environmental Services Admin.
7/8/2008 5:27 PM
Approved By
Garrett Mullee
Financial Operations Manager
Date
Community Development &
Financial Admin. & Housing
7/912008 1:19 PM
Environmental Services
Approved By
OMB Coordinator OMB Coordinator Date
County Manager's Office Office of Management & Budget 719/2008 1:30 PM
Approved By
Mark Isackson
County Manager's Office
Approved By
James V. Mudd
Board of County
Budget Analyst
Office of Management & Budget
County Manager
Date
719/2008 5:21 PM
Date
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Agenda Item No. 16A9
July 22, 2008
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Commissioners County Manager's Office 7/1412008 10:45 AM
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