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Resolution 2001-457 16A2 RESOLUTION 01-.A..5.l.. A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA; ENDORSING THE EMPOWERMENT ALLIANCE OF SOUTHWEST FLORIDA COMMUNITY DEVELOPMENT CORPORATION AS A SPONSORING AGENCY UNDER THE FLORIDA ENTERPRISE ZONE COMMUNITY CONTRIBUTION TAX CREDIT PROGRAM. WHEREAS, the State of Florida has enacted the Florida Enterprise Zone Act, Sections 290.001 - 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 sustainable economic development; and WHEREAS, the Board of County 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 Enterprise Zone effective January 1, 1997; and WHEREAS, the State encourages the participation of private corporations in revitalization projects by granting either partial state corporate income/franchise tax credits, sales tax credits, or credit towards 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 Statutes, 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, sales 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, the Empowerment Alliance of Southwest Florida Community Development Corporation (The Empowerment Alliance of Southwest Florida), a non-profit organization incorporated in the state of Florida, operates within the Immokalee Enterprise Zone and meets the criteria as a sponsoring organization under Section 220.03(1 )(t), Florida Statutes; and WHEREAS, the Empowerment Alliance of Southwest Florida's project is consistent with the overall intent of the Immokalee Area Master Plan, a separate element of the Collier County Growth Management Plan; and WHEREAS, the Empowerment Alliance of Southwest Florida, 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: 16A2 The Empowerment Alliance of Southwest Florida project, as described in Attachment A, is consistent with the Collier County Growth Management Plan and the Immokalee Area Master Plan. This Resolution adopted after motion, second and majority vote favoring same. DATED: ATTEST: ~,11 4 t I tr r"" DWI1i~T. ~'.a'A@'cK ~:-~:l::~;;::--~~d. ,j B~ . . ~~'t~:':'V/~ 46 ...~:,...CJ~~;~~'" Jame D. Carter, Ph.D., Chairman ....~.:!:;i~=..-: :J CIIIf......S fJ 1- Date: /I-"e.-.,k-J /s ':;:U:JD/ COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ~~ Assistant County Attorney 2 16A2 Attachment "An The Empowerment Alliance of Southwest Florida Community Development Corporation is a 501 c(3) non-profit organization. Its mission is as follows: The Empowerment Alliance of Southwest Florida, a Round " Rural USDA Enterprise Community, under the leadership of the Community Foundation of Collier County, is working toward economic self-sufficiency and improved quality of life for Southwest Florida's designated rural Enterprise Community located in Immokalee and eastern Hendry County. To implement this mission, one area the Empowerment Alliance will focus on in Immokalee involves increasing the supply of decent, affordable housing. The Empowerment Alliance will purchase land in south Immokalee from the Collier County Housing Authority and will develop 40 affordable single-family homes. The Empowerment Alliance, in cooperation with the Collier County Extension Service, will identify and qualify potential homebuyers and assist them in finding suitable financing for their homes. The benefits of this project include construction of safe, affordable homes in the Immokalee community and the opportunity for 40 families to purchase their own homes and achieve greater financial self-sufficiency. Donations to be sought for this project include cash, building materials, construction supplies, donated services related to construction, site preparation, and credit readiness, furnishings (appliances and household goods), etc. All donations will be used to reduce the cost of the homes to make them as affordable as possible.