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Agenda 08/26/2025 Item #17A (Ordinance & Resolution - The amendmnet to the Innovation Zone Ordinance removing any cap on the trust fund allowing the BCc to transfer funds back to the contributing funds and the resolution extending the Ave Maria Innovatio)8/26/2025 Item # 17.A ID# 2025-2301 Executive Summary *** This advertised item was continued from the August 12, 2025, BCC Meeting. *** Recommendation to adopt an amendment to the Innovation Zone Ordinance to remove any cap on the trust fund, allow the Board to transfer funds held by Innovation Trust Funds back to the contributing funds, upon a finding that the amount held in the fund is greater than the anticipated need of the Innovation Zone, and adopt a Resolution extending the Ave Maria Innovation Zone for another 10 years to September 30, 2035. OBJECTIVE: To allow flexibility in County budgeting while maintaining funding for targeted economic development projects. CONSIDERATIONS: On May 11, 2010, the Board of County Commissioners (Board) adopted Ordinance No. 2010-20 to create a dedicated source of revenue to fund economic development programs and to advance economic development initiatives in zones of geographic concentration within the unincorporated areas of the County, called Innovation Zones, to be designated by the Board from time to time through the resolutions and ordinances for each separate Innovation Zone. By Resolution 2015-133, the Board created the Ave Maria Innovation Zone on June 23, 2015, for an initial 5 years, and extended the Zone on September 14, 2021 (Agenda Item 16.F.7) by Agreement with Ave Maria Development LLLP. To date, two (2) projects, namely Arthrex Manufacturing Inc. and Dialum Inc., are located in the Ave Maria Innovation Zone. This Zone expires on September 30, 2025. Ordinance 2018-39, dated July 10, 2018, created the Interchange Activity Center No. 9 Innovation Zone, which imposed a cap of $1 million on the balance the Trust Fund could hold. Three (3) projects, namely, Azimuth Technology, Great Wolf Lodge, and Uline Inc., are located within this Zone. Ordinance 2018-56, dated November 13, 2018, created the Golden Gate Economic Development Zone, which imposed a cap of $1 million on the balance the Trust Fund could hold. This cap was increased to $2 million by Ordinance 2020-04, adopted January 15, 2020. One (1) project, namely, Centro Golden Gate, is located within this Zone. Upon adoption, this item will: 1. Eliminate the caps on all Innovation and Economic Development Zone Trust Funds; and 2. Allow for the transfer of funds held by Innovation Trust Funds back to the contributing funds, upon a finding that the amount held in the fund is greater than the anticipated need of the Innovation Zone; and 3. Extend the Ave Maria Trust Fund for another ten (10) years to September 30, 2035, subject to another review for extension at that time. Ave Maria Development LLP, the Developer of the Ave Maria SRA, has concurred with this extension request. This action will encourage diverse economic opportunities by fostering a business-friendly environment. On June 10, 2025, the Board approved a recommendation to advertise the Ordinance amending the Innovation Zone as captioned (Item 16.K.7), to which no comments were received, and the item is now presented for adoption. A companion Resolution extending the Ave Maria Innovation Zone by 10 years to June 23, 2035, is also attached for the Board’s consideration. This action will encourage diverse economic opportunities by fostering a business-friendly environment. FISCAL IMPACT: The advertising and recording of this Ordinance may incur a fee. Sufficient funds are available in the Housing Policy and Economic Development budget (001-138760) for recording expenses. GROWTH MANAGEMENT IMPACT: Consistent with Objective 3 of the Economic Element of the Collier County Page 4638 of 4682 8/26/2025 Item # 17.A ID# 2025-2301 Growth Management Plan. LEGAL CONSIDERATIONS: This item has been reviewed by the County Attorney, is approved as to form and legality and requires a majority vote for approval. -JAK RECOMMENDATIONS: To adopt an amendment to the Innovation Zone Ordinance to remove any cap on the trust fund, allow the Board to transfer funds held by Innovation Trust Funds back to the contributing funds, upon a finding that the amount held in the fund is greater than the anticipated need of the Innovation Zone, and adopt a Resolution extending the Ave Maria Innovation Zone for another 10 years to September 30, 2035. PREPARED BY: Cormac Giblin, Division Director – Economic Development and Housing; and Jeffrey A, Klatzkow, County Attorney ATTACHMENTS: 1. Proposed Ordinance - Innovation Zone amendment - JAK signed 2. Proposed Resolution - Ave Maria Innovation Zone extension - JAK signed 3. Ordinance 2010-20 4. Resolution 2015-133 5. legal ad - agenda ID 25-2301 -amend Innovation Zone Ord. - 8.12.25 BCC 6. Business Impact Estimate - agenda ID 25-2301 -amend Innovation Zone Ord. - 8.12.25 BCC 7. Ordinance 2018-39_ Interchange Activity Center No. 9 Innovation Zone 8. Ordinance 2018-56 _Golden Gate Innovation Zone 9. Ordinance 2020-004 _ Golden Gate Economic Development Zone Page 4639 of 4682 Page 4640 of 4682 Page 4641 of 4682 Page 4642 of 4682 Page 4643 of 4682 1-'2-'32~252G<.>, C' 'E '0> RECENm ~'6 i ~ M).Y 2010 ~ I.~ I i~ '"'-I z/ ~ Cu J'/ 0/'> tlJ l 0 l 6.-sI.. ORDINANCE NO. 2010--2..0...... AN ORDINANCE OF COLLIER COUNTY PROVIDING FOR THE CREATION OF INNOVATION ZONES BY THE BOARD BY SUBSEQUENT RESOLUTION; PROVIDING FOR THE CALCULATION OF AN ANNUAL TAX INCREMENT AMOUNT WITHIN THE GEOGRAPHIC BOUNDARIES OF EACH INNOVATION ZONE; CREATING AN ECONOMIC DEVELOPMENT TRUST FUND FOR EACH INNOVATION ZONE FOR THE TRANSFER AND MAINTENANCE OF SUCH TAX INCREMENT AMOUNTS; AUTHORIZING THE PLEDGE AND APPROPRIATION OF ECONOMIC DEVELOPMENT TRUST FUNDS; AUTHORIZING THE PREPARATION OF AN ECONOMIC DEVELOPMENT PLAN FOR EACH INNOVATION ZONE BY SUBSEQUENT RESOLUTION OF THE BOARD; PROVIDING DEFINITIONS; AND PROVIDING AN EFFECTIVE DATE. BE IT ENACTED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA: SECTION ONE.PURPOSE. It is the policy of the Board to promote economic growth which results in high wage jobs and helps diversify the economy of Collier County. To further this policy, it is the intent of the Board to create a dedicated source of revenue to fund an economic development program and to advance economic development initiatives in zones of geographic concentration within the unincorporated areas of the County. These zones, to be called Innovation Zones, will be designated by the Board from time to time through the implementation of Economic Development Plans adopted by resolution for each Innovation Zone. SECTION TWO. FINDINGS. It is hereby ascertained, determined and declared that: A) The use of available Tax Increment revenues within an Innovation Zone as a dedicated economic development tool and funding source enhances the general welfare of the Page 4644 of 4682 County through the advancement of new employment opportunities, the implementation of redevelopment initiatives, the creation of new economic development opportunities and locations and the expansion of existing employment centers. B) Each Innovation Zone is intended to encompass a defined geographic area used to determine the Tax Increment paid and applied pursuant to ordinance, resolution or agreement within the meaning of the term "dedicated increment value" defined in section 200.001(8)(h), Florida Statutes. C) Commencing in the Initial Tax Increment Year for each Innovation Zone, the Tax Increment calculated pursuant to Section 4 of this Ordinance is intended to be a dedicated increment value referenced in the calculation of the "rolled back rate" under the method established in section 200.065(1), Florida Statutes. SECTION THREE.DEFINITIONS. As used in this Ordinance, the following words and terms have the following meanings, unless the context otherwise requires a different definition: Aggregate Ad Valorem Millage Rate" means that millage rate obtained from the quotient of the sum of ad valorem taxes levied by the Board for countywide programs and within a municipal service taxing unit plus the ad valorem tax levied for all districts dependent to the Board divided by the total taxable value of the County, excluding Voted Millage. Aggregate Ad Valorem Taxes" means ad valorem revenue generated by a levy of the Aggregate Ad Valorem Millage Rate against the total taxable value of the County considered for any of the discrete Collier County real property assessment rolls referenced in Section 4 of this Ordinance. 2 Page 4645 of 4682 Base Year Assessment Roll" means the last Collier County Real Property Assessment Roll certified by the Property Appraiser prior to the date of adoption of the Tax Increment Resolution. Board" means the Board of County Commissioners of the County. County" means Collier County, Florida. County Manager" means the chief administrative officer of the County or such person's designee. Economic Development Plan" means the economic development program referred to in Section 8 of this Ordinance established by resolution of the Board for each Zone. Economic Development Trust Fund" or "Trust Fund" means that Trust Fund created by resolution in Section 6 of this Ordinance for each Zone for the deposit, maintenance and accounting of the Tax Increment revenues annually generated within each Zone. Initial Tax Increment Year" means the tax year commencing October 1,2010 or such subsequent tax year as established in the Tax Increment Resolution for the initial determination of a Tax Increment for the annual funding by the County of an Economic Development Trust Fund for a Zone. Innovation Zone" or "Zone" means a geographic area created by resolution pursuant to Section 4 of this Ordinance used to determine a Tax Increment to be paid into an Economic Development Trust Fund to fund the Economic Devclopment Plan approved for each Zone. Propcrty Appraiser" mcans the Property Appraiser of the County. Tax Increment" means the annual dctermination for each Zone of the tax increment revenues calculated for each Zone pursuant to the formula adoptcd in Section 4 of this Ordinance. 3 Page 4646 of 4682 Tax Increment Resolution" means the resolution adopted by the Board pursuant to Section 9 of this Ordinance. Voted Millage" means ad valorem taxes levied in excess of maximum millage amounts authorizcd by law approved for periods not longcr than two years by vote of the electors pursuant to Articlc VII, section 9(b), Florida Constitution, or ad valorem taxes approved by the electors and levied as provided in Articlc VII, section 12, Florida Constitution, whether required and authorized by law, ordinance or the Florida Constitution. SECTION FOUR.CREATION OF INNOVATION ZONES AND THE CALCULATION OF ANNUAL TAX INCREMENT AMOUNT. A) The Board shall create Innovation Zoncs by adopting a resolution defining the geographic area comprising the Zone. B) The Tax Increment amount for each Zone shall be determined annually by the application of the following formula within the geographic area defined for each Zone and shall be that amount equal to the percentage rate set in the Tax Increment Resolution applied to the difference between: (I) the amount of Aggregate Ad Valorem Taxes received each year by the County from ad valorem taxes levied on taxablc real property contained within the geographic boundaries of a Zone; and (2) the amount of Aggregate Ad Valorem Taxes which would have been produced by a levy of the Aggregate Ad Valorem Millage Rate each year by the County upon the taxable real property within the geographic boundaries of a Zone as shown on the Base Year Assessment Roll. C) The amount to be funded by the County for each Zone shall not be less than the percentage applied to the difference betwcen subparagraphs (B)(I) and (B)(2) of this Section as set in the Tax Increment Resolution or the resolution creating an Economic Development Plan adopted for each Innovation Zone. 4 Page 4647 of 4682 D) The County Manager shall certify to the Property Appraiscr by May I of the year prior to the Initial Tax Increment Year, the boundaries of the designated geographic areas of each Zone, the reference to the Base Year Assessment Roll to be applied, and the specific proportion of the cumulative increase in taxable value to be applied in determining the Tax Increment. Any change in geographic boundaries, the Base Year Assessment Roll or percentage of the specific proportion of the cumulative increase in taxable value shall be certified to the Property Appraiser prior to May I of the year in which the change is to occur. SECTION FIVE.ANNUAL FUNDING OF ECONOMIC DEVELOPMENT TRUST FUND. Prior to January I of each County Fiscal Year and subsequent to any certification of the County Manager to the Property Appraiser required pursuant to Section 4(D), the Board shall appropriate and transfer to the Economic Development Trust Fund created for each Zone the Tax Increment for such defined geographic area, in an amount not less than that calculated pursuant to the formula provided in Section 4 of this Ordinance. SECTION SIX.CREATION OF ECONOMIC DEVELOPMENT TRUST FUND FOR EACH ZONE. There is hereby created an Economic Development Trust Fund for each Zone hereafter created by the Board in accordance with this Ordinance. The Tax Increment determined annually for each Zone shall be deposited in the Trust Fund prior to January I of each year as provided in Section 5 of this Ordinance and maintained for such Zone until paid or pledged for the implementation of thc Economic Dcvelopment Plan created for the Zone. By resolution of the Board, available funds maintained in onc Economic Development Trust Fund can be paid or applied for a joint project or program with available funds maintained in a separate Economic Development Trust Fund or a percentage of future Tax Increment revenues can be pledged and 5 Page 4648 of 4682 applied for two or more Economic Dcvelopment Trust Funds to jointly fund a program or project affecting multiple Zones. SECTION SEVEN.PLEDGE OR APPROPRIATION OF TRUST FUNDS. By subsequent resolution or agreement, the Board shall have the authority to provide for the use of flmds maintained in an Economic Development Trust Fund for any purpose that accords with the requirements of Florida law, including without limitation issuing revenue bonds secured by a pledge of available funds maintained in an Economic Development Trust Fund, or authorizing lease purchase obligations subject to annual appropriation from such available funds. In the event the Board decides to pledge such funds as security for revenue bonds, then such bonds can be secured from available funds maintained in the separate Economic Development Trust Fund crcated for cach Zone or from available funds jointly available in multiple Economic Development Trust Funds for multiple Zones as detennined in such subsequent resolution or agreement. SECTION EIGHT.PREPARATION OF ECONOMIC DEVELOPMENT PLAN. The Board shall adopt, and rcvise as nccessary, by resolution, an Economic Development Plan for each Zone created by Ordinance, to provide for: A) The appropriation or pledge of trust funds deposited or maintained In the Economic Development Trust Fund creatcd for those Zones. B) An cconomic development program identifying the public benefit to be derived, infrastructure necessary and required to implemcnt and support such program, any incentives, regulatory or procedural changes, donations or contributions as may be deem cd neccssary to further economic development and/or redevelopment within thc rcspcctive Innovation Zone and a fiscal and/or economic analysis as and to thc extcnt dcemed appropriatc by the Board. 6 Page 4649 of 4682 C) A partncrship agreement, from one or more private entities, detailing a commitment to providc support in the form of financial funding, infrastructure improvements, land donations or other contributions, which in the discretion of the Board, promotes the viability and success of the Innovation Zone. SECTION NINE.INITIAL DETERMINATION OF A TAX INCREMENT. The Board shall adopt for each Zone a Tax Incrcment Resolution: (I) designating the Base Y car Assessment Roll; (2) setting the percentage to be applied to the formula set forth in Section 4(B) of this Ordinance for the calculation of the Tax Increment; (3) specifying the number of County fiscal years to be utilized in determining the annual Tax Increment; and (4) setting the Initial Tax Increment Year. At the discretion of the Board, the resolution adopting and revising the Economic Dcvelopment Plan and the initial Tax Increment Resolution can be combined into a single resolution serving both functions. SECTION TEN.IMPLEMENTATION. The Board may establish, from time to time, rules and regulations to implement and govern the administrative procedures that will bc necessary for staff to implement this Ordinance, including minimum application requirements. These rules and regulations will be published and made readily available to the public. SECTION ELEVEN: CONFLICT AND SEVERABILITY. In thc evcnt this Ordinance conflicts with any other ordinance of Collier County or other applicable law, thc morc restrictivc shall apply. If any phrase or portion of the Ordinance is 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. 7 Page 4650 of 4682 SECTION TWELVE: INCLUSION IN THE CODE OF LAWS AND ORDINANCES. The provisions of this Ordinance shall become and be made a part of the Code of Laws and Ordinances of Collier County, Florida. The sections of the Ordinances may be renumbered or relettered to accomplish such, and the word "ordinance" may be changed to "section," "article," or any other appropriate word. SECTION THIRTEEN: EFFECTIVE DATE. This Ordinance shall be effective upon filing with the Department of State. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County, Florida, this \ \~ay of H~'-\2010. A TTES1: DWIGHT E. BROCK, CLERK By: 3'11" ..." Chat r.~' . Xppraved as to form and ega s ficiency: BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA 1 . ,t C') (' .r,\l~ By: (] FRED W. COYLE, CHAIRMAN A kow A torney 1\ This ordinance filed with the e<;!IltOry of ~e's Of~d)'.If day of , and adcnowledge en~ .~~ thot 1~~S~dOY _ Y J;l~~- L-/ 8 Page 4651 of 4682 STATE OF FLORIDA) COUNTY OF COLLIER) I, DWIGHT E. BROCK, Clerk of Courts in and for the Twentieth Judicial Circuit, Collier County, Florida, do hereby certify that the foregoing is a true and correct copy of: ORDINANCE 2010-20 Which was adopted by the Board of County Commissioners on the 11th day of May, 2010, during Regular Session. WITNESS my hand and the official seal of the Board of County Commissioners of Collier County, Florida, this 13th day of May, 2010. DWIGHT E. BROCK Clerk of Courts and Clerk Ex-officio to Board of County Commissioners By: Martha Deputy Page 4652 of 4682 RESOLUTION NO. 2015-1 3 3 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, ESTABLISHING THE AVE MARIA INNOVATION ZONE. WHEREAS, in addition to its broad home rule powers, Collier County is expressly authorized under Section 125.045, Florida Statutes to "expend public funds for economic development activities, including, but not limited to, developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property, and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community;"and WHEREAS, Collier County adopted Ordinance No. 2010-20 providing for the creation of Innovation Zones by adoption of a resolution; and WHEREAS, Ave Maria Development, LLP is the developer (hereinafter"Developer") of the Town of Ave Maria Stewardship Receiving Area; and WHEREAS, the Town of Ave Maria Master Plan provides for the development of four Town Centers; and WHEREAS, the four Town Centers provide an opportunity for economic development in the unincorporated area in Collier County. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY,FLORIDA,that: SECTION ONE: Establishment of the Ave Maria Innovation Zone. The property identified as Town Center 1, 2A, 2B and 3 as set forth in the Town of Ave Maria Master Plan, attached hereto, is hereby established as the Ave Maria Innovation Zone. SECTION TWO: Initial Tax Increment Year and Percentage. For purposes of establishing the Base Year Assessment Roll, the base year shall be the last Collier County Real Property Assessment Roll certified by the Property Appraiser prior to the adoption of the Tax Increment Resolution. Tax increments shall commence to be deposited into the Trust Fund with the County fiscal year commencing on October 1, 2016, and funding shall continue through September 30, 2021. The amount of the tax increment to be deposited into the Trust Fund shall be equal to 100% of the amount based on the formula set forth in Section 4(B) of Collier County Ordinance No. 2010-20. Funding shall automatically continue with no further action by the parties for an additional 5 years, provided that after conclusion of this initial fifth year, at least 30%of the Trust Fund has been expended,. At the conclusion of the tenth year,the parties will meet to discuss whether an additional extension is warranted. 1 Page 4653 of 4682 SECTION THREE: Creation of an Economic Trust Fund. The County hereby creates the Ave Maria Innovation Zone Trust Fund. The tax increment shall be deposited into the trust fund and the trust fund proceeds shall be utilized to implement the Economic Development Plan set forth in Section Four. The Trust Fund corpus will not exceed One Million Dollars ($1,000,000) in any single fiscal year and is subject to annual appropriation by the County. Up to 5% of the Trust Corpus shall be reserved as an annual administrative fee for the County. Upon termination of the Trust Fund any unspent and unencumbered proceeds shall revert to the County's General Fund. SECTION FOUR: Adoption of the Economic Development Plan. The purpose of the Ave Maria Innovation Zone is to attract and retain qualified targeted industry business as defined by Florida Statute 288.106. Trust funds may be utilized in any lawful manner, including infrastructure required to serve new target businesses or the expansion of an existing target business; payment of County Impact Fees to be paid by the new target business or the expansion of an existing target business; and payment of building permit fees or other County fees related to the construction of structures to serve the target business. Any payment of funds must be approved in advance by the Board of County Commissioners. All expenses must be fully documented in a manner acceptable to the County. THIS RESOLUTION ADOPTED after motion, second, and majority vote favoring same this 23 day of SVY t'Q 2015. ATTEST..\ BOARD OF COUNTY COMMISSIONERS DWIGHT E.BROCK,'Clorlk. COLLIER COUNTY, FLORIDA_ By: By: 4' . + `De Cl e 'TIM NANCE, CHAIRMANAttest , to heirmans signatu; Appro a ". ' . . and legality: it. J Jeffrey .1 atz ow, County Attorney 2 Page 4654 of 4682 a) v.o cr1 E cn ro a f0 rts C N coa-rn r4 'Erg H avow 110 1 rti ' c Z E . , - c f 5'E 1 ',.c.4-1414,i.rat , ,; f.) n t" Zlicc -cLIE ,- _ i L eq, w vl oc0060, 0 .- E 711111 I 1, mD1- 1- zulv0 1-- 1) V I 73 4.4611111,'". 141)_ 19. 4._ I g 1 I r ii# - 44_ 0 6,i-- g il% it op 4 11 . 110 14g11 ea Ell 0 dif, 4-11 1 111, 4141411 t q, jj1 % t i P4 ofs/ 0/I ; iii0oulaa4 k I i I411. 1i g ow El .)LL ,,,i I r, i: d11liosiatio 0 r ross rill°. 1146.61 f I i I E 1 V 41.11 7, OMR 11 11 vcailimill- i.H..", si i ear 1 , 1111=11. 0P/ Oh. 4111‘ Fra dt U8 ell g 3 impir, 1L L/ v, A II 4f .( .1 i i 1 0 0(0,0100 n0to i I Page 4655 of 4682 NOTICE OF PUBLIC HEARING NOTICE OF INTENT TO CONSIDER AN ORDINANCE Notice is hereby given that a public hearing will be held by the Collier County Board of County Commissioners commencing at 9:00 a.m. on August 12, 2025, in the Board of County Commissioners meeting room, third floor, Collier Government Center, 3299 East Tamiami Trail, Naples, FL, to consider: AN AMENDMENT TO ORDINANCE NO. 2010-20, COMMONLY REFERRED TO AS THE INNOVATION ZONE ORDINANCE, BY REMOVING ANY CAP ON ANY EXISTING INNOVATION ZONE TRUST FUND; AUTHORIZING THE BOARD TO TRANSFER INNOVATION TRUST FUNDS TO THE GENERAL FUND UPON A FINDING THAT THE AMOUNT HELD IN THE FUND IS GREATER THAN THE ANTICIPATED NEED OF THE INNOVATION ZONE; PROVIDING FOR CONFLICT AND SEVERABILITY, PROVIDING FOR INCLUSION IN THE CODE OF LAWS AND ORDINANCES, AND PROVIDING AN EFFECTIVE DATE. A copy of the proposed Ordinance is on file with the Clerk to the Board and is available for inspection. All interested parties are invited to attend and be heard. All persons wishing to speak on any agenda item must register with the County Manager prior to presentation of the agenda item to be addressed. Individual speakers will be limited to 3 minutes on any item. The selection of an individual to speak on behalf of an organization or group is encouraged. If recognized by the Chairman, a spokesperson for a group or organization may be allotted 10 minutes to speak on an item. Written materials intended to be considered by the Board shall be submitted to the appropriate County staff a minimum of 7 days prior to the public hearing. All materials used in presentations before the Board will become a permanent part of the record. As part of an ongoing initiative to encourage public involvement, the public will have the opportunity to provide public comments remotely, as well as in person, during this proceeding. Individuals who would like to participate remotely should register through the link provided within the specific event/meeting entry on the Calendar of Events on the County website at www.colliercountyfl.gov/our-county/visitors/calendar-of-events after the agenda is posted on the County website. Registration should be done in advance of the public meeting or any deadline specified within the public meeting notice. Individuals who register will receive an email in advance of the public hearing detailing how they can participate remotely in this meeting. Remote participation is provided as a courtesy and is at the user’s risk. The County is not responsible for technical issues. For additional information about the meeting, please call Geoffrey Willig at 252-8369 or email to Geoffrey.Willig@colliercountyfl.gov. Any person who decides to appeal any decision of the Board will need a record of the proceedings pertaining thereto and therefore, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is based. If you are a person with a disability who needs any accommodation in order to participate in this proceeding, you are entitled, at no cost to you, to the provision of certain assistance. Please contact the Collier County Facilities Management Division, located at 3335 Tamiami Trail East, Suite 101, Naples, FL 34112-5356, (239) 252-8380, at least two days prior to the meeting. Assisted listening devices for the hearing impaired are available in the Board of County Commissioners Office. BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA BURT L. SAUNDERS, CHAIRMAN Page 4656 of 4682 1 Business Impact Estimate This form should be included in the agenda packet for the item under which the proposed ordinance is to be considered and must be posted on the County’s website by the time notice of the proposed ordinance is published. Published on County website by: July 23, 2025 [expected legal advertising date] Proposed ordinance’s Short Title: AN AMENDMENT TO ORDINANCE NO. 2010-20, COMMONLY REFERRED TO AS THE INNOVATION ZONE ORDINANCE, BY REMOVING ANY CAP ON ANY EXISTING INNOVATION ZONE TRUST FUND; AUTHORIZING THE BOARD TO TRANSFER INNOVATION TRUST FUNDS TO THE GENERAL FUND UPON A FINDING THAT THE AMOUNT HELD IN THE FUND IS GREATER THAN THE ANTICIPATED NEED OF THE INNOVATION ZONE; PROVIDING FOR CONFLICT AND SEVERABILITY, PROVIDING FOR INCLUSION IN THE CODE OF LAWS AND ORDINANCES, AND PROVIDING AN EFFECTIVE DATE. This Business Impact Estimate is provided in accordance with section 125.66(3), Florida Statutes. If one or more boxes are checked below, this means the County is of the view that a business impact estimate is not required by state law1 for the proposed ordinance, but the County is, nevertheless, providing this Business Impact Estimate as a courtesy and to avoid any procedural issues that could impact the enactment of the proposed ordinance. This Business Impact Estimate may be revised following its initial posting. ☐ The proposed ordinance is required for compliance with Federal or State law or regulation; ☐ The proposed ordinance relates to the issuance or refinancing of debt; ☒ The proposed ordinance relates to the adoption of budgets or budget amendments, including revenue sources necessary to fund the budget; ☐ The proposed ordinance is required to implement a contract or an agreement, including, but not limited to, any Federal, State, local, or private grant or other financial assistance accepted by the county government; ☐ The proposed ordinance is an emergency ordinance; ☐ The ordinance relates to procurement; or 1 See Section 125.66(3)(c), Florida Statutes. Page 4657 of 4682 2 ☐ The proposed ordinance is enacted to implement the following: a. Development orders and development permits, as those terms are defined in Section 163.3164, and development agreements, as authorized by the Florida Local Government Development Agreement Act under Sections 163-3220- 163.3243; b. Comprehensive Plan amendments and land development regulation amendments initiated by application by a private party other than Collier County; c. Sections 190.005 and 190.046, Florida Statutes, regarding community development districts; d. Section 553.73, Florida Statutes, relating to the Florida Building Code; or e. Section 633.202, Florida Statutes, relating to the Florida Fire Prevention Code. In accordance with the provisions of controlling law, even notwithstanding the fact that an exemption noted above may apply, the County hereby publishes the following information: 1. Summary of the proposed ordinance (must include a statement of the public purpose, such as serving the public health, safety, morals and welfare): Upon adoption this item will eliminate the caps on all Innovation and Economic Development Zone Trust Funds; and allow for the transfer of funds held by Innovation Trust Funds back to the contributing funds, upon a finding that the amount held in the fund is greater than the anticipated need of the Innovation Zone. This action will encourage diverse economic opportunities by fostering a business-friendly environment. 2. An estimate of the direct economic impact of the proposed ordinance on private, for- profit businesses in the County, if any: (a) An estimate of direct compliance costs that businesses may reasonably incur; (b) Any new charge or fee imposed by the proposed ordinance or for which businesses will be financially responsible; and (c) An estimate of the County’s regulatory costs, including estimated revenues from any new charges or fees to cover such costs. None. 3. Good faith estimate of the number of businesses likely to be impacted by the proposed ordinance: 15 over 10 years. Page 4658 of 4682 3 4. Additional information the governing body deems useful (if any): [You may wish to include in this section the methodology or data used to prepare the Business Impact Estimate. For example: County staff solicited comments from businesses in the County as to the potential impact of the proposed ordinance by contacting the chamber of commerce, social media posting, direct mail or direct email, posting on County website, public workshop, etc. You may also wish to include efforts made to reduce the potential fiscal impact on businesses. You may also wish to state here that the proposed ordinance is a generally applicable ordinance that applies to all persons similarly situated (individuals as well as businesses) and, therefore, the proposed ordinance does not affect only businesses.] None. Page 4659 of 4682 ORDINANCE NO. 2018- 3 9 AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, ESTABLISHING THE INTERCHANGE ACTIVITY CENTER NO. 9 INNOVATION ZONE; PROVIDING FOR THE CALCULATION OF AN ANNUAL TAX INCREMENT AMOUNT WITHIN THIS INNOVATION ZONE; CREATING AN INNOVATION ZONE TRUST FUND FOR THE TRANSFER AND MAINTENANCE OF SUCH TAX INCREMENT AMOUNTS; SETTING FORTH THE ECONOMIC DEVELOPMENT PLAN FOR THIS INNOVATION ZONE; PROVIDING FOR CONFLICT, SEVERABILITY, AND INCLUSION IN THE CODE OF LAWS AND ORDINANCES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, in addition to its broad home rule powers, Collier County is expressly authorized under Section 125.045, Florida Statutes to "expend public funds for economic development activities, including,but not limited to, developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property, and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community;" and WHEREAS, Collier County previously adopted Ordinance No. 2010-20 providing for the creation of Innovation Zones, specifically finding as follows: It is the policy of the Board to promote economic growth which results in high wage jobs and helps diversify the economy of Collier County. To further this policy, it is the intent of the Board to create a dedicated source of revenue to fund an economic development program and to advance economic development initiatives in zones of geographic concentration within the unincorporated areas of the County. These zones, to be called Innovation Zones, will be designated by the Board from time to time through the implementation ofEconomic.Development Plans adopted by resolution for each Innovation Zone; " and WHEREAS, for many years development has unduly lagged within the industrial and commercial areas near the Interstate 75 and Collier Boulevard intersection; and WHEREAS, the Board believes that Innovation Zones spur economic development in Collier County by targeting specific industries with the potential to add high wage employment opportunities; and WHEREAS, the Board believes that it is in the substantial public interest to create an Innovation Zone around the industrial and commercial areas near the Interstate 75 and Collier Boulevard intersection to help accelerate this area's development,thereby creating both high wage jobs as well as a healthy tax base for the citizens of Collier County. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that: 1 Page 4660 of 4682 Section One: Definitions and Findings This Ordinance is intended to be a companion ordinance to Ordinance No. 2010-20,known as the Collier County Innovation Zone Ordinance. Accordingly, the Board of County Commissioners hereby adopts in full the definitions and findings set forth in Ordinance 2010-20, except for the Base Year Assessment Roll, which is defined below, and as modified hereby incorporates such definitions and findings as if specifically set forth below. Section Two. Establishment of the Interchange Activity Center No. 9 Innovation Zone. The Board of County Commissioners hereby creates the Interchange Activity Center No. 9 Innovation Zone. The Interchange Activity Center 9 Innovation Zone shall be comprised of Activity Center No. 9, as defined in the Future Land Use Element of the Collier County Growth Management Plan, together with additional adjacent vacant industrial land, as graphically described in Exhibit A. Section Three. Initial Tax Increment Year and Percentage. For purposes of establishing the Base Year Assessment Roll,the base year shall be the last Collier County Real Property Assessment Roll certified by the Property Appraiser for the County Fiscal Year beginning October 1, 2016. Tax increments shall commence to be deposited into the Trust Fund with the County fiscal year commencing on October 1, 2018, and funding shall continue through September 30, 2028, unless extended by majority vote of the Board by Resolution. The amount of the tax increment to be deposited into the Trust Fund shall be equal to 100% of the amount based on the formula set forth in Section 4(B) of Collier County Ordinance No. 2010-20. Section Four: Creation of an Economic Trust Fund. The County hereby creates the Interchange Activity Center No. 9 Innovation Zone Trust Fund. The tax increment shall be deposited into the trust fund and the trust fund proceeds shall be utilized to implement the Economic Development Plan set forth in Section Five. The Trust Fund corpus will not exceed One Million Dollars ($1,000,000) in any single fiscal year, and is subject to annual appropriation by the County. Up to 5% of the Trust Corpus shall be reserved as an annual administrative fee for the County. Upon termination of the Trust Fund, any unspent and unencumbered proceeds shall revert to the County's General Fund. Section Five: Adoption of the Economic Development Plan. The primary purpose of the Interchange Activity Center No. 9 Innovation Zone is to attract and retain qualified targeted industry business as defined by Florida Statute 288.106. Trust funds may be utilized in any lawful manner, including infrastructure required to serve new target businesses or the expansion of an existing target business; payment of County Impact Fees to be paid by the new target business or the expansion of an existing target business; and payment of building permit fees or other County fees related to the construction of structures to serve the target business. In addition to this primary purpose, trust funds may be utilized in any lawful manner 2 Page 4661 of 4682 which the Board of County Commissioners determines fosters economic development. Payment of funds are purely discretionary, and must be approved in advance by the Board of County Commissioners. All expenses must be fully documented in a manner acceptable to the County. Priority of funding will be for the development within the Interchange Activity Center No. 9 Innovation Zone, as graphically represented by Exhibit A. Section Six: Conflict and Severability. In the event this Ordinance conflicts with any other Ordinance of Collier County or other applicable law, the more restrictive shall apply. If any court of competent jurisdiction holds any phrase or portion of the Ordinance invalid or unconstitutional, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion. Section Seven: Inclusion in the Code of Laws and Ordinances. The provisions of this Ordinance shall become and may be made a part of the Code of Laws and Ordinances of Collier County,Florida. The section of the Ordinance may be renumbered or re-lettered to accomplish such, and the word "Ordinance" may be changed to "Section," Article," or any other appropriate word. Section Eight: Effective Date. This Ordinance shall take effect upon filing with the Florida Department of State. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County;-Florkcla, this'7-;- -day of July, 2018. ATI ES"I: BOARD OF COUNTY COMMISSIONERS CRYSTAL K-;KINZEL, Interim Clerk COLLIER U TY, FLOr re, 14 ., Coz)A By:L L_ /Ad est as to Chairman's A DY S S, AIRMAN re only. Appro der I w-m and ie ality: ELAN. + Jeffrey A. la1' ow, County Attorney i 1 \ This ordinance filed with the Secretary of State's Office the 1_`day of s . and acknowledjernertt o that filin. r- eived this la. doy of „t..:.r , e11$ alb.""P deouh. .tNNrM 3 Page 4662 of 4682 r_ F;‹- 3IBIT A N z o0N a leysg6ul>{ C N I ON ( act t A suun C " N — 2 ansa + s U d 0) oc c- o iE, N U) – LO LL km N 3 oys 0d O — o z f. k 1 E./ i ct? SI 3.: Alt \ co cY U' I I fri e 1Z ueuueis gad 01 osy awO° t 4i e 1 Q1 I U GA718 a91II09 8 AVM syeON 1 1 1 g o 1 1$ 031‘ sc\ R 1 110 m° ooigelPDeS LSZI Poon uoun8 o J as a° gee dJ aa dg m u ; s6uudS pled CO eilMen 1 aci Ss 90 Aooy o Page 4663 of 4682 IA:t61. Qt.c i A01"4:11/ mom 44'P 1Y- FLORIDA DEPARTMENT Of STATEri RICK SCOTT KEN DETZNER Governor Secretary of State July 12, 2018 Ms. Crystal K. Kinzel, Interim Clerk Collier County Post Office Box 413044 Naples, Florida 34101-3044 Attention: Teresa Cannon Dear Ms. Kinzel: Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your electronic copy of Collier County Ordinance No. 2018-39, which was filed in this office on July 12, 2018. Sincerely, 1 Ernest L. Reddick Program Administrator ELR/lb R. A. Gray Building • 500 South Bronough Street • Tallahassee, Florida 32399-0250 Telephone: (850) 245-6270 www.dos.state.fl.us Page 4664 of 4682 ORDINANCE NO.2018- 5 6 AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, ESTABLISHING THE GOLDEN GATE CITY ECONOMIC DEVELOPMENT ZONE; PROVIDING FOR THE CALCULATION OF AN ANNUAL TAX INCREMENT AMOUNT WITHIN THIS DEVELOPMENT ZONE; CREATING AN ECONOMIC DEVELOPMENT TRUST FUND FOR THIS DEVELOPMENT ZONE FOR THE TRANSFER AND MAINTENANCE OF SUCH TAX INCREMENT AMOUNTS; AUTHORIZING THE PLEDGE AND APPROPRIATION OF ECONOMIC DEVELOPMENT TRUST FUNDS;SETTING FORTH THE ECONOMIC DEVELOPMENT PLAN FOR THIS DEVELOPMENT ZONE; CREATING AND SETTING FORTH THE DUTIES OF THE GOLDEN GATE CITY ECONOMIC DEVELOPMENT ADVISORY BOARD; PROVIDING DEFINITIONS; PROVIDING FOR CONFLICT AND SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE OF LAWS AND ORDINANCES; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, in addition to its broad home rule powers, Collier County is expressly authorized under Section 125.045, Florida Statutes, to "expend public funds for economic development activities, including, but not limited to, developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property,and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community;"and WHEREAS,Collier County previously adopted Ordinance No. 2010-20 providing for the creation of Innovation Zones, specifically finding as follows: It is the policy of the Board to promote economic growth which results in high wage jobs and helps diversify the economy of Collier County. To further this policy, it is the intent of the Board to create a dedicated source of revenue to fund an economic development program and to advance economic development initiatives in zones of geographic concentration within the unincorporated areas of the County. These zones, to be called Innovation Zones, will be designated by the Board from time to time through the implementation of Economic Development Plans adopted by resolution for each Innovation Zone;"and WHEREAS,there is a compelling need for redevelopment within the commercial areas of Golden Gate City, whose specific needs require an approach that is substantially similar to, but not identical with, Innovation Zones as contemplated in Ordinance No. 2010-20; and WHEREAS, recognizing the need to spur economic development in Golden Gate City, Collier County has already taken over the water and sewer service for Golden Gate City in part to provide commercial property owners a solution to development constraints caused by limited service; and WHEREAS, Collier County wishes to continue to provide enhanced opportunities for economic development and redevelopment within the existing commercial areas within Golden Gate City. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER OUNTY, FLORIDA,that: 1 Page 4665 of 4682 Section One: Definitions and Findings This Ordinance is intended to be a companion ordinance to Ordinance No. 2010-20,known as the Collier County Innovation Zone Ordinance. Accordingly, the Board of County Commissioners hereby adopts in full the definitions and findings set forth in Ordinance 2010-20, except for the Base Year Assessment Roll,which is defined below,and as modified hereby incorporates such definitions and findings as if specifically set forth below. Section Two. Creation of the Golden Gate City Economic Development Zone. The Board of County Commissioners hereby creates the Golden Gate City Economic Development Zone,which shall constitute the entirety of Golden Gate City,as graphically described in Exhibit A. Section Three. Initial Tax Increment Year and Percentage. For purposes of establishing the Base Year Assessment Roll,the base year shall be the last Collier County Real Property Assessment Roll certified by the Property Appraiser for the County Fiscal Year beginning October 1, 2015. Tax increments shall commence to be deposited into the Trust Fund with the County Fiscal Year commencing on October 1, 2019, and funding shall continue through September 30, 2029, unless extended by majority vote of the Board by Resolution. The amount of the tax increment to be deposited into the Trust Fund shall be equal to 100%of the amount based on the formula set forth in Section 4(B)of Collier County Ordinance No. 2010-20. Section Four: Creation of an Economic Trust Fund. The County hereby creates the Golden Gate City Economic Development Zone Trust Fund. The tax increment shall be deposited into the trust fund and the trust fund proceeds shall be utilized to implement the Economic Development Plan set forth in Section Five. The Trust Fund corpus will not exceed One Million Dollars($1,000,000)in any single fiscal year and is subject to annual appropriation by the County. Up to 5% of the Trust Corpus shall be reserved as an annual administrative fee for the County. Upon termination of the Trust Fund any unspent and unencumbered proceeds shall revert to the County's General Fund. Section Five: Adoption of the Economic Development Plan. The primary purpose of the Golden Gate City Economic Development Zone is to attract and retain qualified targeted industry business as defined by Florida Statute 288.106 and such businesses or industries identified by the Board of County Commissioners. Trust funds may be utilized in any lawful manner, including infrastructure required to serve new target businesses or the expansion of an existing target business; payment of County Impact Fees to be paid by the new target business or the expansion of an existing target business;and payment of building permit fees or other County fees related to the construction of structures to serve the target business. In addition to this primary purpose,trust funds may be utilized in any lawful manner which the Board of County Commissioners determines fosters economic development. Payment of funds are purely discretionary, and must be approved in advance by the Board of County Commissioners. All expenses must be fully documented in a manner acceptable to the County. Priority of funding will be for the redevelopment and renewal of the commercial district along Golden Gate Parkway, as graphically represented by Exhibit A. 2 Page 4666 of 4682 Section Six: Creation of Golden Gate City Economic Development Zone Advisory Board. The Golden Gate City Economic Development Zone Advisory Board(hereinafter referred to as the Advisory Board) is hereby established. a)Appointment and Composition. The Advisory Board shall be composed of seven(7)members who are appointed by resolution of the Board of County Commissioners, and shall be representative of the residential, business and commercial interests of the Golden Gate City Economic Development Zone. Non-residential members of the Advisory Board need not live within Golden Gate City, and upon recommendation of the Commissioner of the District, may reside outside of Collier County. Members of the Advisory Board shall be appointed by and serve at the pleasure of the Board of County Commissioners. b)Terms of Office. The initial terms of office of the Advisory Board members shall be one year for three members, and two years for four members, and each appointment or re-appointment thereafter shall be for two years. Appointments to fill any vacancies on the Advisory Board shall be for the remainder of the unexpired term of office. c) Removal from Office. Removal of members from the Advisory Board shall be in accordance with the provisions of Collier County Ordinance No. 2001-55, as it may be amended or by its successor ordinance. d) Officer; Quorum; Rules of Procedure. Annually the members of the Advisory Board shall elect a chairperson and vice chairperson from among the members. The chairperson's and vice chairperson's terms shall be for one year with eligibility for re-election by the members of the Advisory Board. The presence of fifty-one percent (51%) of the current voting membership, but never less than three total,shall constitute a quorum of the Advisory Board necessary to take action and transact business. In addition, an affirmative vote of a simple majority shall be necessary in order to take official action. Furthermore, by simple majority vote, but never with less than 5 members present, the Advisory Board shall adopt rules of procedure for its meetings, and thereafter shall be governed by its Procedures, as adopted and amended from time to time, subject to the approval of the Board of County Commissioners. The Advisory Board shall keep a written record of meetings, resolutions, findings and determinations. Copies of all Advisory Board minutes, resolutions, reports and exhibits shall be submitted to the Board of County Commissioners. The Advisory Board meetings shall be open to the public and conducted in the Sunshine. e) Reimbursement of Expenses. Members of the Advisory Board shall serve without compensation, but shall be entitled to receive reimbursement for expenses reasonably incurred in the performance of their duties upon prior approval of the Board of County Commissioners. f) Functions, Powers and Duties of the Advisory Board. The function, powers and duties of the Advisory Board shall be to aid and assist the Board of County Commissioners in carrying out the purpose of the Golden Gate City Economic Development Zone, including but not limited to advising and assisting the Board of County Commissioners in the establishment, review and enhancement of policies and programs to attract businesses or industries to the Golden Gate City Economic Development Zone, reviewing and making recommendations on applications for funding through the Trust Fund, as well as handling any matters that may be assigned by the Board of County Commissioners. g) Duties of the County Manager's Office. The County Manager's Office will provide such documentation, information, descriptions of procedures, secretarial support and general assistance to the Advisory Board as may be necessary for the Advisory Board to carry out its functions as set forth herein. 3 Page 4667 of 4682 Section Seven: Conflict and Severability. In the event this Ordinance conflicts with any other Ordinance of Collier County or other applicable law, the more restrictive shall apply. If any court of competent jurisdiction holds any phrase or portion of the Ordinance invalid or unconstitutional,such portion shall be deemed a separate,distinct and independent provision and such holding shall not affect the validity of the remaining portion. Section Eight: Inclusion in the Code of Laws and Ordinances. The provisions of this Ordinance shall become and may be made a part of the Code of Laws and Ordinances of Collier County, Florida. The section of the Ordinance may be renumbered or re-lettered to accomplish such, and the word "Ordinance" may be changed to "Section," "Article," or any other appropriate word. Section Nine: Effective Date. This Ordinance shall take effect upon filing with the Florida Department of State. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County, Florida,thisN\-,day of kAcDy y k---2018. ATTEST: BOARD O OU' Y COM : !NIERS CRYSTAL K_KINZEL,Clerk COLLIE' CO IT ' • ' aAdutABy: C)CBy: Attesta ', epy_t lerk Andy Solis, Chairman tp atilt'' s9nna'Ure only. Approve, a 4 :Ill aregality: if Jeffrey A. ilatzk, , County Attorney This ordinance filed with the ItiS ret ry of .546` c s i Tice the 5ry of 1 0 and ocknowledgem a. ti of filinRg'r ceivee this y ofIJ0 / 1' 2, 125 By Dei, Ci 4 4 Page 4668 of 4682 AMMor- 63rd ST SW r7Tly Britney LN INTERSTATE 75 p! Cada CT O r„-. nu,. ne o rn cn r--: z x o b2nd SI SW O 1 1 4 r. 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""" ^ ls 9 D m N 5 I 1, • 3 to m 2•5_ No < 5 42nd TER SW . 2 . 42nd TER SW - ra m .. 1 a i < g m 9 - y ' 3 J•' 1 w. 42n, ST SW rma ` L 942nd ST SW i n M 41st TER SW 41st TER SW 41st TER SWC FM at II II a N MB 41st ST SW N 41st ST SW a' ( 41 1ST SW f r' II d 5 40th TER W f SaItALY A D • IIII U' CollierBLVDIIII t S COLLIER- BLVD gis D i-°.' m m m z f f f Page 4669 of 4682 1111 sTt FLORIDA DEPARTMENT 0 STATE RICK SCOTT KEN DETZNER Governor Secretary of State November 14, 2018 Ms. Crystal K. Kinzel, Clerk Collier County Post Office Box 413044 Naples, Florida 34101-3044 Attention: Ann Jennejohn Dear Ms. Kinzel: Pursuant to the provisions of Section 125.66, Florida Statutes,this will acknowledge receipt of your electronic copy of Collier County Ordinance No. 2018-56, which was filed in this office on November 14, 2018. Sincerely, Ernest L. Reddick Program Administrator ELR/lb R. A. Gray Building • 500 South Bronough Street • Tallahassee, Florida 32399-0250 Telephone: (850) 245-6270 www.dos.state.fi.us Page 4670 of 4682 ORDINANCE NO. 2020 - 04 AN ORDINANCE OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, AMENDING ORDINANCE NO. 2018-56, THE GOLDEN GATE ECONOMIC DEVELOPMENT ZONE ORDINANCE,IN ORDER TO INCREASE THE CAP OF REVENUES INTO THE INNOVATION ZONE'S TRUST FUND. WHEREAS, in addition to its broad home rule powers, Collier County is expressly authorized under Section 125.045, Florida Statutes, to "expend public funds for economic development activities,including,but not limited to,developing or improving local infrastructure, issuing bonds to finance or refinance the cost of capital projects for industrial or manufacturing plants, leasing or conveying real property, and making grants to private enterprises for the expansion of businesses existing in the community or the attraction of new businesses to the community;" and WHEREAS, Collier County previously adopted Ordinance No. 2010-20 providing for the creation of Innovation Zones, specifically finding as follows: It is the policy of the Board to promote economic growth which results in high wage jobs and helps diversify the economy of Collier County. To further this policy, it is the intent of the Board to create a dedicated source of revenue to fund an economic development program and to advance economic development initiatives in zones of geographic concentration within the unincorporated areas of the County. These zones, to be called Innovation Zones, will be designated by the Boardfrom time to time through the implementation of Economic Development Plans adopted by resolution_for each Innovation Zone;" and WHEREAS, in furtherance of Ordinance 2010-20, the Board of County Commissioners adopted Ordinance No. 2015-133, which established the Ave Maria Innovation Zone; Ordinance No. 2018-39, which established the Intersection Activity Center No. 9 Innovation Zone; and Ordinance No. 2018-56, which established the Golden Gate City Economic Development Zone; and WHEREAS, in order to help protect the County's General Fund, each of these three ordinances placed the following limitation into their respective Trust Funds: Words Underlined are added;Words Struel' Thr are deleted. Page 1 of 3 Page 4671 of 4682 The Trust Fund corpus will not exceed One Million Dollars ($1,000,000) in any single fiscal year and is subject to annual appropriation by the County;"and WHEREAS, in order to better promote economic growth, the Board wishes to amend Ordinance No. 2018-56 to increase the Trust Fund revenue limitation to$2 million in order to give the fund greater flexibility to meet the redevelopment objectives of the Golden Gate City Economic Development Zone. NOW, THEREFORE, BE IT ORDAINED by the Board of County Commissioners of Collier County, Florida, that: SECTION ONE: AMENDMENT TO SECTION FOUR OF ORDINANCE NO. 2018-56. Section Four, Creation of Economic Development Trust Fund, of Ordinance No. 2018-56, is hereby amended as follows: The County hereby creates the Golden Gate City Economic Development Zone Trust Fund. The tax increment shall be deposited into the trust fund and the trust fund proceeds shall be utilized to implement the Economic Development Plan set forth in Section Five. The Trust Fund corpus will not exceed ! •- ' ': - `: ..Two Million Dollars($2,000,000)in any single fiscal year and is subject to annual appropriation by the County. Up to 5% of the Trust Corpus shall be reserved as an annual administrative fee for the County. Upon termination of the Trust Fund any unspent and unencumbered proceeds shall revert to the County' s General Fund. SECTION TWO: CONFLICT AND SEVERABILITY. In the event this Ordinance conflicts with any other Ordinance of Collier County or other applicable law, the more restrictive shall apply. If any court of competent jurisdiction holds any phrase or portion of this Ordinance invalid or unconstitutional, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion. SECTION THREE: INCLUSION IN THE CODE OF LAWS AND ORDINANCES. The provisions of this Ordinance shall become and be made a part of the Code of Laws and Ordinances of Collier County, Florida. The sections of the Ordinance may be renumbered or re- lettered to accomplish such, and the word "ordinance" may be changed to "section," "article," or any other appropriate word. Words Underlined are added;Wordsck-Through are deleted. Page 2 of 3 Page 4672 of 4682 SECTION FOUR: EFFECTIVE DATE. This Ordinance shall be effective upon filing with the Department of State. PASSED AND DULY ADOPTED by the Board of County Commissioners of Collier County, Florida,thisI(' day of 33swaC'Y 2020. ATTEST:BOARD OF COUNTY COMMISSIONERS CRYST4LF7 iKINZEL, Clerk COLLIER CO I RIDA 5 J IC 4" e) #PIS Ir'= a.. i1 ," Yf _,- 4 Q .1. . By. 0 i.,0Clerk Will%m L. McDaniel,Jr. , Chairman M netut` n y c 11Sti 3t% Approve sjori1ega1ity: IP j i litt Jeffrey A. ' at ow, County Attorney I This ordinance filed with the ec `ory of SStt tees Office the ay of `]a irtU,C1 ,lr.r.ZO O and acknowledgeme t C thct il' g received this._._.. day 1a. . By IW ` 1 14 Words Underlined are added;Words Stfuslretagh are deleted. Page 3 of 3 Page 4673 of 4682 a tilt Sii/ G Z t 1xfit Attio FLORIDA DEPARTMENT Of STATE RON DESANTIS LAUREL M.LEE Governor Secretary of State January 15, 2020 Ms. Ann Jennejohn, BMR Senior Deputy Clerk Office of the Clerk of the Circuit Court Comptroller of Collier County 3299 Tamiami Trail, Suite#401 Naples, Florida 34112-5324 Dear Ms. Jennejohn: Pursuant to the provisions of Section 125.66, Florida Statutes, this will acknowledge receipt of your electronic copy of Collier County Ordinance No. 2020-04, which was filed in this office on January 15, 2020. Sincerely, Ernest L. Reddick Program Administrator ELR/lb R. A. Gray Building • 500 South Bronough Street • Tallahassee, Florida 32399-0250 Telephone: (850) 245-6270 www.dos.state.fl.us Page 4674 of 4682