Resolution 2025-165 RESOLUTION NO.2025-165
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
COLLIER COUNTY, FLORIDA, EXTENDING THE AVE MARIA
INNOVATION ZONE BY TEN YEARS TO SEPTEMBER 30,2035.
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, LLLP is the 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;and
WHEREAS,the Ave Maria Innovation Zone was created by Resolution 2015-133 on June 23,2015;and
WHEREAS,the Ave Maria Economic Trust Fund will expire on September 30,2025;and
WHEREAS,the parties wish to extend the Ave Maria Economic Trust Fund by 10 years.
NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF
COLLIER COUNTY, FLORIDA,that:
The Ave Maria Economic Trust Fund is hereby extended 10 years to September 30,2035-
THIS RESOLUTION ADOPTED after motion,second,and majority vote favoring same this 'A
G, day
ATTES '
4,, ' BOARD OF COUNTY COMMISSIONERS
Crystal Z.,Kini-,1 a+e;: Couzs COLLIER COUNTY, FLORIDA
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• , 1y pr:uty Clerk Burt L. Saunders,Chairman
Attest as to Chairman's
1 ature only
Approved- d lega rty:
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Jeffrey A. 7 tzkoy my Attorney