Agenda 03/23/2010 Item #16A 8Agenda Item No. 16A8
March 23, 2010
Page 1 of 21
EXECUTIVE SUMMARY
Recommendation to approve Amendment Number 1 to the Second Memorandum of Agreement
and Support relating to the Revenue Distribution Approach for Rural Areas of Critical
Economic Concern (RACEC) Catalyst Project For Economic Development - South Central
Florida RACEC and authorize the Chairman to sign the Agreement on behalf of Collier County
OBJECTIVE: Recommendation that the Board of County Commissioners (Board) approve
Amendment Number 1 to the Second Memorandum of Agreement and Support relating to the
Revenue Distribution Approach for Rural Areas of Critical Economic Concern (RACEC) Catalyst
Project For Economic Development - South Central Florida RACEC and authorize the Chainnan to
sign the Agreement on behalf of Collier County.
CONSIDERATIONS: Among Entt,'Iprise Florida, Inc.'s (EFI) six priorities to support economic
diversification, The Roadmap to Florida's Future: 2007-12 Strategic Plan for Economic Development
calls for implementation of an economic stimulus strategy for three Rural Areas of Critical Economic
Concern (RACECs). The area of Immokalee, as well as the municipalities of South Bay, Belle Glade
and Pahokee, and the Counties of Hardee, DeSoto, Highlands, Okeechobee, Glades, and Hendry, have
been designated as the South Central RACEC.
The strength of a customized regional approach to rural economic development is proven. Based on the
regional approach championed during the 2005 Roadmap process, a 7-point action agenda for rural
Florida was adopted, leading to a $2 million appropriation for the establishment of the Rural Economic
Development Catalyst Project. The Catalyst Project will identify target industry clusters for each of the
three Rural Areas of Critical Economic Concern and develop a direct marketing strategy to recruit
rainmaker projects in these clusters to the RACECs. The Regional Partner Organization for the
Catalyst Project and other South Central RACEC activities is Florida's Heartland Rural Economic
Development Initiative (FHREDI).
Since its establishment in 2004, the Rural Economic Development Catalyst Project has employed a
regional economic development approach to recruit high growth industries into mainly rural regions of
Florida. A series of public forums held in the state's three RACECs resulted in the selection of target
industries and a prioritiz.ation of geographic sites for. economic development. The long-term goal is to
attract new business and capital investment to all of the prioritized sites.
On January 1, 2007 the original Memorandum of Agreement (MOA) was executed by Collier County.
The Second Memorandum of Agreement, executed by Collier County on July 22, 2008 provided that
Collier County agreed to use its best efforts in good faith to join with the other governing bodies within
the South Central RACEC having approved and adopted this MOA.
Amendment No. 1 to the Second MOA, the subject of Board consideration, amends the size of the
priority Catalyst Site, which is the Sebring Regional Airport and Commerce Park, from the original
240 acres to 100 acres. Approval and adoption of Amendment No. 1 to the Second MOA is required
in order for any local government to participate in, and thereby secure, the prospective allocations, if
any, of the South Central Florida RACEC Revenue Distribution Model.
Agenda Item No. 16A8
March 23, 2010
Page 2 of 21
FISCAL IMPACT: There is no funding required by Collier County to participate in this program.
Collier County may realize revenue by participating in this program through the approval of the MOA
as outlined in the RACEC Revenue Distribution Model, even if there is no local funding provided,
GROWTH MANAGEMENT IMPACT: This application is consistent with the Economic Element
of the Growth Management Plan, specifically Objective 1.3 that 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 diversity the County's economic base."
LEGAL CONSIDERATIONS: The County Attorney has reviewed this item and finds no legal
issue. -JAK
RECOMMENDATION: That the Board of County Commissioners approve Amendment Number 1
to the Second Memorandum of Agreement and Support relating to the Revenue Distribution Approach
for Rural Areas of Critical Economic Concern (RACEC) Catalyst Project For Economic Development
- South Central Florida RACEC and authorize the Chairman to sign the Agreement on behalf of
Collier County. It is further recommended that if any revenue is generated from this program that it
will be dedicated for and used to assist in providing additional funding for the County's economic
development incentive programs, including: Fee Payment Assistance Pro!,'fam, Job Creation Program
and Job Retention Program. This revenue will remain in the fund until they are expended through the
incentive program procedures.
Prepared by: Kristi Bartlett, Business Relationship Manager
Economic Development Council of Collier County
Through: Amy Patterson, Impact Fee and Economic Development Manager, CDES
Item Number:
Item Summary:
Meeting Date:
Agenda Item No. 16A8
March 23, 2010
Page 3 of 21
COLLIER COUNTY
BOARD OF COUNTY COMMISSIONERS
16A8
Recommendation to approve Amendment Number 1 to the Second Memorandum of
Agreement and Support relating to the Revenue Distribution Approach for Rural Areas of
Critical Economic Concern (RACEC) Catalyst Project For Economic Development South
Central Florida RACEC and authorize the Chairman to sign the Agreement on behalf of
Collier County.
3/23/2010 9:00:00 AM
Date
Prepared By
Amy Patterson
Community Development &
Environmental Services
Manager - Impact Fees & EDC
Business Management & Budget Office
3/16/201010:54:37 AM
Approved By
Date
Judy Puig
Community Development &
Environmental Services
Operations Analyst
Community Development &
Environmental Services
3/16/20102:34 PM
Date
Approved By
Nick Casalanguida
Transportation Division
Director - Transportation Planning
Transportation Planning
3116/20102:47 PM
Date
Approved By
OMS Coordinator
County Manager's Office
Office of Management & Budget
3/16/20102:56 PM
Date
Approved By
Mark Isackson
Office of Management &
Budget
Management/Budget Analyst, Senior
Office of Management & Budget
3/16/20103:58 PM
Agenda Item No. 16A8
March 23, 2010
Page 4 of 21
Amendment # 1 to the
Second Memorandum of Agreement
Revenue Distribution Approach for RACEC
Catalyst Project for Economic Development -
South Central Florida RACEC
The following provisions contained in the Second Memorandum of
Agreement (MOA), which has been entered into between DeSoto County
Board of Commissioners, Glades County Board of Commissioners, Hardee
County Board of Commissioners, Hendry County Board of Commissioners,
Highlands County Board of Commissioners, Okeechobee County Board of
Commissioners, Sebring Regional Airport and Industrial Park Community
Redevelopment Agency, City of Belle Glade, City of Pahokee, City of
South Bay, Collier County Board of Commissioners (for Immokalee),
Governor's Office of Tourism, Trade, and Economic Development, and
Enterprise Florida are hereby amended as follows [underlined text is added;
strike through text is deleted):
(From Page 1)
WHEREAS, the priority Catalyst Site is identified and defined as Sebring
Regional Airport and Commerce Park,128 Authority Lane, Sebring,
Florida - ~ 100 acres and mapped in MOA Attachment A Al which
replaces A in its entirety and is attached hereto.
WHEREAS, all other terms shall remain the same.
Page 1 of3
Agenda Item No. 16A8
March 23, 2010
Page 5 of 21
Governor's Office of Tourism, Trade and
Economic Development
Enterprise Florida, Inc.
By:
By:
Name:
Name:
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Title:
Title:
Date:
Date:
Rural Area of Critical Economic Concern
Partner
(Name of Entity)
By:
Name:
Title:
Date:
Page 2 of3
Agenda Item No. 16AB
March 23, 2010
Page 6 of 21
ATTACHMENT Al (Replaces Attachment A)
Sebring Regional Airport and Commerce Park Aerial Map
128 Authority Lane, Sebring, FL - 100 acres
County Property Appraiser Parcel ID Numbers
C083530A0000100000
C053530AOOOO
Page 3 of3
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Collier County
Board of County Commissioners
3301 E. Tamiami Trail
Naples, FL 34112
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.' Enterprise Florida
Agenda Item No. 16A8
March 23, 2010
Page 7 of 21
February 24, 2009
Dear Commissioners:
RE; Rural Catalyst Project Memorandum of Agreement
Please find enclosed the fully executed Rural Catalyst Project "Second Memorandum of
Agreement" (MOA) for Collier County. This MOA outlines the host sites and allocation
distribution formulas for the Rural Catalyst Project with Collier County In conjunction with
Enterprise Florida and the Governor's Office of Tourism, Trade, and Economic
Development.
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If you have any questions regarding the MOA or the Rural Catalyst Project, please feel
free to contact me.
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Sincerely,
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Bridget M. Merrill
Vice President, Targeted Opportunities
cc: Joan Yasharian, Economic Development Council of Collier County
Governor Charlie Crist, Chairman
Allan G. Bense, Vice Chairman
John A. Adams, Jr" President & CEO
The Atrium Building, Suite 201 . 32S John Knox Road
Tallahassee, Florida 32303 . T 850.298.6620 . F 850.298.6659
Agenda Item No. 16A8
March 23, 2010
Page 8 of 21
Second Memorandum of Agreement
Revenue Distribution Approach for RACEC Catalyst
Project for Economic Development-
South Central Florida RACEC
Second Memorandum of Agreement and Support: Approach to Identification and
Distribution of Incremental Revenues from Catalyst Project for Economic Development-
Florida's South Central Rural Area of Critical Economic Concern (RACEC).
WHEREAS, a First Memorandum of Agreement (MOA), identified as Memorandum of
Agreement and Support: Catalyst Project for Economic Development - Florida's Rural
Areas of Critical Economic Concern (RACECs), was approved by the following local
governments in 2007: Desoto County; Glades County, Hardee County; Hendry County;
Highlands County; Okeechobee County; City of Belle Glade; City ofPahokee; City of
South Bay; Collier County (for the Area ofImmokalee), Sebring Regional and Industrial
Park Redevelopment Agency; and
WHEREAS, the First MOA continues to accurately state the purpose, statutory footing,
and aspirations of the RACEC Catalyst Project, and is hereby incorporated by reference;
and
WHEREAS, approval and adoption of the First MOA was, in part, a condition for local
government participation in the December 2006 Request for Sites (RFS) process,
including submission of sites, and participation in a final evaluation and selection of the
priority Catalyst Project site; and
WHEREAS, the priority Catalyst Site was identified and selected by representatives of
each county with local government signatories on the Firs,t MOA on April 27, 2007; and
WHEREAS, the priority Catalyst Site is identified and defined as Sebring Regional
Airport and Commerce Park,128 Authority Lane, Sebring, Florida - 240 acres and
mapped in MOA Attachment A; and
WHEREAS, local governments and other stakeholders in the South Central Florida
RACEC have continued to meet as a team and make good progress since the
identification of the priority Catalyst Project site, specifically in the consideration and
crafting of a Revenue Distribution Model; and
Page 1 of I I
Agenda Item No. 16A8
March 23, 2010
Page 9 of 21
WHEREAS, the crafting of and agreement on an agreed upon Revenue Distribution
Model is the next step in a project designed to ultimately market the priority Catalyst
Project site to target industry(ies), and secure industry investment and employment
opportunities; and
WHEREAS, Collier County desires to participate in the long-term economic and job
benefits of securing target industry(ies) at the Catalyst Project site by ensuring that
incremental increases in ad valorem value are strategically distributed using a Revenue
Distribution Model throughout the South Central Florida RACEC; and
WHEREAS, a Revenue Distribution Model has been created specifically for the South
Central Florida RACEC through team discussions, which:
Honor a guiding principle that jurisdictions sharing in the planning,
investment, implementation and operation/service of the Catalyst Project
should also be eligible to share in revenues generated by the project,
Emphasize a commitment to regional stewardship,
Recognize and responds to the economic challenges and opportunity gaps
that exist throughout the Region,
Encourage contributions by local governments to improve the Catalyst
Project site's competitiveness,
Ensure recovery of costs born by the county in which the Catalyst Site is
located (hereafter Host County) for administration and management, and
Seek simplicity in all factors and formulae whenever possible;
and
WHEREAS, the value of the incremental ad valorem real and personal property tax
revenues used in the Revenue Distribution Model should be restricted to business and
their related economic activities on the specific Catalyst Site only, as identified and
defined above, and
WHEREAS, the natural administrator of the Revenue Distribution Model is the Host
County; and
WHEREAS, the Host County is Highlands County;
WHEREAS, three (3) components of funding/contributions are anticipated for the
Catalyst Proj ect site in the form of:
administrative and operating and maintenance (O&M)
responsibilities of the Host County,
financial or qualified in-kind local government contributions
towards infrastructure, incentives, or any overall competitive
improvements,
State and Federal investments/grants,
and
Page 2 of I I
Agenda Item No. 16A8
March 23, 2010
Page 10 of 21
WHEREAS, distributions identified and derived through the Revenue Distribution
Model are prospective and dependent on a range of business investments, site decisions,
growth, and market conditions; and
WHEREAS, Collier County is eager to assist in the preparation of the Catalyst Project
site for marketing, and ultimate business investments in infrastructure and jobs.
NOW T~EREFORE, the Collier County Board of County Commissioners, through
approval and adoption of this MOA, agrees to and authorizes:
Utilization of the South Central Florida RACEC Revenue Distribution
Model (Sections 1 and 2, below) for all applicable and qualified
transactions, contributions, and schedules pertaining to the above
described Catalyst Project site; and
The Host County or its Designee to manage and administer the South
Central Florida RACEC Revenue Distribution Model pursuant to cost
recovery, data updates, reporting and other responsibilities in Section 3.
Approval and adoption of this MOA is required in order for any local government to
participate in, and thereby secure, the prospective allocations, if any, of the South Central
Florida RACEC Revenue Distribution Model.
The above recitals are true and correct and are hereby incorporated by reference.
Section 1. The South Central Florida RACEC Revenue Distribution Model
will:
a. Be administered, managed and updated by the Host County
Administrator or its approved Designee.
b. Be applied only to incremental increases to, or any levels of
collection above, the Initial Benchmark in real and personal
property ad valorem taxes for the South Central Florida
RACEC Catalyst Site.
c. Require an Initial Benchmark in real and personal property ad
valorem taxes to be established no later than August 1, 2008
based on ad valorem taxes as of May 1, 2008.
d. Be applied exclusively to the South Central Florida RACEC
Catalyst Site as defined and described above.
e, Be Applied one time per-year (annually), between May 1 and
July 31 by and at the discretion of the Host County
Administrator, beginning in 2009, based on the Incremental
difference between the Initial Benchmark and the current ad
valorem assessment(s).
Page 3 of II
Agenda Item No. 16A8
March 23, 2010
Page 11 of 21
Section 2. The South Central Florida RACEC Revenue Distribution Model
operates through the following steps:
a. Establish a Qualified Pool of actual real and personal property
ad valorem revenues based on the difference between last tax
assessment before Initial Benchmark and the current ad
valorem assessment.
b. Identify the Host County Administrator's Administrative and
O&M costs (pursuant to Section 3.c).
c. Subtract Host County Administrator's Administrative and
O&M costs from the Qualified Pool.
d. Host County Administrator's Administrative and O&M costs
are recouped by the Host County or its Designee.
e. What remains of the Qualified Pool, if any dollars remain, is
the amount of Revenues Eligible For Distribution
f. Revenues Eligible For Distribution will be distributed to
signatories of the Second MOA based on two (2) components
of investments in the South Central Florida RACEC Catalyst
Site: Local Contributions (first component); and State And
Federal Contributions (second component).
g. For Local Contributions (first component), Total Local
Contributions are to be calculated pursuant to Section 3.f. of
this MOA.
h, In recognition of the need to provide encouragement for Local
Contributions (first component), the Total Local Contributions
receive additional weighting of a factor of 1.5 (Multiply Total
Local Contributions by 1.5) resulting in an Adjusted Local
Contribution.
i. State and Federal Contributions (second component) are
calculated, in combination, based on all state and federal
sources (pursuant to Section 3.g).
j. The Adjusted Local Contribution and the combined State and
Federal Contributions are added together to create an Adjusted
Totalfor Local, State and Federal Contributions,
k. The percentage (%) share of the Adjusted Totalfor Local, State
and Federal Contributions is calculated for the Adjusted Local
Contribution and the combined State and Federal
Contributions (Adjusted Local Contribution = _%, and
State and Federal Contributions = _% of Adjusted Totalfor
Local, State and Federal Contributions); and the two (2)
percentage shares must add up to 100% of the Adjusted Total
for Local, State and Federal Contributions.
\. The percentage (%) shares in Section 3.k, above, are multiplied
by the Total Revenues Eligible for Distribution, pursuant to
Section 2.e, above, resulting in two pools with clear dollar
Page 4 of II
Agenda Item No. 16A8
March 23, 2010
Page 12 of 21
values available for distribution: a Local Contributions
Distribution Pool for signatories that have contributed to the
RACEC Catalyst Site; and a Regional Distribution Pool for all
signatories.
m. Dollars in the Local Contributions Distribution Pool are
distributed to signatories based on their jurisdictions' shares, if
any, of the cumulative Total Local Contributions during the
life of the RACEC Catalyst Project.
n. Dollars in the Regional Distribution Pool are distributed to all
signatories, without a requirement to make local contributions
to the RACEC Catalyst Site, based on the following weighted
economic/demographic factors.
Size of Jurisdiction.
Economic Distress.
Economic Distress.
Economic Distress.
Population - 40%
Employment Per Capita - 25%
Average Wage Per Job - 20%
Poverty Rate - 15%
The Data and Indices generated to calculate these shares is
found in Attachment B.
o. Weighted factors in Section 2.n shall be adjusted or otherwise
trued-up by the Administrator every three (3) years based on
generally-accepted and auditable sources of economic and
demographic data.
Section 3, The South Central Florida RACEC Distribution Model is
administered and managed as follows:
a, The Host County serves as the Administrator, and the Host
County for the South Central Florida RACEC Catalyst site is
Highlands.
b. The Host County may utilize a Designated Organization if the
Designee is a not-for-profit or Government agency with
infrastructure and competencies suitable to the assignment and
the Designee is approved by all signatories ofthe Sec,ond MOA
c. Administrative and O&M costs in Section 2.d., above, may
include reasonable costs associated with the RACEC Catalyst
Project site, financial statements, recording and valuation of
local contributions, preparation and distribution of Annual
Reports, research to update demographic and economic factors
in Section 2.n. and .0., above, maintaining or improving public
facilities directly related to the RACEC Catalyst Site such as
access roads, provision oflaw enforcement or security services
specific to the RACEC Catalyst Site, and compliance with
regulations, codes and ordinances.
Page 5 of J1
d. Oversight regarding the Administrator's responsibilities and
activities set out in this MOA, including but not limited to
Administrative and O&M cost recovery, in-kind valuation,
application of the Distribution Model, and distribution of
Revenues Eligible for Distribution, shall be provided by
unanimous agreement of the signatories. At a minimum,
signatories must provide an oversight function that provides the
Administrator with a forum to present updates on the RACEC
'Catalyst site and execution of responsibilities and activities at
last three (3) times per year, including an overview of the
Annual Report. Should the signatories create and authorize an
Audit Committee to review proper and effective Application of
the Distribution Model and recovery of Administrative and
O&M costs, the Administrator will provide pertinent records
and documentation upon reasonable notice. A delay in decision
to provide oversight, does not limit, delay or alter the
implementation, responsibilities or operation of this MOA.
Should the signatories determine that they are not in the best
position to provide oversight as described above, or delay a
decision for a period that limits the values of oversight, the
signatories, through a unanimous decision, may seek, institute,
and authorize alternative 3 rd party oversight by an organization
with resources and competencies required to review
Administrator's responsibilities and activities. Regional
organizations focused on economic development, like Florida's
Heartland Regional Economic Development Initiative, Inc.,
may be used to convene or administer oversight meetings and
discussions.
e. The Administrator uses its best efforts to comply with every
part and section of this MOA. The Administrator ensures that
the value of ad valorem revenues received, for any reason, after
the RACEC Distribution Model is applied, pursuant to Section
3, is accrued and allocated in the following year without
additional revenues, if any, which were derived from interest,
penalty or fines.
f. Costs related to property assessment, any appeals to assessed
values or other notices, or the collection of ad valorem taxes
are not recoverable as Administrative and O&M costs.
g. Financial and in-kind Local Contributions outlined in Section
2.g., above, are identified and valued on the date of delivery or
deposit by the contributing jurisdiction. However, if the Local
Contribution involves the provision of services such as
maintenance, installation, construction, drafting, or planning,
then the fair market value of the services will be valued at the
completion of the services. The Administrator is responsible
Page 6 of I 1
Agenda Item No. 16A8
March 23, 2010
Page 13 of 21
Agenda Item No. 16A8
March 23, 2010
Page 14 of 21
from the First MOA. No Local Contribution is required for this MOA to be effective and
operational.
This MOA constitutes the entire agreement of the signatories hereto and the terms and
provisions hereof shall be amended only by written instrument executed by all
signatories.
Governor's Office of Tourism, Trade and
Economic Development
Enterprise Florida, Inc.
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By: lI~ If
Name: Tom Henning
Title: Chairman, Collier County Board of
County Commissioners
Date: J (.( l i .2 ~: ~ 00 ~
Page 8 of 11
Agenda Item No. 16A8
March 23, 2010
Page 15 of 21
ATTACHMENT A
Sebring Regional Airport and Commerce Park Aerial Map
128 Authority Lane, Sebring, FL - 240 acres
Countv Propertv Appraiser Parcel rD Numbers
C083530AOOOOIOOOOO
C053530A0000200000
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August 6. 2007
The Honorable Dwight Brock
Clerk of Circuit Court
Collier County
3301 East Tamlami Trail
Building L, 5"' Floor
Naples. Florida 34112
RE: Rural Catalyst Projed Mamorandum of Agreement
. .
Dear Mr, Brock
Please find enclosed the fully executed Rural Catalyst Projed Memorandum of Agreement
(MOA) for CoRier County, This MOA outlines the participation and support of the Rural
Catalyst Projed by Collier County in conjundion wlth Enterprise Florida and the Govemor's
Office of Tourism, Trade, and Economic Development,
It you have any questions regarding the MOA or the Rural Catalyst Projed, ple.se feel free
to contad me,
Sincerel~ '
~
Senior Director, Rural Competitiveness and Policles
cc: Joan Yasharian, Economic Development Council of Collier County
Governor Chartl. Crist, CI1aim!t'l . Thomas G, Kuntz, VIce Ch.irman . John A, Adams Jr" Preoident & CEO
The AtliJm Building, Suite 201 . 325 John Knox Road . T.lleh....., FIOrld. 32303 . T B50,298,662O . F 850,2966659
Agenda Item No, 16A8
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Memorandum of Agreement
Memorandum of Agreement and Support: Catalyst Projectfor Economic Development-
Florida's Rural Areas of Critical Economic Concern (RACECs)
WHEREAS, Florida's rural counties share similar gaps in the level ofavcrage wages,
business and industry development, as well as household and per capita income relative
to the rest of the State and the United States; and
WHEREAS, Governor Jeb Bush has designated three (3) Rural Areas of Critical
Economic Concern (RACECs) in order to encourage shared regional, collaborative
approaches to economic development pursuant to Section 288,0656 (7), Florida Statutes'
and " , '
WHEREAS, the designated portion ofCollicr'County, Florida is a part of the South
Central RACEC; and
WHEREAS, Enterprise Florida, Inc, (BFI), Florida's public/private partnership for
economic development, was charged with creating a statcwide strategic plan for
economic development, and in 2003 convened Regional Forums in all RACECs to
detennine regional priorities and formulate action plans for the diversification of rural
economies; and
;-
WHEREAS, all RACECs have worked together through regional Rural Forums and a
Statewide Summit to create Florida's 7.point Plan for Rural Economic Development
(The 7-Point Plan), which includes a call for the creation ofa regional markc:ting
initiatives that could not otherwise be available without regional collaboration; and
WHEREAS, Enterprise Florida, [nc, incorporated F10rida 's 7-poiM Plait into The
Roadmap 10 Florida's Future, the 200.t.2008 Btrategic economic development plan for
Florida and submitted this plan to Governor Bush, the President of the Senate. and the
Speaker of the House; and
WHEREAS, Florida's Legislature responded to The 7-palllt Plan's call for regional
marketing initiatives in the RACECs by funding regionally-based target industry
research. and identification, improvement and marketing of suitable regional sites that are
attractive to industries of the future; and
WHEREAS, Collier County desires to work with other local govermnents on a regional
basis for the purpose of improving access to economic md trending data, explore
approaches for marketing business and industry opportunities. and promote opportunities
that lead to new industry investment and new jobs creation and;
Agenda Item No. 16A8
Agenda lteMN8h~1W10
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10 7!e 170f23
WHEREAS, the intent of identification, improvement and marketing of regional sites is
to facilitate the location of significant job creation opportunities, known as Catalyst
Projects; and
WHEREAS, formal documentation of Collier County's participation in this regional
effort is needed to demonstrate to state and regional agencies that the South Central
RACEC is working as a region for the purpose of achieving a shared economic
development agenda incl uding the evaluation of economic and target industry data and
the seJection of the best possible target industries forthe Catalyst Project, and as a region,
wishes to benefit from agency partnerships and resources that could improve a regional
site for such Project; and
WHEREAS, The Rural Economic DevelopmeEt Inili.ative (REDJ) was created to
encourage and align critical state agency participation and investment around important
rural issues and opportunities as described in Section 288,0656, Florida Statutes; and
WHEREAS, as coordinated by Tbe Office of Tourism, Trade and Economic
Development (OTTED), REDI agencies are participating in tbe Catalyst Project by
sbaring analytical tools, eliminating waste and duplication in review of proposed catalytic
sites, and anticipating potential infrastructure gaps in the catalytic sites selected; and
WHEREAS, the Collier County's RACEC's designation is contingent upon the
execution of the OTTED Memorandum of Agreement by Collier County (F,S, 288,0656
(7)); and
WHEREAS, approval and adoption of this Memorandum of Agreement (MOA) is
further required by OTTED and EFI in order for lmmokalee, Collier County, Florida to
submit sites for consideration as a regional catalytic site, and join with other regional
MOA participants and REDl agencies in identifying the best regional catalytic site,
NOW THEREFORE, Collier County, through approval and adoption of this
Memorandum of Agreement, agrees (0 use its best efforts in good faith to join with the
other governing bodies within the South Central RACEC having approved and adopted
this MOA in the following activities and positions:
1) Support of a regional approach to economic and target industry research, and
participation in the evaluation of such research;
2) Sharing ofthe research process, meeting dates, progress reports, and research
content among RACEC partners;
3) Participation in Catalyst Project meetings and discussions;
4) Mutual encouragement of RED 1 agency strategic involvement in the Catalyst
Project;
5) Regional collaboration to make clear, shared decisions about the target industries
of the future and the best possible impact or long-term economic ripple-effect of
such industries;
6) Provision of one or multiple sites for Catalyst Project consideration;
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Agenda Item No. 16A8
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lOC
7) Participation in a final evaluation and selection (Strengths, Weaknesses;
Opportunities and Threats Analysis) of the best Catalyst project site;
8) Direct participation in Catalytic Site based marketing communications; and
9) Regional collaboration on the creation of 8 framework and methodology for
sharing the benefits of a Catalytic Industry or Industries locating in a target site,
Participation in this MOA is a condition for RACEC partners participation in items 6
through 9,
Nothing in this MOA or in the Catalyst Project as a whole shall be construed to limit a
chamber of commerce, unit oflocaJ government, public-private partnership, not-for-profit
cotpOration, economic development organization, or general community access 10 and
utilization oftarget industry and marketing da~ and I!roducts,
This MOA may be tenninated by any party for any reason upon written notice 10 the
other parties,
Governor's Office of Tourism, Trade
and Economic Development
Title
Rural Area of Critical Economic
Concern Partner
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