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Resolution 2004-075 RESOLUTION NO. 04 .:.~ 16Al~ A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, SUPPORTING SAFIRE AIRCRAFT COMPANY AS A QUALIFIED APPLICANT PURSUANT TO SECTION 288.106, FLORIDA STATUTES; AND PROVIDING AN APPROPRIATION OF $1,330,000 AS LOCAL PARTICIPATION IN THE QUALIFIED TARGET INDUSTRY (QTI) TAX REFUND PROGRAM AND BROWNFIELD AREA TAX REFUND PROGRAM; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Safire Aircraft Company, a manufacturer and designer of a new generation of light jet aircraft; and WHEREAS, Safire Aircraft Company is currently considering relocation of its manufacturing operations out of the State of Florida; and WHEREAS, Satire Aircraft Company is likewise considering a relocation of its manufacturing operations to Collier County, Florida; and WHEREAS, it is the policy of the State of Florida and Collier County to encourage the creation of high value-added employment and growth of the County's economic base by providing tax refunds to qualified targeted industries (QTI) that create high-wage job opportunities; and WHEREAS. Section 288.106 (3)(a) 9., Fla. Stat. (2003), requires an applicant requesting certification as a qualified targeted industry to provide, among other things, a resolution adopted by the board of county commissioners in which the proposed project is to be located, recommending that the target business be approved as a qualified target industry and that the commitment of local financial support necessary for the target business industry exists; and WHEREAS, these required QTI incentives, if created, will provide an inducement for Safire Aircraft to locate its manufacturing opportunities to Collier County: and 16A14 WHEREAS. the Safire Aircraft Company's operations will create up to 700 net .. new jobs in Collier County by 2010, and the wages paid for these additional jobs will average $46,491, which is 150% of Collier County's average wages for 2002. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA that the Board of County Commissioners (Board) hereby recommends that pursuant to Section 288.106, Florida Statutes, Safire Aircraft Company be approved as a Qualified Target Industry Business, and BE IT FURTHER RESOLVED that the Board has reviewed the public or private resources available for local financial support and determined that the County can provide the necessary eommitment of local financial support for Safire Aircraft as a Qualified Targeted Industry Business and as a Brownfield Area Tax Refund Program recipient. Accordingly, the County's QTI Tax Refund Program and Brownfield Area Program are to have funding available for Safire Aircraft in the amount of up to $1,330,000; and that this amount will heretofore be so encumbered, and that there be made available for payment from future revenues generated from the projected ad valorem taxes collected as a result of this project. These monies are to be paid to the Florida Economic Development Trust Fund with the stipulation that these funds are intended to represent the "local participation" required by Section 288.] 06, Florida Statutes. BE IT FURTHER RESOLVED that the necessary commitment of local financial support shall be contingent on Satire Aircraft maintaining the jobs during the life of the incentive and ensuring that its hiring practices are consistent with, and reflect the diversity of, the Collier County community. This Resolution adopted after motion, second and majority vote favoring same. DATED: 3h4/o~ ATTEST: DWIGHT E BROCK COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS -- ........, . !" :/\',~~.~':'.'." ~~&r!~)fl;:' >" 'li.~~:...,..,..,,:~. "." ~" . : ' I)~tv' . . c... ~'~~'" ",' ....~ .~'C.' rk '"'~M " 11 tift.'. ,.r .... ~. CtI' . <"?' .,.'" .Aliil"" · f""'n . c. ,.<" .~~I{;i'f..P""~ S A ' ":,...:." ..... . pproved as t' f" . ~ suff' 0 orm and ti ,e,,"cy p,~~ , . te ASSIstant C ounty Attorney By: 1~ cd _ 16Al) Donn F' ~ a Jala Ch . , aIrman