Ordinance 2020-004 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 Board from 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.
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"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.
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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
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." -,,,i.,0Clerk Will%m L. McDaniel,Jr. , Chairman
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Jeffrey A. ' at ow, County Attorney
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This ordinance filed with the
ec `ory of SStt tees Office the
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and acknowledgeme t C thct
il' g received this._._.. day
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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