Resolution 1997-309RESOLUTION NO. 97 309
A RESOLUTION BY THE BOARD OF COUNTY COMMISSIONERS,
COLLIER COUNTY, FLORIDA, THAT CERTIFIED DIABETIC
SERVICES, INC. BE APPROVED AS A QUALIFIED APPLICANT
PURSUANT TO s.288.106, FLORIDA STATUTES; AND PROVIDING AN
APPROPRIATION OF UP TO $36,000 AS LOCAL PARTICIPATION IN
THE QUALIFIED TARGET INDUSTRY TAX REFUND PROGRAM FOR
FISCAL YEAR(S) 1998 THROUGH 2002, AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the business under consideration is a wholesaler of diabetic
supplies, specifically, Certified Diabetic Services, Inc.; and
and
WHEREAS, Certified Diabetic Services, Inc. is located in Collier County, Flodda;
WHEREAS, Certified Diabetic Services. Inc. was founded in 1996 with its
corporate headquarters in Collier County, Flodda; and Certified Diabetic Services, Inc.
is a medical technology industry targeted by the State of Florida for new high-wage job
creation; and Certified Diabetic Services, Inc. provides diabetic supplies for patients in
the 50 states and Puerto Rico. with 96% of its sales going outside the state of Flodda;
and
WHEREAS, Certified Diabetic Services, Inc. presently employs 32 employees
locally; and
WHEREAS, Certified Diabetic Services, Inc. will create 60 additional full-time
equivalent new jobs in Collier County; and the average wage for the additional jobs will
total at least 115% of the area's average wage; and
WHEREAS, Collier County will support the State of Florida Qualified Target
Industry Tax Refund Program with a 20% local match of tax refund dollars.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF COLLIER COUNTY, FLORIDA that the Board of County
Commissioners hereby recommends Certified Diabetic Services, Inc. be approved as a
Qualified Target Industry Business pursuant to s.288.106, Florida Statutes, and
BE IT FURTHER RESOLVED that the necessary commitment of local financial
support for the Qualified Target Industry Business for the Qualified Target Industry Tax
Refund Program exists in the amount of up to $36,000; that this amount will be
encumbered and be available for payment from the FY 1997 Economic Diversity
8 A 1
Program Funo,,. for payment in the following increments: FY 1998 - $4,500; FY 1999 -
$9,000; FY 2000 - $9,000; FY 2001 - $9,000; FY 2002 - $4,500; and will be paid to the
Florida Economic Development Trust Fund with the stipulation that these funds are
intended to represent the "local participation" required by s.288.106, Florida Statutes.
This Resolution adopted after motion, second and majodty vote favoring same.
~ AwEST:
DWIGHT E, BROCK
APPROVED AS TO FORM AND
LEGAL SUFFICIENCY:
COLLIER COUNTY BOARD OF
COUNTY COMMISSIONERS
By: ~
Timo/~L-~ah~:k, Chain'nan
Date: ~~
Heidi F. Ashton
Assistant County Attorney
hc/h/qttresolutlon/cds