Loading...
8338-12ORDINANCE NO. 8338-12 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA; PROVIDING FOR A REFERENDUM AT A SPECIAL CITY ELECTION TO BE HELD IN CONJUNCTION WITH THE GENERAL FEDERAL, STATE, AND COUNTY ELECTION TO BE HELD ON NOVEMBER 6, 2012; PROVIDING FOR AUTHORIZATION FOR CITY COUNCIL TO GRANT ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTIONS IF THE BALLOT QUESTION CONTAINED IN THIS ORDINANCE IS APPROVED BY A MAJORITY OF THE VOTERS; PROVIDING AN EFFECTIVE DATE. WHEREAS, a recognized function of the City is to promote economic development within its jurisdiction by providing financial incentives that will encourage new businesses to relocate within its jurisdiction and existing businesses to expand creating employment opportunities that will benefit the entire community; and WHEREAS, the current economic climate has resulted in a high unemployment rate in the City of Clearwater, impacting the quality of life for its citizens and the sustainability of local businesses; and WHEREAS, many of the surrounding Florida counties and cities including but not limited to Tampa, Hillsborough County, City of Sarasota, Sarasota County and the City of St. Petersburg have already implemented ad valorem tax exemption programs potentially putting the City of Clearwater at a competitive disadvantage in the recruitment of new businesses and the retention of existing and expanding businesses; and WHEREAS, the City desires to offer an Economic Development Ad Valorem Tax Exemption for new businesses relocating to the City of Clearwater and to businesses already situated in the City of Clearwater that are expanding in order to foster economic growth and increase employment as allowed by state law; and WHEREAS, the City Council supports this concept and is placing it before the voters to determine if the voters support the granting of economic ad valorem tax exemptions to new and expanding businesses within the City; and WHEREAS, Section 196.1995, Florida Statutes, requires a referendum procedure to determine whether a municipality may grant economic ad valorem tax exemptions under s.3, Art. VII of the State Constitution; now, therefore; BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. A special municipal referendum election is hereby called and will be held on November 6, 2012, in conjunction with the general Federal, State and County Ordinance No. 8338-12 election for the consideration of the voters of the City of Clearwater for the proposed question. The question to appear on the referendum ballot shall be as follows: PROVIDING CITY COUNCIL WITH THE AUTHORITY TO GRANT ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTIONS Shall the City Council of the City of Clearwater be authorized to grant, pursuant to s.3, Art. VII of the State Constitution, ad valorem tax exemptions to new businesses and expansions of existing businesses that are expected to create new, full-time jobs in the City of Clearwater? YES — For authority to grant exemptions NO — Against authority to grant exemptions Section 2. Upon approval by the voters, the City Council shall be authorized to grant, at its discretion, ad valorem tax exemptions for new and expanding businesses in the City of Clearwater that are expected to create new, full-time jobs pursuant to Section 196.1995, Florida Statutes, and s.3 Art. VII of the State Constitution. Section 3. The City Clerk is directed to notify the Pinellas County Supervisor of Elections that the referendum item provided above shall be considered at the election to be held on November 6, 2012. Section 4. This ordinance shall take effect immediately, with the exception of Section 2, which shall take effect only upon approval of a majority of the City electors voting at the referendum election on these issues. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: Pame a . Akin City Attorney 2 June 7, 2 01 2 June 20, 2012 � q�+��e r� Cv'C�.� George N. Cretekos Mayor Attest: Rosemarie Call City Clerk Ordinance No. 8338-12