Agenda

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Public Hearings 13.

BCC Regular Meeting

Meeting Date:	02/16/2017
Issue: 5:34 p.m. Public Hearing amending Ordinance 2015-53 establishing an Economic Ad Valorem Tax Exemption for Daily Convo, L.L.C.
From:	Alison Rogers
Department:	County Attorney's Office
CAO Approval:

RECOMMENDATION:

5:34 p.m. Public Hearing for consideration of adopting an Ordinance to amend Ordinance 2015-53, establishing an Economic Ad Valorem Tax Exemption for Daily Convo, L.L.C.

Recommendation: That the Board adopt an Ordinance to amend Ordinance 2015-53, establishing an Economic Ad Valorem Tax Exemption for Daily Convo, L.L.C.

BACKGROUND:

On November 24, 2015, Daily Convo, L.L.C., submitted an application as a new business by virtue of being located in an enterprise zone and requested that the Board enact an Ordinance granting an Economic Ad Valorem Tax Exemption (EDATE) for all improvements to real property and tangible personal property located at 101 East Romana Street. By Board action on December 10, 2015, the Board of County Commissioners adopted Emergency Ordinance 2015-53 establishing an Economic Ad Valorem Tax Exemption for Daily Convo, L.L.C., providing a 100% exemption for a ten year term.

In this case, Daily Convo, L.L.C., applied for an EDATE before the anticipated completion of the improvements for which the exemption was sought due to the upcoming repeal of the Enterprise Zone Act, which expired on December 31, 2015. Daily Convo L.L.C. has requested an amendment to the previously enacted Emergency Ordinance to provide for a ten year term to commence upon the first year the improvements are completed and placed on the ad valorem tax roll.

BUDGETARY IMPACT:

N/A

LEGAL CONSIDERATIONS/SIGN-OFF:

Kristin Hual, Assistant County Attorney drafted the proposed amendment and advertised in the Saturday, February 4, 2017 edition of the Pensacola News Journal.

PERSONNEL:

N/A

POLICY/REQUIREMENT FOR BOARD ACTION:

N/A

IMPLEMENTATION/COORDINATION:

N/A

Attachments
Ordinance