HARDEE COUNTYECONOMIC DEVELOPMENT AUTHORITY

GRANT AWARD AGREEMENT

THIS AGREEMENT, made and entered into this 22nd day of March, 2016, by and

between the Hardee County Economic Development Authority, hereinafter referred to

as "EDA," and Industrial Development Authority, hereinafter referred to as the

"Business," located at 107 East Main Street, Wauchula, Florida 33873.

The EDA, pursuant to Section 211.3103(3)(b)3 F.S., is authorized to establish

the Infrastructure/Job Creation Grant Program to provide grants to qualified for-profit

and not-for-profit entities to fund projects that provide economic development

opportunities, job creation and infrastructure within the geographic boundaries of

Hardee County.

The EDA has determined that the Business has met all of the requirements

necessary for participation in the EDA grant Program, and

The EDA desires to distribute funds to the business for projects that provide

economic development, job creation opportunities and infrastructure within the

geographic boundaries of Hardee County in an amount up to $239,575.00; and

The application, job creation, and infrastructure program guidelines attached

hereto as Exhibit "A", is hereby incorporated into this agreement and the

representations made by the Industrial Development Authority therein are incorporated

as if full set forth herein; and

In consideration for the mutual undertakings and agreements hereinafter set

forth, EDA and the Business agree as follows:

HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY ECONOMIC DEVELOPMENT AUTHORITY 107 EAST MAIN STREETC/O COUNTY MANAGER'S OFFICE WAUCHULA, FL 33873412 W.ORANGE ST.,ROOM 103 863-773·3030 PHONE; 863-773-4915 FAX863-773-9430 PHONE;863-773-Q958 FAX

1

---.,:

1.0 PARTIES: The parties and their respective addresses for purposes of this

Agreement are as follows:

2.0 ADMINISTRATOR: The EDA Agreement administrator is Lexton H. Albritton.

J r .. County Manager . The Business Agreement administrator is William R. Lambert. Jr.,

Economic Development Director. All approvals referenced in this agreement must be

obtained from the agreement administrators or their designees. Any notice, demand,

request or other communication shall be effective only if in writing and when it is

received by the Agreement manager at the address provided for herein.

In the event that a different Agreement Administrator is designated by either

Party after execution of this contract, notice of the name, address and telephone

number of the new Agreement Manager shall be delivered in writing to the other Party

and said notification shall be attached to originals of this Agreement.

3.0 TERM OF AGREEMENT: The term of this Agreement shall commence upon

full execution of this agreement, and continue for a two year period; unless terminated

earlier as hereinafter provided prior to that time.

4.0 BUSINESS DESCRIPTION:

(a) The Business is or will be an operating unit of Industrial D e ve l o p m e nt

A u t hority. FEIN. #90-0586572.

5.0 PROJECT DESCRIPTION: See Exhibit "B".

5.1 CHANGE ORDERS: In the event the project description or scope of project

is modified, the modification shall be evidenced by written change order PRIOR to any

work being performed pursuant to the proposed modification. If the proposed

modification is deemed immaterial by the Administrator, the Administrator shall have

the authority to execute the written change order on behalf of the EDA. If the

modification is deemed material by the Administrator, he shall submit the same to the

2

EDA for approval PRIOR to any work being performed pursuant to the proposed

modification. For purposes of this subsection, any proposed modification which will

result in an increase in the award requested is hereby deemed material.

6.0 NOTICES: All notices pertaining to this Agreement are in effect upon receipt

by EDA, shall be in writing, and shall be transmitted either by personal hand delivery,

United States Post Office, return receipt requested; or, overnight express mail delivery.

Facsimile may be used if the notice is also transmitted by one of the preceding

forms of delivery. The addresses set forth above for the respective parties shall be the

places where notices shall be sent, unless prior written notice of change of address is

given.

7.0 OBLIGATIONS OF THE BUSINESS : The Business agrees to:

(a) administer funds in accordance with elements of the approved project

description, a copy of which is attached hereto and incorporated herein as Exhibit "B".

(b) provide a budget and detailed reports to the EDA regarding the project.

Reports must be completed to the satisfaction of the EDA.

(c) upon request by the EDA, and within a reasonable time period, allow the

EDA to inspect supporting documentation of reported outcomes and expenses

inclusive of receipts, canceled checks, basis for disbursements and invoices.

(d) retain records for at least five (5) years following the end of this

Agreement, or deliver such records to the EDA for retention. If any litigation, claim,

negotiation, audit, or other action involving the records has been started before the

expiration of the five (5) year period, the records shall be retained until completion of

the action and resolution of all issues which arise from it, or until the end of the five

(5) year period, whichever is later.

3

(e) upon request by the EDA, and within a reasonable time period, allow the

EDA to inspect, review and audit all records received or created pursuant to this

Agreement.

(f) submit quarterly project status reports and quarterly reimbursement

requests as attached hereto and incorporated herein as Exhibit "C". The retention

requirement is waived for governmental entities.

8.0 OBLIGATIONS OF THE EDA:

(a) provide a format for all required reports, and assist the business in

completing reports satisfactory to the EDA.

(b) provide or assist in obtaining technical assistance as needed to distribute

the Designated Funds in accordance with the Approved Plan.

(c) following any site visit or review, provide a written report with comments

and recommendations regarding the manner in which services are being provided.

(d) provide oversight for the efficient and effective distribution of the

Designated Funds.

9.0 TERMINATION OF THIS AGREEMENT: The Agreement may be

terminated by EDA upon failure of the Business to comply with any material term or

condition of this Agreement or a decision by the Business either not to proceed with the

project defined in Section 5.0 or to proceed with that project in a location outside of

Hardee County, Florida.

10.0 PENALTV: Any Business that fraudulently procures or receives funds

under this program is liable for repayment.

11.0 LEGAL REQUIR EMENTS: This agreement is executed and entered into

in Hardee County and will be construed, performed, and enforced in all respects

in accordance with the laws and rules of the State of Florida. Each party will perform

its

4

obligations in accordance with the terms and conditions of this agreement. Any and all

litigation arising under this Agreement shall be brought in the appropriate court

in Hardee County, Florida.

12.0 NON DISCRIMINATION: The Business will not discriminate against any

employee employed in the performance of this agreement, or against any applicant for

employment because of age, ethnicity, religious belief, disability, national origin, or sex.

The Business shall insert a similar provision in all subcontracts for services by this

Agreement.

13.0 ATTORNEY FEES: In any litigation (even through appellate level) or

proceeding to enforce or interpret any term or provision of this agreement, or if EDA

must hire counsel to protect its interest in bankruptcy proceeding filed by business, the

prevailing party shall be entitled to an award of its reasonable attorneys' fees from the

non-prevailing party.

14.0. RESTRICTION AGAINST ASSIGNMENT: No part of this Agreement shall

be assigned, subcontracted or delegated by either Party to a third party without the

prior written consent of the other Party.

15.0 ENFORCEABILITY: If any term or provision of this Agreement is found to

be illegal and unenforceable, the remainder of the Agreement will remain in full force

and effect and such term of provision will be deemed stricken.

16.0 WAIVER: The failure of either party to this Agreement to object to or

to take affirmative action with respect to any conduct of the other which is in violation

of the terms of this Agreement shall not be construed as a waiver of the violation

or breach, or of any future violation, breach or wrongful conduct.

17.0 COUNTERPARTS: This Agreement may be executed in counterparts,

each of which shall be considered an original for all purposes.

5

18.0 MODIFICATION: This writing contains the entire Agreement of the

parties. No representations were made or relied upon by either party, other than those

that are expressly set forth. No agent, employee, or other representative of either party

is empowered to alter any of the terms of this Agreement, unless done in writing and

signed by an authorized officer of the Business and the authorized agent of EDA.

19.0 ENTIRE AGREEMENT: This instrument embodies the entire agreement

of the parties. There are no provisions, terms, condition, or obligations other than those

contained in this agreement; and this agreement superseded all previous

communication, representation, or agreement, either verbal or written, between the

parties. No amendment will be effective unless reduced to writing and signed by the

parties.

20.0 DUPLICATE ORIGINALS: This Agreement is executed in duplicate

originals.

HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

vt,.

HARDEE COUNTYECONOM1 DEVELOPM ORITY

Date AUTHORIZED SIGNATURE Date

TITLE: <A·( TITLE: C!hcu r!Y'iif\

WITNESSES:

kt r

6

EXHIBIT "A"

JOB CREATION GRANT PROGRAM {JCP)

GUIDELINES

Hardee County Economic Development Authority c/o County Manager's Office

412 W. Orange Street, Room 103Wauchula, FL 33873

Voice {863) 773-9430 Fax {863) 773-0958

I

GUIDELINES OF THEHARDEE COUNTY ECONOMIC DEVELOPMENT AUTHORITY

(INDEPENDENT BOARD)

JOB CREATION GRANT PROGRAM (JCP)

I. PURPOSE

II. DEFINITIONS

Ill. GENERAL REQUIREMENTS

IV. APPLICATION REQUIREMENTS & PROCESSING

V. EVALUATION CRITERIA

VI. GRANT ADMINISTRATION

VII. COMPLIANCE RESPONSIBILITIES

I. PURPOSE. The Hardee County Economic Development Authority Independent Board (Authority), pursuant to Section 211.3103(3)(b)3 F.S., Is authorized to establish the Infrastructure Grant Program to provide grants to qualified for·profit and not-for-profit entities to fund projects that provide economic development opportunities,private sector job creation or infrastructure within the geographic boundaries of Hardee County. The purpose of this part is to set forth procedures to govern the program.

II. DEFINITIONS. The terms used in this part are defined as follows:

1. "APPLICANT" means a local government entity (Board of County Commissioners, municipalities, authorities [i.e. water, airport, etc.]), non-profrt business or for-profit businesses.

2. "APPLICATION" means a formal request for EDA funds by an applicant consisting of a complete project application form with allrequired documentation.

3. "APPLICATION SUBMISSION PERIOD" means the formally announced period of time provided by the EDA for the submission of applications by local entities, non-profit businesses and for-profit businesses.

4. •'AUTHORITY" means the Hardee County Economic Development Authority.

5. "BUSINESS ENTITY" means an economic unit that controls resources, incurs obligations,and engages in business activities In one or more locations.

6. "CASH• means money paid by a grantee to purchase goods and services from private and independent sources for accomplishment of an EDA project. In-kind service costs are not cash.

2

7. "CAPITAL IMPROVEMENT PLAN" means that portion of an applicanfs adopted local comprehensive plan which Indicates a schedule of capital Improvement projects,including estimated costs and target dates for completion.

8. "CLERK" means the clerk of the court serving in the capacity of chief financial officer of the county.

9. "COMMISSION• means the Board of County Commissioners of Hardee County.

10."COUNTY" means Hardee County.

11.·oEVELOPMENT" means the act of physically improving an area, facility, resource or site to increase its ability or capacity to serve economic development, private sector job creation or infrastructure purposes.

12."EVALUATION CRITERIA" means the standards used to evaluate EDAapplications.

13."ESTIMATED PROGRAM FUNDS" means the amount of EDA funds estimated to be available for the subsequent fiscalyear by the Authority.

14. "FACILITY" means a component of a capital improvement project.

15. "FISCAL YEAR" means the County fiscal year, October 1-September 30.

16. "FUNDING CYCLE" means the inteiVal of time between the start of an EDAapplication submission period and appropriation of project funds by the Authority.

17. "GRANT" means program funds authorized by the Authority for release to a grantee for Implementation of an approved project.

18."GRANT AWARD AGREEMENT" means an executed contract between the Authority and a grantee setting forth mutual obligations and reimbursement· schedules regarding an approved EDA project.

19. "GRANTEP means a local governmentalentity, non-profit business or for profitbusiness receiving EDA funds pursuant to an approved EDA application.

20. "IN-KIND SERVICE COSTS" means in-house expenses incurred by a grantee for labor and materials and grantee-owned and maintained equipment for accomplishment of an approved EDA project. Volunteer labor, inmate labor, or donated materials are ineligible program expenses.

21. 11INFRASTRUCTURE" means storm water systems; telecommunications facilities; roads or other remedies to transportation impediments; nature based tourism facilities: additions to the distribution facilities of existing natural gas utilities, existing electric utilities, or existing water or wastewater utilities, or otherphysical requirements necessary to facilitate tourism, trade and economic development activities in the community dedicated for public use.

3

22. "LAND VALUE" means the assessed fair market value of land used by a grantee as match to EDA funds.

23. "LOCAL GOVERNMENT COMPREHENSIVE PLAN" means a plan adopted pursuant to Chapter 163, Florida Statutes.

24. "LOCAL GOVERNMENTAL ENTITY" means a county government, municipality (incorporated city, town or vnlage),or an independent special district of the State of Florida with legalresponsibility.

25. "MATCH' means the provision of cash, In-kind service costs or land value in the ratio required by these guidelines to be added to EDA funds by the grantee for the project cost.

26. "NEEDS" means a deficiency In or a necessity to carry out a predetermined level of service.

27. "NEW CONSTRUCTION" means building of new facilities not previously in existence.

28.•pRIORITY LIST" means a list that contains all eligible applications which will meet or exceed the minimum ranking as identified in the •crtterfa for the Purpose of Ranking Projects" summary included in the appHcation packet.

29."PROGRAM" means the EDA grant-In-aid program.

30. "PROGRAM AMOUNT" means the amount of EDA funds received for severancetax.

31. •PROJECT" means the planned undertaking in which all actions or activities have a clear-cut identity and a well-defined objectJve that has been planned to the point of definite Implementation for which EDA funds will be used.

32. "PROJECT COMPLETION" means the project is available for use of operational use for infrastructure projects. Project must be designated complete prior to release of finalreimbursement.

33. "PROJECT COMPLETION DATE" means the date specified in a Grant Award Agreement by which a grantee shall complete an approved EDA project and incur all grant and if applicable, match related expenses. Private sector job creation projects, employee retention requirements shan be met

34. aPROJECT COST" means the totalof an EDA grant award and required match.

35. •PROJECT ELEMENTn means an identified facility within a project.

36. "PROJECT PERIOD" means the period of time set forth in a Grant Award Agreement during which eligible project costs may be incurred and charged to the grant.

4

37. •pROJECT SITE" means the speclfic area,and boundaries thereof,as shown by a survey and a legal description, for which EDA funds are used.

38."REAL PROPERTY' means land and improvements attached or affixed to the land.

39. "RENOVATION" means repair, replacement, or restoration of like facilities to an improved state of condition of which allows job retention and or private sector job creation.

40. "SITE CRITERIA" means criteria related to the site shall be established by theAuthority prior to any solicitation for grant applications.

41."STAFF" means BCC staff as designated by the County Manager.

42. ·suPPORT FACILITY" means a facility which could not stand alone, or which would have little or no public value without the primary facility. Examples of support facilities are: parking lots, re&trooms, bathhouses, combined restroom concession stand buildings,access roads, walkways, landscaping as required by Hardee County LOR, security lighting and fencing,and interpretive signs.

43."PRIVATE SECTOR JOBS" means any job in which goods and services are produced by individuals and oompanies and is not controlled by the state or local government.

44."PUBLIC SECTOR JOBs·means any job controlled by the state or local government. Includes nationalized industries, national, state, and local government services,and public corporations.

Ill. GENERAL REQUIREMENTS. The following constitutes the general procedures for the program:

(1) EDA APPLICATION CATEGORIES. By definition, for the purposes of this application, economic development shall mean any project that creates private sector jobs or activity to promote the ultimate creation of such jobs or for feasibility or planning for such projects. The EDA recognizes four types of economic development categories:

1. Economic Development facilitation, and promotion (non-bricks and mortar).

2. Economic Development private sector job creation.3. Economic Development partnerships with government agencies that

aeate public or private sector Infrastructure implemented thru performance based mortgage or other instrument (bricks and mortar with controlmechanism).

4. Those so defined by a two-thirds majority of the Authority members(declaration). This 213 majority vote shall require that action be taken at a meeting at which a majority of the members is present.

(2) DISTRIBUTJON OF PROGRAM FUNDS. EDA funds are distributed as reimbursement grants by the Authority on a project-by-project basis to applicants eJiglble under these guidelines. The Authority's performance and obligation to award

5

program grants are contingent upon an annual appropriation as announced in theFlorida Administrative Weekly for the subsequent fiscal year.

(3} APPLICATION SUBMISSION PERIOD. The Authority shall accept program applications only during the application submission period. Applications must be postmarked on or before the last day of the appUcation submission period. The Authority shall publicize the dates of the application submission period and other pertinent application Information specifaed In these guidelines in the Aorida Administrative Weekly.

(4) GRANT AWARD. The Authority shall rank applications to the extent of estimated available program funds based on criteria relating to administrative capacity, public benefrt,economic benefits and public use.

(5) PROGRAM AMOUNT ALLOCATION. For each funding cycle, the Authority shall divide the estimated available program amount into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure.

(6) RECOMMENDED APPLICATION PRIORITY LIST. The program amount assigned to each fund as established by the Authority shall be divided Into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure. Applications shall be ranked according to criteriasummary sheet. The application satisfying the most criteria will receive the highest priority. The remaining applications will be arranged in descending order according to their assigned criteria. Applications criteria below the minimum, established by the Authority shall not be placed on the priority list. The priority list shall include recommendations for dlstribuUon of available program funds. In the event there are insuffiCient applications to account for all program funds assigned to a category or fund, the remaining funds shall then be allocated to the other categories or funds.

(7) BREACH OF CONTRACT. The Authority shall deny or suspend program eligibility to any applicant or grantee against which the Authority has an unsettled financial claim and/or dispute of attainment of program requirements.

IV. APPLICATION REQUIREMENTS and PROCESSING. The Authority shall approve applications for program grants in order of ranking until all program funds are depleted under the following standards and criteria:

(1) ELIGIBLE APPLICANTS. Non-profit businesses and/or for-profit businesses may submit EDA applications during the application submission period.

(2) PROJECT ELIGIBILITY.

(a) Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure:EDA grants shall only be awarded to grantees for projects that are for the sole purpose of providing infrastructure or private sector job creation.

6

(b) Eligible Site: The site of an EDA development project shall be owned by the applicant,or shall be under lease to the applicant for a period of time sufficient to satisfy the dedication period by the submission period deadline. The Authority shall make exceptions when the applicant demonstrates that: 1) it is in the public interest and it complies with all other parts of these guidelines. Other forms of real property interest will be considered if the applicant provides clear and explicit documentation showing that it has the sole ability to control, manage, and dedicate the property for the required period of time. Site control verification must be received by the execution of the Grant Award Agreement.

(c) Number of Applications: An applicant may submit more than one application for grant assistance. An application grant project must be limited to a single site or group of sites In which all the properties have the same owner or owners.

{d) Active Projects: A grantee with an open EDA project by the dosing date of an application submission period can be eligible to submit additionalapplications.

(e) Duplicate Projects: An applicant shall not submit the same application, in whole or in part in concurrent or overlapping funding cycles.

(3) COMPLETENESSIEUGIBILITY DETERMINATION. Following closure of an application submission period, Authority staff will review and determine the completeness of each application based on the following:

(a) Applications received by the application submission deadline will be reviewed and evaluated by the goveming body of the County and each municipality in the County, the nonprofit corporation and the Authority based on the materials submitted. Applicants will be notified of the timely receipt and status of their application(s}.

{b) No additional information shall be accepted after the application submission deadline, unless specifically requested by Authority staff for clarification of Information provided In the application received by the published application submission deadline.

(c) Ineligibility: An application, in whole or in part.may be declared ineligible by the Authority pursuant to Paragraphs IV (2)(a-e}. The Authority may determine that a project site or facility is not viable or practical if the projects fail to adequately meet theAuthority's evaluation criteria.

(4) APPLICATION EVALUATION.Each eligible application shall be evaluated on the basis of the Information provided in the application and in accordance with this part.

(5) UNFUNDED AND INELIGIBLE APPLICATIONS. Any unfunded or ineligible application shall remain on file in accordance with Public Records retention requirements.

(6) APPLICATION FORM. The EDA Program Application Form is available from the County Manager's Office,412 W.Orange Street, Room 103,Wauchula, FL 33873.

V. EVALUATION CRITERIA. A priority listing of all project applications, including consideration of the information received from the County, the municipalities, the

7

nonprofit corporation, if any. and the public, by ranking each project relative to the others and shall estabUsh funding levels and any appropriate special conditions for each Individual project. The priority listing shall be assigned to each eflglble application afteran evaluation according to the application criteria which follows:

(1) GENERAL CRITERIA.

(a) Sufficient administrative capability to administer the grant. (b) The public good or public benefit generated by the project. (c} The direct private investment stimulated by the project.(d) The use of County matching Funds on the project.(e) Geographic and demographic diversity in the disbursement of grant awards.(f) Compatibility with countywide economic development and Infrastructure

priorities.(g) Financial capacfty to carry the project costs until reimbursement Is received.(h) Professionaland technicalservice availability to carry out the project.

Other factors that shall be considered Include the following:

(a) The long term economic benefit of the project or activity to the applicant community.(b) The expected time frame for such economic benefit to be realized and the attendant risks related to the likelihood of such realization.(c) The additionaleconomic benefit and/or private sector jobs created or retainedwhich may occur as a result of other capital investment(s) that may be facilitated by the completion of the project.(d) The importance of the grant to the completion, execution and/orimplementation of the project.

VI. GRANT ADMINISTRATION. The following constitutes procedures for administration of program grants:

(1) GRANT AWARD AGREEMENT. After the Authority appropriates grant funds. the Authority and grantee shall enter into a Grant Award Agreement which sets forth the responsibilities and duties of each regarding administration of the approved project.TheGrant Award Agreement shall contain terms and conditions particular to each project. Grant Award Agreements are not transferable.

(2) PRIVATE SECTOR JOB CREATION REQUIREMENTS. New or rehabilitative construction projects in Hardee County are considered eligible projects if they:

(a) will result In the creation of a minimum of zero new full-time equivalent(FTE) positions for a minimum period of 24 months.

{b) pay for each position a wage of at least 115% of the County's average wage

(c) produce and/or export a product outside of Hardee County

(3) PAYMENT BAS,S. Grantees shall be paid program funds by the Authority subject to the following terms:

8

(a) The award may not exceed 50 percent (In any one year) of the totalaward associated with the phase(s) scheduled. The total award will be a minimum of $6,000 times the number of private sector jobs reported, plus $1,000 per private sector job if the average annual wage exceeds the County's average by 150% or $2,000 per private sector job if the average annualwage is in excess of 200%.

(b) If the business also receives a Qualified Target Industry award from theState,the local20% match will be deducted from any award made under this program.

(4) REVERTED PROJECT FUNDS. EDA funds remaining after termination of a grant award or grantee completion of project shall revert to the Authority. If any funds awarded during a funding cycle are not accepted by the grantee or become available before termination of the fiscal year for which they were appropriated, the Authority may authorize the funds be carried forward for use by any succeeding cycle/year.

Creation:Specific Authority: Adopted by Board: Amended:

Senate 81113110, House Bill1303,and House Bill1627211.3101(3)(b)3 FSMay 2,2006March 25, 2008December 21, 201o

9

INFRASTRUCTURE GRANT PROGRAM (IGP)

GUIDELINES

Hardee County Economic Development Authority c/o County Manager•s Office

412 W. Orange Street, Room 103Wauchula, FL 33873

Voice (863) 773-9430 Fax (863) 773-0958

1

GUIDEUNES OF THE HARDEE COUNTY

ECONOMIC DEVELOPMENT AUTHORITY(INDEPENDENT BOARD)

INFRASTRUCTURE GRANT PROGRAM (IGP)

I. PURPOSE

II. DEFINITIONS

Ill. GENERAL REQUIREMENTS

IV. APPLICATION REQUIREMENTS & PROCESSING

V. EVALUAnON CRITERIA

VI. GRANT ADMINISTRATION

VII. COMPLIANCE RESPONSIBIUTIES

I. PURPOSE. The Hardee County Economic Development Authority Independent Board (Authority), pursuant to Section 211.3103(3Xb)3 F.S.• Is authorized to establish the Infrastructure Grant Program to provide grants to qualified for-profit and not-for-profit entities to fund projects that provide economic development opportunities, private sectorjob creation or infrastructure within the geographic boundaries of Hardee County. The purpose of this part is to set forth procedures to govern the program.

II. DEFINITIONS. The terms used In this part are defined as follows:

1. •APPLICAN,.. means a local government entity (Board of County Commissioners, municipalities, authorities [i.e. water, airport, etc.]), non-profit business or for-profit businesses.

2. •APPLJCATIOND means a fonnal request for EDA ·tunds by an applicant consisting of a complete project application form with aH required documentation.

3. "APPLICATION SUBMISSION PERIOD" means the fonnally announced period of time provided by the EDA for the submission of applications by local entities, non-profit businesses and for-profit businesses.

4. "AUTHORITY" means the Hardee County Economic Development Authority.

5. "BUSINESS ENTITY" means an economic unit that controls resources, incurs obligations, and engages in business activities in one or more locations.

2

6. "CASH" means money paid by a grantee to purchase goods and services from private and Independent sources for accomplishment of an EDA project. In-kind service costs are not cash.

7. "CAPITAL IMPROVEMENT PLAN" means that portion of an applicant's adopted local comprehensive plan which indicates a schedule of capital improvement projects,Including estimated oosts and target dates for completion.

8. •cLERK• means the clerk of the court serving in the capacity of chief financial officer of the county.

9. "COMMISSION" means the Board of County Commissioners of Hardee County.

10."COUNTY" means Hardee County.

11."DEVELOPMENT" means the act of physically improving an area, facility, resource or site to Increase fts ability or capacity to serve economic development. private sector job creation or infrastructure purposes.

12."EVALUATION CRITERIA" means the standards used to evaluate EOAapplications.

13."ESTIMATED PROGRAM FUNDS" means the amount of EDA funds estimated to be available for the subsequent fiscalyear by the Authority.

14. •FACILIW means a component of a capitalimprovement project.

15. "FISCAL YEAR" means the County fiscal year.October 1-September 30.

16."FUNDING CYCLE" means the interval of time between the start of an EDAapplication submission period and appropriation of project funds by the Authority.

17. "GRANT" means program funds authorized by the Authority for release to a grantee for implementation of an approved project.

18.-GRANT AWARD AGREEMENT" means an executed contract between theAuthority and a grantee setting forth mutual obligations and reimbursement schedules regarding an approved EDA project.

19. "GRANTEE" means a local governmentalentity, non-profit business or for profitbusiness receiving EDA funds pursuant to an approved EDA application.

20. "IN-KIND SERVICE COSTS" means In-house expenses incurred by a grantee for labor and materials and grantee-owned and maintained equipment for accomplishment of an approved EDA project. Volunteer labor, Inmate labor, or donated materials are ineligible program expenses.

21."INFRASTRUCTURE" means storm water systems; telecommunications facilities; roads or other remedies to transportation impediments; nature based

3

tourism facilities; additions to the distribution facilities of existing natural gas utilities, existing electric utilHies,or existing water or wastewater utilities, or other physical requirements necessary to facilitate tourism, trade and economic development activities In the community dedicated for public use.

22. "LAND VALUE" means the assessed fair market value of land used by a grantee as match to EDA funds.

23. "LOCAL GOVERNMENT COMPREHENSIVE PlAN" means a plan adopted pursuant to Chapter 163, Florida Statutes.

24. "LOCAL GOVERNMENTAL ENTITY" means a county government, municipality (incorporated city, town or village), or an Independent specialdistrict of the State of Florida with legal responsibility.

25. "MATCH" means the provision of cash, in-kind service costs or land value in the ratio required by these guidelines to be added to EDA funds by the grantee for the project cost.

26. "NEEDS" means a deficiency in or a necessity to carry out a predetermined level of service.

27. "NEW CONSTRUCTION" means buHding of new facilities not previously in existence.

28.•PRIORITY usr means a list that contains all eligible applications which will meet or exceed the minimum ranking as identified in the "Criteria for the Purpose of Ranking Projects.. summary included in the application packet.

29."PROGRAM" means the EDA grant-in-aid program.

30. "PROGRAM AMOUNT" means the amount of EDA funds received for severance tax.

31. "PROJECT" means the planned undertaking in which all actions or activities have a clear-cut identity and a well-defined objective that has been planned to the point of definite Implementation for which EDA funds will be used.

32.•PROJECT COMPLETION" means the project is available for use of operational use for infrastructure projects. Project must be designated complete prior to release of finalreimbursement.

33. "PROJECT COMPLETION DATE• means the date specified In a Grant Award Agreement by which a grantee shall complete an approved EDA project and Incur all grant and if applicable, match related expenses. Private sector job creation projects, employee retention requirements shall be met.

34. "PROJECT COST" means the totalof an EDA grant award and required match.

4

35. "PROJECT ELEMENT" means an identified facility within a project.

36. "PROJECT PERIOD" means the period of time set forth in a Grant Award Agreement during which eligible project costs may be incurred and charged to the grant

37. "PROJECT SITE" means the specific area,and boundaries thereof,as shown by a survey and a legaldescription, for which EDA funds are used.

38."REAL PROPERlY' means land and improvements attached or affixed to the land.

39. "RENOVATION" means repair, replacement, or restoration of like facilities to an improved state of condition of which allows job retention and or private sector job creation.

40. "SITE CRITERIA" means criteria related to the site shall be established by theAuthority prior to any solicitation for grant applications.

41."STAFP means BCC staff as designated by the County Manager.

42. ·suPPORT FACILITY" means a facility which could not stand alone, or which would have little or no public value without the primary facility. Examples of support facilities are: parking lots, restrooms, bathhouses, combined restroom concession stand buildings, access roads, walkways, landscaping as required by Hardee County LOR, security lighting and fenclng,and interpretive signs.

43••PRIVATE SECTOR JOBS" means any job In which goods and services are produced by individuals and companies and is not controlled by the state or local government.

44..,PUBLIC SECTOR JOBs·means any job controlled by the state or local government. Includes nationalized industries, national, state, and local government services,and public corporations.

Ill. GENERAL REQUIREMENTS.The following constitutes the general procedures for the program:

(1) EDA APPLICATION CATEGORIES. Infrastructure applicants must demonstrate a direct relationship between the infrastructure funding request and tourism, trade and economic development •activity''. Infrastructure applications seeking funding to rehabilitate existing public infrastructure without direct connectivity to job creation are not favored. The EDA recognizes four types of Infrastructure application categories:

1. Public Infrastructure necessary for the immediate or facilitation of thecreation of jobs, with or without the use of •performance based mortgage instrument".

2. Private infrastructure necessary for the immediate, direct creation of jobs,with or without use of "performance based mortgage instrumenr, as each applicationmay require to adequately protect the public investment.

s

3. Joint infrastructure between a governmental entity and a private sectoremployment or Infrastructure entity.

4. Those so defined by a two thirds majority of the Authority members(declaration}. This 213 majority vote shall require that action be taken at a meeting atwhich a majority of the members is present.

Note: a performance based mortgage shall be created between the entities above, where appropriate, without EDA oversight. The sponsoring government entity shall be the grantee. The grantee is responsible for the creation,Implementation and disposition of such Instruments.

(2) DISTRIBUTION OF PROGRAM FUNDS. EDA funds are distributed as reimbursement grants by the Authority on a project-by-project basis to applicants eligible under these guidelines. The AuthorftYs performance and obligation to awardprogram grants are contingent upon an annual appropriation as announced in theFlorida Administrative Weekly for the subsequent fiscalyear.

(3} APPLICATION SUBMISSION PERIOD. The Authority shall accept program applications only during the application submission period. Applications must be postmarked on or before the last day of the application submission period.The Authority shall publicize the dates of the application submission period and other pertinent application Information spectfled In these guidelines In the Florida Administrative Weekly.

(4) GRANT AWARD. The Authority shall rank applications to the extent of estimated available program funds based on criteria relating to administrative capacity, public benefit,economic benefits and public use.

(5) PROGRAM AMOUNT ALLOCATION. For each funding cycle, the Authority shall divide the estimated available program amount into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure.

(6) RECOMMENDED APPLICATION PRIORITY LIST. The program amount assigned to each fund as established by the Authority shall be divided into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure. Applications shall be ranked according to aHeria summary sheet. The application satisfying the most criteria will receive the highest priority. The remaining applications will be arranged in descending order according to their assigned criteria. Applications criteria below the minimum, established by the AuthorHy shall not be placed on the priority lfst. The priority list shall include recommendations for distribution of available program funds. In the event there areinsufficient applications to account for all program funds assigned to a category or fund, the remaining funds shall then be allocated to the other categories or funds.

(7} BREACH OF CONTRACT. The Authority shall deny or suspend program eligibility to any applicant or grantee against which the Authority has an unsettled financialclaim and/or dispute of attainment of program requirements.

6

IV. APPLICATION REQUIREMENTS and PROCESSING. The Authority shall approve applications for program grants in order of ranking until all program funds are depleted under the following standards and criteria:

(1) ELIGIBLE APPLICANTS. A local government entity (Board of CountyCommissioners, municipalities, authorities D.e. water, airport, etc.]), non-profit businessor for-profit businesses may submit EDA applications during the application submissionperiod.

(2) PROJECT ELIGIBILITY.

(a) Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure: EDA grants shall only be awarded to grantees for projects that are for the sole purpose of providing infrastructure or private sector job creation.

(b) Eligible Site: The site of an EDA development project shall be owned by the applicant, or shall be under lease to the applicant for a period of time sufficient to satisfy the dedication period by the submission period deadline. The Authority shall makeexceptions when the applicant demonstrates that: 1) it is in the public interest and ttcomplies with all other parts of these guidelines. Other forms of real property interest will be considered if the applicant provides clear and explicit documentation showing that it has the sole abUity to control, manage, and dedicate the property for the required period of time. Site control verification must be received by the execution of the Grant Award Agreement.

(c) Number of AppJications: An applicant may submit more than one application for grant assistance. An application grant project must be limited to a single site or group of sites in which all the properties have the same owner or owners.

(d) Active Projects: A grantee with an open EDA project by the closing date of an application submission period can be eligible to submit additional applications.

(e) Duplicate Projects: An applicant shall not submit the same application, in whole or in part in concurrent or overlapping funding cycles.

(3) COMPLETENESS/ELIGIBILITY DETERMINATION. Following closure of an application submission period, Authority staff will review and detennlne the completeness of each application based on the following:

(a) Applications received by the application submission deadline will be reviewed and evaluated by the governing body of the County and each municipality in the County, the nonprofit corporation and the Authority based on the materials submitted. Applicants will be notified of the timely receipt and status of their appllcation(s).

(b) No additional information shall be accepted after the application submission deadline, unless specifically requested by Authority staff for clarification of information provided in the application received by the published application submission deadline.

7

{c) Ineligibility: An application, in whole or in part, may be declared inefigible by the Authority pursuant to Paragraphs IV (2){a-e}. The Authority may determine that a project site or facility is not viable or practical if the projects fail to adequately meet the Authority's evaluation criteria.

{4) APPLICATION EVALUATION.Each eligible application shall be evaluated on the basis of the information provided In the application and In accordance with this part.

(5) UNFUNDED AND INELIGIBLE APPLICATIONS. Any unfunded or ineligible application shall remain on file in accordance with Public Records retention requirements.

(6) APPLICATION FORM. The EDA Program Application Form is available from the County Manager's Offloe at 412 W. Orange Street, Room 103, Wauchula, FL33873.

V. EVALUATION CRITERIA. A priority listing of all project applications, including consideration of the information received from the County, the municipalities, the nonprofit corporation, if any, and the public, by ranking each project relative to the others and shall establish funding levels and any appropriate special conditions for each individual project. The priority listing shall be assigned to each eligible application after an evaluation according to the application criteria which follows:

{1) GENERAL CRITERIA.

(a) Sufficient administrative capability to administer the grant.

(b) The public good or public benefit generated by the project.

{c) The direct private investment stimulated by the project.

{d) The use of County matching Funds on the project.

{e) Geographic and demographic diversity in the disbursement of grant awards.

(f) Compatibility with countywide economic development and infrastructure priorities.

{g) Financialcapacity to carry the project costs until reimbursement is received.

(h) Professionaland technicalservice availability to carry out the project.

{2) Other factors that shall be considered include the following:

{a) The long term economic benefrt of the project or activity to the applicant community.

(b) The expected time frame for such economic benefrt to be realized and the attendant risks related to the likelihood of such realtzatlon.

8

(c) The additionaleconomic benefit and/or private sector jobs created or retained which may occur as a result of other capital investment(s) that may be facilitated by the completion of the project.

(d) The importance of the grant to the completion, execution and/or implementation of the project.

VI. GRANT ADMINISTRATION. The following constitutes procedures for administration of program grants:

(1) GRANT AWARD AGREEMENT. After the Authority appropriates grant funds, the Authority and grantee shall enter into a Grant Award Agreement which sets forth the responsibilities and duties of each regarding administration of the approved project The Grant Award Agreement shall contain terms and conditions particular to each project. Grant Award Agreements are not transferable.

(2) PAYMENT BASIS. Grantees shall be paid program funds by the Authority subject to the following conditions:

(a) Project Costs. Payment of project costs shall be reimbursed quarterly as provided for in these guidelines and in the Grant Award Agreement. Project costs may be reimbursed more frequently than quarterly upon determination by the Authority and inclusion In the Grant Award Agreement. Costs shall be incurred between the effective date of, and the project completion date identified In, the Grant Award Agreementexcept for pre-agreement costs. Costs for appraisals, appraisal review, surveys(boundary and topographic), title searches, and project signs are eligible projectexpenses. If the total cost of the project exceeds the grant amount and the required match,the grantee must pay the excess cost.

(b) Cost limits. Project planning expenses,such as architecturaland engineering fees,permitting fees, project inspection, and other similar fees, are eligible project costs provided that such costs do not exceed fifteen percent of the project cost.

(c) Retention. The Authority shall retain ten percent of the grant until the grantee completes the project and the Authority approves the completion documentation set forth in these guidelines. This retention requirement may be waived by the EDA in the Grant Award Agreement.

(3) ACCOUNTABILITY.The following procedures shall govern the accountability of program funds:

(a) Accounting System.Each grantee shall maintain an accounting system which meets generally accepted accounting principles and shall maintain financial records to properly account for all program and matching funds.

(4) REVERTED PROJECT FUNDS. EDA funds remaining after termination of a grant award or grantee completion of project shall revert to the Authority. If any funds awarded during a funding cycle are not accepted by the grantee or become available

9

before tennination of the fiscalyear for which they were appropriated, the Authority may authorize the funds be carried forward for use by any succeeding cycle/year.

(5) INFRASTRUCTURE PROJECTS. The following constitutes the specific procedures for administration of infrastructure projects:

(a) Grant Period. The grantee will have up to three years from the start of the fiscal year In which funds are appropriated to complete the project. If the project Is not completed within three years from the start of the fiscal year in which funds are appropriated, the contract shall be terminated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.

(b) Commencement Documentation. Prior to commencement of project construction, the grantee shall submit for approval the documentation described in the Commencement/Reimbursement Documentation Fonn available from the County Manager's Office at 412 W. Orange Street, Room 103, Wauchula, FL 33873.

(c) Completion Documentation. Upon completion of the project and prior to rerease of the final payment,the grantee shall submit all documentation described in the Project Completion Documentation Form available from the County Manager's Office at412 W.Orange Street,Room 103, Wauchula, FL 33873.

(d) Inspections. The Authority shall have the right to perfonn an on-site inspection of the project site to ensure compliance with the Grant Award Agreement prior to release of the finalgrant payment.

VII. COMPLIANCE RESPONSIBILITIES. The following constitutes the general requirements for program compliance:

(1) SITE DEDICATION. Land owned or under site control by the grantee, which is developed for Infrastructure with EDA funds,shall be dedicated for public use.

{2) MANAGEMENT OF PROJECT SITES. Grantees shall ensure by site inspections that facilities on project sites developed with EDA funds are being constructed, operated and maintained. All project sites shall be open for inspection at reasonable times and shall be managed in a safe and attractive manner.

(3) NON-COMPLIANCE. The Authority shall tenninate a Grant Award Agreement for non-compliance by a grantee with the terms stated in the Grant Award Agreement or these guidelines. If grantee fails to comply with the provisions of this part or the Grant Award Agreement, the Authority shall declare the grantee ineligible for further participation in EDA until such time as compliance has been obtained.

(4) POST COMPLETION INSPECTIONS. Authority staff shall have the right to perform an on-site Inspection of completed program sites to ensure compliance with program requirements as stated in these guidelines.

Creation: Senate Bill3110, House 81111303, and House Bi111627

10

SpecifiC Authority: 211.3101(3Xb)3 FSAdopted by Board: May 02, 2006Amended: March 25,2008

December 21,2010

11

n

HARDEE COUNTY EDAl5.J .I

ECONOMIC DEVELOPMENT GRANT APPLICATION

IMPORTANT NOTE:This application must be filed prior to making the decision to locate a new businessunit in Hardee County or to expand an existing Florida business unit.

APPLICATION PROCESS:1. Please review the attached guidelines before preparing the application.2. After thoroughly reviewing the guidelines and the application, you may wish to

call the County Manager's Office listed below to discuss your project and application before submitting a formalproposal.

3. Any information and documentation that cannot be supplied in the space provided on the application form should be attached to the application and referenced to the relevant question.

4. Copies of maps or other descriptive materials that you believe will assist in evaluating your application may be submitted with your proposal. If you do include such material, please itemize all such documents in your cover letter.

5. Any application received after COB on November 02, 2015, will not be acceptedand will be returned to the applicant.

6. Only hard copy applications will be accepted, no faxed ore-mailed applications will be accepted or considered.

7. The completed and signed originalapplication and nine copies must be filed with: County Manager's Office412 W.Orange St., Room 103

Wauchula, FL 33873Voice 863 773-9430Fax 863-773-0958

FOR ADMINSTRATIVE USE ONLY: JDate and time application received: 1 1/ OlOlS"@ 3 5'Date application deemed complete:

It is suggested that you contact at the below address to discuss your project and application before submitting a formal proposal

The completed and signed application must be filed with:

County Manager's Office412 West Orange Street, Room 103

Wauchula, Florida 33873Voice: 863/773-9430Fax: 863/773-0958

0EcEJvenNOV - 2 2015

-·------

- -

E M PLOVE R IDENTIFICATION

BUSINESS INFORMATION:

1. a) NameofBusinessUnit: D.l.4/ aa<J )f;{r!_.-b) MailingAddress: 7Z(e ,({ c;.aJ

;zj;Ll-o ) R._ 63810c) Name of Parent Company (if applicable): {) - -,-

d)

e)

PROJECT IDENTIFICATION/INFORMATION

2. a) Is the business unit a (please check all that apply):0 Planning multiple locations in the State of Florida0 An expansion of an existing Hardee County business unitA new business unit to Ha rdee County

b) If an expansion, how many Hardee County employees are currently in the expanding business unit? $!= --------------

c) How many individuals are employed in ALL Florida/Hardee County locations? _

d) Project's currenUocation address: 77/.p 5fe ue /(p W ds Q./

;?:;a lfv pr{n s 1 . R 338'10e) Project's proposed location address:_...."""'-.".....lm.....__ _

f) Please check the box(es) that best defines your project.

ultistate business enterprise oMulticounty business enterpriseoMultinational business enterprise oRegional Headquarters0Manufacturer OSupport Centers0Lo_gistics/Distribution uResearch & Development

OQTI eligible businesses (List attached)

g) Please estimate percentage of gross receipts or final sales resulting from this project that will be made outside of Hardee County: 1'5" %

Page 2 of6

v---

:f.{

h) List the positions you will employee: (i.e. customer service, equipment operator, bookkeeper, production manager). Attach extra sheets as needed.

Position S e e O- a c . b of Annual Salary--.........,. --=--,..,.-- Number of employees . ,=3- Total Annual Salaries '05; tJ Cj 7 List benefits associated with each new job created:

a. Sick Pay -......,.-- a. Vacationb. Medical: Health V Vision Dentalc. Retirement Plan _d. Holidays V 6of'f'€,

i) 1) Describe the capital investment in real and personal property (examples: construction of new facility; remodeling of facility; upgrading, replacing or buying new equipment. Do not include the value of land purchased for construction of a new building): _

rJA= 2) List the anticipated amount (within three (3) years) and type (purchase of machinery/equipment, construction of buildings, etc.) of major capital investment to be made by the applicant in connection with this Hardee County project:

Amount$ -h-:Total $ _

Construction/Renovations Manufacturing Equipment Other Equipment

3) Estimated square feet of new or newly expanded facility: ,_...;::......;A.. -

j) Anticipated date of beginning of construction for this project:(mm/dd/yyyy) - "- -.j,( /-.L.f. }k) Anticipated date project will be in operation:N--=. ;A_....-...- _

PROJECT IMPACT INFORMATION

a) What role will the incentive play in the decision of the applicant to locate or expand in Hardee County? (If there are other states/communities competing for this project, please list which states/communities and what incentives are being offered by thesestates/communities.) .:5 c:.t::"- OL. hed

b) A brief review of the applicant's past activities in Florida and in other states, particularly as they relate to environmental and growth management impacts and how these have been handled.(Basically, what kind of corporate citizen has the applicant been?) _

Se.c a..'.{.±ac he dc) Any criminal or civil fines or penalties and any awards. (If yes, please explain) /'{O

Page 3 of6

d) If jobs are to be phased in, provide the date when each phase of employment will be fully implemented: (Please limit the phases to no more than three consecutive years.)

PhaseNumber of net new full-time equivalent Hardee County jobs created in business unit

Date by which those jobs will be created

I . /JI1-., d?OIt.PII I.a u o/7Ill /XJ ;(.D/8

TOTAL

e) For purposes of certification, agreement, and claim review indicate the wage and corresponding threshold (percentage) to which you commit by circling below (circle just one that reflects your overall average for your whole Hardee County unit):

h is 115% of the average wage of i1 3 . 25 in Hardee

County. b) $19.88 which is 150% of the average wage of $13.25 in Hardee

County.

c) $26.50 which is 200% of the average wage of $13.25 in Hardee County.Source of lnfonnation: Enterprise Florida, 2015.

PROJECT APPLICANT INFORMATION

a) Is the project located in a Community Redevelopment Area? _..; ; - . - . r o - :::: . - . _

b) Is the County or any other entity proovviisJ.·ing matching funds for this project?

------

Yes No

If yes, please provide supporting documentation. Tab#-

c) Please include whatever information you think will be helpful in the evaluation of theanticipated impact of the proposed project including a copy of any overall strategic or specific; . _. fproject/development plans and/or executive summary for the project. Tab# :: X:e..

CL. hR:J

d) This is a reimbursement grant. Please provide the financing piafor this project indicating which funds will be reimbursed by these grant dollars should the application be funded.Tab # ;5 }::;. g:t:et·a._c_ V\'E' c

e) Please provide evidence of the public use or other public good resulting from this project.Tab# ched

f) Please describe, in sufficient detail to evaluate the feasibility of the project, the anticipated schedule for the applicant's decision to proceed with the project; e.g., acquisition of property; obtaining permits and similar approvals, ground-breaking and other major phases ofs;uc- fkd initiation or operation; or other appropriate benchmarks for the project.

g) Include a list of all major permits, comprehensive plan amendments, zoning chan es.and similar approvals required and the associated time frames for each. Tab# A.f. 8::

h) Please provide projected operating budget for a minimum of three yea J.

Page4 of6

CONFLICT OF INTEREST

All applicants must disclose with their application the name of any elected official, officer, director, or agent who is also an employee of Hardee County, or Hardee County Economic Development Authority. Further, all applicants must disclose the name of any Hardee County or Hardee County Economic Development Authority staff or board member who owns, directly or indirectly, an interest of five percent or more in the company creating the employment opportunities that benefits from the proposed project or the name of any Hardee County or Hardee County Development Authority.

_ A . .._,. _ £ . _ . . 0 . . ' . - - / L J 3 J ---- Related documentation attached

PageS of6

Application completed by: To the best of my knowledge, the information included in this application is

-

AeA au /Mtu/e?L, 1-?

L-(company> '

tb3 - 73s-- )7CJ (Phone Number)

8 3-- 735- 3)9 (Fax Number)

I() /.Jo/;\' 1 (Date)

<(j&nt!fAdf;l;,.{' ovr1

(Contact Person, if

different) (E-mail Address if

different) (Address if

different)

(Phone if different)

(SignatUre of Authorized Officer)

Le.sli c: 8, c!&r;..J-u

(Phone Number)

g h .3 - 175- 3Jq(Fax Number)

/O /3o/;S:(Date)

S14trt -z,._@ ljf htJO.('1m0

(E-mailAd ress

Page6 of6

2 h) Ust the positions you will employ: (i.e.customer service,equipment operator,bookkeeper, production manager}

Position Annual Salary

Customer Service

Sales

Bookkeeper

31,699

31,699

31,699

In the beginning Iwould like to hire 3 people at these beginning salaries. As we grow Iwould like to hire an additional3 people in the areas of sales and shipping In year 2 and to continue to increase our employee base to be able to hire more sales,shipping,maintenance,custodialwith the i dea of adding commissions to the sales positions, and other incentives for work well done.

Number of employees year 1: 3 _ Totalannualsalaries: _$95,097_

Project Impact Information

a) What role will the incentive play in the decision of the applicant to locate or expand in HardeeCounty?At this time we are a startup company with little financialsupport, having the grant support will play a major role not only financially but in terms of training both in sales and marketing,which are crucialto the success of any venture, our time frame and the ability to be successful would be slowed dramatically.

b) Basically what kind of corporate citizen has the applicant been?

In the past Cantu Apiaries,Inc.has worked to grow the company and hire people to work with us most have worked on a part time basis,many full time. As beekeepers we are acutely aware of the environmentalimpacts that not only our business as well as others have on the community at large. Beekeeping is crucial to the health and wellbeing of everyone and our business is working to support beekeepers and bees in adding value to honey and hive products. We also see on a daily basis the effects of environmentaldamage to bees and for that reason we make every effort to educate our help and customers.

c) We believe there is a need in the consumer arena for quality skincare made from natural products that come from the hive,many years of experience have taught us that honey,royal jelly,propolls,pollen and beeswax can not only soften and strengthen,but improve many issues that we deal with on the outside of our bodies. They are also beneficial in many ways if used orally which is an area we intend to pursue in the near future.

d) Thisis a reimbursement grant; Supplies, Marketing, Advertising,Research and Development,

wages 4fme) Evidence ofthe public good: Increased employment,decent wages,broader tax

base,more opportunities for younger people,hopefully inspiring others to create for themselves and the community a better place to live,work and play.

This indu$y is comprised of companies that are engaged in providing products that

are beneficial to the health and well-being of the consumer. Our particular line

comes from a group of products that each have an intrinsic natural value.

The trend in this indusby is moving more to the natural products. as consumers

search out products that will enhance the quality of their skin and health, protect

from the sun and slow or stop the aging process. You have only to watch a few

minutes on television to realize the competition is fierce, there are any number of

companies vying for their share of the more than $19 billion just in the US alone.

Our customers are usually women between the ages of 35 and 65 who are affluent

and concerned about their health and the environment. They usually purchase our

products because honey has been used traditionally and is time proven, it

doesn't hann the skin and is beneficial to the body, and our customers thanks to

the internet are nationwide and growing.We are looking to move into the global

marketplace

We have natUraland organic skin care made from ingredients derived from the

amazing honeybee. Our line has products In it that have (of course)

honey,

beeswax. royal jelly, pollen and propolis. With products that soften, soothe

rough dry skin, enhance the condition of the skin with ingredients Dke propolis

that has natural anti·bilc:terlal. anti-viral. anti-fungal properties that help with

troubled skin. A lot of our customers tell us of different skin problems that have

been helped by our products. We are unique in that there are not many skin care

companies that specialize in ingredients from the hive.

We have applied for trademark rights, and have non-disclosure agreements with all

parties involved. We unfortunately began business in earnest at the beginning of the

economic slowdown and people have traditionally been hesitant to try new products.

We have begun to see an upturn in sales of our skin care products in the past

year. In the past we have attended small business to business expos all over Dade

and Broward counties. We return yearly to SOHO Expo (the Southeastern Natural

Products expo) and anticipate going to the 2 major national NaturalProducts Expos

as well as countless other regional and Women's Health Expos.

We are a family owned and operated business, established as an Limited Uability

Company in 2015, at this time we are in startup mode with increasing emphasis

on sales. Our team consists of Leslie Cantu and son Stephen as owners. Luke Cantu

is our Apiary Manager and CEO of Cantu Apiaries,Inc., Robin Boni is Office and

Operations manager

COMPANY BACKGROUND

Cantu Apiaries,Inc. is a family owned/operated beekeeping business, in ubusiness"

first as a hobbyist in 1975-76, that venture turned into a full time occupation around

1985 Incorporated in 2000 with honey prices still at the 1985 level they began

looking for ways to add value to their honey. In 2004 Peace River Products,Inc. was

born, the honey bottling business has grown over the years with the skin care

products providing a huge challenge both because of the economic collapse and the

fact that it is an incredibly competitive business. Bees and Botanicals,LLC has come

about because of a very difficult year last year and as an effort to focus solely on our

skin care line.

You have only to watch television to realize the competitive nature of the skin

care industry. P ucts all over are touting the benefits of their product lines and

are clearly moving into the natural products categories. They are spending lots of

money in an effort to comer their share of the cosmetic dollars in the local, national

& global market. Our product can be competitive in that market. Thent are

other honey lines out there but they are usually heavy and sticky.

At this time we have non-disclosure agreements with all parties connected to our

formulas and those fonnulas are kept under lock and key

Our major suppliers at this time are Nutraceuticals,Stakich,Bulk Apothecary and

lebermuth along with a few other smaller companies for the ingredients that go into

our products. Ughtning Labels and Professional Imaging,SKS bottles and packaging

for the containers and labels

It would require between $1800 and $2000 per product to develop more.products

for our line. We have a wish rast that lndudes a body wash. eye cram. shampoo

and conditioner, SPF products (lip balm and day cream) and pet products. At this

time we have people that buy our products to give to their dogs and horses.

We would like to go to 3-4 trade shows this year in an effort to introduce our

product line to the nationalmarket We are also looking at and have been invited

to trade shows and expos outside the country.

We are members of the Florida State Beekeepers Assodation,American Apitherapy

Society,Fresh from Rorida, Eastern Apicuttural Society.

THE INDUSTRY.COMPEltTION. AND MARKET

The Natural skin care industry accounts for 7.8 billion dollars in the U.S and 98

billion dollars globally. Market line reports growth at the rate of 21% over the next 5

years. The Honey industry is expected to grow at an annualrate 3.0% during that

same time period,this rate would be higher except for the influx of cheap imported

honey which drives down the price to the consumer redudng the amount the

beekeeper can make and slowing the growth of the industJy

1bent is a subtle shift in the market moving from natural to a more

health/beiluty conscious anti--aging and sun protection dientele with an

emphasis on Natural and Healthy.

While many agricultural products do show a seasonal rise or decline honey which

does not spoil can be adapted to any season and the trend to safer, anti-aging skin

care knows no season nor boundaries. The gender gap is even narrowing with the

onset of skin care for men.

There are 2 major natural products shows in the US one in the east (Baltimore, MD)

and one in the west (Anaheim,CA) As well as numerous smaller regionalshows and

an increasing number of shows directed at women.

The opportunities for growth are enonnous most natural products skiiK:are

companies with the exception of Burt's Bees cton•t address the ability of honey

and bee products to fill the needs the modem consumer. While we are seeing a

slight move in that direction, with the newest area, bee venom therapy. The use of

honey and bee products in medicine may positively affect demand over the next 5

years as new uses for bee products come to light.

Cheaper imported honey may cause beekeepers move more toward crop pollination,

taking them away from honey production which appears to be the trend in the

coming 5 years. ceo is still a threat to the beekeeping industry and drives up costs

for the beekeeper causing many to leave the industry.

Burt's Bees, Nutraceuticals,Aubrey Organics are the major competitors they are large

established companies, with plenty of funds to be able to grow their respective

product lin'es

We are a small family run business while they may have unlimited funds and large

quantities, we feel we make up for that in quality. Burt's Bees took a huge hit to

their reputation when they sold to Clorox and the natural products industry felt they

bailed on the industry. leaving a wobble in the market that can be filled by the

right company.

Nutraceuticals and Aubrey Organics while natural products oriented, are not

honeybee related.

Our major customers are retail markets, small health food stores and gift shops.

In the US alone by 2015 the cosmetics and personal care products industry $19.2

billion with the largest growth of approximately 30% in the natural care products

industry. Worldwide the skin care industry is expected to increase by 21% and reach

$95 billion, with billions of dollars and other denominations of funds on the table it

appears that the largest area of growth is in the Natural Care Products category

Anti-aging, sun protection and consumers paying attention to ingredients and what

is going on their skin

Women are the major purchasers of skin care products with 93% of the OTC

pharmaceuticals {which includes skin care, cosmetics) amounting to $5 Trillion

annually

It is our intention to continue locally and begin a push into the national level. We

are looking at women ages 35 and up, with moderate/upper income, with a primary

focus on women in the 50 to 70 age bracket.

Women account for 85% of all consumer purchases from autos to health care

In the natural products arena the consumer is usually educated in the things they

don't want in a product, they are also moving toward more environmentally and

health oriented products, while price is not always the deciding factor, it does figure

in.

MARKEnNG PLAN

Being a family owned and operated company that is small we feel is to our

advantage and disadvantage. Being small, we feel we are more flexible in our

structure to allow for change.

Our marketing plan is in its infancy, with no training and a lack of funds we have

relied on word of mouth and a grass roots campaign, along with attendance at area

trade shows and festivals. While this has increased our sales somewhat our plan is

to hire a sales team, obtain training in marketing, increase our advertising budget

and increase and improve our presence at trade shows.

_At this time we have advice from associates and research done with regard to our

pricing and are fully aware we may need changes in this area. In our online store and

our retail outlet we offer sales and coupons from time to time,while our wholesale

customers are offered a discounted price for a set minimum purchase.

MANAGEMENT,ORGANIZATION,AND OWNERSHIP

Owners: Leslie Cantu and son Stephen Cantu. For 39 years, Leslie has been

successful in a business that has taken its toll on any number of beekeepers

nationwide.

Stephen has been in the bees off and on for many years and ran a successful queen

rearing business.

Office and Operations Manager: Robin Bani, set up and maintains intemet websites

of www.peaceriverbees.com and www.beesandbotanicals.buzz r is the shipping

department/customer service for sales, handles the retail store and bottling facility.

These are all thing she has done for the past 10 years

Apiary manager CEO of Cantu Apiaries, Inc.: Luke Cantu has been In the bee

business since the age of 8

Professional Consultants

les Moore, CPA David Noel, SBDC Tanya Comparetto, Attorney Kristin Giuliani

Marketing Autumn Blum and Faith Connelly mentors and counsellors

Goals and Strategies

We are looking forward to increasing our Marketing and Sales to cover the state of

Florida within the next year with the help of the tradeshows both national and

regional we plan to introduce our skin care to a broader market in the next 2 - 3

years with an increase in sales nationally and within the next 5 years we plan to

be exporting to the global marketplace in a cooperative effort with the Florida

Department of Agriculture and Consumer Services.

Critical to the success of the above timeline is the ability to produce product in a

timely manner, as well as expand our product line and a marketing plan that will

improve and increase our footprintin this very competitive industry. We look for

changes in the way we advertise and promote our products and increased research

and development of new products not only for consumers but their pets as well.

As with any business, change and progress is essential. To continue on in the same

pattern would mean certain death and the hope is to bring in fresh thinking and

younger approaches to balance with the steadiness of time tested quality and values.

This industry is comprised of companies that are engaged in providing products that

are beneficial to the health and well-being of the consumer. Our particular line

comes from a group of products that each have an intrinsic natural value.

The trend in this industry is moving more to the natural products. as consumers

search out products that will enhance the quality of their skin and health, protect

from the sun and slow or stop the aging process. You have only to watch a few

minutes on television to realize the competition is fierce, there are any number of

companies vying for their share of the more than $19 billion just in the US alone.

Our customers are usually women between the ages of 35 and 65 who are affluent

and concerned about their health and the environment They usually purchase our

products because honey has been used traditionally and is time proven, it

doesn't harm the skin and is beneficial to the body, and our customers thanks to

the internet are nationwide and growing. We are looking to move into the global

marketplace

We have natu-ral and organic skin care made from ingredients derived from the

amazing honeybee. OUr line has praducts In it that have (of course) honey,

jelly, pollen and ptap0rl5. With products that soften, soothe

raugh dry sldn. enhance the condition of the sldn with ingredients Uke propolis

that has natural anti-bacterial. anti-viral, anti-fungal properties that help with

troubled skin. A lot of our customers tell us of different skin problems that have

been helped by our products. We are unique in that there are not many skin care

companies that specialize in ingredients from the hive.

We have applied for trademark rights, and have non-disclosure agreements with all

parties involved. We unfortunately began business in earnest at the beginning of the

economic slowdown and people have traditionally been hesitant to try new products.

We have begun to see an upturn in sales of our sldn care products in the past

year. In the past we have attended small business to business expos all over Dade

and Broward counties. We return yearly to SOHO Expo (the Southeastern Natural

Products expo) and antidpate going to the 2 major national Natural Products Expos

as well as countless other regional and Women's Health Expos.

We are a family owned and operated business. established as an Umited liabil"lty

Company in 2015.at this time we are in startup mode with inaeasing emphasis

on sales. Our team consists of Leslie Cantu and son Stephen as owners. Luke Cantu

is our Apiary Manager .and CEO of Cantu Apiaries,Inc., Robin Boniis Office and

Operatiqns manager

COMPANYBACKGROUND

Cantu Apiaries, Inc. is a family owned/operated beekeeping business, in-·business"

first as a hobbyist in 1975-76, that venture turned into a full time occupation around

1985 Incorporated in 2000 with honey prices still at the 1985 level they began

looking for ways to add value to their honey. In 2004 Peace River Products, Inc. was

born,the honey bottting business has grown over the years with the skin care

products providing a huge challenge both because of the economic collapse and the

fact that it is an incredibly competitive business. Bees and Botanicals,LLhas come

about because of a very difficult year last year and as an effort to focus solely on our

slcin care line.

Bees and Batania11s, LLC was designed to focus sa1e1J on the sldn cant lne Irs

Currently Bees arid Botanicals, LLC is in a startup stage where we are too

small to be able to work with suppliers at reasonable prices and time frames.

Marketing and sales have been mostly word of mouth and grass roots,

attending festivals. expos etc.

The company plan is to impnNe our placement in the industry by

ir_:, peasing our piOduct offera"lg and hopefully being able to hire an

-·

Bees and Botanicals. lLC. is solely owned by Leslie Cantu and son Stephen Cantu

oar honey is raw and u•••IEied. aur slcln aue Is made with ......... ll!'d maslly organic 1ngrec1ents. Honey, being soothing and hygroscopic. leaves your skin better in many ways. We have creams and lotions that are non sticky & vanishing and our customers continue to tell us how our products have helped with a varietyof skin problems. Their skin is better, more resilient, less inilated, without theconcern of synthetic ingredients that are absorbed in the sldn.

You have only to watch television to realize the competitive nature of the skin care

industry. Pr ucts all over are touting the benefits of their product lines and are

clearly moving into the natural products categories. They are spending lots of money

in an effort to corner their share of the cosmetic dollars in the local, national

& global market. Our product can be competitive in that market. There are

other honey lines out there but they are usually heavy and sticky.

At this time we have non-disclosure agreements with all parties connected to our

formulas and those formulas are kept under lock and key

Our major suppliers at this time are Nutraceuticals. Stakich, Bulk Apothecary and

lebermuth along with a few other smaller companies for the ingredients that go into

our products. Ughtning Labels and Professional Imaging, SKS bottles and packaging

for the containers and labels

It would require between $1800 and $2000 per product to develop more.products

for our line. We have a wish list that includes a body wash, eye cream. shampoo

and conditioner, SPF products (lip balm and day cream) and pet products. At this

time we have people that buy our products to give to their dogs and horses.

We would like to go to 3-4 trade shows this year in an effort to introduce our

product line to the national market We are also looking at and have been invited

to trade shows and expos outside the country.

We are members of the Florida State Beekeepers Association, American Apitherapy

Society, Fresh from Florida,Eastern Apicultural Society.

THE INDUSTRY. COMPETITION. AND MARKET

The Natural skin care industry accounts for 7.8 billion dollars in the U.S and 98

billion dollars globally. Market line reports growth at the rate of 21% over the next 5

years. The Honey industry is expected to grow at an annual rate 3.0% during that

same time period, this rate would be higher except for the influx of cheap imported

honey which drives down the price to the consumer reducing the amount the

beekeeper can make and slowing the growth of the industry

There is a subtle shift in the market moving from natural to a more

health/beauty conscious anti-aging and sun protection clientele with an

emphasis on Natural and Healthy.

While many agricultural products do show a seasonal rise or decline honey which

does not spoil can be adapted to any season and the trend to safer, anti-aging skin

care knows no season nor boundaries. The gender gap is even narrowing with the

onset of skin care for men.

There are 2 major natural products shows in the US one in the east (Baltimore, MD)

and one in the west (Anaheim, CA) As well as numerous smaller regional shows and

an increasing number of shows directed at women.

The opportunities for growth are enonnous most natural products skincare

companies with the exception of Burt's Bees don•t address the ability of

honey

and bee products to fill the needs the modem consumer. While we are seeing a

slight move in that direction, with the newest area, bee venom therapy. The use of

honey and bee products in medicine may positively affect demand over the next 5

years as new uses for bee products come to light

Cheaper imported honey may cause beekeepers move more toward crop pollination,

taking them away from honey production which appears to be the trend in the

coming 5 years. ceo is still a threat to the beekeeping industry and drives up costs

for the beekeeper causing many to leave the industry.

Burt's Bees, Nutraceuticals, Aubrey Organics are the major competitors they are large

established companies, with plenty of funds to be able to grow their respective

product lines

We are a small family run business while they may have unlimited funds and large

quantities, we feel we make up for that in quality. Burt's Bees took a huge hit to

their reputatin when they sold to Clorox and the natural products industry felt they

bailed on the industry. leaving a wobble in the market that can be filled by the

right company.

Nutraceuticals and Aubrey Organics while natural products oriented, are not

honeybee related.

Our major customers are retail markets, small health food stores and gift shops.

In the US alone by 2015 the cosmetics and personal care products industry $19.2 billion with the largest growth of approximately 30% in the natural care products

....

industry. Worldwide the skin care industry is expected to increase by 2% and reach$95 billion, with billions of dollars and other denominations of funds on the table it appears that the largest area of growth is in the Natural Care Products category

Anti-aging, sun protection and consumers paying attention to ingredients and what

is going on their skin

Women are the major purchasers of skin care products with 93% of the OTC

pharmaceuticals (which includes skin care, cosmetics) amounting to $5 Trillion

annually

It is our intention to continue locally and begin a push into the national level. We

are looking at women ages 35 and up, with moderate/upper income, with a primary

focus on women in the 50 to 70 age bracket

Women account for 8596 of all consumer purchases from autos to health care

In the natural products arena the consumer is usually educated in the things they

don'want in a product, they are also moving toward more environmentally and

health oriented products, while price is not always the dedding factor, it does figure

in.

MARKETING PLAN

Being a family owned and operated company that is small we feel is to our

advantage and disadvantage. Being small, we feel we are more flexible in our

structure to allow for change.

Our marketing plan is in its infancy, with no training and a lade of funds we have

relied on word of mouth and a grass roots campaign, along with attendance at area

trade shows and festivals. While this has increased our sales somewhat our plan is

to hire a sales team, obtain training in marketing, increase our advertising budget

and increase and improve our presence at trade shows.

_At this time we have advice from associates and research done with regard to our

pricing and are fully aware we may need changes in this area. In our online store and

our retail outlet we offer sales and coupons from time to time, while our wholesale customers are offered a discounted price for a set minimum purchase.

MANAGEMENT, ORGANIZATION,AND OWNERSHIP

Owners: Leslie Cantu and son Stephen Cantu. For 39 years, Leslie has been

successful in a business that has taken its toll on any number of beekeepers

nationwide.

Stephen has been in the bees off and on for many years and ran a successful queen

rearing business.

Office and Operations Manager. Robin Boni, set up and maintains internet websites

of www.peaceriverbees.com and ww w . beesandbotanicals.buzz , is the shipping

department/customer service for sales, handles the retail store and bottling facility.

These are all thing she has done for the past 10 years

Apiary mana g er CEO of Cantu Apiaries, I n c.: Luke Cantu has been in the bee

business since the age of 8

Prof!Hional Consultant!

Les Moore,CPA David Noel,SBDC Tanya Comparetto,Attorney Kristin Giuliani

Marketing Autumn Blum and Faith Connelly mentors and counsellors

Goals and Sbategles

We are looking forward to increasing our Marketing and Sales to cover the state of

Florida within the next year with the help of the tradeshows both nationaland

regional we plan to introduce our skin care to a broader market in the next 2 - 3

years with an increase in sales nationally and within the next 5 years we plan to

be exporting to the globalmarketplace in a cooperative effort with the Florida

Department of Agriculture and Consumer Services.

Critical to the success of the above timeline is the ability to produce product in a

timely manner,as well as expand our product line and a marketing plan that will

improve and increase our footprint in this very competitive industry. We look for

changes in the way we advertise and promote our products and increased research

and development of new products not only for consumers but their pets as well.

As with any business, change and progress is essential. To continue on in the same

pattern would mean certain death and the hope is to bring in fresh thinking and

younger app hes to balance with the steadiness of time tested quality and values.

April May June July August Sept. Oct Nov. Dec. Total

$ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 300.00 $ 2,700.00$

$ 3,800.00 $ 450.00 $ 450.00 $ 2,950.00 $ 450.00 $ 450.00 $ 450.00 $ 450.00 $ 450.00 $ 9,900.00$

$ 14,000.00 $ 14,000.00 $ 14,000.00 $ 17,000.00 $ 17,000.00 $ 17,000.00 $ 17,000.00 $ 17,000.00 $ 17,000.00 $ 144,000.00$

$ 21,400.00 $ 4,000.00 $ 4,500.00 $ 3,000.00 $ 5,500.00 $ 3,000.00 $ 3,000.00 $ 5,500.00 $ 3,000.00 $ 52,900.00$

$ 7,500.00 $ 10,000.00 $ 1,000.00 $ 1,000.00 $ 8,000.00 $ 500.00 $ 500.00 $ 1,000.00 $ 500.00 $ 30,000.00$$

$ 239,500.00

Equipment and SuppliesBudget:

Categories:

$ 2,700.00

OverheadBudget: $ 9,900.00

Categories: Insurance Accounting Utilities Postage

StaffingBudget: $

Categories: Operations Sales/Customer Service Marketing/SocialMediaKitchen/Production (Remedies) Admin/BookkeeperProduction

* Newly created opportunity

MarketingBudget:

Categories:Trade Shows and EventsTravelMarketing Materials Website/Social Media Rebranding Advertising/PR

$ 52,900.00

InventoryBudget: $ 30,000.00

Categories: InventoryNew Product Development

v'(

--- - --- - - -- --------+

vi

- - --- -- -- - - - ·-·--1-------t-- ·---------- - ---- ·-- -- --- -- - 1---------·1

44 ?

J K I L M I N I 0 I p a43 -- - - ·· - ---- ---- ------ ----- f--·--- . -

- -----·- -- · ------ -- - -·--·-- - - - -- - ---··- - --- ·- -- ·------ -- -------45 ?···· -- ----- --- ---- - ·--·-----·-- ------- --46 ? - -·--- -- ---- ------ - ·--4 7

48? -·- ---- --------- ---------·-- ----- ----$0

--·------49 Monthly Loan Payment 1Q ' i!!'---- - f§· - - - iQ··-

.iQ iQ iQ150 TOTAL CASH OUT - --- $6,402 $4,102 $3,752 $34,252 $3,752 $3,752 $245,651

(SUM14thru 41)

53 ENDING CAS I!{3 plus 52} _ _ _16 .!._o. -= -- --?

52 CASH FLOW (10 minus SO) -$5,287 -$2,787 -$2,637 -$33,137 -$2,637 -$2,637 $19,954- 6 5.!.. ..=-}§2_ .!..30 ·

12 56 $24,219

54 ... --· · -- - -- ----·- - ··--- - -- - --------55 -- - ·-- - - -- --

56 --- ·-- - --57

$1 600

--------------+------------·

$13,$90(0) _ _

. $250,000 -- --+------ ·!

-- ·- -··+·- ..$0 -- --

+- ---t-------t-- ---+- -- - -- - --- ==-iQ----=------- 263, QQ_ ·- - -

-----1------ ---·--t·----

-- --------- -+------------- - ---· -----

------·--·-·-----

46

·-

L M N 0 I p Q I s T43 -·- ·-- - - ·--------- - ----44 --1--- -·-----···· --- ........._....,.,.,.,_ ,,,. 1-. ·-··-·-·--·-·---··-- - --·- --·-----45 --- -- - ·- -----47 ··-- ·- ··--- - -

- ·-·- -- ..·-----··.. <-

------···

·· 1- - - - · - -- -- - ---·-··-·--·-·-·- _ ,

4849 JQ. lQ_

....

iQ lQ s$o0 .. ,.._,__ ,. ........_

1---- ···--

._ _ -·------·51

$7,543 $6,293 $6,043 $5,793 $5,543 $224,807 .. -·------12 ·$5,893 -$4,793 $5,143 ·$5,193 -$5,143 $49,01153 $83,584 $78,791 $73,648 $68,455 $63,

1 1-· ·-- ·- - - -- -----

___ - -----·-

54 ·--·-··--·

..

---- --·----·-

55 --1---· ..._. -------• •w_,.,..,. .,_,_, _,,,.,_,_,.., ···---.,···· ·-56 --57

I , , , ;

'

K L M I N 0 I p Q

434445 --46

--·-474849 to 1Q L iQ 1Q to50 $11,748 $11,598 $11,748 $11,598 $11,748 $11,598 $234,5825152 -$5,748 $33,402 $3,252 -$7,598 -$8,748 -$9,598 $85,91853 $143,663 $177,065 $10,317 $172,719 $1-.!. 71 $154,3735455 ------56 ----57

EXHIBIT B

Project Description

Bees and Botanicals is an all-natural, skin care and remedies company providing products produced from the Heart of the Hive.

The goal of the company is to create a thriving Hardee County business with the ability to offer a range of employment opportunities.

The Grant award will be utilized to add jobs and increase marketing efforts focused on rapid growth of the brand. Bees and Botanicals will make every effort to acquire national placement in a variety of markets.

1

EXHIBIT C

Criteria for Measurement of Achievement ofTerms Agreed to Under theInfrastructure Program

Financial Reporting Procedures for Quarterly Reports and Reimbursement

The financial reporting procedure establishes guidelines for grant funds

disbursed through the EDA. The procedures set forth principles for determining eligible

costs, supporting documentation and minimum reporting requirements to assist both

parties in receiving appropriate and timely reimbursement.

Grant funds shall be reimbursed in accordance with good cash management

principles as identified by law. The reimbursement shall include only expenditures

related to the project elements and the period as identified in the agreement. The

Business shall submit the attached quarterly progress report and reimbursement

request forms to request reimbursement on an annual quarterly basis. The forms must

contain all the information as requested. Each cost should clearly reflect the project

element and a brief description of work performed. The office shall retain up to 10% of

its obligations to ensure compliance with agreement terms and conditions. Retained

funds shall be released upon satisfactory completion of the project.

Documents that support the reimbursement shall be retained as described in

Section 7.0 of the Agreement.

1

Reimbursement Request Package

Recipient Details1. Grant/Recipient

2. Project Number Date of Request

3. Disbursement Request Number

4. Type of Request: Partial Final

5. FederalEmployer Identification Number

6. Send Remittance to:

Reimbursement Details(Cumulative amounts)

1. Architectural and Engineering (attach Invoices) ......;$ ------------2. Permitting (attach invoices) ......;$::;,. _

3. Construction and/or Demolition (attach inyoices) ......;$::;,. _

5. Other (list - must be specified in agreement) _$ -----------

6. TotalCumulative to Date $--------------7. Less Retainage (10%) (not required for government entities) _$ ----------------8. Less Previous Disbursements $-----------------9. Amount requested for disbursement (line 6 minus line 7 & 8) ......;..$ _

Requests for Invoices already Paid:1) Copy of Invoice2) Proof of Payment

**SUBMIT ONE ORIGINAL COPY OF THIS FORM AND SUPPORTING DOCUMENTATION TO:**

Hardee County Economic Development AuthorityC/0 County Manager's Office412 W.Orange St., Room 103

Wauchula,FL 33873863-773-9430 Phone;863-773.0958 Fax

2

Business Agreement AdministratorCertification of Reimbursement Request

I,

(name of Grantee's Business Agreement Administrator designated in the Agreement)

on behalf of -------------------- , do hereby certify that: (name of Grantee/Recipient)

1. The disbursement amount requested on page 1 of this form is for allowable costs for the project described in the Agreement.

2. Materials, labor, equipment, and/or services representing costs included in the amount requested have been satisfactorily purchased, performed or received, and applied toward completing the project; such costs are documented by invoices or other appropriate documentation,which are filed in the Grantee's permanent records.

3. The Grantee is required to pay such costs under the terms and provisions of contracts relating directly to the project, and the Grantee is not in default of any terms or provisions of the contracts.

4. All funds received to date have been applied toward completing the project.

5. All permits and approvals required for the construction, which is underway,have been obtained.

(Signature of Business Agreement Administrator}

(Date)

3

PROJECT STATUS REPORT

ProjectNAME:

ProjectNumber:

PROJECT ELEMENTS WORK ACCOMPLISHED %COMPLETED

PROBLEMS ENCOUNTERED/COMMENTS

Period Covered(Check Appropriate Period)

January through MarchApril through June

July through September_ October through December

Due April 15thDue July 15tn

Due October 151nDue January 15th

Business Agreement Administrator: --------=---------=------ Signature Date