Manatee County Government Administrative Center Manatee ... · NEIGHBORHOOD SERVICES DEPARTMENT...

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March 18, 2014 - Work Session (Morning) Agenda Item #1 Subject Jobs Now Initiative Briefings Briefing Provided Upon Request Contact and/or Presenter Information Cheri Coryea, Director Neighborhood Services Department Karen Stewart, Economic Development Division Manager Action Requested Review report of statistics on Board of County Commission Economic Development Incentive Program, aka "Jobs Now Initiative" since inception (2009) to present. Enabling/Regulating Authority 2009 Board approved Economic Development Incentive Program Background Discussion Through a series of listening meetings and staff research in 2009, the BOCC created an Economic Development Incentive (EDI) Program to promote a "Jobs Now" approach in Manatee County. 10 Objectives were adopted to create the basis of the EDI/Jobs Now Program: 1: Business Expansion 2: Business Relocation 3: Business Retention 4: Project Acceleration - Infrastructure Improvements 5: Incentive and Fee Mitigation Program 6: Skilled Workforce 2009-2020 7: Business Friendly Environment 8: Community Redevelopment Areas 9: Sustainable Housing Initiative 10: Encouragement Zone Development Through the EDI/Jobs Now program the County offers a financial incentive to companies that relocate or expand their business in eligible industry categories, create 5 or more quality jobs at or above the Manatee County Government Administrative Center Manatee Room, Fourth Floor 9:00 a.m. - March 18, 2014

Transcript of Manatee County Government Administrative Center Manatee ... · NEIGHBORHOOD SERVICES DEPARTMENT...

March 18, 2014 - Work Session (Morning) Agenda Item #1

Subject Jobs Now Initiative Briefings Briefing Provided Upon Request Contact and/or Presenter Information

Cheri Coryea, Director Neighborhood Services Department

Karen Stewart, Economic Development Division Manager

Action Requested

Review report of statistics on Board of County Commission Economic  Development Incentive Program, aka "Jobs Now Initiative" since inception (2009) to present.

Enabling/Regulating Authority

2009 Board approved Economic Development Incentive Program

Background Discussion

● Through a series of listening meetings and staff research in 2009, the BOCC created an Economic Development Incentive (EDI) Program to promote a "Jobs Now" approach in Manatee County.

● 10 Objectives were adopted to create the basis of the EDI/Jobs Now Program: ❍ 1:   Business Expansion ❍ 2:   Business Relocation ❍ 3:   Business Retention ❍ 4:   Project Acceleration - Infrastructure Improvements ❍ 5:   Incentive and Fee Mitigation Program ❍ 6:   Skilled Workforce 2009-2020 ❍ 7:   Business Friendly Environment ❍ 8:   Community Redevelopment Areas ❍ 9:   Sustainable Housing Initiative ❍ 10: Encouragement Zone Development

● Through the EDI/Jobs Now program the County offers a financial incentive to companies that relocate or expand their business in eligible industry categories, create 5 or more quality jobs at or above the

Manatee County Government Administrative CenterManatee Room, Fourth Floor9:00 a.m. - March 18, 2014

average annual County wage, and/or make a unique capital investment. ● Since the inception of the program, over 75 companies have been awarded an incentive in the program. ● 62 Projects are currently active and 19 Projects are inactive. ● 3,562 potential job incentive awards have been granted through the year 2021. ● 1,032 jobs averaging a $46,664 annual wage have been created through year 2012. ● $ 2,590,773 in incentive funds have been paid for jobs created, with a potential capital return on

investment of $460,448,222 through year 2021. ● Staff will be presenting potential concepts for new or modified incentives to enhance redevelopment

efforts in the CRA/TIF portion of this worksession.

County Attorney Review Not Reviewed (No apparent legal issues) Explanation of Other Reviewing Attorney N/A Instructions to Board Records

None

Cost and Funds Source Account Number and Name TBD annually based on eligible incentive awards Amount and Frequency of Recurring Costs Paid annually per agreement terms and eligible activities Attachment:  Economic Development Update-02.25.14.pdf Attachment:  Jobs By Industry-032014.pdf Attachment:  FL Targeted Industries for Incentives02.11.pdf Attachment:  ED Incentives Approved by BOCC As of 02 25 14.pdf Attachment:  Economic Incentive Program-2013.pdf

Manatee County Government Administrative CenterManatee Room, Fourth Floor9:00 a.m. - March 18, 2014

NEIGHBORHOOD SERVICES DEPARTMENT

ECONOMIC DEVELOPMENT UPDATE 02/25/14 (projected)

62 active projects are currently approved for performance based job creation incentives (19 inactive)

Business type 31 new, 31 expanded and/or retained

Jobs projected 3,260 new (Through FY 2020 - 2021) 302 retained 3,562

Average wage $ 46,664 (30% higher than the 2012 Manatee Average Wage of $35,795 for company)

Incentives approved $ 6,725,585 Investment in all incentive programs

$1,063,200 QTI Match

$ 5,273,754 Economic Development Incentive Grants

$ 388,631 Transportation Impact Fee Incentives

Capital Investment $460,448,222 (estimated)

Property Tax Return on Investment = $305 million over 5 – 10 years (estimated)

Potential wages created in Manatee County = $1.8 billion over 5 - 10 years (Direct/indirect jobs)

Targeted Sectors

Financial/Professional Services Corporate Headquarters Infotech Machinery Manufacturing Medical Manufacturing Aviation / Aerospace Manufacturing Trade and Distribution Sports Performance Defense Manufacturing Manufacturing / Electronics Research and Development Maritime and Distribution Life Sciences Cleantech

Since October 1, 2013:

Rapid Response 30 businesses have been served by “at your service” team in FY 2013-2014

Business Scoping 57 businesses received services for new project scoping in collaboration with Building and Development Services, Public Works, Utilities, Natural Resources, and other county departments to facilitate project development for job creation.

Business Retention 92 businesses received services to assist with economic development and job Attraction, and creation goals. Expansion

Karen M. Stewart Economic Development Program Manager

Neighborhood Services Department 1112 Manatee Ave W, Bradenton, FL 34205

941-749-3029 [email protected]

JOB CREATION BY TARGETED INDUSTRIES, MANATEE COUNTY As at 3.11.14

Manufacturing - 54%

Headquarters - 22%

Infotech - 12%

Life Sciences - 5%

Financial Services - 2%

Sports Performance - 4%

Hospitality - 0%

Global Logisitics - 1%

Cleantech - 0%

Manufacturing - 37%

Headquarters - 37%

Infotech - 8%

Life Sciences - 12%

Financial Services - 3%

Sports Performance - 2%

Hospitality - 0%

Global Logisitics - 1%

Cleantech - 0%

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000

Manufacturing - 55%

Headquarters - 20%

Infotech - 5%

Life Sciences - 8%

Financial Services - 4%

Sports Performance - 3%

Hospitality - 1%

Global Logisitics - 1%

Cleantech - 4%

Manufacturing - 45%

Headquarters - 37%

Infotech - 7%

Life Sciences - 1%

Financial Services - 2%

Sports Performance - 1%

Hospitality - 2%

Global Logisitics - 1%

Cleantech - 3%

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000Manufacturing - 47%

Headquarters - 15%

Infotech - 2%

Life Sciences - 14%

Financial Services - 0%

Sports Performance - 9%

Hospitality - 3%

Global Logisitics - 1%

Cleantech - 9%

Workforce training collaborators will need to know the number of jobs being created per Targeted Industry in Manatee County so that the skills needed by incentivized and related companies are available as needed. The following charts are drawn from Departmental data about economic dvevelopment incentives in Manatee County.

0

500

1000

1500

2000

0100200300400500600

$0$500,000

$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000

Figure 1. Jobs Projected to 2021

Total: 3,562

Figure 2. Jobs Created to 2012

Total: $6,725,585

Figure 3. Incentives Adopted Figure 3. Incentives Adopted

Total: 1,032

Figure 5. Projected Capital Investment

Total: $460,448,222

Figure 5. Projected Capital

Investment

Source: Economic Development Incentives Approved by BOCC

Total: 1,032

Total: $6,725,585

Total: 3,562

Figure 4. Incentives Paid Through 2012 Figure 4. Incentives Paid

Through 2012

Total: $2,590,773

Total: $2,590,773

Total: $460,448,222

Figure 1. Jobs Projected to 2021

Figure 2. Jobs Created to 2012

JOB CREATION BY TARGETED INDUSTRIES, MANATEE COUNTY As at 3.11.14

Targeted Industry Figure 1: Figure 2: Figure 3: Figure 4: Figure 5:

Jobs Projected to 2021

Jobs Created to

2012

Average Wage by Targeted Industry

Incentives Adopted

Incentives Paid

Through 2012

Projected Capital

Investment

Sample Companies

Manufacturing 1892 553 $49,111 $2,832,823 $966,293 $213,826,300 CEC Motors & Utility Services, Air Products

Headquarters 692 233 $45,656 $2,309,179 $955,608 $68,555,595 Feld, It Works! Global

Infotech 180 122 $64,661 $416,330 $216,330 $6,850,000 Star 2 Star, Clare Controls

Life Sciences 276 49 $66,620 $68,180 $302,407 $62,449,000 Dentsply, ISPG

Financial Services 133 18 $40,000 $133,000 $75,000 $1,462,627

Sports Performance 90 46 $39,500 $90,000 $41,000 $40,000,000 IMG (90)

Hospitality 35 0 N/A $125,000 0 $15,500,000

Global Logisitics 25 11 $44,500 $41,135 $34,135 $4,712,000

Cleantech 121 0 $47,353 $215,796 0 $42,100,000

*TOTAL 3,562 1,032 $46,664 $6,725,585 $2,590,773 $460,448,222

*total for all EDI/QTI companies

Source: (i) Economic Development Incentives Awarded by BOCC (.xls) (ii) Manatee County Quality Job Creation (.xls)

2012 Manatee County Wages:

Average Annual Wage = $35,795

115% = $41,164

150% = $53,693

200% = $71,590

Jobs Created by Targeted Industries in Manatee County: 2009 - 2012

Targeted Industry 2009

Projected

2009

Actual

2010

Projected

2010

Actual

2011

Projected

2011

Actual

2012

Projected

2012

Actual

2009-2012

Total

Projected

2009-2012

Total Actual

Manufacturing 20 20 104 99 255 404 321 30 700 553

Headquarters 0 0 0 0 103 183 87 50 190 233

Infotech 0 0 28 44 31 11 67 67 126 122

Life Sciences 0 0 0 0 14 14 75 35 89 49

Financial Services 0 0 26 6 39 12 30 0 95 18

Sports Performance 0 0 25 2 30 28 11 16 66 46

Hospitality 0 0 0 0 0 0 35 0 35 0

Global Logistics 0 0 5 5 6 6 7 0 18 11

Cleantech 0 0 0 0 21 0 0 0 21 0

TOTAL 20 20 188 156 499 658 633 198 1,340 1,032

Source: (i) Economic Development Incentives Awarded by BOCC (.xls) (ii) Manatee County Quality Job Creation (.xls)

~ •. ,.m · QUALIFIED TARGEHD INDUSTRIES fOR INCENTIVES ... -~.:

Biomass& Biofuels Processing

Energy Equipment Manufacturing

Energy Storage Technologies

Photovoltaic

Environmental Consulting

Biotechnology

Pharmaceuticals

MEDICAL DEVJaS: Laboratory and

Surgical Instruments

Diagnostic Testing

Global Logistics Marine Sdences

Materials Sdence Nanotechnology

Modeling, Simulation AVIATION: and Training Airaaft and Aircraft

Optics and Photonics Parts Manufacturing

Digital Media Maintenance Repair and Overhaul of

Software Aircrafts Electronics Navigation

Telecommunications Instrument Manufacturing

Flight Simulator Training

AEROSPACE: Space Vehides and

Guided Missile Manufacturing

EQUIPMENT: Optical Instruments

Navigation Aids

Ammunition

Electronics

TRANSPORTATION: Military Vehides

Shipbuilding and Repair

TECHNOLOGY: Computer Systems

Design

Simulation and Training

Food and Beverage Automotive and Marine

Plastics and Rubber Machine Tooling

FINANCIAL SERVICES: Banking

Insurance

Securities and Investments

PROFESSIONAL SERVIa5: Corporate

Headquarters

Engineering

Legal

Accounting

Consulting

Businesses able to locate in other states and serving multi-state and/or international markets are targeted. Call Centers and Shared Service Centers may qualify for incentives if certain economic criteria are met. Retail activities, utilities, mining and other extraction or processing businesses, and activities regulated by the Division of Hotels and Restaurants of the Department of Business and Professional Regulation are statutorily excluded from consideration. All projects are evaluated on an individual basis and therefore operating in a target industry does not automatically indicate eligibility.

For additional information about Florida's business advantages, please visit Enterprise Florida's website at www.eflorida.com

or call407.956.5600. Rev 2111

ECONOMIC DEVELOPMENT INCENTIVES AWARDED BY BOCC

Targeled Projected Retained NE Average Eligibility Projected Capilal QTI Total Total 2009 · 2020· No. Project Name Business Industry Jobs Jobs R Wage Wage% lnvutment Match ·ED I .. TIFI 2010 2010·2011 2011· 2012 2012 ·2013 2013.2014 2014·2015 2015.2016 2016·2017 2017.2018 2018-2019 2019·2020 2021

Oliphanl Financial FinanciaVProfessi 1 Ring LLC onal Services 133 N $40,000 115% $1,462,627 $0 $133,000 0 $0 $6,000 $39,000 $30,000 $30,000 $28,000 $0

ome·1ecn 2 HomeTech Consolidated Inc. Headquarters 22 N $44,000 115% $680,000 $0 $22,000 3,932 $0 $0 $11 ,932 $4,000 $4,000 $4,000 $2,000

Star2Star Star2Star Communications

3 Communications LLC LLC lnfotech 80 E $47,669 115% $350,000 $0 $80,000 0 $0 $25,000 $22,000 $20,000 $13,000

40EM Vee Three LLC Manufacturing 20 E $39,500 115% $2,700,000 $12,000 $0 0 $1,500 $2,250 $3,000 $3,000 $1 ,500 $750

5 Exactech Exactech Manufacturing 29 E $61 ,400 150% $7,000,000 $0 $58,000 0 $0 $8,000 $0 $10,000 $18,000 $22,000 $0

6DCA Dental Care Alliance Headquarters 28 E $45,135 115% $750,000 $0 $28,000 0 $0 $0 $7,000 $9,000 $3,000 $4,000 $5,000

7 Yukon TBA Headquarters 48 E $41,000 115% $150,000.00 $0 $48,000 0 $12,000 $12,000 $10,000 $8,000 $6,000

Centec Equipment 8 CE LLC Global Logistics 20 N $49,000 115% $4,512,000 $0 $20,000 16,135 $0 $21 ,135 $6,000 $2,000 $2,000 $5,000

j<>PO s 9 IMG Academies IMG Academies Performance 65 E $39,000 115% $25,000,000 $0 $65,000 0 $0 $2,000 $28,000 . $11,000 $11,000 $13,000 $0

l::;ports 10Goal IMG Academies Performance 25 E $40,000 115% $15,000,000 $0 $25,000 0 $5,000 $5,000 $5,000 $5,000 $5,000

Trinity Graphics USA Trinity Graphics 11 Inc USA Inc Manufacturing 23 E $50,342 115% $1,500,000 $0 $23,000 0 $0 $0 $8,000 $0 $8,000 $7,000

rerce 12. a. Bluewater Manufacturing Manufacturing 150 E $0 0% $5,650,000 $150,000 $0 0 $0 $84,000 $0 $16,500 $16,500 $16,500 $16,500

rerce 12. b. Bluewater Manufacturing Manufacturing 25 $41 ,000 115% $0 $0 $175,000 4,876 $0 $4,876 $35,000 $35,000 $35,000 $35,000 $35,000

13 Full xByte Technology lnfotech 38 E $64,170 150% $2,000,000 $0 $76,000 0 $2,000 $12,000 $6,000 $32,000 $24,000

CEC Motor & Utility 14. a. Gold Services Manufacturing 0 N $0 0% $1 ,250,000 $18,000 $0 0 $2,250 $3,750 $4,500 $4,500 $2,250 $750

CEC Motor & Utility 14. b. Gold Services Manufacturing 36 N $58,534 200% $0 $0 $90,000 0 $32,500 $15,000 $17,500 $12,500 $12,500

15. a. Grand IT Works Global Headquarters 0 $0 0% $5,150,000 $108,000 $0 0 $16,500 $22,500 $27,000 $27,000 $10,500 $4,500

15. b. Grand IT Works Global Headquarters 90 N $50,373 150% $0 $0 $180,000 27,343 $0 $92,000 $28,000 $47,343 $20,000 $20,000

16 Lucky Geltel Toyota Headquarters 120 E $42,000 115% $22,000,000 $0 $120,000 53,460 $53,460 $24,000 $24,000 $46,000 $13,000 $13,000

17 Swift Hann Powerboats Manufacturing 70 E $55,000 115% $750,000 $0 $118,000 0 $10,000 $12,000 $28,000 $32,000 $36,000

18 Tank Hawaii lntermodal Global Logistics 5 E $40,000 115% $200,000 $0 $5,000 0 $5,000

19 Curve Sun Hydraulics Corp Manufacturing 361 E $39,739 115% $21 ,000,000 $0 $396,420 36,378 $0 $79,416 $68,382 $75,000 $105,000 $105,000

Lake Erie College of 20 Green Osteopatic Medicine Life Sciences 58 E $67,164 200% $52,000,000 $0 $174,000 106,211 $0 $172,211 $54,000 $48,000 $6,000

11 roprcana 21 Jupiter Manufacturing, Inc. Manufacturing 11 E $68,292 200% $68,000,000 $0 $94,000 0 $33,000 $31 ,000 $30,000

22 Hammer Thatcher Chemical Manufacturing 19 N $49,025 115% $7,000,000 $0 $19,000 648 $7,648 $2,000 $3,000 $3,000 $4,000

Roscioli 23 Refresh International Inc Manufacturing 60 E $37,163 115% $500,000 $0 $60,000 0 $7,000 $0 $17,000 $18,000 $18,000

Feld Entertainment 24 Palm Inc Headquarters 0 0 E $0 0% $20,000,000 $235,000 $0 0 $6,250 $21 ,250 $40,000 $52,500 $52,500 $37,500 $18,750 $6,250

Econom•c Development lncentlveJ Approved by BOCC AS OF 2.25 14.K!Jll Pace laf 3

ECONOMIC DEVELOPMENT INCENTIVES AWARDED BY BOCC

Targeted Projected Retained N E Average Eligibility Projected Capital QTI Total Total 2009- 2020-No. Project Name Business Industry Jobs Jobs R Wage Wage% Investment Match 'EDi "TiFt 2010 2010-20t1 2011-2012 2012-2013 2013-2014 2014.2015 2015-2016 2016-2017 2017-2018 2018-2019 2019-2020 2021

25 Grapefruit Feld Entertainment Headquarters 235 148 E $66,896 200% $0 $0 $1 ,265,334 0 $280,167 $355,167 $180,000 $225,000 $150,000 $75,000 Advantage r nm &

26 Build Lumber of Fl. Inc Headquarters 13 E $50,172 150% $250,000 $0 $26,000 0 $10,000 $4,000 $4,000 $4,000 $4,000

27 Gateway IPE Clip Fastener Manufacturing 80 N $42,000 115% $1,000,000 $0 $80,000 0 $18,000 $0 $20,000 $20,000 $22,000 Hat1onal Energ1es

28 Logic Technology Cleantech 21 N $38,465 115% $12,100,000 $12,600 $0 0 $3,150 $3,150 $3,150 $3,150

29 Piggyback Grand Incentives Headquarters 60 E $38,465 115% $200,000 $0 $60,000 2,382 $14,382 $12,000 $12,000 $12,000 $12,000

30 Gecko Dentsply Life Sciences 48 154 E $33,448 100% $6,552,000 $48,000 $0 0 $10,000 $12,000 $12,000 $12,000 $2,000

31 Camellia C Products Defense Manufacturing 100 N $39,000 115% $1 ,000,000 $0 $100,000 0 $0 $20,000 $20,000 $20,000 $20,000 $20,000

32 Sharp ISPG, Inc. Life Sciences 25 N $103,200 200% $500,000 $0 $75,000 5,196 $35,196 $21 ,000 $9,000 $9,000 $6,000

33 Rose Roskamp Institute Life Sciences 26 E $61 ,635 150% $400,000 $0 $52,000 0 $8,000 $12,000 $10,000 $10,000 $12,000

34. a. Torchlight Clare Controls lnfotech 0 N $0 $62,000 $0 0 $9,750 $12,000 $13,750 $15,500 $5,750 . $3,500 $1,750

34. b. Torchlight Clare Controls lnfotech 62 N $82,145 200% $4,500,000 $0 $186,000 12,330 $129,330 $27,000 $21 ,000 $21 ,000 Hot Brands

35 Jade International Inc Headquarters 12 N $38,465 115% $3,785,595 $12,000 $0 0 $2,500 $3,000 $3,000 $3,000 $500

36 Alpha I A ISS Manufacturing 20 N $39,739 115% $4,000,000 $12,000 $0 $12,915 $12,915 $0 $1,500 $2,250 $3,000 $3,000 $1,500 $750

37 Shuffle iTW,GSE Holdings Manufacturing 42 N $39,739 115% $1 ,000,000 $42,000 $0 3,836 $3,836 $10,500 $10,500 $10,500 $10,500

38 Koala Braille Battery Inc Manufacturing 25 E $39,739 115% $10,000,000 $0 $25,000 0 $5,000 $5,000 $5,000 $5,000 $5,000

39 Quartz JRL Ventures Manufacturing 80 A $34,556 115% $4,000,000 $48,000 $0 0 $4,500 $8,250 $12,000 $12,000 $7,500 $3,750 Universal Window

40 Bench Solutions LLC Manufacturing 8 E $45,900 115% $1,500,000 $0 $8,000 4,901 $1 ,000 $6,901 $2,000 $1 ,000 $2,000

41 Surf Radiant Power Corp Manufacturing 26 E $51 ,220 115% $359,000 $0 $26,000 1,343 $15,343 $3,000 $3,000 $3,000 $3,000

42 Jazz Orbecco Hellige Inc Manufacturing 7 E $51,834 150% $500,000 $0 $14,000 0 $2,000 $4,000 $4,000 $2,000 $2,000

43. a. Pioneer Air Products Manufacturing 0 N $0 115% $0 $275,000 $125,000 $3,750 $15,000 $30,000 $37,500 $33,750 $22,500 $7,500

43. b. Pioneer Air Products Manufacturing 250 N $44,360 11 5% $58,600,000 $0 $375,000 70,248 $70,248 $37,500 $112,500 $150,000 $75,000 jt:liOnl U::iA&

44 Atom Americas LLC Headquarters 28 E $59,000 150% $750,000 $0 $56,000 0 $10,000 $14,000 $14,000 $10,000 $8,000

45 Widewaters Hampton Inn Hospitality 35 N N/A $15,500,000 $0 $125,000 0 $41 ,500 $41 ,500 $42,000

46 Monarch TBA Manufacturing 53 E $36,310 115% $250,000.00 $0 $53,000 0 $25,000 $10,000 $8,000 $5,000 $5,000

47 Starfish TBA Manufacturing 16 N $39,739 115% $650,000.00 $16,000 $0 0 $2,500 $4,000 $4,000 $4,000 $1,500

48 Balance TBA Manufacturing 21 N $39,739 115% $1 ,700,000.00 $12,600 $0 0 $1,950 $2,850 $3,150 $3,150 $1 ,200 $300

49 Avalanche Motorworks Brewing Manufacturing 30 N $35,700 115% $1 ,600,000.00 $0 $30,000 0 $8,000 $5,000 $5,000 $5,000 $7,000

50 Guardian Mercedes Medical Life Sciences 47 E $62,455 175% $167,000.00 $0 $111,000 0 $51 ,000 $30,000 $10,000 $10,000 $10,000

51 Freeze New South Bio Labs Headquarters 52 N $56,349 150% $10,000,000 $0 $104,000 0 $16,000 $18,000 $36,000 $24,000 $10,000

Economic Development Incentives Approved by BOCC AS OF 2 25 14 xis•

Targeted No. Project Nome Business Industry

52 Amber TBA Manufacturing

53 Neon TBA Headquarters

54 Topaz TBA Manufacturing

55 Bronco TBA Life Sciences

56 Maple TBA Headquarters

57 Accent TBA Manufacturing

58 Space TBA Manufacturing

59 Equinox TBA Cleantech

60 Navigator TBA Manufacturing

61 Spring TBA Headquarters

62 Pathfinder TBA Life Sciences

62 Approved Totals

Average = EDi Economtc Development lncenltve Grant

''TIFI = Transportation Impact Fee lncenlives Grant

. .. Pending B.C.C. Approval

TBA = To Be Announced

Economic Oeve!opment Incentives Approved by BOCC AS OF 2 25.14 x.bx

Projected Retained Jobs Jobs

30

20

17

56

5

8

25

100

14

11

16

3,260 302

N E Average R Wage

N $35,633

E $40,000

N $72,000

N $42,000

E

E $52,200

E $45,074

N $56,241

N $52,805

N $44,628

N $71 ,590

$46,644

N=New

E • Expanded

A;: Retained

ECONOMIC DEVELOPMENT INCENTIVES AWARDED BY BOCC 1/ U/1014

Eligibility Projected Capital QTI Total Total 2009- 2020-Wage% Investment Match 'EDI "TIFI 2010 2010-2011 2011-2012 2012-2013 2013 - 2014 2014-2015 2015-2016 2016 - 2017 2017-2018 20111-2019 2019-2020 2021

100% $2,500,000.00 $0 $30,000 1,279 $6,279 $5,000 $10,000 $5,000 $5,000

100% $1 ,750,000.00 $0 $20,000 0 $6,000 $6,000 $3,000 $3,000 $2,000

200% $3,200,000.00 $0 $51,000 1,705 $16,705 $9,000 $12,000 $9,000 $6,000

115% 2,750,000.00 $56,000 6,392 $6,392 $15,000 $15,000 $10,000 $8,000 $8,000

$0 $30,000 0 $30,000

115% 100,000.00 $0 $8,000 0 $5,000 $2,000 $1,000

115% 1,500,000.00 $0 $25,000 3,196 $3,196 $17,000 $4,000 $4,000

150% 30,000,000.00 $0 $200,000 3,196 $3,196 $60,000 $40,000 $40,000 $30,000 $30,000

115% 100,000.00 $0 $14,000 $4,000 $3,000 $3,000 $2,000 $2,000

115% 13,000,000.00 $0 $11,000 10,728 $10,728 $5,000 $4,000 $2,000

200% 80,000.00 $0 $48,000 0 $24,000 $6,000 $6,000 $6,000 $6,000

$1,063,200 $5,273,754 388,631 $0 $206,471 $996,288 $1 ,196,635 $1,140,663 $1,221,878 $1 ,062,350 $507,750 $229,400 $123,900 $33,700 $6,550

$460,448,222

Pace 3of 3

P

Rapid Response Services ........................................................................1

ECONOMIC INCENTIVE PROGRAM

Manatee County Government

Bradenton, Florida (Revised: January 2013)

ECONOMIC INCENTIVE PROGRAM

Manatee County Government, Bradenton, Florida

(revised: 01/06/10)

ECONOMIC INCENTIVE PROGRAM

Manatee County Government, Bradenton Florida

Rapid Response Services ................................................ 1 Customized Rapid Response Team Incentive ........................ 1 Qualified Economic Impact Incentive .................................... 1

Business Expansion and/or Relocation ........................... 2 Job Creation Incentive............................................................ 2 Florida Qualified Target Industries Tax Refund ..................... 2 Quick Action Closing Fund Local Match ................................. 2 Economic Development Incentive Grant (EDI) ...................... 2 Transportation Impact Fee Incentive ..................................... 2 Industrial Revenue Bonds ...................................................... 3 Quick Response Training Program (QRT) ............................... 3

Business Retention ........................................................ 4 Customized Business Retention Services ............................... 4

Fee Mitigation Services .................................................. 4 Fee Refunds ............................................................................ 4 Housing Related Fee Refunds ................................................ 4 Impact Fee Program for Housing ........................................... 4 Impact Fee Schedule .............................................................. 5 Community Redevelopment Area Impact Fee Incentive ....... 5

Palmetto/North Manatee County Enterprise Zone ......... 6 Enterprise Zone Incentive Program ....................................... 6 Jobs Tax Credit, Sales & Use Corporate Income Tax .............. 6 Property Tax Credit ................................................................ 6 Sales Tax Refund for Business Machinery and Equipment .... 6 Sales Tax Refund for Building Materials ................................ 6

Community Redevelopment Areas (CRA) ....................... 7 Economic Development Incentive Grant for CRA’s ............... 7 CRA Impact Fee Mitigation Services ...................................... 7 Commercial Matching Grants ................................................ 7 Transportation Concurrency Exception Area (TCEA) ............. 7 TCEA Mitigating measures .................................................... 8 Rapid Response Team Incentive ............................................ 8

Florida International Gateway/Planned Development-Encouragement Zone .....................................................10 Florida International Gateway ............................................... 10 Urban Encouragement Zone ................................................. 10

Affordable and/or Workforce Housing ...........................10 Affordable/Workforce Housing Incentives ........................... 10 Housing Rapid Response Team/Fast Tracking ....................... 10 Fee Refunds for Housing related services .............................. 11 Impact Fee Program for Housing ........................................... 11 Sidewalk Location Mitigation ................................................. 11 Housing Trust Fund ................................................................ 11 Tree Protection Trust Fund ................................................... 12 Density Bonus ........................................................................ 12 Transfer of Development Rights ............................................ 12 Workforce Housing Incentive ................................................ 12 Use of Nonconforming Lots for Infill Development ............... 13 Reduced Side yard Setbacks for Nonconforming Lots ........... 13 Conveyance of County Owned Surplus Properties to

Nonprofit Developers ............................................................ 13 Owner-Occupied Housing ...................................................... 13 Rental Housing Development ................................................ 14 State Housing Initiative Partnership Program (SHIP) ............. 14

Community Development Block Grant ...........................15 Eligible Activities ............................................................. 15 HOME Investment Partnership Program (HOME) .......... 17

Neighborhood Stabilization Program (NSP) ....................17 Business Innovation Initiative ........................................18 Employment Center Services ..........................................18 Minority/Small Business Enterprise ................................19 Manatee County Vendor Registration ............................19 Full links to Webpages Listed .........................................20

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Manatee County Government, Bradenton Florida

Rapid Response Services

Contact: Neighborhood Services Department Economic Development Division

Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832

[email protected]

Neighborhood Services Department Webpage

Economic Development Division Webpage

Customized Rapid Response Team Incentive New and existing business development is provided with an expedited review of all County related services. The Team is led by the Economic Development Program Manager. Potential customers contact the County prior to submittal of new development or business expansion to review project elements. The Economic Development Program Manager establishes the team of County Departments inclusive of the Building and Development Services Department, Utilities Department and Public Works Department for expedited review process for each project. This service includes the Qualified Economic Impact Service, Fast Track Service; County initiated Rezone Process, Streamlined Procurement Process and Individual Project Customization, when needed.

Qualified Economic Impact Incentive (Local Companies) The company must:

1. Export the majority (55% or more) of its products or services outside Manatee/Sarasota Counties (Manufacturers, corporate headquarters, telecommunication centers, distribution centers, etc.)

2. And/or provides high-end training or research to a customer base of 65% from outside the two county region. (Research facilities, medical colleges, sports training complexes, etc.)

3. Or, is a supplier to local value-added industries where 75% of the company's clients are local value-added industries.

The company must be environmentally compatible, represent an end-user, and

will create or retain quality job opportunities meeting the following thresholds: Existing local company (Manatee County) … average annual wage at or above the 2011 local average annual wage - $35,633 / $17.13/Hour

Relocating/new company… average annual wage that is 115% of the 2011 local average annual wage - $40,978/ $19.70 . In addition, the project must create a minimum of 5 new jobs for Manatee County.

Note: A project within an Enterprise Zone or Community Redevelopment Area may be eligible for lower thresholds.

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Business Expansion and/or Relocation

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Bradenton Area Economic Development Corporation Webpage

Manatee County Chamber of Commerce

Job Creation Incentive

o Florida Qualified Target Industries Tax Refund This incentive is available for companies that create high wage jobs in certain

targeted high value-added industries as determined by the Enterprise Florida. This incentive includes refunds on corporate income, sales, ad valorem, intangible personal property, insurance premium and certain other taxes. Coordinated with Bradenton Area Economic Development Corporation and Florida Department of Economic Opportunity. Includes a local match.

o Quick Action Closing Fund Local Match Available to applicants qualified for the QTI program that create new high-

wage job opportunities, with exceptionally high wages and capital investment, either by expanding an existing business within the County or by bringing a new business to the County. Coordinated through Bradenton Area Economic Development Corporation and the Florida Department of Economic Opportunity. Requires State and County approval.

o Economic Development Incentive Grant (EDI) This local incentive is available to qualified applicants creating new high-wage

job opportunities, with exceptionally high wages and capital investment, either by expanding an existing business within the County or by bringing a new business to the County. This incentive is customized per business based on the number of jobs created and percent above 115% of the state average local wage as described above. It is offered to qualifying business regardless of location in Manatee County.

o Transportation Impact Fee Incentive Available to qualified business toward the mitigation of transportation impact

fees assessed to development. Applications must be requested by the business to the Economic Development Program Manager of the County. Applications must be reviewed and determined eligible by all appropriate Departments of the County, before a request for approval to the Board of County Commissioners is processed.

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o Industrial Revenue Bonds Incentive: Industrial Development Revenue Bonds (IDRBs) finance business and

industrial expansions for firms with strong credit. IDRBs can provide low-interest loans for large projects by permitting the borrower to take advantage of long-term financing with lower than prime interest rates. The determination shall be based upon review of the application and other requested information for IDRB financing and shall include, but not be limited to consideration of: 1) environmental impacts; 2) jobs created; 3) relationship to economic development programs; 4) additional economic impacts; 5) nature of commitment owners and developers of the project are prepared to make to secure the commitment to provide benefits to Manatee County; 6) impact on public service and facilities; and 7) consistency with the County’s land development code and the likelihood of obtaining zoning and land use and development approvals. The County Administrator has the authority to provide procedures for the review of the application and provide consent to issuance based upon the best interest of the County.

o Quick Response Training Program (QRT)

The QRT is an employer-driven training program designed to assist new value-added businesses and provide existing Florida businesses the necessary training for expansion. A state educational facility-community college, area technical center, school district or university - is available to assist with application and program development or delivery. The educational facility also serves as fiscal agent for the project. The company may use in-house training, outside vendor training programs or the local educational entity to provide training. Reimbursable training expenses include: instructors’/trainers’ wages, curriculum development, and textbook/manuals. This program is customized, flexible and responsive to individual company needs. For more information regarding QRT, contact Bradenton Area Economic Development Corporation.

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Business Retention

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Bradenton Area Economic Development Webpage

Customized Business Retention Services Business seeking to maintain their services in Manatee County can explore training options for employees through the Incumbent Worker Training (IWT) Program. IWT is a program that provides training to currently employed workers to keep Florida’s workforce competitive in a global economy and to retain existing businesses. The program is available to all Florida businesses that have been in operation for at least one year prior to application and require skills upgrade training for existing employees. Priority is given to businesses in targeted industries, Enterprise Zones, HUB Zones, Inner City Distressed areas, Rural Counties and areas, and Brownfield areas. Contact Bradenton Area Economic Development Corporation Office for more details about this program. To receive individual customized services through the County Rapid Response Program contact the Economic Development Program Manager.

Fee Mitigation Services

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Fee Refunds o Housing Related Fee Refunds

All projects with affordable housing units shall be eligible for refunds of County review fees (e.g. planning, building, engineering) as permitted by law. For projects where less than 25% of the project is affordable, the fees refunded shall be a pro-rata share of the fees for the entire project. For example, projects with 15% affordable units will be eligible to request a refund of review fees only on the units designated affordable. Projects which have 25% or greater affordable units will be eligible to request a full refund of County review fees for the entire project. Note, this does not include impact fees, facility investment fees, connection fees or similar fees.

o Impact Fee Program for Housing In an effort to minimize the impact on affordable households of increasing

impact fees, the County, pursuant to Resolution R-04-67, has elected to pay the increases in County and educational impact fees which were effective after June 18, 2004. All affordable units are eligible to have the County pay this increment.

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Impact Fee Schedule

Impact Fee Webpage

o Community Redevelopment Area Impact Fee Incentive

Financial assistance with the payment and/or refund of Impact Fees, Permit Fees and Development Fees for qualified Businesses located in the 14

th Street

West or South County CRA. All requests for incentives are processed through the Economic Development Program Manager serving as the Community Redevelopment Liaison and are subject to availability of annual appropriated funds.

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Palmetto/North Manatee County Enterprise Zone

Contact: Neighborhood Services Department Neighborhood Planning Division Debbie DeLeon, Neighborhood Coordinator (941) 749-3029, extension 3482 [email protected]

Enterprise Zone Webpage

Enterprise Zone Incentive Program

o Jobs Tax Credit, Sales & Use Corporate Income Tax Allows businesses located in the Enterprise Zone area that collect/pay Florida

sales and use tax or corporate income tax, a credit against their tax liability based on wages paid to new full time employees. The business must have increased the number of full time jobs from the date 12 months prior to the date of application.

o Property Tax Credit New, expanding, or rebuilt businesses located in the Enterprise Zone area may

receive credit on Florida corporate income tax equal to 96% of ad valorem taxes paid. Any unused portion of the credit can be carried forward for up to five years.

o Sales Tax Refund for Business Machinery and Equipment Businesses located in the Enterprise Zone area are eligible for a refund of sales

tax and use tax paid on the purchase of equipment or machinery. The equipment purchased must have a minimum purchase price of $5,000 per unit and be used exclusively in the enterprise zone.

o Sales Tax Refund for Building Materials Businesses and residents are eligible for a refund on the sales tax paid on the

purchase of building materials used to rehabilitate or construct real property.

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Community Redevelopment Areas

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Manatee County Community Redevelopment Area Webpage

Community Redevelopment Areas (CRA)

There are two Community Redevelopment areas under the administrative authority of the Manatee County Board of County Commissioners. Incentives offered in this area are subject to approval by the CRA board and inclusion in legally approved CRA plans;

1) 14th

Street West Community Redevelopment Area; and 2) South County Community Redevelopment Area

o Economic Development Incentive Grant for CRA’s This program is available to a qualified business within the 14th Street West or

South County CRA that create jobs with an average wage exceeding 100% of the state average. The job creation must be as a result of expanding an existing CRA business or by creating a new CRA business. The incentive is customized per business based on the number of jobs created and percent above 100% of the state average wage.

o CRA Impact Fee Mitigation Services Financial assistance with the payment and/or refund of Impact Fees, Permit Fees

and Development Fees for qualified businesses located in the 14th

Street West or South County CRA. All requests for mitigation are processed through the Economic Development Division serving as the Community Redevelopment Liaison Office and are subject to availability of annual appropriated funds.

o Commercial Matching Grants Provides matching funds up to $10,000 to a business located within one of the

two CRA’s when the business spends up to $10,000 of their own funds to improve the exterior of their business. Eligible activities include, but are not limited to, façade improvements, landscaping, painting, signage, and fencing.

Transportation Concurrency Exception Area (TCEA) TCEA was established to promote urban infill and redevelopment where opportunities for expansion or additional of new transportation corridors are limited. TCEAs allow development/redevelopment projects within their boundaries to address their transportation impacts and mitigation through alternative means.

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City of Palmetto CRA

Bradenton Downtown Development Authority

Bradenton Central CRA

Bradenton Beach CRA

o TCEA Mitigating Measures

Operational and/or capital enhancements for MCAT

Participation in a transit pass program for employees, van pooling and/or ride sharing programs

Pedestrian Improvements

Bus Shelter/Transit Stop Improvements

Bicycle Improvements

Lighting Improvements

Connectivity Improvements

Roadway/Intersection Improvements

Streetscape Improvements

Enhancements to the Automated Traffic Management System (ATMS)

Creating parallel travel ways connecting adjacent development

Financial contributions to implement actions consistent with this policy

Any other measures which increase mobility options and inter-modal connections as may be approved by the County

o Rapid Response Team Incentive

New and existing businesses with a desire to locate or expand in one of the two County operated redevelopment areas (14

th Street West and South County) are

provided with an expedited review of all County related services. The Team is led by the Economic Development Program Manager who also serves as the Community Redevelopment Area (CRA) Liaison. Potential customers contact the Economic Development Program Manager prior to submittal of new development or business expansion to review project elements. The Economic Development Program Manager establishes the team of County Departments inclusive of the Building and Development Services Department, Utilities Department and Public Works Department for expedited review process for each project.

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Florida International Gateway/Planned

Development-Encouragement Zone

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Florida International Gateway Webpage

Manatee County Urban Core Map

Florida International Gateway A geographical area located from Tampa Bay inclusive of the Port Manatee east to l-75 and from the Manatee County line to Buckeye Road where port related business is created or expanded. Potential customers contact the Economic Development Program Manager prior to submittal of new development or business expansion to review project elements. The Economic Development Program Manager establishes the team of Port staff, County Departments inclusive of the Building and Development Services Department, Utilities Department and Public Works Department for expedited review process for each project.

Building and Development Services Department guarantee review completion within 90 days of submittal to County.

Urban Encouragement Zone - Incentive Under

Construction A geographical area located in the urban core of the County, conducive to higher density and use of transit services. Potential customers contact the Economic Development Program Manager prior to submittal of new development or business expansion to review project elements. The Economic Development Program Manager establishes the team of County Departments inclusive of the Building Development Service Department, Utilities Department and Public Works Department for expedited review process for each project.

Affordable and/or Workforce Housing

Contact: Neighborhood Services Department Community Development Division Suzie Dobbs, Community Development Manager (941) 749-3029, extension 3937 [email protected]

Housing Program Webpage

Affordable/Workforce Housing Incentives The Manatee County Neighborhood Services Department, administers the affordable/workforce certification process, assists developers in obtaining relief of impact and review fees, enforces mechanisms to ensure affordability of assisted units, and compliance with all applicable regulations. The program is further described in the Manatee County Land Development Code, Chapter 4, Part V, Section 496.

o Housing Rapid Response Team/Fast Tracking Projects in which 10% or more of the entire project is designated as

affordable or workforce housing will receive the assistance of the County’s Rapid Response Team coordinated through the Economic Development Manager. The team will assist with fast-tracking the project through the necessary permitting procedures.

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Affordable and/or Workforce Housing (Continued)

o Fee Refunds for Housing related services All projects with affordable housing units shall be eligible for refunds of

County review fees (e.g. planning, building, engineering) as permitted by law. For projects where less than 25% of the project is affordable, the fees refunded shall be a pro-rata share of the fees for the entire project. For example, projects with 15% affordable units will be eligible to request a refund of review fees only on the units designated affordable. Projects which have 25% or greater affordable units will be eligible to request a full refund of County review fees for the entire project. Note, this does not include impact fees, facility investment fees, connection fees or similar fees.

o Impact Fee Program for Housing In an effort to minimize the impact on affordable households of increasing

impact fees, the County, pursuant to Resolution R-04-67, has elected to pay the increases in county and educational impact fees which were effective after June 18, 2004. All affordable units are eligible to have the County pay this increment.

o Sidewalk Location Mitigation In instances where sidewalk extensions would otherwise be required by the

Manatee County Land Development Code, for designated affordable housing developments, the County shall evaluate whether it is appropriate for the County to fund the sidewalk extensions beyond project boundaries. This evaluation shall be made as soon as practicable in the review of the project. The County may enter into a reimbursement agreement to allow the developer to build the sidewalks.

o Housing Trust Fund Pursuant to Ordinance No. 90-01, a Housing Trust Fund was established for

the receipt of non-ad valorem revenues for use in the development and rehabilitation of affordable housing. The use of funds from the Affordable Housing Trust Fund shall be limited to projects where 25% or more of the units meet the definition of Affordable Housing.

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Affordable and/or Workforce Housing (Continued)

o Tree Protection Trust Fund Projects with at least 25% affordable units may apply to receive funds from the

Tree Protection Trust Fund to meet landscaping requirements of the project.

o Density Bonus Projects with at least 25% units designated as affordable are eligible to

request a density bonus from the Board of County Commissioners. This density bonus may allow the maximum project density to increase to the maximum density in the next highest category on the Future Land Use Map. For example, a project in a Res-3 area would be eligible to request a density bonus equal to the six dwelling units per acre maximum of Res-6. The density bonus shall not exceed the maximum dwelling units per acre for the Res 16 category.

Density bonuses may be used only within the development creating the bonus units.

In order to receive a density bonus, rezoning to Planned Development zoning will be required. The Board shall consider the density and intensity of surrounding land uses and compatibility with neighboring uses in determining the maximum density to allow. This density may be below the next highest Future Land Use Map Designation.

o Transfer of Development Rights The transfer of development rights (which may include approved residential

units, zoned units or comprehensive plan potential units) from elsewhere in the unincorporated county to a project with a minimum of 25% affordable units is encouraged.

In order to transfer development rights, a rezoning to Planned Development zoning will be required. The Board shall consider the density and intensity of surrounding land uses and compatibility with neighboring uses in determining the maximum density to allow. This density may be below the next highest Future Land Use Designation.

o Workforce Housing Incentive Projects in which 10% or more of the entire project is workforce housing

will receive the assistance of the County’s Rapid Response Team. The team will assist with fast-tracking the project through the necessary permitting procedures.

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Affordable and/or Workforce Housing (Continued)

o Use of Nonconforming Lots for Infill Development

Nonconforming lots which were legally created and are in single ownership, sharing continuous street frontage, if taken together would meet minimum zoning district regulations, do not have to combine lots to meet zoning district regulations if all of the lots are developed as affordable housing.

o Reduced Side yard Setbacks for Nonconforming Lots

Notwithstanding any other provision of this Code, any lot of record, having lot widths of fifty-five (55) feet or less, and which do not share continuous frontage with an adjoining vacant lot in the same ownership on the Effective Date of this Code, (October 15, 1990) shall be permitted to reduce the minimum side yard setback to five (5) feet.

o Conveyance of County Owned Surplus Properties to Nonprofit Developers

Florida Statute 125.379 requires each county in Florida to adopt a resolution by July 1, 2007, that includes “…an inventory list of all real property within its jurisdiction to which the county holds fee simple title that is appropriate for use as affordable housing and allows for the lands on the Inventory List to be sold to raise money for affordable housing or to have affordable housing built on it.

Owner-Occupied Housing Builders and developers of Affordable/Workforce homes for sale to income-eligible households may seek expedited review and permit processing; relief from County and School Impact Fees; review and permit fee refunds; and, modification of development standards. Impact fee relief is provided only for the designated “affordable” units in a development. The maximum sales price of the homes is restricted by local policy. Current sales price limits are available from the Neighborhood Services Department, Community Development Division. Fee relief for owner-occupied housing is available only to the extent that budgeted funds remain available at the time of certification of occupancy (CO). Impact fee relief is also available to a builder building a single stand-alone affordable unit.

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Affordable and/or Workforce Housing (Continued)

Rental Housing Development

Developers building rental units for income-eligible households may seek expedited review and permit processing; review and permit fee refunds; and other incentives, as applicable, provided through the Manatee County Land Development Code. Applicants must sign a Land Use Restriction Agreement pledging to rent to eligible households at affordable rents for the period required by the funding source or by local policy. To be eligible for fee relief or incentives, the developer must be certified prior to applying for permits.

State Housing Initiative Partnership Program (SHIP)

SHIP funds are funds received annually from the State of Florida through the dedicated Housing Trust Fund. Manatee County adopts a Local Housing Assistance Plan every three years, with annual revisions, if necessary, which designates the use of the funds through various strategies.

A minimum of 75% of the funds must be utilized for construction, rehabilitation or emergency repair of eligible affordable housing.

A minimum of 65% of the funds shall be utilized for homeownership for income eligible persons.

Current strategies include rehabilitation and new construction programs for elderly eligible households.

Funds are provided in the form of a 0% deferred loan for the life of the property or as grants to income eligible persons.

In 2012 this program was allocated approximately $350,000.00.

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Community Development Block Grant

Contact: Neighborhood Services Department Community Development Division Suzie Dobbs, Community Development Manager (941) 749-3029, extension 3937 [email protected]

CDBG Webpage

Community Development Block Grant Program (CDBG)

CDBG funds are received annually from the federal government through the Department of Housing and Urban Development. Funds must be utilized according to the National Objectives to benefit low and moderate income persons, aid in the prevention of slums or blight or to meet a community need having a particular urgency because existing conditions pose a serious and immediate threat to health or welfare.

At least 70% of the funds (excluding planning and administration) must be used for projects that meet the “primary” objective of benefiting low and moderate income persons.

Eligible Activities

Eligible activities include acquisition of real property for a public purpose; Disposition of real property acquired with CDBG funds; Public facilities and improvements. Acquisition, construction, reconstruction, rehabilitation or installation of public facilities and improvements. (Exceptions: buildings for the general conduct of government and maintenance activities.) Traditional public works activities come under this category. Clearance, demolition, and removal of buildings and improvements; Public services. Must be either a new service or a quantifiable increase in the level of service provided in the previous 12 months. Total of public service activities cannot exceed 15% of grant; Interim Assistance. Certain activities (basically clean-up and repairs) in deteriorating areas where permanent improvements will later be carried out; Payment of the Non-Federal share of a Federal Grant Program, where the activity is otherwise CDBG-eligible; Urban Renewal Completion. Not applicable unless grantee has an incomplete Title I Urban Renewal Program; Relocation payments and assistance for persons temporarily or permanently displaced by CDBG activities; Loss of Rental Income to compensate housing owners for holding units available for CDBG displaces; Housing services for the HOME program. Specifically housing counseling for TBRA, and implementation costs for HOME activities; Privately owned utilities. Distribution lines and facilities of privately owned utilities; Housing Construction. Construction of housing that is being assisted under “HODAG” (Housing Development Grant) Program; Homeownership assistance to low and moderate income households; Microenterprise assistance including training,

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technical assistance, support services, and certain financial support. Technical assistance to increase the capacity of public or nonprofit groups to undertake CDBG activities. Assistance to Institutions of Higher Learning when the County has determined that the institution has the capacity to carry out CDBG activities. Rehabilitation and Preservation activities including privately owned buildings; low-income public housing; publicly owned residential and non-residential buildings (except buildings for the general conduct of government); removal of architectural barriers for the elderly or disabled persons; code enforcement; historic preservation; renovation of closed school buildings. Assistance can include labor, materials, security devices, energy or water conservation improvements, tools, water/sewer connections, rehabilitation administration; Special economic development activities provision of public works, private improvements, or other assistance to or on behalf of private for profit businesses if necessary or appropriate to carry out an economic development project; Special Activities by Sub recipients (Community-Based Development Organizations) for neighborhood revitalization, community economic development, or energy conservation projects; Planning and capacity-building activities including comprehensive plans, community development plans, and such others as housing, land use, economic development, recreation, energy, floodplain management, transportation, capital improvements, environmental studies. Implementation programs for these plans, as well as general needs assessments, goals, and progress evaluations are also eligible. (Note: Maximum of 20% of grant can be used for planning and administration) Administrative costs include payment of reasonable cost related to the planning and execution of activities financed by CDBG, provision by CDBG information for citizens, certain fair housing and equal opportunity costs, preparation of applications for related federal or state programs, and certain administrative expenses to facilitate housing. Funding is allocated to non-profit agencies and County Departments through an annual application cycle is awarded as a grant to the subrecipient.

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HOME Investment Partnership Program (HOME) HOME funds are received annually from the federal government through the Department of Housing and Urban Development Community Development Block Grant Program. HOME funds are leveraged with the SHIP funds for affordable housing activities. A minimum of 15% of HOME funds must be allocated annually to a Community Housing Development Organization (CHDO) for the construction or rehabilitation of affordable housing. Funding is allocated to certified CHDOs on a project basis and is awarded as a grant to the subrecipient.

Neighborhood Stabilization Program (NSP) The Neighborhood Stabilization Program (1) l provided an allocation of $5.2 million for the acquisition and disposition of foreclosed properties, demolition of blighted structures, down payment assistance to qualified buyers of the foreclosed properties and home buyer counseling programs. Funding is proposed to be allocated to non-profit developers and County Departments and is awarded as 0% deferred loans with applicable affordability periods based upon the total amount of the loan to the beneficiaries. All funds for this program were obligated in 2010. The County was awarded an additional $3.3 million in 2011 to continue this program. NSP 1 was completed in February 2013.

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Business Innovation Initiative

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Bradenton Area Economic Development Corporation Webpage

Business Innovation The most dynamic results for business incubators have been achieved by using a university driven model which includes community partnerships providing early stage companies with the enabling tools, training, and infrastructure to create financially stable high growth enterprises. Contact Bradenton Area Economic Development Corporation or the Economic Development Program Manager to review your options.

Employment Center Services

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Bradenton Area Economic Development Corporation Webpage

Major Employment Center Locations A cooperative effort between the Building and Development Service Department of the County and a special task force from Bradenton Area Economic Development Corporation has identified potential sites consisting of large tracts of land for future use by large distribution centers, corporate headquarters, industrial operations and commercial centers. Where applicable, County initiated rezones are underway. To obtain more information on this process, please contact the Economic Development Program Manager, within the Neighborhood Services Department.

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Minority/Small Business Enterprise

Contact: Neighborhood Services Department Economic Development Division Karen Stewart, Economic Development Program Manager (941) 749-3029, extension 6832 [email protected]

Bradenton Area Economic Development Corporation Webpage

Manatee County Chamber of Commerce

Minority/Small Business Resources Resources, referrals and technical assistance information programs are available to help small businesses, both new and existing.

Manatee County Vendor Registration

Vendor Registration Webpage

Doing business with the County

Local businesses are invited to register as a vendor with Manatee County Government. Vendor registration provides opportunities for local companies to take advantage of the County’s local vendor ordinance (08-43). Vendor registration provides a range of opportunities for businesses to participate in the County’s procurement program which includes construction, contractual services, professional consulting services and commodities.

A business may register by completing an on-line form available from the Vendor Registration webpage. Needed information includes business name, location, contact information and one or more category of commodity of services offered. The form also provides information for registration under provisions of Manatee County’s local business preference law.

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Full links to Webpages Listed:

Manatee County Home Page - http://www.mymanatee.org/home.html

Neighborhood Services Department Webpage -

http://www.mymanatee.org/home/government/departments/neighborhood-services (also: www.mymanatee.org/neighborhood )

Economic Development Division Webpage -

http://www.mymanatee.org/home/businesses/economic-development.html (also: www.mymanatee.org/econ_dev )

Impact Fee Webpage -

http://www.mymanatee.org/home/government/departments/financial-management/impact-fees-administration.html

Enterprise Zone Webpage -

http://www.mymanatee.org/home/government/departments/neighborhood-services/neighborhood-planning/Enterprise-Zone.html

Manatee County Community Redevelopment Area Webpage -

http://www.mymanatee.org/home/businesses/economic-development/cra.html

City of Palmetto CRA - http://www.palmettofl.org/index.aspx?nid=88

Bradenton Downtown Development Authority -

http://www.ddabradenton.com/ (Also: www.DowntownBradenton.com)

Bradenton Central CRA - http://www.bradentonccra.com/

Bradenton Beach CRA - http://cityofbradentonbeach.com/works.php

Transportation Concurrency Exception Areas (TCEA) Webpage -

http://www.mymanatee.org/home/government/departments/building-and-development-services/transportation-planning-division/tsmd-transportation-concurrency-exception-area.html

Port Manatee Encouragement Zone Webpage -

http://www.mymanatee.org/home/businesses/economic-development/fl-intl-gateway.html

Manatee County Urban Core Map -

http://www.mymanatee.org/internet/planning_site.nsf/(FilesUploaded)/Urban_Core.pdf/$File/Urban_Core.pdf

Housing Program Webpage -

http://www.mymanatee.org/home/government/departments/neighborhood-services/community-development/housing.html

CDBG Webpage -

http://www.mymanatee.org/home/government/departments/neighborhood-services/community-development/cdbg.html

Bradenton Area Economic Development Corporation

http://www.thinkbradentonarea.com/

Manatee County Chamber of Commerce -

http://www.manateechamber.com/

Vendor Registration Webpage -

http://www.mymanatee.org/home/government/departments/financial-management/purchasing/vendor-registration.html

Doing Business with the County - http://www.mymanatee.org/home/government/departments/financial-management/purchasing.html