Okaloosa County BOCC — July 6, 2016 — Public Hearing - Adoption of the Capacity Expansion Charge Deferral — agenda request
Public Hearing - Adoption of the Capacity Expansion Charge Deferral — agenda request in the July 6, 2016 Okaloosa County BOCC meeting materials. Preserved county-portal original with machine-extracted reading text.
Preserved among the July 6, 2016 Okaloosa County Board of County Commissioners meeting materials (IQM2 meeting 1340). The date shown is the verified meeting context, not an independently established creation date for every attachment. The download catalog used June 7, 2016; the meeting date was corrected using the agenda/minutes heading and matching source filename.
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Action Item Printout
Date
July 6, 2016
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Okaloosa County Board of County Commissioners
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Okaloosa County Board of County Commissioners (IQM2 public portal)
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Public Hearing - Adoption of the Capacity Expansion Charge Deferral — agenda request — extracted reading text
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BOARD OF COUNTY COMMISSIONERS
AGENDA REQUEST
DATE: July 6, 2016
TO: Honorable Chairman and Members of the Board
FROM: Roland Sims Jr.
SUBJECT: Public Hearing - Adoption of the Capacity Expansion Charge Deferral
Ordinance
DEPARTMENT: County Administrator
BCC DISTRICT: All
STATEMENT OF ISSUE: On June 7, 2016, the Board of County Commissioners authorized
the scheduling of a public hearing for the adoption of an Ordinance creating a deferral program
for the payment of Water and Sewer Capacity Expansion Charges.
BACKGROUND AND ANALYSIS: Under the proposed Ordinance, this deferral applies to a
non-residential business which has applied for and received an Economic Development Ad
Valorem Tax Exemption by the County and which is certified by the Economic Development
Council of Okaloosa County as a high impact economic development project within a target
industry business as established under the provisions of section 288.0106, Florida Statutes. A
high impact economic development project shall be a project which creates one hundred (100)
new high impact jobs and/or will provide a capital investment of at least ten million dollars
($10,000,000).
If the non-residential business qualifies for the deferral, they will be allowed to pay the
water and sewer capacity expansion charges on their utility bill, once service is instituted,
and pay the amount due over a period of three years in equal monthly payments. Ten
percent of the total amount owed will be required to be paid up front. If the non-
residential business fails to pay, then the remaining amount owed may be collected on the
ad valorem tax bill for the property as a non-ad valorem assessment.
OPTIONS: Approve/Disapprove the adoption of the Capacity Expansion Charge Deferral
Ordinance.
RECOMMENDATION: Staff recommends the adoption of the Ordinance authorizing the
granting of deferrals of Capacity Expansion Charges for economic development purposes.
RECOMMENDED BY:
APPROVED BY:
John Hofstad, County Administrator
Okaloosa County Board of County Commissioners. “Okaloosa County BOCC — July 6, 2016 — Public Hearing - Adoption of the Capacity Expansion Charge Deferral — agenda request.” July 6, 2016. Action Item Printout. Crypt of Echoes evidence ID LED-2026-8759c534a51e443ba51ae237656e113c. http://127.0.0.1:58097/evidence/LED-2026-8759c534a51e443ba51ae237656e113c. Accessed [date].
Catalogue citation: Okaloosa County Board of County Commissioners, Public Hearing - Adoption of the Capacity Expansion Charge Deferral — agenda request, meeting materials for July 6, 2016. https://okaloosacountyfl.iqm2.com/Citizens/FileOpen.aspx?Type=30&ID=20135&MeetingID=1340
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