Fort Walton Beach Resolution — 2014-10 - EDATE Amendment — reading text

RESOLUTION 2014 - 10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH; AMENDING RESOLUTION 2014 -8; SCHEDULING A REFERENDUM TO BE HELD AT THE AUGUST 26, 2014 PRIMARY ELECTION FOR THE PURPOSES OF AUTHORIZING THE GRANTING OF ECONOMIC DEVELOPMENT PROPERTY TAX EXEMPTIONS TO NEW BUSINESSES AND EXPANSIONS OF EXISTING BUSINESSES THAT WILL CREATE NEW, FULL -TIME JOBS IN THE CITY OF FORT WALTON BEACH; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Fort Walton Beach previously adopted Resolution 2014 -8, placing a referendum question on the August 26, 2014 Primary Election ballot relating to the granting of temporary economic development incentives; and WHEREAS, an amendment to the ' ballot title and language contained in Resolution 2014 -8 is necessary and this Resolution shall amend and supersede Resolution 2014 -8; and WHEREAS, the Constitution of the State of Florida and Florida Statutes authorizes the City of Fort Walton Beach to grant property tax exemptions and other economic development incentives to new businesses and expansions of existing businesses that are expected to create new, full -time jobs in the City; and WHEREAS, Section 3, Article VII of the State Constitution and Florida Statutes grants this authority upon approval by the electorate of the City; and WHEREAS, the citizens of the City of Fort Walton Beach will be voting on August 26, 2014 in the Primary Election and the City Council resolves to place the ballot issue before the voters. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WALTON BEACH, FLORIDA AS FOLLOWS: 1. That the City Council does hereby direct that the authority to grant economic development property tax exemptions to new businesses and expansions of existing businesses that are expected to create new, full -time jobs in the city be placed upon the ballot at the Primary Election to be held on August 26, 2014. 2. That as a result of the foregoing, the City Council does hereby establish the following ballot title and official wording of the ballot question to be submitted to the vote of the electors of the City of Fort Walton Beach and such shall appear on the ballot at the Primary Election to be held on August 26, 2014: BALLOT TITLE: A vote allowing temporary economic development property tax exemptions to businesses that create new jobs.  RESOLUTION 2014 - 10 BALLOT LANGUAGE: In order to create new jobs, shall the Fort Walton Beach City Council be authorized to grant, pursuant to s. 3, Art. VII of the State Constitution, temporary economic development property tax exemptions to new businesses and expansions of existing businesses that will create new, full time jobs in the. City? Yes For authority to grant exemptions. No Against authority to grant exemptions. 3. The Supervisor of Elections shall take all necessary actions to meet the legal requirements to conduct a Primary Election on August 26, 2014, including but not limited to publishing a notice of said election once in the fifth week and once in the third week prior to the week in which the referendum election is to be held. 4. This Resolution shall take effect upon approval of the City Council of the City of Fort Walton Beach. . ADOPTED THIS 10' h DAY OF JUNE, 2014 A 44--- Mike Anders6d,Mayor Att stl Approved for form, legal s Helen Spencer, City Jerk ayw ykes, Jr., Ci ttorn DISPOSTT101'4 i