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20-2172 Amending Chapter 82, Article VI Exemption from Ad-Valorem Taxation -LEDTAORDINANCE NO. 20-2172 AN ORDINANCE OF THE CITY OF LONGWOOD, FLORIDA, AMENDING THE LONGWOOD CITY CODE CHAPTER 82 "TAXATION," ARTICLE VI "EXEMPTION FROM AD VALOREM TAXATION" TO UPDATE THE LONGWOOD ECONOMIC DEVELOPMENT TAX ABATEMENT (LEDTA) PROGRAM; PROVIDING FOR AND MODIFYING DEFINITIONS; PROVIDING FOR AND MODIFYING THE PROCESS AND CRITERIA FOR RECEIVING THE ECONOMIC DEVELOPMENT TAX ABATEMENT; PROVIDING FOR CHANGE OF OWNERSHIP, REPORTING, EXTENSIONS, AND OTHER MATTERS RELATED TO THE LEDTA PROGRAM; AND PROVIDING FOR CONFLICTS, CODIFICATION, SEVERABILITY AND EFFECTIVE DATE. WHEREAS, the City of Longwood desires to foster and maintain a local economic development climate that results in a healthy business sector and sustains a quality of life desired by the residents of our community; and WHEREAS, a prosperous economic base supports self-sufficiency for maintaining quality municipal services, maximizing economic multiplier effects, and improving the community's overall quality of living; and WHEREAS, the City of Longwood desires to update the Longwood Economic Development Tax Abatement Program, which provides incentives that enable the community to advance opportunities for quality, sustainable economic development; and NOW, THEREFORE BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LONGWOOD, FLORIDA, AS FOLLOWS: SECTION 1. The Longwood City Code shall be Amended as follows (Words that are StFieken gut are deletions; words that are underlined are additions; Articles, Sections, Subsections and Provisions not referenced in this ordinance are not modified): ARTICLE VI. - EXEMPTION FROM AD VALOREM TAXATION Sec. 82-252. - Definitions. When used in this article, the following terms shall have the following meanings, unless the context clearly requires otherwise: Annual report means City of Longwood LEDTA reporting form to be completed annually as established in the LEDTA application package. Applicant means any person, firm, partnership, or corporation who files a LEDTA application with the city commission seeking an exemption. Ordinance No. 20-2172 Page 1 of 12 Average annual wage as established by the Metro Orlando Economic Development Commission for #ie Gity ef Lengweed Seminole County reviewed annually for new LEDTA applications. Benefits means the value to the City of providing the exemption, which generally includes increased property values, increased revenues from property taxes, business license fees, and permit fees the improvement of existing buildings and construction of new buildings, direct and induced impacts which includes employee compensation, direct employment and indirect employment and induced employment into other supportive business sectors and the value added due to those increased employment numbers through business revenues and retail sales tax. Business means activity engaged in by any person, firm, partnership, corporation, or other business organization or entity with the object of private or public gain, benefit, or advantage, either direct or indirect. City means the City of Longwood, a charter city located in Seminole County, a political subdivision of the State of Florida. City commission means the City of Longwood Commissioners. City manager means the chief executive officer of the city. Department means the Florida Department of Revenue. Exemption means a City of Longwood economic development ad valorem tax exemption granted pursuant to F.S. § 196.1995 and this article. Expansion of an existing business means: (1) A business or organization establishing ten or more new jobs to employ ten or more full-time employees in this state, paying an average wage for such new jobs that is above the average wage in Seminole County, Florida the area, which principally engages in any of the following operations: Manufactures, processes, compounds, fabricates, or produces for sale items of tangible personal property at a fixed location and which comprises an industrial or manufacturing plant; or is a target industry business; or (2) A business or organization establishing 25 or more new jobs to employ 25 or more full- time employees in this state, the sales factor of which, as defined by F.S. § 220.15(5), for the facility with respect to which it requests an economic development ad valorem tax Ordinance No. 20-2172 Page 2of12 exemption is less than 0.50 for each year the exemption is claimed, including but not limited to retail restaurants, entertainment venues, financial & insurance services, wholesale trade informational industries, professional, scientific or technical services, management services, administration & support services; provided that such business increases operations on a site located within the same county, municipality, or both colocated with a commercial or industrial operation owned by the same business or organization under common control with the same business or organization, resulting in a net increase in employment of not less than ten percent or an increase in productive output or sales of not less than ten percent; or Implementing ordinance means an ordinance enacted pursuant to section 82-255 for the purpose of granting an exemption. Improvements means physical changes made to raw land, and structures placed on or under the land surface. New business means: (1) A business or organization establishing ten or more new jobs to employ ten or more full-time employees in this state, paying an average wage for such new jobs that is 15% or more above the average wage in Seminole County, Floridathe aFea, which principally engages in any one or more of the following operations: Manufactures, processes, compounds, fabricates, or produces for sale items of tangible personal property at a fixed location and which comprises an industrial or manufacturing plant; or (2) Is a target industry business as defined in F.S. § 288.106(2)(q); or (3) A business or organization establishing 25 or more new full-time jobs or full-time equivalent (FTE) to employ 25 or more full-time employees in this state, the sales factor of which, as defined by F.S. § 220.15(5), for the facility with respect to which it requests an economic development ad valorem tax exemption is less than 0.50 for each year the exemption is claimed; or (4) An office space in this state owned and used by a business or organization newly domiciled in this state; provided such office space houses 50 or more full-time employees of such business or organization; provided that such business or organization office first begins operation on a site clearly separate from any other commercial or industrial operation owned by the same business or organization; or (5) Any business or organization located in an enterprise zone or brownfield area that first begins operation on a site clearly separate from any other commercial or industrial operation owned by the same business or organization; or Ordinance No. 20-2172 Page 3 of 12 (6) A business or organization that is situated on property annexed into a municipality and that, at the time of the annexation, is receiving an economic development ad valorem tax exemption from Seminole County (F.S. § 196.012(15)). (7) A mixed -use or single -use project that includes a minimum of 50,000 square feet of retail restaurants, hotel, or entertainment space and creates 25 or more full-time or full-time equivalent (FTE) jobs, and the sales factor of which, as defined by F.S. 220.15(5) for the facility is less than 0.50 for each year the exemption is claimed. Property appraiser means the Seminole County Property Appraiser. Real property means all land, structures, firmly attached and integrated equipment (such as light fixtures or a well pump), anything growing on the land, and all "interests" in the property which may be the right to future ownership, right to occupy for a period of time (tenancy or life estate). Sales factor means the sales factor as defined in F.S. § 220.15(5), specifically, the sales factor is a fraction; the numerator of which is the total sales of taxpayer in Florida during the taxable year or period; and the denominator of which is the total sales of the taxpayer everywhere during the taxable year or period. Tangible personal property means as defined by the Florida Department of Revenue, all goods, chattel, and other articles of value (excluding some vehicular items) capable of manual possession and whose chief value is intrinsic to the article itself. Inventory and households goods are excluded. Examples usually include portable machinery and equipment, office furniture, tools, vehicles, and supplies held by a business or organization. Sec. 82-253. - Legislative findings. It is hereby ascertained, determined and declared that: (a) Article VII, Section 3, of the Constitution of the State of Florida and F.S. § 196.1995, empower the City of Longwood to grant ad valorem economic development tax exemptions after the electors of the city by voting on the question in a referendum, authorized the city commission have to ability to permit such tax exemptions. In a referendum held on November 6, 2012, the City of Longwood voters authorized the city commission are peFfflitted to grant ad valorem tax exemptions. (b) It is the intent of the city commission in enacting this article to provide an incentive to new businesses or the expansion of existing businesses which makes a positive contribution to the economy of the city in terms of new jobs and improvements to real and personal property. (c) The intent of the city commission is to promote the economy by creating jobs in the city in such a way as not to disadvantage existing businesses while recognizing that productive completion assists in economic growth and development for the entire city. Ordinance No. 20-2172 Page 4 of 12 (d) The city commission desires to provide incentives to businesses of diverse industries having a positive impact on the economy of the city. The commission declares that the provision of exemptions serves the public purpose of fostering economic growth and development for the city and to benefit the city's residents and business owners' quality of life. (e) Based on F.S. § 196.1995, this article shall expire on November 6, 2023, ten years after the date such authority to grant economic development ad valorem tax exemptions was approved by the electors of the city. Sec. 82-254. - Ad valorem tax exemption. (a) The commission is hereby authorized to grant exemptions in accordance with the terms of F.S. § 196.1995 and this article. Exemptions may be granted or refused at the sole discretion of the city commission. (b) The exemption shall not accrue to improvements to real property made by or for the use of a new business or the expansion of an existing business or tangible personal property acquired to facilitate a new business or the expansion of an existing business unless such improvements are made or such tangible personal property is acquired on or after the effective date of an implementing ordinance for a specific business, as provided in section 82-255. (c) Any exemption granted may apply up to 100 percent of the assessed value of all improvements to real property made by or for the use of a new business and of all tangible personal property of such new business, or up to (100 percent of the assessed value of all added improvements to real property made to a facility for the expansion of an existing business and of the new increase in all tangible personal property acquired to facilitate such expansion of an existing business, provided that the improvements to real property are made or the tangible personal property is added or increased on or after the effective date of an implementing ordinance for a specific business, as provided in section 82-255. (d) Property acquired to replace existing property shall not be considered to facilitate the expansion of an existing business. (e) The exemption may be granted for a period up to ten years from the date the commission enacts an implementing ordinance to a specific business. (f) No exemption shall be granted for the land upon which a new business or the expansion of an existing business is to be located. (g) The exemption applies only to taxes levied by the City of Longwood. The exemption does not apply to taxes levied by Seminole County, the school district, the water management district, taxes levied for payment or taxes levied as authorized by the electors pursuant to Section 9 and Section 12, Article VII of the State Constitution of Florida. (h) Each exemption shall be the subject to each of the following conditions: Ordinance No. 20-2172 Page 5 of 12 (1) Each business granted an exemption shall maintain the new business or the expansion of an existing business as defined in section 82-253 and this article throughout the entire period of the exemption. (2) Each business granted an exemption shall be required to meet with and submit an annual report and employee roster to the community development rpryirnpr director or designee evidencing satisfaction of the foregoing condition. The annual report and employee roster must be submitted on or before January 15 each year the exemption is in effect. (3) Each business granted an exemption shall furnish to the community development i;ppoiees-director or their designee, and will be distributed to the commission, such information and reports as the commission deems reasonable for the purpose of determining continued performance and execution of conditions stated in the implementing ordinance and the representations made in the Longwood Economic Development Tax Abatement Program (LEDTA) application and annual reporting. Sec. 82-255. - Application packages. (a) Any eligible person, firm, partnership, or corporation which desires an exemption must file with the community development services director or their designee a written application in the form prescribed by the LEDTA application package. (b) The LEDTA application package process shall request the city commission adopt by normal and required procedures an implementing ordinance granting the applicant tax exemption. Applications and implementing ordinance shall have by F.S. § 196.1995(8)(a)—(g) a minimum of the following components: (1) The name and location of the new business or the expansion of an existing business; (2) The name of the owner or owners of the new business or the expansion of an existing business; (3) A description of the improvements to real property for which an exemption is requested and the date of commencement of construction of such improvements; (4) A description of the tangible personal property for which an exemption is requested and the dates when such property was or is to be purchased; (5) Proof, to the satisfaction of the commission that the applicant is a new business or an expansion of an existing business, as defined in F.S. § 196.012(15) or (16) and in section 82-253; (6) Provide the following information: a. The current number of full-time/equivalent (FTE) and seasonal employees of the expanding business; the total number of FTE and seasonal jobs to be created and maintained by the new or expanding business, and the period (total number of years) needed to fill all of the new jobs; b. The expected number of employees that will reside in the city and Seminole County; Ordinance No. 20-2172 Page 6 of 12 c. The average annual wage of the new jobs, identifying the average annual salary with executives' salaries included and with executives' salaries excluded; d. The type of industry or business; e. The environmental impact of the industry or business; f. The current and anticipated volume (in dollars) of business or production, and the percentage of total product sales; g. Whether the new business relocation or expansion would occur without the exemption with supporting documentation; h. The anticipated cost of and demand for blic services; i. The source of supplies (local or otherwise); J. The total length (number of years) and amount (in dollars) of the LEDTA exemption period being requested and iustification for both; and k. The expected time schedule for job creation; and (7) Any such other information as may be deemed necessary by the city commission. (c) A business will be required to commence the creation of full-time jobs within the period of the exemption and to maintain any newly filled jobs for its facility in the City of Longwood, at a minimum, through the expiration of the exemption granted by the commission. If a business requires additional time beyond the date of the expiration of the exemption to satisfy all new job creations, maintenance and salary commitments identified in the LEDTA application, it will be necessary for the business or organization and the city to enter into a separate agreement which will obligate the business to comply fully with those commitments. (d)(e4 Upon submittal of the application the community development services director or their designee shall review same, and within ten days of submission, and notify the applicant of any facial deficiencies. (e){#} As a condition to receiving an rebate a business will be required to enter into an agreement with the City, in a form approved by the City Attorney, to ensure that the business satisfies all requirements associated with the creation of jobs in the City, the fulfillment of other representations made in applying for the rebate and the granting of the rebate by the City Commission. A busiRessR t Will l3m egWiFed to eRteF into aR Rt with Obligations Sec. 82-256. - City commission consideration of city economic development tax abatement application package. Ordinance No. 20-2172 Page 7 of 12 (a) The commission shall take action on each Longwood Economic Development Tax Abatement (LEDTA) application; including the enactment of the implementing ordinance should the commission decide to grant the application within 90 days of the date on which a completed LEDTA application is filed with the department of community services director or their designee. During the implementing ordinance process interested agencies and parties shall have an opportunity to review and comment on the LEDTA application during two regular city commission meetings. The City Manager may grant time extensions as needed to appropriately address any application. (b) The threshold for eligibility is whether the business meeting the definition of a new business or an expansion of an existing business defined in section 82-252, and one which is not an ineligible business or industry as set provided for in section 82-256(d). (c) The next level to determine eligibility is the commission's consideration of the information the applicant provided to determine whether the exemption, if granted, would result in an economic benefit to the City of Longwood. 1) The City Commission, in making decisions and determinations under the provisions of this Ordinance, shall further be guided by the following considerations and criteria in a manner which provides for flexibility in accordance with the best interests of the City as determined solely and exclusively by the City Commission: a. Consistency of the project with the Comprehensive Plan, relevant retail studies, and the City's goals and objectives b. The likelihood that the project would occur absent the provision of incentives c. The total number of net new iobs to be created by the project d. The current and anticipated volume (in dollars) of business or production e. The type of business or operation and whether it qualifies as a targeted industry f. The advancement of goals to promote the redevelopment of existing sites and the provision of retail, restaurant, and hotel space g. The diversification of the City's economic base and the promotion of economic sustainability h. That the project provides a minimum $1,000,000 capital investment i. The likely cost and demand for public services balanced against the proposed incentive j. If any other publicly funded economic development incentives have been granted for the proiect, that fact and the level of such incentives Ordinance No. 20-2172 Page 8 of 12 (d) Any existing business in violation of any federal, state, or local law or regulation governing environmental matters is not eligible for an exemption. (e) Before any commission action is taken, the city shall deliver a copy of the completed LEDTA application to the county property appraiser for review. The county property appraiser shall report to the city commission the fiscal impact of granting the exemption. (f) The county property appraiser shall include the following in a report to the city commission: (1) The total revenue available to the city for the current fiscal year from ad valorem tax sources or an estimate of such revenue if the actual total available revenue cannot be determined; (2) The amount of revenue lost to the city for the current fiscal year by virtue of exemptions previously granted, or an estimate of such revenue if the actual revenue lost cannot be determined; (3) An estimate of the amount of revenue which would be lost to the city for the current fiscal year if the exemption applied for was granted had the property for which the exemption is requested otherwise been subject to taxation; and (4) A determination as to whether the property for which an exemption is requested is to be incorporated into a new business or the expansion of an existing business, or into neither, which determination of the property appraiser shall also affix to the face of the LEDTA application. Upon request, the state department of revenue will provide the property appraiser such information as it may have available to assist in making this determination. (h) After consideration of the LEDTA application and report of the county property appraiser on the LEDTA application the commission may choose to adopt an implementing ordinance granting the exemption to a new business or the expansion of an existing business. If an exemption is granted, the implementing ordinance shall include the following: (1) The name and address of the new business or the expansion of an existing business; (2) The name of the owner or owners of the new business or the expanding existing business; (3) The total amount of revenue available to the city from ad valorem tax sources for the current fiscal year, and the amount of the revenue lost to the city for the current fiscal year by virtue of exemptions currently in effect, and the estimated revenue loss attributable to the exemption granted to the new business or expanding existing business; (4) The period of time the exemption will remain in effect and the expiration date of the exemption; and (5) A finding that the business meets the definition of a new business or an expansion of an existing business, as set forth in section 82-252. Ordinance No. 20-2172 Page 9 of 12 Qi (j} No precedent shall be implied or inferred by the granting of an exemption to any new business or expansion of an existing business. LEDTA applications for exemptions shall be considered by the commission on an individual basis for each LEDTA application, after consideration of the county property appraiser report on the LEDTA application and agenda recommendations of the City of Longwood's finance department and community development services staff recommendation. Sec. 82-257. - Continuing performance. (a) Change in ownership. The -.,,.-,.,ess gFanted an exemptieR shall be „d W ;RfOF A the die+. The _business _granted a rebate shall inform the City Commission in writing within 10 days as to any changes in ownership of the business granted a rebate and it is prohibited and unlawful to fail to do so. Moreover, the transferee business shall continue to comply with all rebate requirements and shall assume in writing all of the obligations of the transferor business provided for in the agreement required by this Ordinance. Failure of the business granted a rebate to notify the City Commission of any such changes in ownership is cause for revocation of the ordinance granting the rebate, at the City Commission's discretion. (b) Annual reporting. The h,-Sin „-r „ . ted an exemptign shall her ed to cemplete ap The ability to receive a rebate for the period granted shall be conditioned upon the applicant's ability to maintain the Development giving rise to the award of the rebate throughout the entire period. The applicant shall be required to submit an annual renewal statement and an annual report to the City Manager, or designee, on or before January 15 of each year for which the rebate was granted. The annual renewal statement shall certify that the information provided in the original application has not changed. The annual report shall provide a report on the status of the business, evidencing satisfaction of the business maintenance and continued performance conditions set forth in the application. The report shall be prepared in substantially the form approved by the City Manager, or designee, and shall contain such information as the City Manager, or designee, may reasonably deem necessary for the purpose of determining continuing performance by the business of the conditions provided for in this Ordinance, the ordinance specifically granting the business an rebate and the representations made in the application. Sec. 82-258. - Revocation. (a) Should any new business or expansion of an existing business: Ordinance No. 20-2172 Page 10 of 12 (1) Fail to file the annual report and employee roster with the community development services director or their designee on or before January 15 each year the exemption has been granted as required in section 82-254(g) hereof; (2) Fail to continue to meet the definition of a new business or an expansion of an existing business; (3) Fail to fulfill any other representation(s) made',to the commission during the application process, including but not limited to the creation and maintenance of the total number of new jobs identified in the application; or (4) Fail to comply with any other statutory requirement(s) for continuation or renewal of the exemption, the commission may enact an ordinance revoking the exemption. (b) The exemption may be revoked after expirations, of this implementing ordinance before November 6, 2022, for a business that fails to fulfill its obligations as provided under the implementing ordinance. The effective date for revocation of the exemption will be identified in the implementing ordinance. The City May also choose to allow a period of time of no more than a year to allow the business to fullfill its obligations, but is not required to do so. (c) Upon revocation of an exemption, the commission shall immediately notify the county property appraiser. (d) For any year that taxes may have been exempted and the commission finds that the business was not entitled to the exemption, such taxes may be recovered as provided by Florida Statute. (e) Nothing herein shall prohibit a business from reapplying for an exemption. Sec. 82-259. - Conflicts. If any resolution or ordinance or part thereof is in conflict herewith, this article shall control to the extent of the conflict. Sec. 82-260. - Severability. if any section, paragraph, sentence or work of this article or the application thereof to any person or circumstances are held to be invalid, that invalidity shall not affect other sections or applications of this article. Sec. 82-261. - Effective date. This article shall become effective immediately upon adoption. SECTION 2. CONFLICTS. If any ordinance or part thereof is in conflict herewith, this Ordinance shall control to the extent of the conflict. Ordinance No. 20-2172 Page 11 of 12 SECTION 3: CODIFICATION. Section 1 of this Ordinance shall be codified; and any sections, subsection, paragraph, or subparagraph may be renumbered or re -lettered as appropriate and to accomplish the intent of this Ordinance. SECTION 4: SEVERABILITY. The provisions of this Ordinance are declared to be separable and if any section, paragraph, sentence or word of this Ordinance or the application thereto any person or circumstance is held invalid, that invalidity shall not affect other sections or words or applications of this Ordinance. If any part of this Ordinance is found to be preempted or otherwise superseded, the remainder shall nevertheless be given full force and effect to the extent permitted by the severance of such preempted or superseded part. SECTION 5: This Ordinance shall take effect immediately upon its adoption. FIRST READING: February 3, 2020 SECOND READING AND ADOPTION: February 17, 2020 PASSED AND ADOPTED THIS 1711 DAY OF February, 2020 �J MATTHEW MORGAN, MAYOR ATTEST: MICHELLE LONGO, CIVIC, FCRM CITY CLERK Approved as to fo nd legality for the use and reliance of the City of Longwood, Florida, only. ram---_ DANIEL W. LANG , C AV612016 Ordinance No. 20-2172 Page 12 of 12