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Res 25-98 RESOLUTION NO. 25-98 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, ENDORSING THE URBAN JOB TAX CREDIT PROGRAM AUTHORIZED BY SECTION 212.097, FLORIDA STATUTES (THE "ACT"); PERMITTING LOCAL GOVERNMENTS AND COUNTIES TO APPLY FOR AREA DESIGNATIONS; PROVIDING FOR AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. W~EREAS, it is the intent of the Legislature to encourage the provision of meaningful employment opportunities that will improve the quality of life of those employed, and to encourage economic expansion of new and existing businesses in urban high-crime areas of this State; and Wq4EREAS, upon an affirmative showing by a business to the satisfaction of the Department of Revenue that the requirements of this section of the Florida Statutes have been met, the business shall be allowed a credit against the tax remitted under the chapter. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1: The City Commission of the City of Delray Beach, Florida, finds that a high-crime area exists within its municipal boundaries, or in both the County and other municipalities, and that this area chronically exhibits extreme and unacceptable levels of poverty, unemployment, physical deterioration, and economic disinvestment. Section 2: The City Commission determines that the rehabilitation, conservation, or redevelopment, or a combination thereof, of such a high-crime area is necessary in the interest of the health, safety, and welfare of the residents of such county or municipality, or such county and one or more municipalities. Section 3: The City Commission determines that the revitalization of such a high-crime area can occur if the public sector and the private sector can be induced to invest their own resources in productive enterprises that build or rebuild the economic vitality of the area. Section 4: The City Commission endorses the Urban Job Tax Credit Program enacted under Section 212.097 of the Florida 'Statutes. Section 5: This resolution shall take effect immediately upon adoption. P~SED ~ ~OPTED in regular session on this 7th day of ~ril, 1998. City Clerk -2- Res. No. 25-98 MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER ~'~ SUBJECT: AGENDA ITEM #~ - REGULAR MEETING OF APRIL 7, 1998 RESOLUTION NO. 25-98 ENDORSING THE URBAN JOB TAX CREDIT PROGRAM DATE: APRIL 3, 1998 The State of Florida has enacted the Urban Job Tax Credit Program as established at F.S. 212.097. The purpose of the program is to encourage the creation of employment opportunities and economic expansion in urban high crime areas through the provision of tax credits for eligible businesses located within fifteen (15) designated Urban Areas. We want to apply for one of the Urban Area designations under a joint application, with Palm Beach County serving as the lead agency. The area in Delray Beach recommended for inclusion is bounded by Congress Avenue (from S.W. 10th Street north to Lake Ida Road), West Atlantic Avenue south to S.W. 10th Street, and east to S.W. 4th Avenue (map attached). In order to participate, the Commission is asked to approve Resolution No. 25-98 endorsing the Urban Job Tax Credit Program, and authorize staff to jointly apply with Palm Beach County for an Urban Area designation. Approval is recommended. ref:agmemo7 MEMORANDUM DATE: April 1, 1998 TO: David Harden, City Manager / /,,~.~ FROM: Lula Butler, Director, Community Improvement RE: Resolution No. 25-98 Sup.~ortin_~ the Urban Job Tax Credit Pro~_ram ITEM BEFORE THE COMMISSION: A request for City Commission approval of Resolution No. 25-98 supporting the Urban Job Tax Credit Program established under Florida State Statute Chapter 212.097 (the "Act") and authorize the City to apply for a designation under a joint application with Palm Beach County. BACKGROUND: The Urban Job Tax Credit Program was enacted to encourage the creation of new jobs, improve the quality of life of those employed and to promote expansion of new and existing businesses in high-crime areas of Florida. To achieve these objectives, the State will provide tax credits to eligible businesses located within 15 designated Urban Areas. Palm Beach County has agreed to be the lead agency, competing for one of the Urban Area designations in cooperation with four municipalities. The Office of Tourism, Trade and Economic Development (OTTED) will be the State agency having the administration and general oversight of this program. The formal application is due into their office prior to 5:00PM Thursday, April 30, 1998. The agency will be looking at the proposed geographic areas for the highest: · arrest rates for such crimes as drug sale and possession, prostitution, vandalism and civil disturbances; · reported crime volume and rate of specific property crimes such as business and residential burglary, motor vehicle theft, and vandalism; · percentage of reported index crimes that are violent in nature; · overall index crime volume for the area and overall index crime rate for the geographic area. The application will identify local support for the nominated area such as: · Community policing and crime reduction programs; · Local and private resources committed to the area; · Revitalization or beautification programs; · Commitments from the governing body to enact local incentives; · Business development program; and · Job training/welfare reform programs. Eligible business will be able to apply for tax credits that will range between $500 to $1,500 per employee, depending on the number of employees per business, once during a 12-month period. The City is recommending the area bounded by Congress Avenue (north to Lake Ida Road and south to 10th Street), West Atlantic Avenue to 10th Street, east to SW 4th Avenue. (see attached map). Relevant crime data has been provided by the Police Department. RECOMMENDATION: Staff is recommending approval of Resolution No. 25-98 supporting the Urban Job Tax Credit Program and authorize staff joint participation with Palm Beach County for an Urban Area designation under this program. LB:DQ Attachment TaxCr. PBC CITY OF DELRAY BEACH, FL CULF S~EA~ BL~, - URBAN JOB TAX CREDIT PROGRAM - L-30 CANAL OTY OF BO~T~ ? ~ ~ IDA ROAD ~ LAKE ~! LAKE r .'~-'- F'~ J - LOWSON BOULEVARD LINTON BOULEVARD BOULEVARD I i i L-38 CANAL C-15 CANAL CITY OF BOCA RATON CITY LIMITS SCALE NOMINtlT£B MARCH 1998 CITY OF DELRAY BEACH, FL PLANNING; ~ ZONING; DEPARTMENT -- D/G/r/V. B,4~£ MAP SYE~Z'4I --- Date: Agenda Item No. ~. ~ · AGENDA REQUEST Agenda requ¢st to be plac¢~t on: X Regular __ Special __ Workshop __ Consent When: 6/7/98 Description of Agenda Item: Resolution 25-98 Supporting the Urban Job Tax Credit Program ~---- --~" Attache .~e~// No Ordinanc ,~esolution Requiredi) ~ei' ;7 No Draft Recommendation: a p p r o v a 1 Department Head Signature:! City_ Attorney Review/Recommendation (if applicable) Budget Director Review (required on all items involving expenditure of funds): Funding Available: Yes / No Funding Alternatives: (if applicable) Account # & Description: Account Balance: City Manager Review: Approved for agenda:~S / No Hold Until: cJ Agenda Coordinator Review: Received: Action: Approved / Disapproved 1/17/96 RESOLUTION NO. 25-98 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA ENDORSING THE URBAN JOB TAX CREDIT PROGRAM AUTHORIZED BY SECTION 212.097, FLORIDA STATUTES (THE "ACT"), PERMITTING LOCAL GOVERNMENTS AND COUNTIES TO APPLY FOR AREA DESIGNATIONS. WHEREAS, it is the intent of the Legislature to encourage the provision of meaningful employment opportunities that will improve the quality of life of those employed, and to encourage economic expansion of new and existing businesses in urban high-crime areas of this State, and WHEREAS, upon an affirmative showing by a business to the satisfaction of the Department of Revenue that the requirements of this section of the Florida State Statutes have been met, the business shall be allowed a credit against the tax remitted under the chapter, NOW THEREFORE, be it resolved by the City Commission of the City of Delray Beach, Florida as follows: Section 1. The City Commission of the City of Delray Beach, Florida finds that a high-crime area exists within its municipal boundaries, or in both the County and other municipalities, and that this area chronically exhibits extreme and unacceptable levels of poverty, unemployment, physical deterioration, and economic disinvestment, Section 2. The City Commission of the City of Delray Beach, Florida determines that the rehabilitation, conservation, or redevelopment, or a combination thereof, of such a high-crime area is necessary in the interest of the health, safety, and welfare of the residents of such county or municipality, or such county and one or more municipalities, Section 3. The City Commission of the City of Delray Beach, Florida determines that the revitalization of such a high-crime area can occur if the public sector and the private sector can be induced to invest their own resources in productive enterprises that build or rebuild the economic vitality of the area. Section 4. The City Commission of the City of Delray Beach, Florida endorses the Urban Job Tax Credit Program enacted under Section 212.097 of the Florida State Statutes. Section 5. This resolution shall take effect immediately upon its adoption. Passed and adopted at the regular meeting of the City Commission of the City of Delray Beach, Florida on this day of ,1998. Mayor, City of Delray Beach, Florida ATTEST: City Clerk