Item No: 4.C.8.
Meeting Date: February 27, 2012
From: Ken Thomas, Director of Housing & Economic Development
Subject: Resolution Approving an Interlocal Agreement among Lake County Government and the Cities of Eustis, Leesburg and Mascotte Regarding
The Lake County Enterprise Zone (EZ) and The Lake County Enterprise Zone Development Agency
Staff recommends approval of the interlocal agreement among Lake County, Eustis, Leesburg and Mascotte to establish the Enterprise Zone and exercise powers pursuant to the Florida Enterprise Zone Act, Sections 290.001-290.016, Florida Statutes.
On November 28, 2011, the Leesburg City Commission approved a resolution supporting Lake County’s nomination of areas within the City of Eustis, Mascotte, Leesburg and unincorporated Lake County as a Florida Enterprise Zone. Subsequently, the Florida Department of Economic Opportunity approved the County’s application for creation of the Enterprise Zone.
Therefore, all parties (Leesburg, Eustis, Mascotte, and Lake County) are required to enter into this Interlocal Agreement to establish the terms and conditions to carry out the Enterprise Zone activities. Below is a list of powers and responsibilities given to the Enterprise Zone:
Enterprise Zone Economic Incentives
Businesses located in the Enterprise Zone may be eligible for the following economic incentives:
Brownfield Sites Located in the Enterprise Zone:
Properties located in the Carver Heights CRA, and designated brownfield sites, are eligible for additional incentives such as:
Businesses may also be able to apply for grants to cover site assessment and clean up costs.
1. Approve the Interlocal Agreement between Lake County, Leesburg, Eustis and Mascotte; or
2. Such alternative action as the Commission may deem appropriate
No immediate fiscal impact
Prepared by: ______________________
Attachments: Yes____ No ______
Advertised: ____Not Required ______
Attorney Review : Yes___ No ____
Reviewed by: Dept. Head ________
Finance Dept. __________________
Deputy C.M. ___________________
City Manager ___________________
Account No. _________________
Project No. ___________________
WF No. ______________________
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN INTERLOCAL AGREEMENT AMONG THE CITY OF LEESBURG, WHO HAS DESIGNATED THE AREA AS CARVER HEIGHTS ENTERPRISE ZONE, CITY OF EUSTIS, THE CITY OF MASCOTTE, AND LAKE COUNTY GOVERNMENT; AND PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA:
THAT the Mayor and City Clerk are hereby authorized to execute an interlocal agreement with Lake County Government whose address is 315 West Main Street, Post Office Box 7800 Tavares, Florida, 32778 for the purpose of implementing the Lake County Enterprise Zone.
THAT this resolution shall become effective immediately.
PASSED AND ADOPTED by the City Commission of the City of Leesburg, Florida, at a regular meeting held the _27th _ day of _February__ 2012.