Loading...
HomeMy WebLinkAboutCity of Tamarac Resolution R-99-230Temp. Reso. #8748 Revision # 3 September 8, 1999 Page 1 CITY OF TAMARAC, FLORIDA RESOLUTION NO. �� O A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE THE WAIVER OF GENERAL FUND FEES (INCLUDING ENGINEERING FEES, COMMUNITY DEVELOPMENT FEES, AND BUILDING PERMIT FEES) NOT TO EXCEED $600,000.00 FOR CITY FURNITURE TO RELOCATE ITS CORPORATE HEADQUARTERS TO TAMARAC COMMERCE PARK; PROVIDING CONCEPTUAL APPROVAL OF THE STAFF RECOMMENDATIONS FOR SITE PLAN AND TRAFFIC ISSUES IDENTIFIED BY CITY FURNITURE; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, it is proper to utilize public funds for public purposes; and WHEREAS, this expenditure is for the public purpose of improving the economic well being of the City of Tamarac; and WHEREAS, economic welfare is one of the main concerns of a modern city; and WHEREAS, the relocation of City Furniture will encourage the economic revitalization of the City of Tamarac by providing employment for four -hundred (400) employees with a projection of over seven -hundred (700) employees; and WHEREAS, City Furniture will stimulate the City's economy by contributing to the utilization of local housing and commercial establishments; and WHEREAS, utilization of local housing and commercial establishments will result in additional property tax revenue to the City; and Temp. Reso. #8748 Revision # 3 September 8, 1999 Page 2 WHEREAS, the relocation of City Furniture corporate headquarters to the City of Tamarac will stimulate additional economic development in the City which will ultimately result in increased property taxes to the City from the Tamarac Commerce Park; and WHEREAS, the City of Tamarac will realize revenue from real property improvements which would not have been made but for the relocation of City Furniture corporate headquarters to the City of Tamarac; and WHEREAS, the Mayor and City Commission of the City of Tamarac have long recognized the importance of the Tamarac Commerce Park to the economic vitality of the City; and WHEREAS, in Fiscal Year 1998, the Mayor and City Commission reaffirmed their interest in the Tamarac Commerce Park by supporting the construction of Hiatus Road from the Westpoint DRI to McNab Road (Commercial Boulevard to McNab Road), thereby encouraging development in this area; and WHEREAS, the City was contacted by Kevin Koenig President of City Furniture regarding the potential of relocating the corporate headquarters to the City of Tamarac; and WHEREAS, City Furniture plans to build a 863,600 square foot facility in Tamarac Commerce Park, the project will be completed in two (2) phases (in Phase I City Furniture plans to build a 425,000 square foot building and by the end of Phase II an additional 438,600 square feet will be added to the facility); and WHEREAS, the City Manager met with the representatives of City Furniture to determine if the City could assist in the company's desire to relocate its corporate headquarters to the City of Tamarac; and WHEREAS, after meetings and discussions, the City Manager concluded that it would be in the City's interest to assist City Furniture with relocation to the City of Tamarac; and Temp. Reso. #8748 Revision # 3 September 8, 1999 Page 3 WHEREAS, the City Manager recommends that the City Commission authorize the waiver of General Fund fees (including Engineering Fees, Community Development Fees, Building Permit Fees, and temporary Utilities Fees) in an amount not to exceed $600,000.00; and WHEREAS, the City Manager recommends that the $600,000.00 fee waiver be distributed as follows: $500,000.00 waived in Phase I, and $100,000.00 waived in Phase II; and WHEREAS, the General Fund will provide $100,000 to the Utilities Fund for temporary Utilities fee waivers in Phase I; and WHEREAS, the General Fund will recover the $100,000 provided for the temporary Utilities fee waivers through Phase II fees paid by City Furniture to the General Fund; and WHEREAS, available funds exist in the General Fund for said purpose; and WHEREAS, City Furniture agrees that the fee waivers will come from General Fund Fees; and WHEREAS, City Furniture agrees that they will be responsible for the remainder of the City fees; and WHEREAS, the City Manager and Director of Community Development recommend conceptual approval of staff recommendations for site plan and traffic issues identified by City Furniture attached hereto as ATTACHMENT 1; and WHEREAS, the recommendation is based on several factors/assumptions, including (1) that this project will stimulate additional economic development in the Tamarac Commerce Park, as well as enhance the image of the City; (2) the development and relocation of the City Furniture corporate headquarters to the Tamarac Commerce Park maybe dependent upon City Furniture's ability to acquire Temp. Reso. #8748 Revision # 3 September 8, 1999 Page 4 Parcel B of the property at the intersection of McNab Road and the Sawgrass Expressway, which is presently owned by the Turnpike Authority; and WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interest of the citizens and residents of the City of Tamarac to approve Economic Development Incentives consisting of General Fund Fee waivers not to exceed $600,000.00 for City Furniture corporate headquarters to relocate to the Tamarac Commerce Park. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That the foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and are hereby made a specific part of this Resolution. SECTION 2: That the City Manager is authorized to waive General Fund Fees (including Engineering Fees, Community Development Fees, and Building Permit Fees) not to exceed $600,000.00 for City Furniture to relocate its corporate headquarters to Tamarac Commerce Park. SECTION 3: That the City Manager is authorized to waive $500,000 in General Fund fees in Phase I; $100,000 of which will be Phase II fees credited to Phase I. For correct accounting purposes, the $100,000 General Fund Phase II credit will be temporarily taken against the Utilities Fund Fees until the Phase II General Fund fees are paid by City Furniture. The City Manager is also authorized to waive $100,000 in General Fund fees in Phase II. SECTION 4: That the staff recommendations for site plan and traffic issues identified by City Furniture and attached as ATTACHMENT 1 hereto are hereby conceptually approved. Temp. Reso. #8748 Revision # 3 September 8, 1999 Page 5 SECTION 5: That the City Manager is authorized to sign an Agreement with the appropriate officers of City Furniture which delineates the relevant substantive parts of the Resolution. SECTION 6: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 7: If any clause, section, other part or application of this Resolution is held by any court of competent jurisdiction to be unconstitutional or invalid, in part or application, it shall not affect the validity of the remaining portions or applications of this Resolution. SECTION 8: This Resolution shall become effective immediately upon its passage and adoption. Qrf-A PASSED, ADOPTED AND APPROVED this day ofL""V�1999. i JOE SCHREIBER MAYOR ATTEST: CAROL GOL , CMC/AAE CITY CLERK RECORD OF COMMISSION VOTE MAYOR SCHREIBER DIST 1: COMM. PORTNER I HEREBY CERTIFY that I have QI$"' a; V/M MISHKIN r ved this RESOLUTION as to form. DIST 3: COMM. SULTANOF / DIST 4: OMM. ROBERTS 'r I k 4 MITCHELL S. KRAFT CITY ATTORNEY