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Home My WebLink AboutCity of Tamarac Resolution R-96-1111 Temp. Reso. #7431 5/14/96 REV. # 1 5/17/96 REV. # 2 5/21/96 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-96- /1 1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA; AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE A GRANT FOR $12,500 TO DEFRAY MOVING AND RELOCATION EXPENSES TO PADLOCKER AN ILLINOIS TOOL WORKS COMPANY (FORMERLY LOVESHAW CORPORATION) TO RELOCATE TO THE CITY OF TAMARAC, LAND SECTION 7, PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE QAATE. 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 well fare is one of the main concerns of a modern city; and WHEREAS, the Loveshaw Corporation, a division of Illinois Tool Works, was renamed as Padlocker, an Illinois Tool Works Company; and WHEREAS, on February 22, 1995, the City Commission adopted Reso. R 95-39 (attached hereto and made a part hereof as Exhibit "'I") which approved a waiver of review and permit fees not to exceed $25,000 to the Loveshaw Corporation to relocate to the City; and WHEREAS, the relocation of Padlocker to Tamarac Commerce Park will contribute to the economic well being of the City; and 2 Temp. Reso. #7431 5/14/96 REV. # 1 5/17/96 REV. # 2 5/21 /96 WHEREAS, it is the recommendation of the City Manager that the City Commission authorize a grant of $12,500 to assist in relocation and moving expenses; and WHEREAS, the Mayor and City Commission of the City of Tamarac have long recognized the importance of Land Section 7 to the economic vitality of the City; and WHEREAS, after various meetings and discussions the City Manager has concluded that it will be in the City's interest to make this grant to Padlocker, who has now moved and been issued a Certificate of Occupancy for the building in Tamarac Commerce Park; and WHEREAS, the City Commission of the City of Tamarac, Florida deems it to be in the best interests of the citizens and residents of the City of Tamarac to approve a grant in the amount of $12,500 to defray moving and relocation expenses to Padlocker to relocate to the City of Tamarac, Land Section 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. SECTIQN 2: That a transfer of funds in the amount of $12,500 from General Fund Contingency - Special Projects to General Fund Economic Development Relocations for the purpose of funding this grant is hereby approved. SECTIQN 3: That the Certificate of Occupancy has been issued to Padlocker, and 1 1 1 3 Temp. Reso. #7431 5/14/96 REV. # 1 5/17/96 REV. # 2 5/21/96 the City Manager is authorized to forward a check for $12,500 to Padlocker to defray moving expenses and other costs of moving to the City of Tamarac. SECTION 4: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. SECTION 5: 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. 5=10N : This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this Mday of , 1996. ATTEST: CAROL A. EVANS, C.M.C. City Clerk CERTIFY that I have its RESOLUTION a4 MITCHELL S. KRAFT City Attorney I to form. MAYOR DIST.1: DIST. 2: DIST. 3: DIST. 4: RECORD OF COMMISSION VOTE padlocker/RSN/dn "EXHIBIT I February 15, 1995 Temp. Reso. #6989 1 Revision No. 1 - February 17, 1995 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-95---,,V A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE A WAIVER OF REVIEW AND PERMIT FEES NOT TO EXCEED $25,000 TO THE LOVESHAW CORPORATION TO RELOCATE TO THE CITY OF TAMARAC LAND SECTION 7, PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. 0 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, the recommendation of the City Manager will contribute to the economic welfare of the City by resulting in the relocation of the Loveshaw Corporation to currently undeveloped land in the City of Tamarac; and WHEREAS, the relocation of the Loveshaw Corporation will encourage the economic vitalization of Tamarac by providing employment for 63 employees with an annual payroll exceeding $600,000; and WHEREAS, the Loveshaw Corporation will stimulate the City's economy by contributing to the utilization of local housing and commercial establishments; and 40 February 15, 1995 Temp. Reso. #6989 2 Revision No. 1 - February 17, 1995 WHEREAS, utilization of local housing and commercial establishments will result in additional property tax revenue to the City; and WHEREAS, the relocation of the Loveshaw Corporation to Tamarac will stimulate additional economic development in Tamarac which will ultimately result in increased property taxes to the City from Land Section 7; and WHEREAS, the City of Tamarac will realize revenue from real property improvements which would not have been made but for the relocation of the Loveshaw Corporation to the City of Tamarac; and WHEREAS16 , the Mayor and City Commission of the City of Tamarac have long recognized the importance of Land Section 7 to the economic vitality of the City; and WHEREAS, in Fiscal Year 1994, the Mayor and the Commission reaffirmed its keen interest in Land Section 7 by pledging to construct 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 representatives of the Loveshaw Corporation which plans to build a 35,000 square foot facility, to determine if the City would assist in the company's desire to relocate to the City of Tamarac; and WHEREAS, the City Manager met with Loveshaw officials and others, including a representative of the Broward County Economic Development Council, to determine the 0 specifics of the proposed relocation; and February 15, 1995 Temp. Reso. #6989 3 Revision No. 1 - February 17, 1995 WHEREAS, after meetings and discussions, the City Manager concluded that it would be in the City's best interest to join the competition for Loveshaw, and it is the City Manager's recommendation that the City Commission authorize a waiver of certain review and permit fees in an amount not to exceed $25,000; and WHEREAS, the recommendation is based on several facts/assumptions, including 1) that the annual payroll for Loveshaw will exceed $600,000, thereby benefiting and stimulating businesses and service providers in the City, 2) that this project will stimulate additional economic development in Land Section 7, as well as enhance the image of the City; and 0 i WHEREAS, the City Commission of the City of Tamarac, Florida deems t to be in the best interests of the citizens and residents of the City of Tamarac to approve the City Manager recommendation; and NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed as being true and correct and is hereby made a specific part of this Resolution. SECTION 2: That the City Manager is authorized to waive various review and permit fees in an amount not to exceed $25,000 for the Loveshaw Corporation. SECTION I All resolutions or parts of resolutions in conflict herewith are 0 hereby repealed to the extent of such conflict. February 15, 1995 Temp. Reso. #6989 4 Revision No. 1 - February 17, 1995 C� SET 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. SECTIQN L. This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this • ATTEST: �f CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this ORDINANCE as to form. 11TCHELL §VKRAFT CITY ATTORNEY (c:\wpdata\res\. rmc/loveshaw) 0 day of F5� , 1995. RECORD OF COMIN MAYOR ABRAMOWITZ DIST. 1: V / M KATZ DIST. 2: COMM. MISHKIN DIST. 3: COMM. SCHREIBER DIST. 4:. COMM. MACHEK ► 911�