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HomeMy WebLinkAboutCity of Tamarac Resolution R-95-039I February 15, 1995 Temp. Reso. #6989 1 Revision No. 1 - February 17, 1995 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-95-� 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. 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 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 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, 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 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 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 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. �iEQTION 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 3: All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. 1 1 February 15, 1995 Temp. Reso. #6989 4 Revision No. 1 - February 17, 1995 SECTION 4: 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 5: This Resolution shall become effective immediately upon its passage and adoption. PASSED, ADOPTED AND APPROVED this ;?,;L ATTEST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this Pqf,DINANCE as to form. (.MITCHELL KRAFT CITY ATTORNEY (c:\wpdata\res\. rmc/loveshaw) day of /fig, y , 1995. i A A A • LTA A * r RECORD OF COMMI SION VOTE MAYOR ABRAMOWITZ Ajo4 _ DIST. 1: V / M KATZ DIST. 2: COMM. MISHKIN DIST. 3: COMM. SCHREIBER DIST. 4: COMM. MACHEK .