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HomeMy WebLinkAboutCity of Tamarac Resolution R-94-230I Temp. Reso. #6883 CITY OF TAMARAC, FLORIDA RESOLUTION NO. R-94- AW- A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA; AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO APPROVE A GRANT OF $100,000 TO DEFRAY MOVING AND RELOCATION EXPENSES, AND THE WAIVER OF REVIEW AND PERMIT FEES NOT TO EXCEED $ 50,000 TO ITW MIMA TO RELOCATE TO THE CITY OF TAMARAC LAND SECTION 7, PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EEFECTIVE 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 recommendation of the City Manager will contribute to the economic welfare of the City by resulting in the relocation of ITW MIMA to currently undeveloped land in the City of Tamarac; and WHEREAS, the relocation of ITW MIMA will encourage the economic vitalization of Tamarac by providing employment for 160 employees with an annual payroll exceeding $3,000,000; and 2 Temp. Reso. #6883 WHEREAS, ITW MIMA 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 WHEREAS, the relocation of ITW MIMA 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 ITW MIMA 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 City 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 ITW MIMA, a Fortune 200 Company which plans to build a 90,000 square foot facility, to determine if the City would assist in the company's desire to relocate to the City of Tamarac; and 3 Temp. Reso. #6883 WHEREAS, the City Manager met with ITW MIMA officials and others, including a representative of the Broward County Economic Development Council, to determine the specifics of the proposed relocation; and WHEREAS, after meetings and discussions, the City Manager concluded that it would be in the City's interest to join the competition for ITW MIMA, and it is the City Manager's recommendation that the City Commission authorize a grant of $100,000, to be paid upon the issuance of the Certificate of Occupancy, to ITW MIMA to assist them in defraying moving and other relocation expenses and in addition he recommends that certain review and permit fees be waived in an amount not to exceed $50,000 and WHEREAS, the recommendation is based on several facts/assumptions, including 1) that the annual payroll for ITW MIMA will exceed $3,000,000, 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's recommendation. 1 4 Temp. Reso. #6883 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 ,, That upon the issuance of a City Certificate of Occupancy on the building for ITW MIMA, the City Manager is authorized to forward a check for $100,000 to ITW MIMA to defray moving expenses and other costs of moving to the City of Tamarac which is to be funded from Contingency. SECTION 3: That the City Manager is authorized to waive various review and permit fees in an amount not to exceed $50,000. 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. SECIION • This Resolution shall become effective immediately upon its passage and adoption. 1-1 L.J 1 61 Temp. Reso. #6883 PASSED, ADOPTED AND APPROVED this T''' day of Navew)bx l 994. ATTEST: CAROL A. EVANS CITY CLERK I HEREBY CERTIFY that I have approved this RESOLUTION as to form. MITCHELL S. KRA CITY ATTORNEY ITW MIMA/dn PECORD OF COMNMISSION VOTE MAYOR ABRAMOWITZ ",Q DIST. 1: V / M KATZ DIST. 2: COMM. MISHKIN DIST. 3: COMM. SCHREIBER ",P DIST. 4: CpI+ M, MACHEK