Osceola County |
Code of Ordinances |
Chapter 13. LICENSES, TAXATION AND MISCELLANEOUS BUSINESS REGULATIONS |
Article XII. AD VALOREM TAXATION—EXEMPTIONS |
§ 13-262. Legislative findings.
It is hereby ascertained, determined and declared that:
(a)
Article VII, Section 3, of the Constitution of the State of Florida and F.S. § 196.1995, empowers the county to grant exemptions after the electors of the county, voting on the question in a referendum, authorize such exemptions. In a referendum held on November 2, 2010, the county's voters authorized the board to grant exemptions.
(b)
It is the intent of the board in enacting this authorizing ordinance to provide an incentive to a new business or expansion of an existing business which makes a positive contribution to the economy of the county in terms of new jobs and improvements to real and personal property.
(c)
The intent of the board is to promote the economy by creating jobs in the county in such a way so as not to disadvantage existing businesses while recognizing that productive competition assists in economic growth.
(d)
The board desires to provide incentives to businesses of diverse industries having a positive impact on the economy of the county. The board declares that the provision of exemptions pursuant to this authorizing ordinance serves the public purpose of fostering economic growth in the county, all to the benefit of the county's residents and business owners.
(e)
Based on F.S. § 196.1995, this authorizing ordinance shall expire on November 2, 2020, ten (10) years after the date such authority to grant exemptions was approved by the electors of the county.
(Ord. No. 11-05, § 2, 7-18-11)