Loading...
The URL can be used to link to this page
Your browser does not support the video tag.
Home
My WebLink
About
2010 07 12 Informational 101 Land Design Innovations Inc. (City Consultant) Summary Report For Economic Development
COMMISSION AGENDA Consent I TEM 101 Informational X Public Hearing Regular July 12, 2010 MGR.f' ( /DEPT. 1/ Regular Meeting / Authorization/ REQUEST: Land Design Innovations, Inc. (City consultant) is presenting the Summary Report for Economic Development activities from May 17, 2010 through June 18, 2010. SYNOPSIS: As part of their contractual economic development efforts for the City, Land Design Innovations (LDI) makes monthly reports to the City Commission summarizing and detailing their efforts on behalf of the City relative to economic development. CONSIDERATIONS: LDI has summarized their efforts relative to their economic development efforts in the following areas: • Potential New Businesses • The Development Review Process Workshop • The Town Center • The City's opportunity sites • Seminole Way • Chamber of Commerce activities • Branding/brochure efforts for the City's Economic Development Program • W -Team real estate professional for non - residential properties • Meeting summaries • Upcoming Activities • Other specific areas /projects aimed at economic development FISCAL IMPACT: There is no fiscal impact associated with this agenda item. COMMUNICATION EFFORTS: No communication efforts beyond the advertising of the Commission agenda are necessary in conjunction with this agenda item. RECOMMENDATIONS: The City Commission is being asked to review and accept the information in this agenda item. ATTACHMENTS: "A" — LDI Economic Development Program — Summary Report ATTACHMENT . A ilia LAND DESIGN INNOVATIONS 11 m" 1770 Fennell Street. Suite 200 Maitland. Florida 32751 Phone: q07-975-1273 Fax: g07- 975 -1278 www.landbizcom Memorandum To: Kevin Smith, City Manager n c life Front Tracy Crowe, President JUN 2 2010 CC: Randy Stevenson, Community Development Director crn, pzs John Jones, Senior Planner Date June 21, 2010 Re: Winter Springs Economic Development Program — Summary Report The following bold activities occurred between May 17 - June 18 of the Economic Development project 1. Potential New Businesses Sent a request to four major realtors in the City and Realvest to assist in locating a site in Winter Springs. Sent requests to the EDC to use their Costar database for potential sites. Meet with the potential tenant twice to gather details on their five year growth plan from 8 employees to 32 employees. Contacted County to determine what current incentives may be available, began recommendations for City incentives. Contacted the Town Center Property Manager to provide an overview of the tenants future needs prior to their walk through. Followed up with tenant after meeting and provided additional sites. John Jones prepared a list of questions for an evaluation of the potential for incentives for a potential new tenant in the Inwood building with Mr. Partyka and Mr. Stevenson. Tracy Crowe met with a potential new tenant for the Lifeway Building near the town center. Reveiwed the new companies proposed business plan, established date for follow -up meeting. LDI helped draft a Jobs Growth Incentive package for a healthcare services company creating eight (8) new jobs and submitted to the County. John Jones had a meeting with the Metro Orlando EDC to discuss leads that they are trying to locate in Winter Springs. Mr. Jones has followed up with the EDC regarding how we can offer assistance providing information about attracting these leads. IDI is currently evaluating available office space for the possible relocation of a financial services company, which will relocate potentially 30 jobs. LDI is also evaluating potential facilities for relocating /expanding industrial site users. GAProjecta\01101028.34 Winder Springs EDVldmin\Progress Reports \WS ED ProgRpt June 18.doc Memorandum to Mr. Smith June 18, 2010 Page 2 We are also in discussions with a media type company for opening a branch office in Winter Springs. Mr. Jones is continuing to negotiate potential incentive packages with their CFO. SOARing Plaza Activities LDI has been providing on -going one -on -one meetings and briefings with Ms. Heidi Goff of SOARing Plaza. LDI has assisted Ms. Goff through her information gathering and capital funding and grant funding search and we stand ready to assist her project at the permitting and development stages. We are continuing to provide on going referrals and notification of appropriate training, counseling and funding opportunities as they become known. The following events catalogue the coordination with Soaring Plaza. 3/17 J. Jones meeting with Heidi Goff, CEO SOARing Plaza project. Introduced to project. 3/17 Referred Ms. Goff to Wayne Hardy (Seminole State College, SBDC) to review Business Plan 3/18 -4/14 Prepared Seminole JGI Application for SOARing Plaza review 4/15 Revised JGI Application as per SOARing comments 4/16 Submitted JGI Application for Seminole County Jobs Growth Incentive Fund program 4/19 Met with Seminole County staff to discuss JGI Application and funding options. SOARing Plaza application for JGI grant funds not recommended for consideration by County Staff because it is not a targeted industry, corporate headquarters or locating in targeted area. 4/26 Instructed by WS Mayor Bush to meet with Ms. Goff. 4/29 Met with WS City Manager, K. Smith and Ms. Heidi Goff (SOARing Plaza) to discuss alternate funding opportunities and how the City can assist her business venture 4/30 Reintroduced Ms. Goff to Mr. Goetz (Seminole State College, SBDC) to pursue alternate funding opportunities and business counseling 4/30 Referred Ms. Goff to GrowFL program at UCF 4/30 Received confirmation from Mr. Goetz that he and Ms. Goff are working together 5/11 Referred Ms. Goff to upcoming small business funding seminar Incentives Mr. John Jones presented to the City Commission on June 14, 2010 regarding potential incentive programs that the City could utilize to recruit businesses to relocate to the City. Mr. Jones has been coordinating with Mr. John Metsopoulos and Mr. Mike McCarthy Fifth /Third Bank regarding the establishment of a potential micro-loan GAProjscls101‘01028.34 Wider Springs ED■AdrrePropress ReporlslWS ED ProgRp June 18.doc Memorandum to Mr. Smith June 18, 2010 Page 3 program that the 17/92 CRA would administer. A presentation will be given to the CRA Advisory Board on the proposed micro -loan program in September. 2. Development Review Process Improvement Workshop A workshop was conducted which included all key development review staff. The workshop was well attended and participants were candid in their response to the facilitators. A draft of the summary and recommendations is in process. In conjunction with the workshop held at the City, LDI also conducted a development community panel. The panel consisted of a representative cross - section of designers, engineers and contractors /builders who have been through the City's development review and permitting process. A draft report will be submitted summarizing the results to the City Manager. A draft report has been submitted to the City. 3. Town Center A follow -up meeting is scheduled with a Town Center property manager on March 16 A list of potential items that the City could implement to assist the existing tenants is being developed by LDI for presentation to the Council. Included in the list of potential ways to attract more users of the Town Center was a signage program. LDI is analyzing the SR 434 corridor and the Tuskawilla Rd for additional directional and wayfinding signage. Also, included in this analysis is a review of suitability of gateway features at select locations. Held conference call with Town Center Phase II broker, Jim Mitchell, two potential tenants are currently feasible, he can meet by the end of March (too busy right now). LDI met with Mr. Stevenson to make recommendations for both civic and Town Center identity signage. LDI is developing the final wayfinding concepts. Wayfinding concepts and cost estimates for short and long term timeframes have been submitted to the City Staff for their review. Three meetings were held with staff to discuss the wayfinding concepts. Additional Commissioner briefings are planned. Mr. Jones is continuing to coordinate with Mr. Gregory (with Transwestern Company) to help relocate a potential tenant to the Town Center. 4. Opportunity Sites Six major development sites have been analyzed based upon prior input from staff and knowledge of the City to be the hot spot target sites for the brochure. Of the six development areas analyzed, four targeted areas have been determined. The following has been done for the sites to date: • Review of the comprehensive plan related to each site. • A review of the SEED program and incentives. • Discussions regarding City incentives with City staff. • Discussions with SeminoleWAY representatives regarding a Unified Land Development Code for the SeminoleWAY corridor. • Research all of the parcels in each of the locations on the property appraiser's website for ownership, land use, zoning and acreage. • G:\Projacts&01101028.34 Winter Springs EDWdmin\Pogress Reports\WS_ED ProgRpLJune 18.doc Memorandum to Mr. Smith June 18, 2010 Page 4 • Research the City's regulations for overlays and special restrictions in those locations. • Located vacant office buildings • Added vacant office buildings and realtor information to Opportunity Sites 5. Private Business Association of Seminole County (PBAS) LDI attended the monthly luncheon with the business organization. Continuing to attend monthly PBAS meetings and announce that we are there on the City's behalf. 6. Chamber of Commerce LDI was provided an opportunity by Cynthia Sucher to present at the February Oviedo Winter Springs Chamber luncheon with Mr. Spaeth about what opportunities there are in both cities along the "University Corridor" that combines SeminoleWay and InnovationWay. LDI also presented about both cities at the Oviedo Rotary. LDI attended the public hearing to renew the Trustee membership and thanked the Chamber for their assistance. The Chamber is providing LDI a list of realtors for non - residential properties. Continuing to attend monthly chamber luncheons and events on behalf of the City, and request coordination regarding the University Corridor. 7. SeminoleWay Ms. Crowe attended the Oviedo Council hearing that Mayor Bush spoke as to request a joint meeting to discuss SeminoleWay. Ms. Crowe left a message for Alison Stettner regarding her new appointment as Project Manager for SeminoleWay and is establishing a meeting date. A meeting with Alison Stettner was attended by John Jones and Chris Dougherty. The SeminoleWAY project was the topic of discussion. The County has suggested to the cities involved with SeminoleWAY an expedited review process for properties within the SeminoleWAY, which the County has already adopted. A status meeting with the City Commission was suggested to bring all parties up to speed. Prepared background analysis comparing the cities to the County. An update of the SeminoleWAY progress and next steps will be discussed during the June 30 joint meeting. 8. UCF Business Incubator LDI is attempting to schedule a follow -up meeting between Tracy Crowe and Ms. Esther Vargas - Davis, the Site Manager for the Winter Springs UCF Incubator. Tracy Crowe and Ms. Vargas -Davis met on April 5, 2010 to discuss the City's commitment to retaining local businesses and to continue the partnership with the Incubator. Ms. Crowe met with the City Manager and Randy Stevenson to let them know that the Incubator would like an official exhibit in the lobby of City Hall to attract "start-up business entrepreneurs" to locate in the incubator in the City, and that the incubator, as well as the chamber needs signage in the City. Ms. Crowe held a second meeting with Ms. Vargas - Davis. LDI is coordinating with the incubator to retain local business and offering relocation assistance as needed. G:1Prciecls$01\01028.34 WnterSprkps EDWdminWropess ReportswS ED ProgRpt,June 18.doc Memorandum to Mr. Smith June 18, 2010 Page 5 9. OBN (Women Business Network) Followed -up with six businesses requested to learn about ED services and /or how to get involved. Scheduled and met with Suntrust Bank representative on March 9 about being on the W -Team and learnt about the services they can offer to small businesses. Spoke with the Oviedo Winter Springs Life magazine about incorporating future press releases. More businesses still need follow -up this month. Continuing to attend the monthly OBN meetings on behalf of the City, recognition has been strongly established. Will display the new brochure at the OBN luncheon as soon as it is approved. 10. Branding /Brochure Alternate brands and slogans for the economic initiatives of the City have been presented to the City Manager. Finalization of the brand and slogan is pending City Manager approval. LDI is developing the narrative for the opportunity sites and incentives available to development for the brochure. The City Manager selected the final branding concepts for approval. The brochure has been completed and two options have been presented to Mr. Stevenson and Mr. Smith. 11. Jetta Point Analysis Per request of the City, a quick economic impact analysis was completed for Jetta Point. A PowerPoint presentation has been developed regarding Jetta Point to brief the Commission at the next regular meeting. Mr. Jones presented to the City Commission on the Jetta Point analysis on April 26 12. Business Retention Surveys The survey deadline was March 5` Approximately 1,350 surveys were sent via mail to all businesses within the City. To date, a great response rate of approximately 108 surveys were received through mail and the City's website. Information received through the surveys is currently being tallied by LDI staff. A PowerPoint presentation has been developed regarding the business survey results to brief the commission at the next regular meeting. An additional presentation in being drafted which discusses a comparison of incentives other municipalities offer to expanding and relocated businesses. This presentation will brief the commission on the different incentive concepts currently in use by other cities during the May 10 public hearing. Mr. Jones presented to the City Commission on the Business Retention Survey analysis on April 26 A write up of the business survey was in the June 10 edition of the Seminole Chronicle. 13. W -Team Contacted Laura -Leigh Wood with Exit Real Estate and she would be interested in being on the team. Had lunch with Laura -Leigh Woods and Eddie Bauer has agreed to be on the W- Team representing Exit Real Estate for non - residential properties. Contacted Brenda Herron at Watson Realty and introduced the W -Team (she only does residential and had no referrals, not a prospect any longer). Took Elizabeth Gifford with Coldwell Banker off the list, because she is also all- Residential. Contacted Kim Coburn with Re /Max, she only does residential properties. Ms. Coburn referred us to Cliff Collins in the Winter Springs office G:\Projects101101026.34 Winter Springs EDWdmIn\Progress ReportslWS ED ProgRpUune 16.doc Memorandum to Mr. Smith June 18, 2010 Page 6 (also discovered he used to be on Oviedo LPA), and he would be glad to join the team (forwarded him the parameters of the tenants needs that I am trying to locate in the cities). 14. Guide Map LDI met with both cities and recommended that a Guide Map be developed for the area similar to the one developed for Baldwin Park and surrounding area that identifies the location of shops, restaurants and recreation in the two cities. LDI will show the Chamber the map that needs to be developed, but it is recommended that it not only highlight chamber members, but the community icons as a whole. Therefore, the cities may need to participate. A meeting with Ms. Sucher has been scheduled for May 21" and a meeting with Mr. Stevenson on May 19 15. Press Relations Mr. Jones has corresponded with Mr. Gary Roberts of the Seminole Chronicle to explain the business survey results. A write up of the business survey was in the June 10 edition of the Seminole Chronicle. Meetings May 20 — Seminole County Economic Summit May 21 — Mayor Summit 2010 May 21— Meeting with Cynthia Sucher June 3 — Seminole County Regional Chamber Awards Breakfast June 10 — Meeting with Mike McCarthy, Fifth /Third Bank June 14 — Winter Springs Commission Meeting June 18 — UCF Economic Impact Breakfast 16. Upcoming Activities in May and June • June 21, 2010 meeting with City Manager • June 28, 2010 City Commission meeting • Oviedo- Winter Springs Joint Meeting June 30, 2010 • Schedule meeting with City's attorney to discuss annexation strategy • John Jones presenting to 17 -92 CRA Advisory Board regarding the potential development of a micro -loan program in September • Follow up with incubator tenants G:1Projecta101101028.34 Winter Spires ED1AdminiProposes RepmtsWS ED ProgRp June 18.doc Date: July 12, 2010 The attached documents were distributed to the City Commission and also shown by Mr. John Jones during the discussion of Informational Agenda Item "101" towards the END of the July 12, 2010 City Commission Regular Meeting. A CONTENTS Spring 2010 CREDITS City of Winter R Ro ad 43 434, ri 1126 East 0 0 1 1 1 t State ad Winter Springs, FL 32708 OPPORTUNITY S ITE S (407) 327 -1800 A Message from Opportunity Site One: City Manager Mayor Bush GreeneWay Interchange Kevin Smith (407) 327 -5957 District ,... qt x y - - ._ w , Community Development Department on � two '5,1 1 -three . - Randy Stevenson, Director ( g (407) 327 -5970 02 15 -�f; r C , . A , -r��C Information Services - Joanne Dalka, Deector Opportunity Site Two: 1 - (407) 327 -5975 Top 10 Reasons to i ' ` ` C � ' Locate Your Business in The To Center District Jam" Economic Development Consultant Tracy L Crowe,AICP, Principal Planner Winter Springs! 0 `:. ! a< - Land Design Innovations, Inc _. ° � (407) 975 -1273 19 - . Layout & Design: 0 Land Design Innovations, Inc J{ 1770 Fennell Street, Suite 200 M79,5 -32751 Opportunity Site Three: (40) 975 1273 Our Village Walk GREENEWAY THE TOWN CENTER VILLAGE WALK U.S. 17 -92 CRA (407) Ab O City: Y� INTERCHANGE DISTRICT DISTRICT - - - History & Lifestyle Cover Winter Springs Town Center SeminoleWAY - A modern mixed -use area Greenfield develo A business corridor with O The High Technology and providing opportunities for opportunities for commercial, 9 opportunities Education Corridor retail, office, and professional retail and light industrial funding for business growth and SECONOM,.. 0 spaces located in the center development supported by enhancement of public WC -% Opportunity Site Four: of Winter Springs established neighborhoods spaces ....+++a Winter Springs U.S. 17 -92 CRA Demographics: - An Affluent City On the Rise 27 Business Incentives: Winter Springs Business is one of several Available Programs & Services publications of the City of Winter Springs Community Development Department. Winter Springs Additional copies or information may be obtained from the City of Winter Springs, 1126 Targeted Industries 2 East S.R.434, Winter Springs, FL 32708, c/o and Opportunity Sites Randy Stevenson, Community Development Director (407) 327 -5970, rstevenson@ winterspringsfLcom. 0 All rights reserved, 2010. Contacts . --•. .. II t r aft Our Mission: °;, ,` ' o . . ,,' ti A1`r "To provide an efficient delivery of public services '. z - e ° -- I rtd^ ty through innovation and excellence and promote ' I- (—Er— 't ° quality of life by working cooperatively with all of ; I -�0=', x -y ,; - I i ' _ 4 — our customers to protect health and safety, improve i i `� '`'v ;'.:='-=, t, { . _. _ 1 tt "'PPPccc iii■ economic vitality, and enhance neighborhood livability 1 • - . -- a ag l { - throughout the City" r 7 -, . - - xryv` ,. „ m ff4,41110 l i'1 4 -'a . 't: 5' l• 3444. '1 - ."'"' .4:-. 0011/"''' - -;. . '... , . ... y s WH — :, . Top 10 Reasons to Locate Your i \ i.7 � Business in Winter Springs! , 00. -,,, ,x0 O v i e d o - Wi nter S pr i ngs 5 , Th e G ty o Winter Springs and i s � �.« Chamber of Commerce the adjacent City of Oviedo have fir! -1 „, �. established strong commitments 1 known as - Twin Citiei to provide ..'. �,� 1lr17at� www.oviedowintersprings.org regional assets to their business O sa community. The Twin Cites approach has been strengthened by the Oviedo - Winter Springs O Winter Springs location on l0 Outstanding public schools "A- rated" by Chamber Commerce it respective Live b buusiness retention ntion SeminoleWAY, Central Florida's newest the Florida Department of Education, A Message from and economic deselopment high technology corridor with access to and all high schools ranked by programs. The cities are fortunate serve to be served byesmall-business the State, Nation and World Newsweek Magazine in the top 5% of Mayor John Bush incubate, that is located along seminoleway and operated by the nation UCF. Serra The ay Cities have shared- Easy access and proximity to the response public safety services, commitments to prudent University of Central Florida (UCF), O Award - winning Parks and Recreation management of natural resources and are physically connected via the nation's 3rd largest university Facilities with access to an expansive The Winter Springs City Commission thanks you for your roadways and a series of natural and home to the Center for Research regional trail system recognized as a interest in our City! A vibrant, young community with a rich trails.The Twin Cities complement each other's particular attributes Optics and Lasers (CREOL), the National Florida Trail Gateway Community history, Winter Springs is one of Florida's premier destinations. making this pan of central p y The City offers a top -tier educational system and excellent quality Florida truly unique! Simulation Center (NSC), the Institute of life, and was recently chosen as one of the "Best Places to Live" for Simulation and Training (1ST) and Q Outstanding Natural Resources and by CNN Money Magazine and the Orlando Sentinel. Situated on Central Florida's newest technology corridor, SeminoleWay, our the College of Film and Digital Media Features! pro- business community's growth will be fueled by technology 44 industry clusters and collaborative relationships with educational ,, • Greenfield Opportunity Sites and 1n -fill Q Winter Springs Town Center, urban and research leaders.The continued development of our Town Opportunities with Incentive Programs amenities, and something for all ages! Center will provide increased entertainment, retail and cultural activities right at the heart of our City. The City Commission has established strategic objectives 0 Pro Business Community! Outstanding Community Events to enable our City to become an economic engine for Seminole t Identified as a "Best Place to Live” b i throughout the year, such as the County while maintaining the services and public amenities I dfi "" Highland Games, Winter enjoyed by our residents, businesses, and visitors. This brochure © by Scottish HI 9 highlights our City's history, relaxing quality of life, business CNN Money Magazine and the Orlando Springs Festival of the Arts and Master community, targeted opportunity sites, facilities and business +$ Sentinel Gardener Garden Walk assistance programs. Take a look at what the City of Winter Springs , has to offer and you'll see why it's one of the best places to live, work and raise a family. Welcome to my City, Winter Springs! • 1 www.wintenpringsfl.org /ed Spring 2010 Winter Springs BUSINESS - - www.winters rin stlsr /ed 5 rin 2010 WinterSpring s BUSINESS 2 DRAFT DRAFT p g g p g '!" i ,• Florida region as a whole contributed to Florida's roadway network, with easy Carrington Woods, Chelsea Woods, , gs "— the City's steady development. In 1968 access to U.S. 17 -92 —the commercial Chestnut Estates, Country Club Village, .•• ` ^ •; \ `•` • r^ * nearby Florida Technological University corridor for Seminole County—and Fairway Oaks, Glen Eagle, the Reserve opened, and has grown to become State Road 417 (Seminole Expressway/ at Tuskawilla,Tuska Oaks and Winding .,,4 the nation's third largest university, Central Florida GreeneWay), which Hollow. The magnificent Tuskawilla k , y the University of Central Florida (UCF). links the City to Interstate 95, the Country Club Golf Course meanders . 1 F •„' � � ` - - The continued development of UCF, Florida Turnpike and the southern through several subdivisions offering its adjacent Research Park, and the United States. State Road 417, also golf -front property views and lifestyles. !` g rowth and development of Central known as SeminoleWAY, is one of the ° Florida's aerospace and defense newest'technology- corridors' in the Recreational Facilities and Programs G _ industries has fueled consistent, steady state. SeminoleWAY connects the City j development of high quality, suburban of Winter Springs to the computer The City of Winter Springs is known , .„, ,,,,, . ^ y; style residential neighborhoods from simulation, digital media and photonics for its top-quality parks and recreational �� the 1970s to date making Winter industry sectors located at the nearby facilities and programs. The City has si Springs one of Central Florida's premier University of Central Florida, the developed nine park sites on over ... r destinations. medical technology and bio- technology 125 acres for public use, including In 197 2, the City acommunity ' s c and neighborhood p arks y changed its name industry sectors located at Lake Nona's r r " ab to Winter Springs. By land area, it is now Medical Center, and the aerospace passive parks and a community therapy the largest city in Seminole County. The technologies industry sector located at pool. In addition to great natural Winter Springs Town Center, designed the Kennedy Space Center. amenities and facilities, the City makes V • _. to replicate the feel of "old town" exceptional recreation programming �c —••, Florida in the geographic heart of the Quality and Diversity of Housing available to its residents. Programs ,e .+ f v` ' " city, opened in 2002. This mixed -use range from youth sports leagues and ,,: lft'a 3 s: development provides an urban center The most often cited benefit by summer camps to adult softball, flag � a a : for the City with a new 54,000 SF Publix new City residents is the quality and football, dance and fitness classes. !t store and 61,000 SF of specialty retail diversity of the City's neighborhoods. Also, the Winter Springs Senior Center � , w •,: ,+ - • shops and office space. Winter Springs Winter Springs boasts a significant provides programs for the young w „ '?' }�% � ' . ; - " . f . :" ; is now home to over 34,621 people and inventory of both established and at heart such as tai -chi, bridge, line - .•005•- -, j I is poised to remain one of the state's new residential neighborhoods that dancing, yoga and monthly field trips to ♦ most livable'small towns' provide a range of housing options. local attractions and events. --- Several of Central Florida's most Sporting tournaments regularly Sources fo•VAnter Springs Ninary Flashbacks The Story o residential addresses are host their local, regional, and statewide ,I 4• . � 1 i. ,�t Central w,vr Pa byF Robson&Mark Andrews, 1995, The prestigious 9 �- S _ aany County m a n The Orlando snlmd found in the neighborhoods near championships in Seminole County. The Welter w;l by stave Ra;tar, 1999. the sylvan Tuskawilla Country Club, NCAA chose Seminole County to hold including neighborhoods such as its first "green "tennis tournament in ; QUALITY OF LIFE About Our City grants and returned the property to Moses Levy, Winter Springs is a sought after , "........ t both Gee Hammock and Gee Creek still bear Henry location for young professionals and i Gee's name. their families. Exceptional "A-rated" ...Future a9 Lake Jesup, named for General Thomas S. schools, nationally recognized parks , - Faa,+o vlk I d e to., n Ni. u ® w I ` Jessup, a prominent figure in the Seminole Wars, and trail system, low crime rates, and • sr OUR HISTORY and the nearby town of Clifton Springs were beautifully landscaped streets make the * al ®'• .- w as far south as steamboats could travel. In the Winter Springs area a prime location to °na m ` A° Avawa ames The history of Winter Springs is inextricably frontier -like atmosphere of the 1800s, wagons raise a family. sn.n oekda linked with Florida's own history of changing hauled people and goods south to the cities of ownership. Florida was a Spanish colony from Orlando and Maitland, or transported products Location and Transportation '� R.,k' 1513 to 1763, under a British possession from 1763 and passengers north across Lakes Jesup and Mun a,,, to 1783, returned to Spanish control in 1783, and Monroe and up the St. Johns River. Brisk business Conveniently located less than 30 y , - ` finally acquired by the United States in 1821. All along the wharves encouraged the establishment minutes to the beaches of Florida and Illpip ORLANDO of what is now Winter Springs was once owned of industry— Antonio Solary built the wharf in World Class theme park attractions, , by a merchant from New York, Moses Levy, who 1872 that bears his name. Lumber and logging Winter Springs also offers businesses Winter Springs is centrally located .aboi. '•. trans secured thousands of acres in land grants from the ventures, sawmills, and turpentine stills were built easy access to domestic and global from the major i transportation hubs of q g Spanish government prior to the U.S. acquisition in the area. Cattle also became one of the frontier markets via two international airports Port Canaveral, Orlando, Jacksonville, Walt Disney a World of the State in 1821. Wealthy landowner Henry industries. Orange groves were planted, and and the deepwater Port Canaveral— Tampa, and Miami. Gee and his son persuaded the territorial governor railroads were extended to serve them. making it easy for you or your business I Ram . of Florida to give them part of the Moses Levy This area was originally incorporated as North to 'get there from here Winter Springs land grants along Lake Jesup. Although in 1852 Orlando in 1959, when it boasted no more than is located just 10 miles north of Orlando R ... along Jesup. the courts upheld the validity of the Spanish land 600 residents. However, the growth of the Central in south - central Seminole County. The R R City enjoys a prime location on Central - 3 www.wintenpringsfl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www•winterspringsfl.org /ed Spring2010 Winter Springs BUSINESS 4 - ;S' ;y or the nation, and the Babe Ruth Baseball Higher Education A.S.), specialized career certificates, regional festival continues to increase, League held all their local, regional and continuing professional education, with over 20,000 attendees at the 2009 I i 0 '+ state games in the county attracting Winter Springs is less than 13 and an array of culturally stimulating festival. many teams and families to the area. miles from the University of Central events including theatrical and musical j Such sporting events contributed over Florida (UCF), one of the most dynamic performances, planetarium shows, and Central Florida Highland Games I 414 $16 million dollars last year to the local universities in the country. Offering culturally relevant guest speakers. f ^ 6 economy. 225 degree programs, it has become The Scottish - American Society of I From family picnics to ping -pong, an academic and research leader Central Florida holds the Central Florida - _ " baseball to ballroom dancing, you are in numerous fields such as optics, CULTURAL ACTIVITIES Highland Games on the third weekend �. ? _ � never wanting for something to do in modeling and simulation, engineering in January at the City of Winter Springs' Winter Springs —the City offers activities and computer science, business Winter Springs hosts many cultural Central Winds Park. This multi -day event . .' " events throughout the year providing - 4,.„ . , _ , " , ,,._ __ for all ages! For more information administration, education, science, 9 Y P is one the largest highland game events about the City's parks and recreation hospitality management and digital opportunities for families and visitors held in the United States, and has . facilities and programming, please visit media. to enjoy the many public facilities become one of the most well- attended .�. www.winterspringsfl.org, or call the UCF's 1,415 -acre main campus and amenities offered by the City. events in Seminole County, with over Winter Springs Parks and Recreation provides modern facilities with wireless Local artisans and businesses thrive as 25,000 people in attendance in 2010. (s ? Department at (407) 327 -6597. capabilities. More than 53,000 students well, benefitting from the thousands For additional information about the ' " a classes on UCF's main campus of visitors drawn to these highly 9 Y Central Florida Highland Games go to ' = (3 ► 3 ,.. Extensive Trail Network and Natural and its 11 regional campuses located recognized events each year for cities www.flascot.com. j � Resources throughout Central Florida. region -wide. _ -_ x_°i �� The University of Central Florida Hound Ground Dog Park Located on the eastern side of has partnered with the City of Winter Winter Springs Festival of the Arts /� - 1 t= Seminole County near Lake Jesup, the Springs to establish the UCF/Winter In 2010 the City opened a brand • /...,. " ''*••. City of Winter Springs en o s some of Springs Small Business Incubator. One of the City's signature events, new permanent dog ark known as the s " rl b J Y P g P . r Florida's most scenic lakes, streams and Learn more about our small business this free art, wine, and jazz festival Hound Ground. This charming park forests. Birding, fishing and boating incubator on page 11, Opportunity Site attracts residents and visitors to offers fenced in, leash - optional areas are just some of the outdoor activities One: GreeneWay Interchange District. the upscale Winter Springs Town for large and small dogs, water and r that the natural resources preserved in Seminole State College (SSC) Center. Patrons stroll along beautiful shade facilities, and a training area.The • Wi nter Springs l e Recognized of the Florida earby has a caof mOviedo. pus located in of 12 Blum berg fine Boulev artists, a en j rd viewing the work Hound Ground Dog Park is located at e_. as a Florida Trail Gateway , City SSC i oying music and 900 East State Road 434. For additional w ~ the City is connected to the Florida a full- service education provider entertainment by performing artists, information please contact i wo Natural Scenic Trail System via its offering four -year degrees and t- and tasting a variety of foods. The (407) 327 -6597. • Q!ij - - • • - portion along the extensive Cross- year college- credit degrees (A.A. and popularity and attendance at this - Seminole Trail. Additionally, as evidence f i of the City's commitment to its natural L it , j ■ _ environment it continues its 21st ,� ` ,�, AT t , _. year in recognition by the Arbor Day SIf '�� ►� y ^k _ ' _ ; - • I'� Foundation asa"TreeCityUSA' a ! .� 0 - Oft Primary Schools , a a The Seminole County Public School 1( h ' ri, .� m .. System is among the highest rated _ school systems in the nation. Over 80% 40 ' it of all high school graduates go on to I ' rte ' ; . , � ' , t pursue higher education in the form of ( 4 . ,t two or four year degrees or advanced . technical training. The district has spent more than $450 million on renovation ter _ r , ■ e r and construction of new schools in the • • r . ., „ ■ Is past ten years. In the past five years, 0! ■ „ ■ ., er • III .r more than $35 million has been spent FARMERS ■ AU' .. .. n • u rr on technology for the schools and MARKET - - - r' • rr • ° II • II r9 classrooms .WinterSpringsishometo ,. - yam"' ! .r, r. 4 . Every five elementary schools, one middle ver }` ... rr • -- " f V i — Seminole County Public Schools website 6 - ° a�e: -'-- for in -depth information regarding each 1! rr - cone % " k - . t " ` x" 4n Federici .,� -.y r school at wwwscps.kl2.Fl.us or call m iss -sct - v ,`� _ (407) 320-0000. Ms . S www. wintenpring fl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT www.wintenpringsfl.org /ed Spring2010 Winter Spnngs BUSINESS 6 mot , Educational Attainment and the high median income levels. COST OF LIVING I ortrsuagsevw�wwaa Thediversfiedcompositionofthe i – ..... _ _ Winter Springs residents have Winter Springs business community I — higher educational attainment levels represents a significant workforce ' . r too than State and Seminole County resource for relocating or expanding iii L� 1 . � averages. Over 90%of the City's companies. Technically skilled workers residents have high - school diplomas and experienced business professionals ' ` and 38% have bachelors degrees or already call Winter Springs home. • – jj i L j t 50 h ig he r . ocat e O ver 2,700 (12 %) residents have .h attained graddeg rees. level master's and A Olt s • i- v ` G f � r Winter Springs Demograph i ` ' ,,, � ``s" s/`Q,4 Business Community a Sa ic . ■ The City of Winter Springs business community is composed of a wide An Affluent City on the Rise POPULATION BY AGE Median Household Income HOUSING TENURE range of industries. The largest industry a,,,,. ndem oaakrann,Me140,,akwoNMa(a Woo USUmWean 200S200.eonooCawmiq suns sectors comprising the business /' The demographics data for the City Winter Springs residents are Bo% community are, in descending order, of Winter 9 a Springs resents growing some of Central Florida's most 76' (1) Education Health Care Social; (2) presents 9 6% y rs) nus ro r , ' City that is home to young, affluent, affluent. The median household Management; Construction; and Retail Trade; (3) Professional, Scientific, 11 Mt; (4) Constructid (5) well educated, professional families. 13% 22% income for Winter Springs residents a 1 40% Finance, Real Estate, and The The City's housing stock is composed of (60 rrs) 10 17yrs) is $65,035. This amount is higher . higher quality, higher value and newer than the State and County levels of concentration of professional services, homes when compared to Seminole $48,637 and $59,317, respectively. The 20% 24 2s% 30aa health care and financial sectors �° 36% ■ , corresponds with the City's residents , County and the State of Florida as a comparatively high median household whole. 05 m) income level coupled with a relatively %i se kt4e sued high level of educational attainment young population creates ideal Springs aunty Florida . , market conditions for the continued ■ e %OwnGaupied I ' POPULATION GROWTH development of the professional service IN %Renter Gauped IN THOUSANDS and retail trade sectors. Senor 'Yp" """II" EDUCATIONAL ATTAINMENT 40 Population by Age Cost of Living MEDIAN HOME VALUE OF OWNER- . OCCUPIED UNITS IN THOUSANDS WrteinCon n„auaaoct0:4Mona.r.wrm,y 3o Winter Springs is a young, vibrant Despite possessing some of the state of :b% community. The median age for Winter highest valued and newest housing 300 Florida 85% Springs is 40 years old. Over 40% of the stock in Central Florida, the cost of 269,goo living inWinter5 sin sisoneofthe 26a'gao Seminole 52 % 20 City's population is less than 34 years g P 9 2ro ._ 226,300 County 90%' old! 36% of the Ci s ulation is lowest in Seminole County! A low cost �' POP , p - Bachelor Degree between the age of 35 and 59. 19% of of living, comparative housing values or Higher 10 and amenities will ensure that Winter Winter the City's population is over 60 years of loo spring: 92% p %Hi School Graduate age. Springs continues to be Central Florida's 1111111111111111M1■111111M1•(i or Higher destination of choice. o 20% 40 %e 60% 001% 100% 0 c 8 8 ' 'A d� cPb * ° Winter Seminole State of 1 � ° 1 MEDIAN HOUSEHOLD INCOME Housing S tock Springs county Florida IN THOUSANDS INDUSTRY DISTRIBUTION .,a. eawu.a waawa Hm a rt Winter Springs housing stock is one Population Growth of the newest, A griculture and hi quality in ��� 6) $65,035 Florida and the State. Over 70% cn -- - --- Manufacturing "" $65,035 of the City's residential housing stock and the State of Florida at $264,900 and Wholemle Trade ° The City of Winter Springs has ' ss0,317 $226,300, respectively. Retaii Trade – was built after 1980. The value and grown rapidly over the past 25 years. $18637 Transportation, areous Warehousing, Utilities . b quality of the housing stock has been M ore peop own their own home nformarion "'"` From a population of 18,489 in 1985, the • m proving also. In 2000, the estimated (76 %)and fewer people rent (24 %) Finance, Real Estate City's population has almost doubled to . median value for a house or condo was their homes in Winter Springs when Professional, Scientific, Management -'-�" ����� 34,621. This continued, steady growth z0 compared ared to the State of Florida Entertainment, Education, Health Care, Social is a testament to the Ci s hard - earned 5124,500, in 2008 that value had risen to P Arts, Enteainmenment, Rec ec t n re utation as a premier destination. o __ _ ___- 5269,900! The median value of owner- ( 7096 -own and 30% -rent) and Seminole Other, Except PublicAdmi st t n ----* �- stration P p Winter Seminole stated occupied units in the City of Winter County (7196 -own and 29% -rent) *MP (0 Ronda Springs is $269,900 which exceeds the averages. 0 Employed 2 000 3.000 median values of both Seminole County Pre d Po p ulation 16 yrs. aria Over 7 www.winterspringsfl.org /ed Spring2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsllorg /ed Spnng2010 Winter Springs BUSINESS 8 I 1 Winter Springs „ „r a - U.S. 17 -92 Community w IC a i " ; T argeted t 4 1 Redevelopment Agency �iT� • • i \ • Boundary Industries and 1 I Opportunity Sites 1 - t - , ARK The City of Winter Springs has identified to 1 1 1t It / I ,34 four targeted industry groups for 1 •; JtS� f , o � development within the City. Development I ' ' ° Us 3 • 105 East 5ft 434 6.711 one-story o 7.669 Muth-Story of these targeted industry sectors will 1 r � , T -• rovide hi h- a in job opportunities ' Lake Jesup 9 p g p y g j pportunities for I !� • • 1 current and future residents, strengthen 1 1 di the existing business community and + ' ��^ ,� � � l y u o continue the diversification of the Winter l - � '� � • ,L1 e it • `' / `'' Springs local economy. The City's targeted r _ L � / © . industry groups are: 14151.6\ { __ _: , ,� : .. N- I. Financial and Information Services; - Q ' �O , .a to 2. Arts& Digital Media, including • —v d simulation and video game '� � I_ • ••, • r w , „ 'L c �� { l , _ development; ■ l '.. ` « ! 1 = O¢ to 3. Life Sciences, Bio -Tech, and medical ® • CO a � `N = „;u:u I s IL 0 — - -. instruments applications; and ; II.i I 1 ” , �q 1-71c914.4. • � U'' � J g t7 4. Technical and Research Services, ai F � ` I fd D, - "1 4 q - �� i - ' © \ including "Green Bio- Tech " and "Green .J F i • . e—, �e a \ _Building „concepts. w .•;N ?�, �--7�� t Ne: . ..a xu t W' a ' • 2 ' - ,',, , O ,'. >. � u / e�Dwa.. �_ - 4 Additionally, four Opportunity Site areas 7�k \ 3 ill 's 1 0 - 0 '� J '� ',. have been Identified for the targeted T •mrH4 �i��4 � �as�`� • � I ° ��,. ; � � '� ® •l ndustry needs. These premier locations ” �I� l '�, �= €a eV 4 • ' „yi�a� � a` ■ Greenfield development a s 71'.' 116 ��q1� ''"?'":"Al . 0vL �..; 4 ,L ', . : j� �' . /., i , �����itif t "�I ` �.� , * A.0a - , r , L ] IN A te . : )) ...Nx � provide Green _ F' opportunities with quick access to the I region's transportation network, infill � f s � s r �� ��,� 1 1 e � II � •` " � � / �' � Q�i �� ^ �� \ \� '•��': ",.• ` -�� development opportunities, CITY OF C�6 " •; 0:..'I,r'ilkliaL t/ jazz :,�� `" / ti * ` \` <'• ties, and retail � �' • � . � ';' ;�� e � � �, IID �•,•,- /` � CASSELBERRY .f4:27. 'enn.-.-34 n 74 , r4 � =ia� ,,.- ��, _� ;011.7i.;. \ �. and office development opportunities in • �i lt�� �` ► i I / {_= �'` �+"•,�� i i �'�j� \ the growing Town Center area. The four k \ a \ \ \ \� 4 ifi r i l�� l i lIT rt , • ' , On t m �i• --...)„.4=:,..22%. , r ;� , ' i1 i "1�:► tI / / Opportunity Site areas ' . °' i _ ; • �. Iq w - � Pp Y e: oij�i\A O �' wt,t - ^ • o, `lt�-' :?' t o , a• ye � � ~ � � e .m0 • L',:•&,_.. : �. €'�lj• \/ . . ... " 3 sue„ �l � " 1 1! ip �� , ' aT:� AVAILABLE BUILDING FACILITIES I A ���b�\i i 1 4 ���,1 Ili "s 4 t '?'. . rS " T -'•.r, • =i! Nr 4 0 GreeneWay -ro 1 rrn r ,. rq ,; t� ...ar, I NTERCHANGE DISTRICT SA-. ''''' oento ��� a�1 m a/ _i ! :Le r �, ., a �:' n , a wte,sarnysr ncenm 58.434 and sxs0 Multi Srory Offn xon Gregory ;4-,011:04/;:::::71.72 • :gy \ -_ .0 \ T 1 Tuskaw lW Pwtl 231{4 , • , T 2•• N \ 407)35 .M, p . • 3, . ��r.�'I . ■ DISTRICT • t Vu THE TOWN CENTER u 453 003 nnaweAern I I 4 il s , \ . '.Nee •`"��\ e © .. �at as t a�.• 'et ' B Tusbwlla Office Park 1100 Town Plaza Cc 5 ,553 Multi -stay Office 140716474006 1 I� ' /\ L , i ., N isi a �,��r \ \I• Gwi4 Office Center 1511 uv sc439 y O.ce Derd Axel : _ : ,/ ,L ; ' „�',: � 140713666510 �/ \� ■ 3 ♦ e e -- 7 -- e ,. 5. 1. ,� nmatonal PlazaOffice Shannon Herring �,> '�� •4ai � D Ite © VILLAGE WALK 4071716]479 .■ . ■.:i ,... .....,.. , ; +:� �� a = � ' -- .. CITY OF OVIEDO •air olD a � \\Ili► 'b r / ii 4 } � � ► �,tHar i %::�i: a E west End Professional 1135 East 5.R 934 15x37 Nuio-stoy Office Pam Paryka . W. IMO� `� to i a u , x ,• 2 .1 , 1 • eente, 4071875998gert.758 �♦uq.. i...... �``10 �4 �'••� • • � O U.S. 17 92 CRA DISTRICT F 'Concrete,an.e 400West5.R434 2,541 One- Story Ofice 4071977 -9001 % �.� ' G wlayglo Shopping Center 853 East 5.0.434 13.834 Anchored Retail Center Paul Panyka r, X 1 111111 � � 1• � it 1407)8759989 ex 758 �,� H PIncMWenny hoho us1awale ].501 Serwce Station (90713376006 . r /III IIIIIi� .4 . � ` For more information regarding these business opportunities please visit www .winterspringsfl.or ea I Moss Road orate Park xogN nos, Road 5,609 Muir-Story Office Am Gruber .. (40f) 7864001 9 Winter Springs BUSINESS DRAFT DRAT \ J Winter Springs BUSINESS 10 Opportunity Site One: • _____ SeminoleWAY -The High Technology and Education Corridor Greene Way INTERCHANGE DISTRICT__ - -- ---- - '' With ample land available on Central Florida's newest Y — tec corridor, Winter Springs offers excellent `J' - - -- _ opportunities for the development of high technology industries. Situated on the eastern edge of the City, - - ;- F inoleW AY is a strategic economic development inmativ `��- -" '_ - -•ro sed on attracting high value nd businesses to e - - minole County. The State Road j obs a 417 (Central Florida , �� GreeneWay) corridor defines the boundaries of the —__— f l Y I SeminoleWAY district, spanning the length of Seminole County , y .— — a nd connectin to both Oran Coun Wa _ ' ■ _ __ '■ ` ,i i Ji +, The GID opportunity site is comprised of 26 potential 11111111_ ( " sites with over 378 acres. One of the key features of this ' r . ' opportunity site is the ease of assemblage: it offers the largest 1 — III '-- consolidation of vacant developable land within the CiCity under one ownership—over 232 acres. An additional 64 acres j j;, / I of this opportunity site are controlled by a second owner, 1 totaling 296 (7896) of the 378 acres under the control of just two entities. • Development incentives available for the GID include r regulatory incentives that allow a non - residential intensity I from 1.0 FAR up to 2.0 FAR and a maximum residential ` . ' -- ,--' component of up to 25% of a total project. Because the - r p �. GID is also located in one of the City's three Seminole � / j 'flj c J `l1' ' ; i '/ s Economic Enhancement Districts (S.E.E.D.(, developers are J I ' eligible to apply for a range of site .,, fir, please see information on the page 19. For addit opal information development regarding the ^y f 5 t 4) � y "' i; s s ° SeminoleWAY program visit :wwwseminoleway.com. f `� `'' � �� � r Small Business Incubator ]CF- / The Seminole County/Winter Springs location of the UCF t Incubator opened its doors in 2008 to serve high growth , startup firms in Seminole County. Business incubation is a critical element of regional economic development �i / '- e j strategies— studies show that 95% of companies stay in the %irr p = j , Il \ , I i _ " " {I �� community where they are established. Incubator support also greatly reduces the risk of failure: 87 to 91% of companies t v ! t , that graduate from an incubator program are still in business 5 years later. Companies participating in the incubator receive competitive rental rates, business counseling and �.,;, S w ( ., expert advice from professionals, who either volunteer their time or provide their services at reduced rates. This ongoing Winter Springs is home to one of eight University of Central Florida (UCF) Business Incubator g,Lai v. ", ` mentoring has resulted in the incubator program having locations in the greater Orlando area. This incubator is a partnership between UCF, Seminole - a 100% success rate to date. For more information about County, the City of Winter Springs, and the Florida High Tech Corridor Council.This modern n- the Seminole County/Winter Springs Incubator visit www. facility, located in the Vistawilla Office Center building on East S.R. 434 at the 417 on /off O 's. �. incubatorucfedu, or contact Ms. Esther Vargas - Davis, Site ramp, features 10,000 SF of space, and includes flexible office space, a conference /training ; ice -- Manager, UCF Incubator County, (407) 278 - 4881, room, boardroom, mini - conference rooms, a cafe and networking areas, metro - Ethernet evargasd @maitucf edu. • fiber connectivity, a reception area, and office equipment. - 11 www.winterspringsfl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsfl.org /ed Spring 2010 Winter Springs BUSINESS 12 N GreeneWay Interchange District Opportunity Sites Parcel Information GreeneWay Interchange g p • .)h•E SITE PARCEL ACRES TARGET USE ZONING OWNER Di strict Opportunity Sites 1 31203158800000150 3889 GreeneWay Interchange 0.888.Way Interchange Genha Elizabeth M Foundation S 2 31203158800000180 1015 GreeneWay lnlerctange GreeneWay Interchange Casscells Margaret 50 3 052131300001C0000 104 GreeneWay Interchange GreeneWay Interchange Margaret 50 Cancels Trus tee 0 Available Opportunity Sites 4 05213150500000030 1.19 Commercal Planned Unit Development Colonial Bank 1Miaed -lase, Office, 5 05213150500000020 )8) Commercial Planned Unit Development Church Metro Of Chnn Inc Commercial, Industrial, 6 31203156800000110 18.18 GreeneWay Interchange GreeneWay Interchange Casscells Margaret 5°Trustee 7 3120315880000002D 2.36 GreeneWay Interchange GreeneWay Interchange Genius Elizabeth M FOVndation • 8 3120315800000019, 0.03 GreeneWay Interchange GreeneWay Interchange Casscells S Ward 8 Ca sscells � 9 388000001Ni GreeneWay Interchange GreeneWay Interchange CasrN4deda DBCassc4h 10 3120315131300000190 a 43 00000190 z vse Greer eWay Interchange Intervest:one., Orlando q e Lake Jesup d\ 11 31203158800000210 853 GreeneWay Interchange Gwen., MMWrge Cement Margaret 50 D , 12 3120315880000019h 3.32 Conti., al Planned Una Development V.sraw Ina Nada B Owners s, 13 3120315880000018! 938 GreeneWay Interchange GreeneWay Interchange CasueBS Oleda0 9 .1 14 0!213130000200000 8.04 GreeneWay Interchange GreeneWay Interchange Expressway Professional Plaza r(� 15 3120315880000019F 302 Commercial panned Unit Development Mstaw.B. Office Center LLC 16 31203158800000030 8964 GreeneWay Interchange GreeneWay Interchange CasscellsS Ward If Et -AI V 11 1120315BB0000009C 11.18 GreeneWay Interchange GreeneWay Interchange (p y nrer< arg< Casscells dada D ' A � 18 3120315BB000OOt 30 4: 76 GreeneWay Interchange Greene Way Interchange CasscellsS Ward 8 01edaD L.�. 19 31203158800000191 1.45 Commercial Planned Una Development Amerada Hess Corn �% 20 00213130000]80000 3]9 Greene Way Interchange GreeneWay Interchange Stran Group LLC 21 05213130000X0000 088 Commercial Planned Una Development Mstawilla Pta:ae Ownlers v - 1:..:' 25 }} a0315W00a00000 1 0 GreeneWay Interchange Greene • Way Int erchange St Ll NI 23 31203158800000198 988 GreeneWay Interchange GreeneWay lntercha.e CaucN40kdaD 24 800000010 ]9g GreeneWay Interchange ay Interchange Genius Elzabeth M Foundation h a' a � I 25 31203158600000030 1981 GreeneWay Interdiange GreeneWay Interchange Genius Elizabeth MFOUrldatlon -3.,. e 16 26 05213130000100000 1936 GreeneWay Interchange GreeneWay Interchange Casscells0i.040 i � � 27 3120315BB00000100 8.98 GreeneWay interchange • Interchange Casscells Marganu S O TB 1 28 05213130000200000 tat Comme Planned Unit Development Reference Only \!1 _ Professional Office & Small Business Incubator ' % i For the most current information please visit us at 2 www.winterspringsfl- org /ed and www.incubator.ucf-edu 6 • • 26 10 18 1 a 3 ! 4 — ..4 j "+ *t ® ®1s • g 22 . e 1 S '7 — 2Y.• e z • ._ UCFSmall r3ussne55 - • 4 'uwu111uiru C a1IGr �� % Ur! 3 8.a M r , i • ft f w .fir 13 www.winterspringsfl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT WWWWinterspringsfl.org /ed Spring 2010 Winter Spnngs BUSINESS 14 ' Opportuni Heart of the Community and ty Site Two: Local Business District CPnr >wf ; ^ • d s• • THE TOWN CENTER DISTRICT The WinterSpringsTownCenter ,,,J Or i1.e - s ., 4 . District is located at the geographic \ t '' . center, the 'Heart", of the City.This - ., v opportunity site area is anchored by '' s n , , 3 Co PP Y Y iY J•3•311 its namesake, where the community Winter cultur Springs even Town 'd' Center. This mixed -use developments ' y �' provides an urban center to the City d , �' � -. i• . "1'7 .. er• �+ y r . " t 5 ,,i, j' and activities, such as the Winter -, • !/ 1 "'• � . V ' ` • ; ,e� Springs Festival of the Arts and local y o �S \ ` ?, ), �r • ) L---, "' _ weddings, are hosted year - round. Ideal j • \ ` •+,`- j-,.. ' - features that keep the Winter Springs 7 :',%; s : s ,/ jJ� . '� t,' w - t.:. t.:. " Town Center vibrant and active with 8 ''' �J 1 ; 1 � f c residents and visitors alike include ° "ti'` F ' t • .., • ,.. �.. • — r . S a variety of shops and restaurants, a , �') • i t series of public squares, plazas, parks ' , � r n y a ' AM and greenspaces, connections to the a °\ .c_.;1 cf 3 ; 4V . ; $ • . .. ... •-i Cross - Seminole bike trail, accessible "O 1 • 6 /� W p+y ' • " ' r sidewalks, gazebos and an outdoor � � tr , `e • r 'y L , .. amphitheater. �, A9. • V y d' _ t . The o f e d i n 2002 dud m . r ' B pyc Center, completed n 2002 includes - t �� --1.1" res'd e� O tial un SF of office �e r f � 4.-40"-- „ i 7 t - .all • s P ace, and165,000 SF of retails P ace. ! o i f \ ' .. �` ' ,_ ' - At build -out, the Town Center will a� ” i include over 800,000 SF of retail space, �" 600,000 SF of office space, 500 hotel units, and over 3,500 residential units. ;_ , • ixed -Use Town Center Master Plan Locat al ong S.R. SR 434 the Town Center District Opportunity Site offers - -- - an ideal location for retail, office and residential development that benefits w -°' .: f rom it central location and more parcels, encompassing 200 acres. associated development costs. _ urban setting. Several of the largest parcels It makes sense to locate your The Town Center District provide Greenfield development business in the Winter Springs Opportunity Site is comprised of 54 opportunities at the City core. Town Center! • Additionally, the City of Winter ,,, Springs provides egulatory and development incentives in the r Winter Springs Town Center = - Town Center area in the form of • .7` i Location: S.R. 434 and Tuskawilla Road t� increased dwelling unit densities -_ Features: Mixed Use Development (Retail, Office, of up to 36 dwelling units per acre. � - '•� �� z • Residential) The Town Center Opportunity r. s . _ For More Information Contact. - - C - •"'----- ' _ District is also located in one ' Scott Gregory (407) 253 - 3144 . / of the City's three Seminole • scoff .gregorynaanswestem.net((��jj''{{`` Economic Enhancement Districts ' - I kb) r (SEED). This enables developers • - a te — ... I , t ,. ,. > „ x ,.•. access to apply for a range of site development incentives. For West End Professional Office Center more information on the incentive ' i ` Location 1135 East S R. 434 ' 'SS if ■ -' programs offered please see _11 11 1 I 1pl Features: 15,832 SF Multi Office Space A _ pages 27 - 29. - wR 4 .. TheTown Center District Winter Springs Town Center, S,R.434, A high quality town For More Information Contact: - - _ - ,�. _ Opportunity Site offers downtown center boosts property values and desirability citywide. Paul Partyka (407)875 ext. 758 " -` amenities and features without ., the downtown price tag and- - 15 www.wintersprings0.org /ed Spring 2010 Winter Springs BUSINESS DRAFT www.winterspringsfl.org /ed Spring 2010 Winter5prings 16 Town Center District Opportunity Sites N Town Center District Opportunity Sites Parcel Information ` ' ,14 -• L SITE PARCEL ACRES TARGET USE ZONING OWNER $ 1 20302654R04000084 0.57 Town Center T{ Robbie R.& Edward A 07200 20303650200000080 3.03 Town Center T -C 20303650200000070 284 Town Center 7{ 0 Available Opportunity Sites 20303650200000090 0.23 Town Center T{ Lake Jesup (Mized -Use, Olb <e, 20303650203000050 307 Town Center T{ Commercial, Industrial) 2030265560500007e 682 - own Cease. - -C Scnnmaner Lana Fund 1985 LT El Available Opportunity Sites 20302050500000040 2] 88 town Ceter T -C IGreenneldl 2031315000000001n 0.39 10wn tenter T-C ©. P Pa rks ubli<8 ReFacicreatioli\ie ;Rn esidential, 3 20302650008000264 065 Town Center T{ Seminole Nnes Association LTD 20303650200000018 080 Town Center 7{ ' 2030265.05000080 20303650100000260 0.15 Town Center T 2030265.05000080 2.63 Town Center Sher 566 nre Land Fund 1985 L1 2030265AR0600008e 7.23 Town Center T -C - 3 21310630000140000 0.33 Town Centr i -C 203026,30400,8I 0203026,30400,8I 9 9 town Cete• T{ I I r , ' 5 21300150508000000 0.J2 To Center T{ Tuakaw lb Office Park Owners ' } • 2130p15050A000pp0 242 Town Center T{ Tuzkaw Ba Office Park Owners .-`.'® _ G /w'hdSi• � r,V � `J * ] 10 - 213oolsos000000so 013 Town ncenter T{ T-C c POOrtnoaonl<6Dental Lab _ + J(� m<o Unlimited Inc. D " -a } 21300150500000010 • 0.13 Town nter T{ Ertreme Results Real EZtate • � - ,l 2100150500000060 0.14 Town Cent T{ Flannery Property Mana9em<nt LLC � . �f`f , 213001 3 505000000W 0.14 Town Center 7-C IMan nolchngs Inc. . S• . j • % k" }� 5 _ 21300150500000020 T{ Town Center T{ MB Ventures LLC • r 5 , 5. • \ " 21300150500000080 2130015050 0.14 Town Curter T{ Nene Im LLC i 0000100 0.13 Town Curter T{ Sin0hofen Propenies LLC X 21300150500000090 0.13 Town Center T{ Teamstrerrgth Inc 5 21300150500030110 0.1) Town Clew T{ wING Property LLC a y 6 2030765.0AOC48 145 o Tou domes nc A ` %® :• '" , ; -� 2030765.05000048 2030765.00000030 026 Town sa Center ' •f 2 t ) 213001 5 221300150100000040 OOp 0.65 Town Center T{ Edward W. Griffith ' .. s 2 -. 21300150100000050 092 Town center T{ s w . „: -\ I 8 2030265.085000121 113 Town Center T{ Gandea Ile at Town Cent, aJa 17 a, a . 5A 203026,51708000280 0B00o280 3.49 Town Center T{ a l „ ti .. 14 .. \ ... -'- ) 9 20313150300000050 4.42 T Center T< Mohamed SOKaren Name e .. 3iLr 1 10 203026508000:70 ).59 Town Center 7-C V66C DEV LLC \;- x: ° / AR 11 20302950800000208 zx9 Town Center r< Jeno F. Paukwd • • si e 18 12 21100150100000010 302 Town Center T{ Pan A Schoen I • 11 ,, 13 20302054720000084 0.50 Town Center T-C Mobil Oil Corporation r - "` / 14 2030265.065000n 1.18 Town Center T{ M<DOnaltls Restaurants of Florida ' 2 • ; / 15 2030365020000001A 1.16 T Center K ark...0er F Regan 1 ...'41:1 63 16 20303650300000010 1.95 Town Center T{ West End Professional Censer t • .fie i 1p - 4 17 2030265A110000006C 639 Town Center T< Reference Only O • j 18 2030265.04000070 31.14 Town Center T{ Reference Only Y ES 19 20303055400000060 0.41 Town Center T{ WSTC Associates LLC 1 1. ♦ 20303655000000050 0.30 Town Center T-C 4 5, 20303655400000030 0.43 Town Center T-C A '` ..O. \ ® „„ 20 2030365,00000020 056 Town Censer T -C Wendyo of NE Florida Inn I a Y' J •v _ - . . • 21 20303655400000040 147 Town Center T-C *STC Associates LLC w *+} i. , '} 0 r e � ^t 22 20303655000000020 181 Town Center T -C Tuskawlla Associates LLC 23 203036550.00000010 9.30 Town Canter T{ Capital Green I LLC For the most current information please visit us at: } -f 0 4 20303655705000000 0.88 Town Center T{ www.winterspringsfl. org /ed • • \ 24 2030265.08000. 301 Town Center MC 100477eel Inc. WI 25 zo2030265.4110900026C on s town r{ Tlleoaa Feime. a S 0 , 26 203131551100000011 186 Town Center T{ LTO Kays Spring ,LC 17 www.winterspringsA.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsf.org /ed Spring 2010 Winter Springs BUSINESS 18 ,► 1 <..., ,-\.... , it • .. ._, 4 14r +t tr 1 - il.•� i Available Facilities .. • r rsi TRANSwo.' • , I14 MA., ..— .• � • • • PARtR / I -' I International Plaza rr Location: 105 East 5.8.434 OE i '1 i , \., - Features: 6,711 SF One -Story Office Space ' 'j ��` t ,�.. 4. "` "- - For More Information Contact: Asa Shannon Herrin (407) 718 -2479 :: ` ` r - Office Park '� Moss Road O ? . ` Professional Office & r r , ' : '• : Location: 209 North Moss Road P _ A '' •.: . Commercial Space Features:5,600 SF Two-Story Office Space 0 , <. g For More Information Contact: For the most current Jim Gruber (407) 786 -4001 r7rtirt ' t. "' information please visit us at: www.winterspringsfl.org /ed • Opportunity Site H the development the Village Walk ,4s; _ O Village Walk. Located along S.R. Area along S.R. 434 would be �t a 434 and C.R. 419, this area is home ideal location for businesses that ' � `� Opportunity r t u n i t ; • Site Three • to established neighborhoods, serve neighborhood and nearby y . commercial development, retail community needs. .;Y *dal '.. , ,, ,: F VILLAGE WALK development, and light industrial The Village Walk Opportunity ' ''.1,..- # " development along C.R. 419. The Area is also located in one of the i "\ Village Walk Area Opportunity City's three Seminole Economic ,� - .0 3' s 4 " t' x ` • • Site is comprised of 134 parcels Enhancement Districts (S.E.E.D). Y - _ • j nisa''' W t, , • encompassing 179 acres. This enables developers access f .. Several of the largest parcels to apply for a range of site L "' provide greenfield development development incentives. For more 1 - .: opportunities right in the center information on the incentive ... of Winter Springs. programs offered please see (` tWiNTeR SPRINGS a' The Village Walk area offers pages 27 -29. • y. VILLAGE WALK neighborhood commercial, t ;. i ' retail and reuse development opportunities along the S.R. 434 corridor. Heavy commercial or V light industrial opportunities exist along C.R. 419. Several of the largest greenfield sites are located along C.R. 419. - With a close proximity to existing neighborhoods T ■ and a good supply of existing retail, office and commercial . (9 www.winterspringsFl. /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsfl.org /ed Spring 2010 Winter Springs BUSINESS 20 . ti fi • ,. i Lake Jesup ,, ` - i t ' N. Village Walk r •: z - , ® � 3 - \ . 1 ■ Opportunity Sites ¢ � +'1 elf 0 21 16 � qB l er 20 • , _ . ' 132 c , ; " '" 7 .0.14m, . . • N s * : 19 ---„_ i . 1 � . "' t.----'' 725 Available Opportunity '` ❑ ,y : . ' o ' � Y' .; 1 9rB ' .A:A 23 � ' Office, Commercial, Snes 4r .< 12 r -1 ' r'. IMi4ed -USe, Office, Commercial ; - t" � +w _ f Industrial) y _ ; V _ Ft; -, p. d /' , / � Available Opportunity Sites A �aQ1 4 i '^7 i # • J R• ) 25'. • j • IGreenfieldl ` t 72 , . T { ,dux _ '26 2 15 73 o 1 13 - _ Public Facilities, Residential, /� ' " , f s Parks & Recreation ` . .,. ° & 74'�. ' JS' [ 42 c� ♦ t A ` , _ 5� �PJ " t e1 t t 4. 1-. }pY � a t F •r'... le- 3 t 71 66 6 6 6 1 55 ' ci. ...'` > 0 t `,„ , ,. x ,- • 4 70 t 68} 6 7.,.5 4DIS a 7 \ S;° a * ' 4 • 'C e . 111 e+--- 60 5 9 W 6 7 54 . ... Y t : i u ♦ - s x s •s { � ' . - r . � ,'.'"'� .- , • 69 • 64 63 5 57 R . ,S AP! • . • * "� . a a i 4 , 'e / . , ' ?? 8 - ' '' ' L 53 P • t s • t .�uw'` \ �' 4. ..i ; e.. ) rte �' -- # M ` , • ' • ' . � , V i llage Walk Opportunity Sites Parcel Information • y S• j „„ i1' Hf, SITE PARCEL ACRES TARGET USE ZONING OWNER • b • ' ` 1 20303153305000000 0.59 Cammerca R-3 ATLANTIC OE0004P i t l 1L 4 0 . 1 � , y . +1 1 t f ' - r • l � 9 4 t 20303453300000030 0.47 ial 4 - 3 r ' '' ,y ' r . y ,_ ~ t - - tY - � x 20303453300000010 0.47 Commercal R - 3 • J 'r V A -�"'"' , 5 1y k . � ; *_ 0 Q 20303453300000020 049 Commercal R-3 t 1 4 d } f lY t, ks • • 20303453300000090 0.37 <ommerna1 R-3 VI •y�yy _ C 2 20303452700000000 t56 Commercal < -1 JUDGE DEVELOPMENT GROUPING R k .�. 1F. i" • - ` G 20303450704010000 0.16 Commercial C -1 GROGAN RICHARD L &MARV ..A . �' v [ a Y 1 01 20303452700000010 0.03 Commerce! C -1 80111.0 A- ANT0N0V ANNA - j , 10303452700000020 0.03 Commercial C -1 BROUMANDIMFANATIONALTWOINC 20303452700000030 0.03 Commercal C -1 BRWMANDINTERNATONAL'MOW ,,-... .. i t s - ` a 20303452700000040 0.03 Commercial C - QUA SAMUEL &LUZM 20303452700000050 0.03 Commerce! C-I OIFA SAMUEL &LUZ 20303452700000280 0.03 Commercal C -1 OLEA SAMUEL &LUZM 4 M, r - 1 Y • 20303452700000290 0.04 Commercal C -1 01. SAMUEL &LUZM * '&f { T. 4 - Rua 20303452700000060 0.02 Commercal C -I RU SAMUEL 4SrF 1'1,4 '� c $ e j • R . s ' , Y 20303452700000070 043 Commercial C-1 CUM GUSTAVO f t : t + ' ^ I H^ • C • - , - 20303452700000080 043 Commerce] C -1 BRATS BUILDING BLOCKS INC r. \ 1- .. ! , - 20303452700000090 042 Commerce! C -I BRATS BUILDING BLOCKS INC • `twat - , 4 ,, 1` i a,. .* - 20303452700000100 043 Commercial C-1 JONES 1 SCOTT& BONNIE I. `+, r ' ■ .- ' ' 1 ., ♦ 20303452700000110 0.03 Commercial C - LUTHRA WA 21 www.wintersp7, q- fl.org /etl Spring 2010 Winter Spr1736BUSINESS DRAFT DRAFT www.winterspringsf.org /ed Spring 2010 Winter Springs BUSINESS 22 20303452700000110 063 Commercial C -1 LUTHRA RITAK 22 20303452900000010 933 Industrial I-1 REFERENCE ONLY 20303452700000130 0.02 Commercial C -1 SCHUMAN MATTHEW 23 20303400W00000310 2.15 Commercial C -I SPEARS WENDELL E 20303452700000140 0.03 Commercial C -1 NGUYEN CHIEN0 24 20303454W00000210 4.21 Commercial C -1 SPEARS WENDELL E 20303452700000160 0.03 Commercial C -1 FRIAS RUBEN &ZUIEMA 25 20303456W00000314 2.15 Commercial C -1 ALLSEE INV LP 20303452700000190 0.09 Commercial C -1 FRIAS RUBEN 6ZUIEMA 26 2030345AW00000280 2.34 Commercial C -1 FAR6H3AKHSH MICHELLE 20303452700000170 0.03 Commercial C -1 FRIAS RUBEN &ZUIEMA 27 2030345AW0000028A 1.64 Commercial C -1 KAI PROPERTIES LLC 20303452700000180 0.03 Commercial C -1 FRIAS RUBEN&ZUIEMA 28 2030345AW0006041B 233 Commercial C -1 HUSSEIN0YFD5 &SHAMING 20303452700000130 0.03 Commercial C -1 FRIAS RUBEN &ZUIEM* 29 20303550500000000 294 Low Density Residential PUD PARKSTONE COMMUNITY ASSN INC 20303452700000200 0.03 Commercial C -1 SEMINOLE COUNTY FARM BUREAU LA 30 2030345AW00000100 134 Industrial 1-1 SOUTHEASTERN RIGGING TRUCKING 20303452700000210 0.04 Commercial C -1 EDWARDS ANTHONY N &PAMELA 31 40304410W00000100 108 174190,1 F1 PRUITT HENRY 20303452700000260 0.04 Commercial C -1 WOODSONNOELI &CARR SLOAN 32 20303454W0000008A 137 Industrial I.1 FACTS VENTURES .255 LLC 20303452700000250 0.03 Commercial C -1 WOODSON NOEL &CARR SLOAN 33 20303450W00000060 191 Industrial 1-1 1CH ENTERPRISES OF ORANGE CO 20303452700000220 0.03 Commercial C -1 W00DSON NOEL I &CARR SLOAN 34 20303414W0000006A 1.62 Industrial F1 MASTER CONSTRUCTION 20303452700000240 0.01 Commercial C -1 WOODSON NOEL I &CARR SLOAN 35 20303452300000110 1.16 Industrial 1-1 8007001 BYRON B 20303452700000230 0.03 Commercial C -1 W00DSON NOEL I &CARR SLOAN 36 20303452300000010 1.15 Industrial H1 KUZMICK KENNETH F & KUZMICK 20303452700000270 043 Commercial C -1 LUCYS HAW DESIGN INC 37 20303450W0000048E 020 Commercial C -1 P010070TEER LLC 20303452700000300 0.03 Commercial C -1 C1POLLA MARIANO& MARIA TRS 2030345AW00000300 202 Comme041 C -1 PHELOPATEER LLC 20303452700000310 0.03 Commercial C -1 JENAU HANSW TRUSTEE 38 20303454W00000488 1.18 Commercial C -1 DHRUV2LLC 20303452700000320 003 Commercial C -1 MC LAY WILLMME& DONNA 39 20303450W0000048C 130 Commercial C -1 MILLER WAYNE A &CYNTHIAM 20303452700000330 004 Commercial C -I BREWER TIMOTHY E &HEIDIM 40 20303456W0000046A 5.23 Commercial C -1 PAIAKMKNAFLM TRUSTEE 3 20303452300000020 o > i 0.4 Industrial F1 R E OWEN& ASSOCIATES 41 2000045AW00000480 0.70 Commercial C -1 ROMANOVALEN1NE 20303452300000040 069 Industrial FI R E OWEN & ASSOCIATES 42 20303454W0000047A 036 Commercial C -1 REFERENCE ONLY 20303452300000050 046 Industrial I-1 R E OWEN & ASSOCIATES 2030345AW00000070 0.29 Commercial C- 1 REFERENCE ONLY 20303452300000030 062 Industrial 1-1 RE OWEN& ASSOCIATES 43 20302654000000120 0.15 Commercial C -1 DISCOUNT AUTO PARTS INC 4 20303452300000060 078 Industrial Ll WILLIAM51910ES L 44 2030265AR0D000120 8.02 Commercial C -1 VENETIAN ENTERPRISES LLC 5 20303452300000070 1.15 Industrial I-1 RE OWEN & ASSOCIATES 45 2030265400000012E 0.34 Commercial C-1 SELENICA DENIS & MARY A 6 20303452300000090 0.65 Industrial I -1 JUST OFFICE LLC 46 20302654600000521 045 Commercial C -1 BIGSKYP0RITOLWLLC 20303452300000100 068 Industrial FI JUST OFFICE LLC 47 20302650800000520 1.48 Commercial C -1 AYUBE BENSON CARMEN INC 5 20303453000000010 007 Commercial C -1 GUDENKAUF RICHARD TRUSTEE 48 203026500.00000520 0.97 Commercial C -1 AYUBE &CARMEN KHAN LLC 20303453000000040 0.02 Commercial C -1 GUDENKAUF RICHARDI TRUSTEE 49 2030265000000052E 024 Commercial C -1 CHEUNG SHING INC 20303453000000020 005 Commercial C -1 000ENKAUF RICHARD I TRUSTEE 50 20303456700000020 0.18 Commercial C -1 0-34EI INTERNATIONAL INC 20303453000000030 0.02 Commercial C -1 GU06NKAUF RICHARD 1 TRUSTEE 51 20303450100000010 291 Commer441 C -1 MOSS ROAD LLC 20303453000000050 0.05 Commercial C -1 VISIBLE LIGHTLLC 52 2030265AR00000120 1.83 Commercial C -1 BARNETT BANK OF SEMINOLE CO 20303453000000000 039 Commercial C -1 CAHILL STEPHEN 53 21300350400000020 3.93 Comme741 C -1 PARTNERS PREFERRED YIELD INC 8 20302650400000120 4.19 Commercial C -1 METROPOLIS HOMES CO 54 20303450604020000 641 (owned.' C -1 605LC 20302650400000127 429 Comm5rci11 C -1 METROPOLS HOMES CO 55 20303459018000000 062 Commercial C -1 FRIAS RUBEN &ZU LEMA 20302650000000127 1.00 Commercial C -1 METROPOLIS HOMES CO 20303450018000040 073 04671514,1 C -1 FRIAS RUBEN Sall LEMA 9 2030345AW00000420 051 Commercial C -2 MEAGHER JAMES 1 &DARCYL 56 20303452800000010 030 Commercial C -1 HLW HOLDINGS LLC 20303450W0000002A 1.79 Commercial C -1 MEAGHE1 JAMES 113 &DARCY1 57 20303452800000030 032 Commercial C -1 MC CAVANAGH CORP 10 2030265000000013E 237 Industrial 1 -1 MEAGHER 2400S024 &DARCY 58 20303452800000040 031 Commercial C -1 TT PUBLICATIONS INC 11 20302650000000124 0.90 Medium Density Residential R-3 MOSS ROAD PARTNERS LTD 59 20303432800000020 030 Commercial C -1 JP HOLDINGS INC 20303453300000070 0.16 Medium Density Residential 4-3 MOSS ROAD PARTNERS LTD 60 20303416003000010 1.13 Commercial C -1 DIAMOND HOLDINGS GROUP LLC 12 2030345AW000002613 0.22 Commercial C -1 EMPLOYERS ASSN OF FLA INC 61 20303450019000000 0.44 Commercial C -1 RI CS2 LLC 2030265AR0000009L 2.76 Commercial C -1 EMPLOYERS ASSN OF FLA INC 62 2030345AV19000041 034 Commercial C -1 BURMAN JERRY & SUSAN K 13 2030345AW0000030D 167 Commercial C -1 CHEA WONG INC 63 20303450002000010 0.97 Commercial C -1 WINTER SPRINGS BUSINESS TRUST 2030345AW0000030E 0.76 Commercial C -1 CHEA WONG INCORPORATED 20303450V02000010 0/3 Commercial C -1 BUFFALO - VICTORIA BUSINESS TR 14 21300350400000024 041 Commercial C -1 ERNS IERRYW 64 20303416001000064 063 Commercial C -1 CRYSTAL MGMTCO INC 20303450600040000 0.36 Commerc:41 C -1 FANS JERRY 65 20303450025000000 1.11 Commercial C -I 510W SR434LLC 15 2030345AW00000294 1.79 Commercial C -1 ISRAEL MARTIN 66 20303451026000000 030 Commercial C- 1 COIIUM FAMILY LLC 20303454W00000290 169 Commercial C -1 ISRAEL MARTIN 67 20303450527000110 010 (06■24:11 C -1 BOGUMIL WALTER A &NATALUEM 16 20304400W00000120 6.22 Industrial 1 -1 4196070060070 RECYCLING 68 20303450529000050 0.17 Commercial C -1 DOWDY I JEFFREY 17 29393454W00000110 3.97 174444al 1.1 419 METAL& AUTO RECYCLING 69 213004511013000040 105 Commercial C -2 2058A NED A TRUSTEE 18 20303450W00000110 6.00 Industrial 1 -1 PHILLIPS 60074 LMEWD 21300451106000010 1.08 Commerca1 C -2 VOSKA THELMA 600450EE 19 20303454W00000340 8.06 Commercial C -2 PHILLIPS BARTHOLOMEW 70 2030265AR0D000560 2.04 Commercial C -1 YEUNGHOI SANG &HING YU 203034500000000330 2.14 Commercial C -2 PHILLIPS BARTHOLOMEW 0 71 20303351501000000 614 Commercial C -1 LOS LAGOS WINTER SPRINGS LLC 20 2030345AW00000040 12.74 Industrial 41 GROVE COUNSELING CENTER INC 72 20303453300000060 0.63 Medium Density Residential 143 HE A R INV GROUP LLC 21 2030345AW00000030 648 Industrial 1 -1 CITY OF WINTER SPRINGS 73 20303453300000050 032 Medium Density Residential R -3 HAMILTON RENAE L &GREGORY III 23 www.winterspringsFl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringst.org /ed Spring 2010 Winter Springs BUSINESS 24 #• r I 4:: 1: ,'' '.,,,,, fir 1a Mixed -Use Office, Industrial, .0{t - ,;, ',,,,** ' - `'4- 1 Commercial, Residential E 4e-, ' I 3 . - "1 '"'"� For the most current information of 36 t:a / i ores sr please visit us at: www.winterspringsfl.org /ed •rl ,� , 1 f1 � U.S. 17 Community Redevelopment Agency (CRA) Mission: w '/. E 1 � ` dttri' T I "To realize the full economic and functional potential of the U.S. 17 -92 corridor s 1 through strategic and timely investments that enhance the competitiveness and Available Opport,rnity Sites I 1 desirability of the corridor for the business community and the public at large." ∎ Mixed -Use, office. commercial, I U.S. 17 - - Industrial) " • , I CRA Boundary U.S. 1 7-92 Community • •• '+ _ , _ � ��i E pw U.S. 17 - 92 CRA Opportunity Sites Parcel Information R uzd pmen,A 1 r � 1'/ - 1 ilk, 1 lik 4 . e uneary SITE PARCEL ACRES TARGET USE ZONING OWNER 1 j Jy v t Oppor tunity Z 33203050300000140 0)0 Mixed-Use Longwood Property Acquisitions • 1 1 1 pp y 6365230666600 6bo Mxe Jae pmespr.nandpint f ..... y 3 33203050300000240 694 /Awed-Use NM. Proper.; Inc ' - - - 1 e' Y S i te Four: 820305 /8500000080 0.70 Mixed-Use C -2 Morden, Reny N Anne TRS 5 28203059%00000020 0.46 Mvedilse C-2 Wa x. Seat Companies, Inc 6 282030545013000070 263 Mixed -Use C -2 Darner Properties, Inc ., -- ' U.S. 17 -92 CRA 7 33203050300000190 1.08 MvM-Use Reece:, Properties, LLLF - I 8 3320305030000019E 0.70 Mxed USe R.. Properties, LLLP 9 33201052300000080 0.25 805 6U5e C.2 Wallace Seat Companies, Inc J - 21:6' . .. 39 - t .6 t3. • • 10 28203054503000060 141 Mixed-Use a -2 Gugrelmell00,0 Inc. _ - 1 ' 'r 4. 15 , r ; - 7 L-- ` - TheU.S.17 -92 Community 11 2620305A90000017N 0.48 14.41-Use Ram, Diawanne 8MahindraN e 4 31 a ' S y - Y 7. � '- - * 4/ Redevelopment District 12 2620305AROD0007L 051 MxeciUse 10010 10110 1 { 5 af. j t '4, . 4 13 2620305210000017P 0.12 Mixed -Use Dang HanhxuanThl I 23 y _ti' r y ,: - • The U.S. 17-92 corridor is Seminole 19 22203030002900000 03 Mace Use Hess Reeky Corp v � 1 7 29 , - ' A. g ;: •'S f } - R ' i : ' 8 ' f t County's commercial corridor running along 15 28203050508000170 0.96 Mxed -25. DdunerPmpenie,.mc t I i o -a f�4 4 2g +4 e . ' ' R a the western border of Winter 5prings . 6 2320305010000017E 171 045 M x a 305 neeen mt. 0. a = 1 It -6 " t o t1 13 ...t: .y -, ..' City of Winter Springs has several commercial 17 2820305A5013000110 1.30 Ma52.0se C -2 Biwt.Mama &Brucaro I 35 f. 1 y . ft and industrial properties located along this 10 3320305130.000120 0.47 M.ed4,.e City of Winter Springs = . I 'a't 1. * i corridor, within the U.S. 17-92 Community .t 1 1 ty 19 33203050305000000 o.n Mixed-Use onmler pmpenle:, Inc. Redevelopment Area.This opportunity site 20 33203050300000130 276 Mxed use ReeProper.,LLLP - s ' 44,1 `' "' to 0O is made up of 40 parcels totaling over 126 21 2820305/8508000160 0.15 810,44-Use Richard,MOre.O LLC 1 '' 5 3 ? acres. These parcels represent significant 22 33203050300000150 181 Mixed -Use Dir .Pro70004 Inc 1�1z 1 . • ' opportunities for retail, commercial or 23 28203055100000010 0.71 Mned.nse C -2 DlutzWalts &Geralyn t - i R - t - industrial users that would benefit from the „ 2820305ASOB000178 a Mixed -Use Moretti, Richard + �• visibility and access provide by the U.5.17 -92 MDA� ' •.. 1 . • 25 26203053906000178 0.22 Aimed -Use BG New Prectbn 81C LiR corridor. $ a . 'r - r ' 26 28203052508000170 0.96 Mxed Delmer C -2 Dmer Propertes Inc The U- 5.17 -92 Community Redevelopment t sa . 27 332030523000000/80 03Wallace at s,MC 6 Mixed Use Wall S COmpank +t - Agency(CRA)was established in1997.The f n 1 t CRA offers services and programming to assist 28 28203050500000080 0 Mixed-Jse C -2 Dimmer Properties. Inc. ' dq, a !I . 29 2 8203 050100000130 1136 Mixed -Use C -2 Sprague CO. '' '' . :i ® "r' -3 } relocating or existing businesses within and 1 33 30 26203050800000160 34.25 Mixed-Ole Laur2 Oaks LLC along this corridor. }� 1 , 1 _ - ` 31 282030505 238 Mceed-U Dmmer Pr ope rbe ;Inc - /e"^ " 7heavailabilityofsites ,existingfacilities, r 1 f I _f .- " 3 2 26203057000000160 7.73 Mixed -Use - a e great access ,high- visibilityandthe business PITH rn r -" y 1//,,et r „ fill assistance programs provided by the U.S. 17-92 33 n2.......° 056 M1xM•155 C -2 Olttme.Properties. Inc „?.."4. �, a . 30 . ..� • ' CRA make this Opportunity Site Area a very 34 33203050300000190 1.59 M 052 045 Reece Properties, LLLP J _ - � 'MI" appealin location! 35 2620305/8508000050 2.04 Mixed -Use c-2 Gugrelmaw Inv. MC. ¢,a;;; • 1 9- 8 For more information about Economic 36 262030501001000160 0.05 M1ed Use ale, Senn 4e, L. 1 ,. I - r • Development Incentives within the U .5.17 -92 37 262030569040000179 0.46 0056050 Ram,oiawanre &MahindwS i 8 . . I ,,_ 33 4 . __ - CRA, please contact: John G. Metsopoulos, U.S. 38 33203051300000010 0.44 Mixed (ay of Win., 5p/ ngs ' MR 17-92 CRA Program Manager , (407)314-0451 or 39 28203050100000170 2.40 64ixea-204 C -2 Wsh plainer &Sons, Inc. at" - 12 jr_3. -7 . `. U.S. 17 -92 CRA Opportunity Sites JMetsopoulos @seminolecountyfl.gov. • 40 2620305000(000210 2157 Mixed -Use Diltm ni e,P,opee.,Inc. 1 - " • ,.; 25 www.wintenpringsB.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsFl.orgied Spring 2010 Winter Springs BUSINESS 26 .. • State Loan Guarantees for primary lenders, up to 50% construction and to companies locating in targeted areas \\ — " C - Town Center Professional on all brownfield (S.E.E.D.) sites and up to 75% if the within Seminole County. � office Space property is redeveloped as affordable housing STATE OF FLORIDA BUSINESS INCENTIVES Federal benefits that may also be available for development in the Winter Springs S.E.E.D. areas include: -,"' - ,;,, Qualified Targetlndustry (QTgTaxRefundProgrom Requires s local match. Incentive available for companies that create ® B • . 1 . Site - Specific Activities Grant to DEP to conduct Phase I high wage jobs in targeted high value -added industries. This 3r valorem, intangible personal property, insurance premium, or II Environmental assessments and /or limited source incentive includes refunds on corporate income, sales, ad ` removals for eligible recipients using federal grant funds and certain other taxes. 2. National Brownfields Assessment, Revolving Loan Fund ' " ' _"J and Cleanup Grants; Brownfields Federal Tax Incentive that Quick Response Training (QRT) Program A customer- allows environmental cleanup costs to be fully deducted P Y driven training program designed to assist new value -added 11 8 in the same year they occur businesses and provide existing Florida businesses the f 1 necessary training for expansion. For more information about the Winter Springs S.E.E.D ss . program, please contact: John G. Metsopoulos, US 1792 Incumbent Worker Training (MIT) Program Program that CRA Program Manager, (407) 314-0451 or JMetsopoulos@ provides training to currently employed workers. ' t seminolecountyfLgov. Economic training pmen ently employed Fund (Road Fund) r v<Y' Winter Springs Reduced Permitting and Revenue Fees Otherwise known as the "Road Fund "offers up to $2 million in „.„.....:::-.4- :M T reduce the cost to do business within the City, the City For additional information grants, through the State of Florida, to alleviate transportation and more detail on any Commission has reduced City permitting and development challenges that impact the location or expansion of business incentive program, review fees by 30 %. headquarter operations or manufacturing /recycling facilities. please visit: Winter Springs Regulatory Incentives The City has identified High Impact Business Performance Incentive Grant www.winterspringsfl.org /ed the GreeneWay Interchange District and the Winter Springs Negotiated grant used to attract and grow major high Business Incentives: www.seminolecountyfigov/ Town Center area as targeted development areas. To impact facilities.The project must operate within designated encourage development in these areas the City provides the high-impact AVAILABLE PROGRAIVS gm /ecodev /incentives following regulatory and evelo development portions evi es ,s owing e chto l g y,andical 9 9 rY P te chnology, financial services, silicon technology, and transportation equipment manufacturing; create at least 100 • GreeneWay Interchange District (GID): An increased new full -time equivalent jobs in Florida in a three -year period; AND SERVICES FAR up to 2.0 and make a cumulative investment in the State of at least 5100 million in a three -year period. • Town Center Area: Up to 36 dwelling units per acre Capital Investment Tax Credit An annual credit against Winter Springs Jobs Growth Incentive (JGI) Program The the Florida Corporate Income Tax for up to 20 years. Eligible City provides upfront, performance - based, cash incentives projects are in designated, high- impact sectors, create at The City of Winter Springs provides access to a range 9 P 9 to qualifying targeted industries that create high-value job least 100 jobs, and invest at least 525 million in eligible of State, County and City incentive programs for qualifying opportunities and create significant capital investment in the capital costs. High -impact sectors include: silicon technology, industries and companies that seek to relocate or expand City. biotechnology, biocertain transportation equipment within the City. manufacturing or certain information technology facilities. Winter Springs Permit Assistance and Rapid Response Eligible capital costs include expenses incurred in the CITY OF WINTER SPRINGS BUSINESS INCENTIVES 1. 52,500 Job Bonus Refund for each new job created in a Permitting The City provides permit assistance and expedited acquisition, construction, installation and equipping of a designated S.E.E.D. area by an eligible business permitting to targeted industries and companies seeking to project from construction to operation. Seminole Economic Enhancement District (S.E.E.D.) expand or relocate within the City. Areas Program Winter Springs has identified key areas in 2. Sales Tax Credit on building materials purchased for the Expedited Permitting Assistance /Streamlining Process the City as targeted areas for economic development and construction of a housing project or mixed-use project Winter Springs Incentive Partnering The City has an Permit- streamlining is achieved through a commitment redevelopment. In 2008, Winter Springs designated four established partnership with Seminole County and the State among the State's regulatory agencies and local governments areas within the City as Seminole Economic Enhancement 3. If you enter into a S.E.E.D. Site Rehabilitation Agreement of Florida and will participate with County and State incentive to provide quicker, less costly and more predictable permitting District (S.E.E.D.) areas for the corresponding provision of programs (local matches, etc.) on a case -by -case basis. (SSRA), you will be eligible for: processes for significant economic development projects environmental remediation, rehabilitation, and economic without reducing environmental standards. redevelopment. Refer to the S.E.E.D. map on page 22. The • 50% Voluntary Cleanup Tax Credit (VCTC) applicable SEMINOLE COUNTY BUSINESS INCENTIVES City's four (4) S.E.E.D areas enable access to additional State to Florida's corporate income tax Qualified Defense Contractor Tax Refund A tool to preserve and Federal incentive programs for projects that locate in the Jobs Growth Incentive (JGI) Trust Fund Incentive dollars and grow Florida's high technology employment base S.E.E.D. area and create additional jobs or create a significant • 25% Additional VCTC if the property is redeveloped are available from Seminole County to both new and giving Florida a competitive edge as defense contractors capital investment. This enables developers access to apply for with affordable housing existing companies for job training, relocation expenses and consolidate defense contracts, acquire new contracts, or a range of site development incentives including: development costs. Eligible companies must satisfy selected convert to commercial production. Pre - approved projects job creation advantage criteria. Preference is given to new receive tax refunds of up to 55,000 per job created or saved in 27 www.winterspringsll.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT wwwwlnterspringsfl.org /ed Spring2010 Winter Springs BUSINESS 28 ea - - i S ECONOMIC ^ �ti ' " '' w eE ENHANCEMENT DISTRICT �� $ ' v a s.e.eo oe :iynarea.aea, (S. E. E, D) AREAS ® City of Winter5prings La ke Jesup 0 N 7 . U.S. 17 -92 T -CRA District • ' f Village Walk ,:: - :. _ d District c' w m . .. fJ < -,Town Center ' A� District y a ., • GreeneWay ` Interchange City of District Winter Springs —^ x.' prings aF 0 g c . 3 .z..? . City of m . W • O V redo 4 - x. Mer S erf Florida. Conversion of defense jobs to civilian production, the . . n9s B /vd• acquisition of a new defense contract, or the consolidation of a .; t' defense contract are eligible projects. t I• Sales Tax Electricity Exemption Allows for sales tax - . ' i .-- ,. exemptions on electricity and boiler fuels used to operate machinery and equipment for manufacturing, pollution City of ••.. —. control equipment, recycling equipment, maintenance Ca City o rr O equipment or monitoring /control equipment. y -•^•• exemptions Industry Tax etioas These pf I I I tax SOI I OI�iWAY exempti tions include the maintenance or tenance or repair o o aircraft, of aircraft, several UCF business saraactra. ` equipment used in aircraft maintenance or repair, and fixed ncubators, and two Central Florida's newest international airports. Capitalizing wing aircraft sales or leases. For more information contact: Technology Corridor' W Florida Department of Revenue, Tax Information Services (805) on its strategic position on 488 -6800. along SR-417 to the Port of nn SeminoleWAY, Winter Springs is Additional State Incentives These incentives include no Sanford. Located on the northern p g state personal income tax; no state -level ad valorem tax; no aggressively recruiting related Space Industry Tax Exemptions Semiconductor, defense and p portion of Orange County's inventory tax; exemptions from sales tax on manufacturing InnovationWAY, SeminoleWAY technology oriented companies - space technology facilities exemption of sales and uses taxes that would otherwise be paid by the qualifying business on machinery and equipment used in production; sales and connects Lake Nona's "Medical and start -ups. Rapidly growing use tax exemptions for research and development costs; City, the University of Central technology and medical industry machinery and equipment used in production and research Y Y and development. Certified businesses may also elect to sales tax exemptions for the motion picture, television and Florida's Technology Research clusters coupled with proximity designate one or more State universities to receive up to 100 recording industries; and International transactions exempted Park, the Center for Research and to one of the nation's leading of the amount of the qualifying exemption. In return, the from documentary stamp tax and international banking Education in Optics and Lasers universities and large, available transactions from intangible tax. • (CREOL), the internationally greenfield sites makes Winter _ university must match the funds equally and provide research Y Springs the right location for your `� and development projects for the certified business. recognized Institute for technology company. • Simulation and Training (1ST), 29 www.wintenpringsfl.org /ed Spring 2010 Winter Springs BUSINESS DRAFT DRAFT www.winterspringsfl.org /ed Spring 2010 Winter Springs BUSINESS 30 Contacts CITY CONTACTS UTILITY SERVICES City Hall Progress Energy 1126 East SR 434 (407) 700 -1919 Winter Springs, FL 32708 www.progress - energy.com 1 . 11111 .'.� (407) 327-1800 Progress Energy Business Development S `' `' City Information Line (407) 942 - 9241 `I` (407)327 -7594 _,, _ ' ( n " : _ .,- Y ` 1 ,� p - . City Manager AREA BUSINESS SERVICES (407) 327-5957 c:: Central Florida Better Bu Bureau , Clerk's Office (407) 621 - 3300 1� (407) 327 -5999 www.bbb.org . , 1 ' � k' A '' I 1,77-'7,-s/:--/-;_, , ~ I � _ L � Com unity68 to m ve p ent Disney Entrepreneur Center A /7/;//:,.. _ w "t _ www.disneyeccom l d' ' , ( , t v.. ` ,, Finance 1 ' (407) 327 -5951 Enterprise Florida, Inc. .,.a / j t I 1 . ' (407) 956 -5600 l/ t,t D General Services www.eflorida.com s iGy,;.. (407) 327 -6557 \ NAILS Information Technology Services Metro Orlando Economic Development � \ � `: �� Commission w _ (407) 327 -7574 (407)422 -7159 r www.orlandoedccom l` ', Job Line I ■ . 407 327 -7595 Universit of Central Florida Small Business Development Center Parks and Recreation (40e velopment 7)420 -4850 -''t - _.... -. (407) 327 -6599 www.bus.ucf.edu /sbdc .« 771 �- `' , R r . t. Permits Customer Service Manager University of Central Florida Business a ( (407) 327 - 5963 Incubator Program . � _ ' ) - - s 53C ..1 r , - ( www.incubatocucfedu v i 1 - Police Department I« - - - , ..1..- r ( 1 ' (407) 327 -1000 Oviedo - Winter Springs Regional Chamber of � .�.. ( ---T1.',1'..`, - Public Works (407) 36 _ (407) 327 - 2669 www.oviedowinterspnngs.org A r 1',.. �, + Water Utility Billing /Customer Service .. .... (407) 327 -5996 . Mixed -Use Office /Retail Opportunities ;. , For the most current information please visit us at: www.winterspringsfl.org /ed 31 www.winterspringsfl.org /ed Spring2010 Winter Springs BUSINESS - www.winterspringsfl.org /ed Spring2010 Winter Springs BUSINESS 32 r1 r: ee r -r ! po „ , 40°,.11. 1117111' aulliw.°.,-111 ° P y p 3 . gy. '' . 5,4 ' " w�..- ... !4 ! 1 '" ' jj - � 1 _ '', ' * . IP* ....„, 1 4, ,Iiiiib Art* , A o p. , 1 t k � l. f � • ' ,, of rings 1111, i � Jobs Growth nter --' - i i l ' s `` -+ °� , `� P if i - l . Perform Bd Ch ' ' Incen Program for '' �� � ,_ - Relocat or � ,., Ex ng T rge ■ 4 al ted . � n i a Indus June 14, 2010 . I .. i - " -. .. .iiivslio,, Af...,.., , voi 6.: , _ r e , \ , „,,,,,, ...z.„24.0app. .,,,,...,s, ii, , ; 7 { City of Winter Springs Jobs Growth Incentive Program Proposal June 2010 Introduction 1 Overview of the Winter Springs Jobs Growth Incentive Program 2 Eligibility 4 Application 5 Evaluation 6 Approval 6 Disbursement and Use of City of Winter Springs JGI Funds 7 Reporting and Performance by Winter Springs JGI Award Recipients 8 Process Summary 9 Proposed Establishing Ordinance 10 Jobs Growth Incentive Trust Fund Application Form 17 Jobs Growth Incentive Program Agreement 21 Jobs Growth Incentive Program Sample Performance Bond 32 Jobs Growth Incentive Trust Fund Annual Performance Report 33 Proposed Return on Investment Spreadsheet Form 38 City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT i Introduction This document presents the proposed City of Winter Springs Jobs Growth Incentive Fund program. The City of Winter Springs Strategic Plan (2010 -2012) contained specific recommendations regarding economic development. Goal 2 and the associated Strategy 12, shown below, specifically addressed the provision of economic development incentives. Goal 2: Identify opportunities and develop strategies to create a customer /business friendly experience. Strategy 12: Develop an Economic Development Incentive Program. Timeline: To Be Completed By 09/30/2010 Fiscal Impact: TBD Outcome: Incentivizes smart development and diversifies tax base to reduce the residential tax burden. This proposed program is designed to implement the recommendation listed above and provide the City of Winter Springs with an additional economic development mechanism to attract targeted new businesses to the City of Winter Springs and to assist targeted existing Winter Springs businesses to expand and grow. Targeted business sectors identified by the City of Winter Springs include: • Research Development and Testing • Space Technology, Aviation and Aerospace • Simulation, Modeling and Training • Laser Technology • Photonics • Computer Software and Hardware • Medical Labs and Technology • Communications • Corporate Headquarters / Professional Services City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 1 Overview of the Winter Springs Jobs Growth Incentive Program • The Winter Springs Jobs Growth Incentive program is a cash incentive program that is available to targeted industries only. • Targeted industries must satisfy specific criteria, including minimum job creation amounts, salary levels and a job retention period, in order to apply for consideration of an award. • The incentive is an inducement to relocate or expand a facility within the City of Winter Springs. • The incentive is a "but for" incentive that must be applied for before the applicant has finalized the relocation decision process or initiated the construction or expansion of their facility. • The Winter Springs City Commission, after due diligence and evaluation of the potential economic impact of the JGI award, may at its discretion and authority approve and authorize the City to enter into a Performance Agreement with the applicant to facilitate the award of JGI Funds. • No JGI Funds may be disbursed prior to the satisfactory execution of a Performance Agreement between the applicant and the City. • JGI funds may be used to reduce impact fees costs, offset expansion costs or offset relocation costs. • The Performance Agreement will detail specific responsibilities of the Applicant that must be satisfied in order to receive JGI Funds. • An integral component of the Performance Agreement is a Performance Bond or other Surety Instrument, equal to the amount of the award that is satisfactory to the City. This Performance Bond or other Surety Instrument must be activated and maintained by the applicant during the term of the Performance Agreement. • The applicant will provide annual Performance Reports to the City of Winter Springs documenting and attesting to the satisfaction of the terms and conditions of the executed Performance Agreement. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 2 • The City may `claw -back' the award through a call -in of the Performance Bond or Surety Instrument if the applicant does not satisfy the terms and conditions of the executed Performance Agreement. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 3 Eligibility • Each application for consideration will be evaluated on a case -by -case basis. • Applicants must be one of the Target Industry groups identified and seeking to locate or expand their facility within the City of Winter Springs. • Non - target industries may be eligible for consideration if the proposed expansion or relocation is proposed to occur: (1) within the City of Winter Springs; and (2) within or adjacent to targeted areas (i.e., Community Redevelopment Areas, SeminoleWay or other areas identified by the Winter Springs City Commission) pursuant to an adopted Resolution. • Minimum Job Creation Criteria o Relocating Companies - 25 Jobs Minimum o Expanding Companies - 10% increase over present employment o New or Start -up Companies - 3 New Jobs • Minimum Salary Criteria o Relocating Companies 115% of Seminole County Average Annual Wage (SC Avg. Wage= $38,434) (115% of Avg. Wage = $44,199 as of 4/14/10) o New or Expanding Companies 80% of Seminole County Average Wage (SC Avg. Wage= $38,434) (80% of Avg. Wage = $30,747 as of 4/14/10) o New or Expanding Companies 80% of Seminole County Average Wage (SC Avg. Wage= $38,434) (80% of Avg. Wage = $30,747 as of 4/14/10) (Average Wage Data Source: Enterprise Florida, Inc.) • Consideration will be given to applications that propose the construction of new facilities or additions to existing facilities that provide an addition to the non - residential tax base. • In addition to the minimum eligibility criteria listed above, the City will also evaluate applications for consideration based on these additional factors: o The purchase and use of local (Lake, Orange, Osceola, and Seminole Counties) materials goods and services to be utilized in the construction or expansion of facilities; o The applicant's (Employer's) willingness to hire and employ local City of Winter Springs residents; o The applicant's (Employer's) offering or providing healthcare, daycare and other benefits to employees; City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 4 o The applicant's (Employer's) locating of the facility or expansion of existing facility within a targeted area (as identified by Federal, State, County or Local Governments and by Resolution); and o The strategic importance of the proposed facility or expansion of an existing facility relative to the Federal, State, Regional, County or Municipal economic development efforts and objectives. • The City will consider long -term lease payments, for occupancy of a facility, as a measure of capital investment. Long -term lease (5 + years) payments represent the applicant's (Employer's) commitment to remain at the site and facility which would not have been created had the company not come to the area. Application • Applicants for consideration for participation in the Winter Springs JGI program will complete an application form requiring the following development program information for submittal: o Business Name and Federal ID Number (FEIN); o Business description and NAICS classification; o Primary Contact Information / Address; o Proposed Physical Development Program / Expansion / Relocation o Estimated Capital Investment Value of Proposed Expansion or Relocation (includes building value, long term lease and equipment); o Timing, type and distribution of new jobs to be created, including position classification, annual wage and other benefits; o Type and distribution of existing jobs to be retained, classification, annual wage and other benefits; o Statement that "but for" the consideration of potential availability of incentives to offset development costs of the proposed expansion or relocation the Winter Springs site or facility would not be viable or under consideration; o Requested JGI Grant Amount; o Anticipate Spin -Off impacts (Employee housing purchases, purchases associated with operations, etc.); and o Anticipated use of local suppliers or contractors. • Applications and discussions between the City and applicants may be maintained confidential in accordance with the provisions of Section 288.075 of the Florida Statutes. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 5 Evaluation • Completed Applications for consideration would be submitted to the City of Winter Springs Economic Development Coordinator, or designee, for a review of Application completeness and sufficiency; • A Staff level review would be prepared by the City Manager and City Attorney. • At the City Manager's discretion, the completed Application may be forwarded to the Winter Springs City Commission for consideration. • Recommendations shall include whether or not the application should be approved or denied, the amount of the award, and if approved, if any conditions are to be placed upon the award. • The City Manager, or designee, will provide a summary report of the Staff level review, findings and recommendations to the City Commission for their review and consideration. • Applications for consideration to participate in the Winter Springs Jobs Growth Incentive program shall be made on an Application Form that has been approved by the City. Approval • The City's Economic Development Coordinator, or designee, shall prepare an Agenda item for consideration by the Winter Springs City Commission at a regularly scheduled City Commission meeting. • Said Agenda Item shall include: o A complete and satisfactory City of Winter Springs JGI Application; o The findings and recommendations of the staff level review; o A Jobs Growth Incentive Performance Agreement that details the proposed performance criteria of the applicant and City; o The Summary Report of the staff level recommendations; and o The anticipated ad- valorem taxes to be generated by the Project and the anticipated time period for said ad- valorem taxes to equal and exceed the award amount (Return on Investment period). • Approval of the City of Winter Springs JGI Awards shall require a majority vote of the City Commission that has a quorum. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 6 • No funds for an approved JGI Application shall be disbursed until a complete and executed Jobs Growth Incentive Performance Agreement, including a valid and satisfactory Surety Instrument, has been filed with the City Clerk. Disbursement and Use of City of Winter Springs JGI Funds • JGI Applicants that are approved by the Winter Springs City Commission to receive an Winter Springs JGI fund grant shall be required to enter into a Jobs Growth Incentive Performance Agreement, including a valid and satisfactory Surety Instrument. • This Performance Agreement will detail the specific job creation criteria, capital investment criteria, wage and salary criteria, timing, reporting requirements and other terms and conditions to satisfy, agreed upon conditions and performance objectives. • Said Performance Agreement shall have a mandatory provision for repayment of the JGI grant award to the City of Winter Springs when an approved JGI grant applicant fails to perform any condition of the Performance Agreement. • The City may `claw -back' the award through a call -in of the Performance Bond or Surety Instrument if the applicant does not satisfy the terms and conditions of the executed Performance Agreement. • No City of Winter Springs JGI fund may be disbursed until the approved applicant has filed with the City Clerk a fully executed Jobs Growth Incentive Performance Agreement and a valid and satisfactory Surety Instrument. • Disbursed City of Winter Springs Jobs Growth Incentive funds may be used for: o Reducing the cost of impact fees associated with the project; o Expansion and construction costs; and o Costs associated with corporate relocation. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 7 Reporting and Performance by Winter Springs JGI Award Recipients • JGI Applicants that are approved by the Winter Springs City Commission to receive an Winter Springs JGI fund grant and have filed a fully executed Jobs Growth Incentive Performance Agreement, including a valid and satisfactory Surety Instrument, with the City Clerk, will be required to submit annual Performance Reports to the City's Economic Development Coordinator, or designee, to verify compliance with the terms and conditions of the Performance Agreement. • Said Performance Reports shall utilize the form approved by the City. • Annual Performance Reports shall be due each year on the anniversary date of the execution of the Performance Agreement. Performance Report claims shall be verified and Annual Report signed by CEO, CFO or Designee. • Should the approved applicant fail to comply with the terms and conditions of the Performance Agreement, the City of Winter Springs may terminate the Performance Agreement and impose sanctions including, but not limited to, pursuit of a refund of all City of Winter Springs JGI grant monies disbursed, reimbursement of all costs incurred in the processing and administration of the project and disqualification or debarment from participation in any future City of Winter Springs grant or assistance programs. A pro -rata share of the award may be sought for partial satisfaction of the terms of Performance Agreement. City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 8 Process Summary The overall process for the proposed program is summarized below. 1. Application 2. Evaluation 3. Approval 4. Upon approval and submittal of executed Performance Agreement, disbursement and use of City of Winter Springs JGI Funds 5. Performance monitoring, submittal of Annual Reports and by Winter Springs JGI Award Recipients City Manager ( Recommendation A pplication Staff Level Summary ity Commissio No End Submittal Review Report Agenda Item to Decision City Yes Execution of Performance Agreement and Surety • N ` Instrument Not Filing of Executed Funds Requested by Satisfactory Initiate Performance Grantee Award Fund Annual Remedy Claw Agreement with City Released Report back Process Clerk Satisfactory Term Not Completed • • City Retrieves Award / • Repeat to Term Term Completed • End City of Winter Springs, Economic Development Department Jobs Growth Incentive Program Proposal DRAFT 9 Proposed Establishing Ordinance 1 AN ORDINANCE OF THE CITY OF WINTER SPRINGS, 2 FLORIDA, ESTABLISHING THE CITY OF WINTER SPRINGS 3 JOBS GROWTH INCENTIVE GRANT PROGRAM, PROVIDING 4 LEGISLATIVE FINDINGS, PROVIDING DEFINITIONS; 5 PROVIDING A BUDGET; ELIGIBLE TARGET INDUSTRIES; 6 MINIMUM PARTICIPATION CRITERIA; MINIMUM JOB 7 CREATION CRITERIA; MINIMUM SALARY CRITERIA; 8 ADDITIONAL MINIMUM ELIGIBILITY CRITERIA; LONG - 9 TERM LEASE VALUE AS CAPITAL INVESTMENT; 10 APPLICATION; CONFIDENTIALITY; EVALUATION AND 11 REVIEW OF JOBS GROWTH INCENTIVE FUND 12 APPLICATIONS; APPROVAL PROCESS; DISBURSEMENT AND 13 USE OF CITY OF WINTER SPRINGS JGI FUNDS; COMPANY 14 RECORDS, REPORTS AND COMPLIANCE; PROVIDING FOR 15 CODIFICATION; AND PROVIDING FOR CONFLICT, 16 SEVERABILITY, AND AN EFFECTIVE DATE. 17 18 WHEREAS, the City Commission has shown a strategic priority to pursue 19 economic development and diversification of the tax base; and 20 21 WHEREAS, the City Commission desires to recruit and induce targeted 22 industries to relocate their facilities to Winter Springs or expand existing facilities and 23 to create job opportunities for Winter Springs residents; and 24 25 WHEREAS, the City Commission has shown desire to create grant programs 26 for targeted development meeting criteria established by the City; and 27 28 WHEREAS, the establishment of a Jobs Growth Incentive Grant program is 29 consistent with the City's priority to pursue economic development and 30 diversification of the tax base; 31 32 NOW, THEREFORE, BE IT ORDAINED BY the City Commission of the 33 City of Winter Springs as follows: 34 35 SECTION 1. LEGISLATIVE FINDINGS AND INTENT. The provisions 36 set forth in the recitals to this Ordinance (whereas clauses) are hereby adopted by the 37 City Commission of the City of Winter Springs as the legislative findings and intent 38 pertaining to this Ordinance. 39 40 SECTION 2. There is a public need to enhance and stimulate economic 41 activity in specific targeted areas of the City of Winter Springs, as desired by the City 42 Commission including but not limited to, the City's Community Redevelopment 43 Areas, or other targeted areas. The economic well -being of the residents of Winter 44 Springs and Seminole County would be enhanced by the provision of a Jobs Growth 45 Incentive Grant program. City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 9 46 47 SECTION 3. The City Commission of the City of Winter Springs finds that 48 attracting, retaining and providing favorable conditions for the growth of target 49 industries and businesses within targeted areas of the City provides employment 50 opportunities for residents of the City and will enhance and diversify the economic tax 51 base of the City. 52 53 SECTION 4. To stimulate and enhance economic activity in targeted areas of 54 the City and to improve the prosperity of its residents, it is necessary and in the public 55 interest for the City to establish a funding source that may be utilized to fund the Jobs 56 Growth Incentive Grant program and provide incentives to appropriate target 57 industries and businesses in targeted areas of the City. 58 59 SECTION 5. The establishment of the Jobs Growth Incentive Grant program 60 and grants derived thereunder consistent with the provisions of this Ordinance serves a 61 public purpose. 62 63 SECTION 6. The City Commission of the City of Winter Springs hereby 64 adopts the following to establish the Jobs Growth Incentive Grant program to assist 65 eligible target industries and other applicants offset the costs associated with relocating 66 or expanding their facilities within the City of Winter Springs: 67 68 1. Budget: The City Commission will establish an Economic Development 69 Trust Fund. Fifty (50) percent of the budgeted allocation in the Economic 70 Development Fund shall be dedicated for the Jobs Growth Incentive Grant 71 program. Future allocations of funds for the Jobs Growth Incentive Grant 72 program shall be at the discretion of the City Commission and subject to 73 funding availability. 74 75 2. Eligible Target Industries: City Commission established a list of targeted 76 business sectors to reduce impact fees costs, offset expansion costs or offset 77 relocation costs. The Target Industry groups identified by the City include: 78 79 • Research Development and Testing 80 • Space Technology, Aviation and Aerospace 81 • Simulation, Modeling and Training 82 • Laser Technology 83 • Photonics 84 • Computer Software and Hardware 85 • Medical Labs and Technology 86 • Communications 87 • Corporate Headquarters / Professional Services 88 City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 10 89 Non - target industries may be eligible for consideration if the proposed 90 expansion or relocation is proposed to occur within targeted areas. 91 92 3. Minimum Participation Criteria: Targeted industries must satisfy specific 93 criteria, including minimum job creation amounts, salary levels and a job 94 retention period, in order to apply for consideration of the Job Growth 95 Incentive. 96 97 4. Minimum Job Creation Criteria: Applicants must meet the following 98 minimum job creation criteria: 99 > New or Start -up Companies - 3 New Jobs 100 > Relocating Companies - 25 Jobs Minimum 101 > Expanding Companies - 10% increase over present employment 102 103 5. Minimum Salary Criteria': Applicants must meet the following minimum 104 salary criteria: 105 ➢ Relocating Companies: 115% of Seminole County Average Annual 106 Wage (SC Avg. Wage= $33,494) (115% of Avg. Wage= $38,518 as of 107 01/01/2010) 108 > New or Expanding Companies: 80% of Seminole County Average Wage 109 (SC Avg. Wage= $33,494) (80% of Avg. Wage= $26,795 as of 110 01/01/2010) 111 > Relocating or Expanding Companies proposing to locate in a `targeted 112 area:' 80% of Seminole County Average Wage (SC Avg. Wage= 113 $33,494) (80% of Avg. Wage = $26,795 as of 01/01/2010) 114 115 6. Additional minimum eligibility criteria: The City will also evaluate 116 applications for consideration based on these additional factors: 117 118 > The purchase and use of local materials, goods and services to be utilized 119 in the construction or expansion of facilities; 120 > The applicant's (Employer's) willingness to hire and employ local 121 Winter Springs residents; 122 > The applicant's (Employer's) offering or providing healthcare, daycare 123 and other benefits to employees; 1 Average Wage Data Source: Enterprise Florida, Inc. Effective January 1, 2010 City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 11 124 ➢ The applicant's (Employer's) locating of the facility or expansion of 125 existing facility within a targeted area (as identified by Federal, State, 126 County or Local Governments and by Resolution); and 127 ➢ The strategic importance of the proposed facility or expansion of an 128 existing facility relative to the Federal, State, Regional, County or 129 Municipal economic development efforts and objectives. 130 7. Long -Term Lease Value as Capital Investment: The City will consider long - 131 term lease payments, for occupancy of a facility, as a measure of capital 132 investment. Long -term lease payments represent the applicant's (Employer's) 133 commitment to remain at the site and facility which would not have been 134 created had the company not come to the area. 135 136 8. Application: Applicants for consideration for participation in the Winter 137 Springs JGI program will complete an application form requiring the following 138 development program information for submittal: 139 140 ➢ Business Name and Federal ID Number (FEIN); 141 ➢ Business description and NAICS classification; 142 ➢ Primary Contact Information / Address; 143 ➢ Proposed Physical Development Program / Expansion / Relocation 144 ➢ Estimated Capital Investment Value of Proposed Expansion or 145 Relocation (includes building value, long term lease and equipment); 146 ➢ Timing, type and distribution of new jobs to be created, including 147 position classification, annual wage and other benefits; 148 ➢ Type and distribution of existing jobs to be retained, classification, 149 annual wage and other benefits; 150 ➢ Statement that "but for" the consideration of potential availability of 151 incentives to offset development costs of the proposed expansion or 152 relocation to the Winter Springs site or facility would not be viable or 153 under consideration; 154 ➢ Requested JGI Grant Amount; 155 ➢ Anticipate Spin -Off impacts (Employee housing purchases, purchases 156 associated with operations, etc.); 157 ➢ Anticipated use of local suppliers or contractors. 158 159 9. Confidentiality: Applications and discussions between the City and applicants 160 may be maintained confidential in accordance with the provisions of Section 161 288.075 of the Florida Statutes. 162 City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 12 163 10. Evaluation and Review of Jobs Growth Incentive Fund Applications: 164 165 ➢ Completed Applications for consideration would be submitted to the 166 City of Winter Springs Economic Development Coordinator, or 167 designee, for a review of Application completeness and sufficiency; 168 169 ➢ A Staff level review would be completed by the City's Chief 170 Administrative Officer, the Finance Director and the City Attorney. 171 172 ➢ The staff level review would yield a recommendation to be provided to 173 the City Commission. 174 175 ➢ Recommendations shall include whether or not the application should 176 be approved or denied, and if approved, if any conditions are to be 177 placed upon the award. 178 179 ➢ The Economic Development Coordinator, or designee, will provide a 180 summary report of the Staff level review, findings and recommendations 181 to the City Commission for their review and consideration. 182 183 11. Approval Process: 184 185 ➢ The City's Economic Development Coordinator, or designee, shall 186 prepare an Agenda item for consideration by the Winter Springs City 187 Commission at a regularly scheduled City Commission meeting. 188 189 ➢ Said Agenda Item shall include: 190 • A complete and satisfactory City of Winter Springs JGI 191 Application; 192 • The findings and recommendations of the staff level 193 review; 194 • A Jobs Growth Incentive Performance Agreement that 195 details the proposed performance criteria of the applicant 196 and City; 197 • The Summary Report of the staff level recommendations; 198 and 199 • The anticipated ad- valorem taxes to be generated by the 200 Project and the anticipated time period for said ad- 201 valorem taxes to equal and exceed the award amount 202 (Return on Investment period). 203 ➢ Approval of City of Winter Springs JGI Awards shall require a majority 204 vote of the City Commission. City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 13 205 206 ➢ No funds for an approved JGI Application shall be disbursed until a 207 complete and executed Jobs Growth Incentive Performance Agreement, 208 including a valid and satisfactory Surety Instrument, has been filed with 209 the City Clerk. 210 211 12. Disbursement and Use of City of Winter Springs JGI Funds: 212 213 ➢ JGI Applicants that are approved by the Winter Springs City 214 Commission to receive a Winter Springs JGI fund grant shall be 215 required to enter into a Jobs Growth Incentive Performance Agreement, 216 including a valid and satisfactory Surety Instrument. 217 218 ➢ This Performance Agreement will detail the specific job creation 219 criteria, capital investment criteria, wage and salary criteria, timing, 220 reporting requirements and other terms and conditions to satisfy, agreed 221 upon conditions, and performance objectives. 222 223 ➢ Said Performance Agreement shall have a mandatory provision for 224 repayment of the JGI grant award to the City of Winter Springs when 225 an approved JGI grant applicant fails to perform any condition of the 226 Performance Agreement. 227 228 ➢ The City may `claw -back' the award through a call -in of the 229 Performance Bond or Surety Instrument if the applicant does not satisfy 230 the terms and conditions of the executed Performance Agreement. 231 232 ➢ No City of Winter Springs JGI fund may be disbursed until the 233 approved applicant has filed with the City Clerk a fully executed Jobs 234 Growth Incentive Performance Agreement and a valid and satisfactory 235 Surety Instrument. 236 237 ➢ Disbursed City of Winter Springs Jobs Growth Incentive funds may be 238 used for: 239 i. Reducing the cost of impact fees associated with the project; 240 ii. Expansion and construction costs; and 241 iii. Costs associated with corporate relocation. 242 243 13. Company records, reports and compliance: 244 a. Each approved applicant shall, in addition to other requirements in the grant's 245 Performance Agreement, document the use of Winter Springs Jobs Growth 246 incentive funds received and certify that the funds have been expended in City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 14 247 accordance with the grant Performance Agreement; create and maintain records of 248 new jobs created; and supply all records relating to the grant to the City of Winter 249 Springs as requested. The approved applicant shall also be required to provide an 250 Annual report, in a format acceptable to the City of Winter Springs. These 251 Annual reports will be due each year on the anniversary of the execution of the 252 grant Performance Agreement. 253 254 b. Should the approved applicant fail to comply with the terms and conditions of 255 the grant Performance Agreement, the City of Winter Springs may terminate the 256 grant Performance Agreement and impose sanctions including, but not limited to, 257 pursuit of a refund of all grant monies, reimbursement of all costs incurred in the 258 processing and administration of the project and debarment from participation in 259 any City of Winter Springs assistance program in the future, including future grant 260 consideration. 261 262 SECTION 7. Adoption of Rules by City Manager. The City Manager shall 263 have the power and authority to promulgate administrative rules and formulate 264 incipient City policy in order to implement the provisions of this Ordinance. 265 266 SECTION 8. Codification. The provisions of this Ordinance shall be codified 267 as and become and be made a part of the City of Winter Springs Code of Ordinances. 268 The Sections of this Ordinance may be renumbered or relettered to accomplish such 269 intention and the word "Ordinance" or similar words, may be changed to "Section" 270 "Article" or other appropriate word provided, however, that Sections 1, 3, 4, 5, 6, and 271 7 shall not be codified. The Code codifier is granted liberal authority to codify the 272 provisions of this Ordinance. 273 274 SECTION 9. Conflict. To the extent of any conflict between any other City 275 regulations and ordinances and this Ordinance, this Ordinance shall be deemed to 276 control. 277 278 SECTION 10. Severability. If any section, subsection, sentence, clause, 279 phrase or portion of this Ordinance is for any reason held invalid or unconstitutional 280 by any court of competent jurisdiction, such portion shall be deemed a separate, 281 distinct, and independent provision and such holding shall not effect the validity of the 282 remaining portion hereof. 283 284 SECTION 11. Effective Date. This Ordinance shall become effective 285 immediately upon passage and adoption. 286 287 FIRST READING: 288 289 SECOND READING: 290 291 PASSED AND ADOPTED this day of 292 2010. City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 15 293 294 295 296 297 JOHN BUSH 298 MAYOR of the City of Winter Springs, 299 Florida 300 ATTEST: 301 302 303 304 CITY CLERK 305 306 307 308 309 310 311 312 313 314 315 City of Winter Springs, Economic Development Department Proposed Establishing Ordinance DRAFT 16 Jobs Growth Incentive Trust Fund Application Form WINTER SPRINGS sumac OPPORI aarrcs TO BUILD DREAMS City of Winter Springs Y s p g Jobs Growth Incentive Trust Fund A • lication Form 1. Business Name: Federal I.D. NO. Primary Contact: Title: Address: Phone: 2. Business Description: Briefly describe your business includin g major product lines, current location and levels of operation, divisions and subsidiaries, growth characteristics and any other pertinent information. Please note if this is a new business to Winter Springs or an existing business expansion. Industry or Business Type: NAICS Code /Number North American Industry Classification System, 6 digit code for industry classification and statistical use. City of Winter Springs, Economic Development Department JGI Trust Fund Application Form DRAFT 16 3. Proposed Physical Development: (Describe location and square footage of buildings by type of proposed use, existing or new construction or lease and other major on -site or near site improvements.) 4. Property, Construction and Utility Estimates A. Value of property to be purchased $ B. Value of new construction $ C. Machinery, equipment or personal property value $ D. Total proposed capital investment $ 5. Total Grant Funds Requested: Award Requested $ Proposed Use of Grant Funds: City of Winter Springs, Economic Development Department JGI Trust Fund Application Form DRAFT 17 6. Job Creation: A. Number of Jobs Currently on Payroll Full -time (FTE) Part -time (PTE) Temporary /Seasonal B. Number of Increased Jobs Proposed Over the Next Two- (actual number of new Over the Next Five (5) (actual number of Three (2 -3) Years jobs proposed) Years new jobs proposed) Full -time Full -time Part-time Part-time Temporary Temporary C. Average Base Annual Salary of New Jobs Created (Salary excluding benefits) $ Breakdown of New Jobs by Type /Number /Salary Type Number of New Jobs Average Annual Base Salary Management /Administration Professional Technical Service Trades Other City of Winter Springs, Economic Development Department JGI Trust Fund Application Form DRAFT 18 7. Project Spinoff Impacts A. Identify any additional business development that is anticipated as a result of this relocation /expansion. B. Identify if local (Orange, Osceola, Lake or Seminole County based) or regional contractors would be used for proposed development. C. Identify local products that would be used by type and general amount. I hereby acknowledge that this application constitutes a request for a City of Winter Springs Jobs Growth Incentive Trust Fund Grant in the amount shown in Section 5 of this application and the information provided herein is a true and accurate representation of the company's existing and projected job formation, salary and construction schedules. I also acknowledge that award of funds are subject to Winter Springs City Council discretion for approval. If awarded, an executed contract and performance surety (e.g., letter of credit or performance bond) would be required. Also, I acknowledge that no action has been taken to date regarding the acquisition of buildings or property and that I would not consider expansion or relocation to Winter Springs `but -for' the consideration and potential provision of the requested incentives. Signature of Chief Company Officer: Date Printed Name: Date Witnesses: Date Date City of Winter Springs, Economic Development Department JGI Trust Fund Application Form DRAFT 19 City of Winter Springs, Economic Development Department JGI Trust Fund Application Form DRAFT 20 Jobs Growth Incentive Program Agreement 1 City of Winter Springs 2 Jobs Growth Incentive Program Agreement 3 4 THIS AGREEMENT is effective as of the day of 5 20, by and between the City of Winter Springs, a political 6 subdivision of and in the state of Florida, whose address is 1126 East State Road 7 434, Winter Springs, Florida 32708 (hereinafter referred as the "CITY ") and 8 , authorized to do business and doing business in 9 the State of Florida, whose address is 10 , (hereinafter referred to as the COMPANY), whose Federal 11 Employer I.D. Number is 12 13 WITNESSETH: 14 15 WHEREAS, it is the policy of the CITY to aggressively stimulate economic growth in 16 Winter Springs by, among other things, either attracting new business or encouraging 17 the expansion of existing business within the CITY, and; 18 19 WHEREAS, the creation of new employment opportunities for residents of Winter 20 Springs and the increased tax revenues resulting from business expansion within 21 Winter Springs are beneficial to the sustained health of the local economy, and; 22 23 WHEREAS, the CITY Commission has determined that offering a Jobs Growth 24 Incentive Program encourages both existing business to expand and new business to 25 locate resulting in diverse positive employment opportunities for the residents of 26 Winter Springs, and; 27 28 WHEREAS, Winter Springs, through its City Commission, has enacted a Jobs 29 Growth Incentive Ordinance and has the fiscal capacity to conduct and accomplish the 30 programs relating thereto, and; 31 32 WHEREAS, the COMPANY will locate and /or expand its business to Winter 33 Springs and thereby create certain full -time employment opportunities at a certain 34 average salary level and to make certain capital investments all in accordance with the 35 CITY'S Strategic Plan, and the COMPANY'S Jobs Growth Incentive Grant 36 Application and the CITY'S Jobs Growth Incentive Ordinance, and; 37 38 WHEREAS, the COMPANY and CITY desire to enter into this agreement for the 39 purpose of giving additional assurances to the CITY that certain expenditures by the 40 CITY will produce the desired economic impact in Winter Springs as a result of the 41 COMPANY'S activities, and; 42 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 20 43 WHEREAS, the COMPANY is proposing the construction of a 44 square foot operating facility at a location in Winter Springs at 45 an approximate cost of ,which sum 46 represents a significant capital investment, and; 47 48 WHEREAS, the new jobs created and capital investment made by the COMPANY 49 will make the project economically viable in terms of Winter Springs economic 50 development, and; 51 52 WHEREAS, the COMPANY is eligible to receive a Jobs Growth Incentive Grant 53 from the CITY, and; 54 55 WHEREAS, the CITY has determined that in order to enhance and preserve the 56 health, 57 education, and welfare of the citizens of the CITY it is necessary, proper, and desirable 58 to enter into this agreement with the COMPANY in order to enhance and sustain the 59 economic development of Winter Springs, and; 60 61 WHEREAS, the CITY finds and declares that it is in the public's best interest and 62 serves a public purpose to award a grant and /or other assistance to the COMPANY 63 pursuant to the terms of this Agreement. 64 65 NOW, THEREFORE, in consideration of the premises and mutual covenants 66 hereinafter contain and other good and valuable consideration, the receipt and 67 sufficiency of which is hereby acknowledged, the parties do hereby covenant and agree 68 as follows: 69 70 SECTION 1. - Recitals 71 The above recitals are true and correct and form a material part of this Agreement 72 upon which the parties have relied. 73 74 SECTION 2. - Definitions 75 76 (A) "New Permanent Jobs" - means new permanent jobs made available to persons not 77 having been previously employed by the COMPANY, such jobs being established for 78 a minimum of two (2) years and having a minimum annual base wage of 79 dollars. 80 81 (B) "Project" - means the physical construction of a building to be square 82 feet, located at 83 84 85 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 21 86 SECTION 3. - Representations of the COMPANY 87 88 The COMPANY hereby represents and warrants to the CITY the following: 89 90 (A) The COMPANY is duly organized and validly existing under the laws of the State 91 of Florida and is authorized to do and is doing business in the State of Florida. 92 93 (B) The COMPANY has the corporate power, authority, and legal right to execute, 94 deliver, and perform this Agreement. The execution, delivery, and performance of this 95 Agreement by the COMPANY have been duly authorized by all necessary corporate 96 and shareholder action. 97 98 (C) The COMPANY'S Project Manager shall be or 99 his /her designee. 100 101 SECTION 4. - Covenants of the COMPANY 102 103 The COMPANY hereby covenants with the CITY to do the following: 104 105 (A) The COMPANY agrees to locate or expand its business operations in Winter 106 Springs and agrees to create and provide certain employment opportunities in the 107 CITY as more specifically set forth below. 108 109 The COMPANY will secure its obligations relating to this agreement by causing to be 110 issued, in favor of the CITY, a performance bond, letter of credit, real property lien, 111 or other surety satisfactory to the CITY. 112 113 (B) In consideration of approval of its application for funds under the provisions of the 114 Agreement by the CITY, the COMPANY guarantees that new permanent jobs for at 115 least persons will be provided at the project within the CITY during the 116 period of to 117 118 The total number of new jobs represents a CITY expenditure of per new job 119 created. Said new jobs shall be maintained for a period of at least twenty -four (24) 120 months from date of hire. All jobs must be created, occupied (personnel may change), 121 and sustained for twenty -four months within a forty -eight (48) month period. Job 122 announcements and vacancies must be advertised in a local newspaper and notice of 123 need must be forwarded to Workforce Central Florida. 124 125 (C) New permanent employment means permanent jobs made available by the 126 COMPANY to persons not previously employed by the COMPANY and shall be 127 compensated at an annual minimum salary of $ 128 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 22 129 (D) The COMPANY agrees that the project will result in the expenditure of at least 130 of capital investment relating to the Project. 131 132 (E) The COMPANY agrees that construction will commence on or before 133 and be complete on or before 134 135 136 (F) The COMPANY shall provide written verification, satisfactory to CITY, 137 demonstrating compliance with this Agreement. 138 139 (G) When the jobs have been created or capital investments have been made, the 140 COMPANY shall cause notice to be given to the CITY and will make the 141 documentation available for review and inspection by the CITY. 142 143 SECTION 5. - Covenants of the CITY /Grant Funds 144 145 (A) The COMPANY agrees to fully secure its obligations relating to this Agreement 146 by causing to be issued, in favor of the CITY, a letter of credit, performance bond, or 147 other surety acceptable to the CITY. 148 149 (B) The CITY conditions its obligation herein, subject to the COMPANY promptly 150 furnishing to the CITY, with evidence satisfactory to the CITY, that the COMPANY 151 has accomplished its obligations relating to the Project. Reports shall be made to the 152 CITY by the COMPANY every twelve (12) months, in a format provided by and 153 satisfactory to the CITY. 154 155 SECTION 6. - Term 156 157 This Agreement shall become effective upon execution by the CITY and the 158 COMPANY and shall remain in effect through close out of the Agreement pursuant 159 to and consistent with its terms. 160 161 SECTION 7. - Reports 162 163 (A) The COMPANY shall provide the CITY with reports at least every twelve (12) 164 months starting on , and every twelve months thereafter, or 165 as frequently as specified by the CITY, on forms provided by the CITY for the 166 duration of the Project. These reports shall give information regarding the number of 167 new permanent jobs that have been provided by the Project, and of all activities 168 affecting the implementation of this Agreement including, but not limited to, a 169 narrative summary of progress on the Project in the report form approved by the 170 CITY. 171 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 23 172 (B) The COMPANY shall provide the CITY a written annual verification, satisfactory 173 to the CITY in its sole discretion, of compliance by the COMPANY with all agreed 174 upon performance standards as set forth herein which verification must be certified by 175 an officer of the COMPANY and submitted to the CITY. Annual verifications shall 176 cover the entire twelve (12) month period subsequent to the effective date of this 177 Agreement and subsequent twelve (12) month period for a total of five annual 178 verifications. The COMPANY, at its sole cost and expense, shall provide such 179 verification to the CITY. 180 181 SECTION 8. - Force Majeure 182 183 In the event any party hereunder fails to satisfy a requirement imposed in a timely 184 manner, due to a hurricane, flood, tornado, or other Act of God or force majeure, 185 then said party shall not be in default hereunder; provided, however, that performance 186 shall recommence upon such event ceasing its effect. 187 188 SECTION 9. - Binding Effect 189 190 This Agreement shall be binding upon and inure to the benefit of the parties hereto 191 and the successors in interest, transferees, and assigns of the parties. 192 193 SECTION 10. - Assignment 194 195 This Agreement shall not be assigned by either party without the prior written 196 approval of the other. 197 198 SECTION 11. - Public Records 199 200 The COMPANY shall allow public access to all documents, papers, letters or other 201 materials, which have been made or received by the COMPANY in conjunction with 202 this Agreement. 203 204 SECTION 12. - Records and Audits 205 206 (A) The COMPANY shall maintain in its place of business all books, documents, 207 papers, and other evidence pertaining to work performed under this Agreement. Such 208 records shall be and remain available at the COMPANY'S place of business at all 209 reasonable times during the term of this Agreement and for five (5) years after 210 Agreement closure. 211 212 (B) The COMPANY agrees that the CITY or its duly authorized representatives shall, 213 until the expiration of five (5) years after Agreement closure, have access to examine 214 any of COMPANY'S books, documents, papers, and records involving transactions 215 related to this Agreement. The COMPANY agrees that payments made under this City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 24 216 Agreement shall be subject to reduction for amounts charged which are found, based 217 on audit examination, not to constitute allowable costs. 218 219 (C) All required records shall be maintained until an audit has been completed and all 220 questions arising from it are resolved or until five (5) years after closure of the 221 Agreement, in writing, and submission of the final invoice, whichever is sooner. The 222 COMPANY will provide proper facilities for access to and inspection of all required 223 records. 224 225 SECTION 13. - Notices 226 227 (A) Whenever either party desires to give notice unto the other, notice may be sent to 228 the CITY: 229 230 CITY Manager 231 1126 East State Road 434, 232 Winter Springs, 233 Florida, 32708 234 235 With copies to: 236 Community Development Director 237 1126 East State Road 434, 238 Winter Springs, 239 Florida, 32708 240 241 COMPANY 242 243 244 245 246 247 Either of the parties may change, by written notice as provided herein, the addresses or 248 persons for receipt of notices or invoices. All notices shall be effective upon receipt. 249 250 SECTION 14. - Indemnity and Insurance 251 252 (A) Each party to the Agreement is responsible for all personal injury and property 253 damage attributable to the negligent acts or omissions of that party and the officers, 254 employees, and agents thereof. 255 256 (B) To the extent allowed by law, each party to this Agreement shall indemnify, save 257 and hold harmless the other party and all of its respective officers, agents, and 258 employees from and against all losses and all claims, demands, payments, suits, actions, 259 recoveries, and judgments of every nature and description whatsoever, including claims City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 25 260 for property damage and claims for injury to or death of persons brought or recovered 261 against other party to this Agreement, by reason of any act or omission of the 262 responsible party, its respective officers, agents, subcontractors, or employees, in the 263 execution of the work relating to this Agreement. 264 265 (C) The parties further agree that nothing contained herein shall be construed or 266 interpreted as denying to any party any remedy or defense available to such parties 267 under the laws of the State of Florida, nor as a waiver of sovereign immunity of the 268 CITY beyond the waiver provided for in Section 768.28, Florida Statutes. 269 270 (D) The COMPANY shall provide necessary workers compensation coverage and 271 unemployment compensation for its employees. 272 273 SECTION 15. - Conflict of Interest 274 275 (A) The COMPANY agrees that it will not engage in any action that would create a 276 conflict of interest in the performance of its obligations pursuant to this Agreement 277 with the CITY or which would violate or cause others to violate the provisions of Part 278 111, Chapter 112, Florida Statutes, relating to ethics in government. 279 280 (B) The COMPANY hereby certifies that no officer, agent or employee of the CITY 281 has any material interest (as defined in Section 1 12.3 12, Florida Statutes) either 282 directly or indirectly, in the business of the COMPANY to be conducted here, and 283 that no such person shall have any such interest at any time during the term of this 284 Agreement. 285 286 (C) Pursuant to Section 216.347, Florida Statutes, the COMPANY hereby agrees that 287 monies received from the CITY pursuant to this Agreement will not be used for the 288 purpose of lobbying the Legislature or any other State or Federal Agency. 289 290 SECTION 16. - Equal Opportunity Employment 291 292 (A) The COMPANY agrees that it will not discriminate against any contractor, 293 employee or applicant for employment or work under this Agreement, because or on 294 account of race, color, religion, disability, sex, age, or national origin and will insure 295 that applicants are employed and employees are treated during employment without 296 regard to race, color, religion, sex, age, or national origin. This provision shall include, 297 but not be limited to, the following: retention, award of contracts, employment, 298 upgrading, demotion or transfer, recruitment advertising, layoff or termination, rates 299 of pay or other forms of compensation, and selection for training, including 300 apprenticeship. 301 302 (B) The COMPANY agrees that it will comport all of its activities with the provisions 303 of Chapter 760, Florida Statutes. City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 26 304 305 SECTION 17. - Compliance with Laws and Regulations 306 307 (A) In performing under this Agreement, the parties shall abide by all laws, statutes, 308 ordinances, rules, and regulations pertaining to, or regulating the performance set forth 309 herein, including those now in effect and hereafter adopted. Any material violation of 310 said laws, statutes, ordinances, rules or regulations shall constitute a material breach of 311 this Agreement, and shall entitle the non - violating party to terminate this Agreement 312 immediately upon delivery of written notice of termination to the violating party. 313 314 SECTION 18. - Employee /COMPANY Status 315 316 (A) Persons employed or retained by the COMPANY in the performance of services 317 and functions pursuant to this Agreement shall have no claim to pension, workers' 318 compensation, unemployment compensation, civil service or other employee rights or 319 privileges granted to the CITY'S officers and employees, either by operation of law or 320 by the CITY. 321 322 (B) The COMPANY assumes total responsibility for salaries, employment benefits, 323 contractual rights and benefits, contract payments, federal, state and local employment 324 taxes if any attributable to the COMPANY personnel or contractors, and agrees to 325 indemnify and hold the CITY harmless from any responsibility for same. 326 327 (C) In performing this Agreement, planning, developing, constructing, equipping, and 328 operating the Project or carrying out any of the activities to be carried out by the 329 COMPANY, the COMPANY will be acting independently, in the capacity of an 330 independent entity, and not as a joint venturer, partner, associate, employee, agent or 331 representative of the CITY. 332 333 SECTION 19. - No Third -Party Beneficiaries 334 335 (A) This Agreement is made for the sole benefit of the parties hereto and their 336 respective successors and assigns, including any successor in interest to the 337 COMPANY'S interest in the Project, and is not intended to and shall not benefit any 338 third party. No third party shall have any rights hereunder or as a result of this 339 Agreement or any right to enforce any provisions of this Agreement. 340 341 SECTION 20. - Contingent Fees /Conflicting Employment 342 343 (A) The COMPANY covenants that it has employed and retained only bona fide 344 employees working for the COMPANY and attorneys and consultants, to solicit or 345 secure this Agreement. The CITY warrants that it has not paid or agreed to pay any 346 person, company, corporation, individual or a bona fide employee working for the City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 27 347 COMPANY, any fee, commission, percentage, gift or any other consideration, 348 contingent upon or resulting from the award of the making of this Agreement. 349 350 (B) The COMPANY agrees that at the time of execution of this Agreement it has no 351 retainer or employment agreement, oral or written, with any third party relating to 352 any matter which adversely affect any interest or position of the CITY. The 353 COMPANY shall not accept during the terms of this Agreement any retainer or 354 employment from a third party whose interest appear to be conflicting or inconsistent 355 with those of the CITY. 356 357 SECTION 21. - Governing Law /Attorneys' Fees 358 359 This Agreement shall be construed and interpreted according to the laws of the State 360 of Florida. In the event of litigation between the parties arising from or pertaining to 361 this Agreement, the prevailing party shall be entitled to recover from the other, 362 reasonable trial and appellate attorney's fees and costs. 363 364 SECTION 22. - Construction of Agreement 365 366 (A) This Agreement shall not be construed more strictly against one party than against 367 the other merely by virtue of the fact that it may have been prepared by counsel for 368 one of the parties. Its being recognized that both parties, CITY and COMPANY, have 369 contributed substantially and materially to the preparation hereof. 370 371 SECTION 23. - Constitutional and Statutory Limitation on Authority of the 372 CITY 373 374 (A) The terms and conditions of this Agreement placed upon the CITY are applicable 375 only to the extent they are within and consistent with the constitutional and statutory 376 limitations on the authority of the CITY. Specifically, the parties acknowledge that 377 the CITY is without authority to grant or pledge a security interest in any of the 378 CITY's revenue sources or property. 379 380 SECTION 24. - Events of Default /Remedies 381 382 (A) For purposes of this Agreement, "Event of Default" shall mean any of the 383 following: 384 385 (1) The COMPANY shall misapply or cause the misapplication of CITY funds or 386 credits received pursuant to this Agreement. 387 388 (2) Any representation or warranty made by the COMPANY herein or in any 389 statement, invoice or certificate furnished to the CITY in connection with the 390 performance of the Agreement proves to be untrue in a material respect as of the date City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 28 391 of issuance or making thereof and shall not be corrected or brought into compliance 392 within thirty (30) days after written notice thereof to the COMPANY by the CITY. 393 394 (3) The COMPANY shall materially breach any covenant contained in this 395 Agreement and such breach shall not be corrected or cured within thirty (30) days 396 after written notice thereof to the COMPANY by the CITY, provided however; that 397 the CITY may declare a lesser time period in the event that it finds, in its sole and 398 absolute discretion, that such lesser period is necessary to protect the public health, 399 safety or welfare. 400 401 (4) The COMPANY fails to provide to the CITY the written verification, satisfactory 402 to the CITY, of its performance obligations herein. 403 404 (5) The COMPANY fails to expend Grant Funds in accordance with this Agreement. 405 406 (6) The COMPANY fails to create and fill the minimum number of permanent new 407 jobs within the limit prescribed in this Agreement. 408 409 (7) The COMPANY fails to maintain the permanent new jobs created for the time 410 period required by this Agreement. 411 412 (8) The COMPANY fails to maintain an average salary level for such new jobs created 413 equal to or greater than the per annum salary set forth in this Agreement. 414 415 (9) If within forty -five (45) days after receiving written notice from the CITY that an 416 Event of Default has occurred, the COMPANY shall either: (i) refund to the CITY 417 that amount of funds equal to $ per new job not created 418 pursuant to terms of this Agreement; or (ii) refund such disbursed funds which the 419 CITY determines have been misapplied under the terms of this Agreement, or, in the 420 alternative, deposit such funds into the registry of the court, subject to determination 421 of the CITY'S entitlement thereto. The CITY may proceed to assert any and all legal 422 or equitable remedies provided by law. 423 424 SECTION 25. - Counterparts 425 426 (A) This Agreement may be executed in any number of counterparts each of which, 427 when executed and delivered, shall be an original, but all counterparts shall together 428 constitute one and the same instrument. 429 430 SECTION 26. - Headings 431 432 (A) All sections and descriptive headings in this Agreement are inserted for 433 convenience only, and shall not affect the construction or interpretation hereof. 434 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 29 435 SECTION 27. - Time 436 437 (A) Time is of the essence of this Agreement. 438 439 SECTION 28. - Severability 440 441 (A) If any provision, term or clause of this Agreement is determined to be invalid or 442 unenforceable by a Court of competent jurisdiction, said determination shall not, in 443 any way, effect the obligation of the parties as provided for or referred to herein and, 444 to that end, the provisions of this Agreement shall be deemed severable. However, 445 such invalidity or unenforceability shall preclude the continuing effect of this 446 Agreement if a failure of consideration were to occur. 447 448 SECTION 29. - Entire Agreement 449 450 (A) This Agreement constitutes the entire agreement of the parties with respect to the 451 subject matter hereof, and may not be modified or amended except by a written 452 instrument equal in dignity herewith and executed by the parties to be bound thereby. 453 454 (B) No waiver or consent to any departure from any term, condition or provision of 455 this Agreement shall be effective or binding upon any party hereto unless such waiver 456 or consent is in writing, signed by an authorized officer of the party giving the same 457 and delivered to the other party. 458 459 (C) The COMPANY agrees that no representations have been made by the CITY in 460 order to induce the COMPANY to enter into this Agreement other than as expressly 461 stated in this Agreement. 462 463 IN WITNESS WHEREOF, the parties hereto have made and executed this 464 Agreement for the purposes stated herein. 465 466 467 ATTEST: NAME OF CORPORATION 468 469 By: 470 Name, Title 471 472 473 474 475 (CORPORATE SEAL) Date: 476 477 478 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 30 479 480 481 482 ATTEST: WINTER SPRINGS CITY COMMISSION 483 WINTER SPRINGS, FLORIDA 484 485 486 487 B 488 MAYOR JOHN BUSH 489 490 491 492 493 Approved as to form and at their regular Meeting of , 20_. 494 495 496 CITY Attorney 497 498 City of Winter Springs, Economic Development Department JGI Program Agreement DRAFT 31 Jobs Growth Incentive Program Sample Performance Bond 1 CITY OF WINTER SPRINGS JOB GROWTH INCENTIVE PROGRAM 2 (Economic Development Incentive Program) 3 4 SAMPLE 5 PERFORMANCE BOND 6 7 8 KNOW ALL MEN BY THESE PRESENTS: 9 That we, , hereinafter called the "COMPANY" (the 10 principal herein), and , a surety company authorized to do 11 business and doing business in the State of Florida, (hereinafter called "SURETY ") are 12 held and firmly bound to Winter Springs, a political subdivision of the State of 13 Florida, in the full and just sum of ( ), 14 lawful money of The United States of America, to be paid to the Winter Springs City 15 Commission, to which payment well and truly made, we bind ourselves, our heirs, 16 executors, administrators, successors, and assign, jointly and severally, firmly by these 17 presents. 18 19 WHEREAS, the above COMPANY has entered into an Economic Development 20 Incentive Program Agreement with the City of Winter Springs, dated 21 , 2010, (hereinafter referred to as the "AGREEMENT ") in 22 which the COMPANY has made numerous representations, commitments, covenants 23 and agreements and the City has agreed to provide the COMPANY with funds in the 24 amount of ( ), to assist the 25 COMPANY in expansion cost, relocation expenses, equipment purchase, training, and 26 other legitimate business cost incentives needed for the expansion of the COMPANY 27 in the City of Winter Springs, and; 28 29 WHEREAS, the COMPANY has agreed and adjourn hereby covenants and 30 guarantees, among other things, that ( ) new permanent positions will be created 31 and maintained for a period of two (2) years by , and; 32 33 WHEREAS, it is a condition of the AGREEMENT that this bond be executed: NOW 34 THEREFORE, SURETY unconditionally covenants and agrees that if the 35 COMPANY fails to perform all or any part of the AGREEMENT, within the time 36 specified, the SURETY upon forty -five (45) days written notice from the CITY, or its 37 authorized agent or officer, of the default, will forthwith perform and complete the 38 requirements of the AGREEMENT to which the COMPANY and SURETY 39 unconditionally agree. 40 41 The COMPANY and the SURETY further jointly and severally agree that the City of 42 Winter Springs, at its option shall have the right to call once or, up to the amount of 43 this bond, on several occasions the funds guaranteed herein in the event of any failure 44 to adhere to the terms of the AGREEMENT. In the event that the City of Winter City of Winter Springs, Economic Development Department JGI Program Sample Performance Bond DRAFT 31 45 Springs should exercise and give effect to such right, the COMPANY and the 46 SURETY shall be jointly and severally liable hereunder to reimburse the City of 47 Winter Springs City Commission the total amount hereof including, but not limited 48 to, legal cost which may be sustained on account of the failure of the COMPANY to 49 carry out and execute all the provisions of the AGREEMENT or resulting from the 50 SURETY failure to comply with its obligation herein made. 51 52 IN WITNESS WHEREOF, the COMPANY and the SURETY have executed the 53 present 54 performance bond, this day of , 2010. 55 56 Address: 57 58 59 (SEAL) 60 (Company) 61 62 63 64 By: , its 65 (If corporation) CORPORATE SEAL 66 67 68 ATTEST: , its 69 (If corporation) CORPORATE SEAL 70 71 72 73 74 Surety 75 Address: 76 By: 77 ATTEST: 78 79 80 City of Winter Springs, Economic Development Department JGI Program Sample Performance Bond DRAFT 32 Jobs Growth Incentive Trust Fund Annual Performance Report WINTER SPRINGS «t, LNG OPPORTUNIMS TOBUKO DREAMS CITY OF WINTER SPRINGS JOBS GROWTH INCENTIVE TRUST FUND ANNUAL PERFORMANCE REPORT 1. Business Name: Federal I.D. NO. Primary Contact: Title: Address: Phone: 2. Summary of Agent Provisions: On an agreement was executed between (Date) (Company) and the City of Winter Springs containing the following major provisions: A. City to provide $ in Economic Development Funds for (Use of Funds) B. Capital Investment in the amount of $ to be made by by (Company) (Date) C. New jobs created totaling over a year period which jobs are to be created and maintained for a minimum of two (2) years. D. New jobs created to be compensated at a base salary of $ City of Winter Springs, Economic Development Department JGI Trust Fund Annual Performance Report DRAFT 33 E. Surety in the form of provided by the Company to the City of Winter (Type) (Type) Springs for a year duration. City of Winter Springs, Economic Development Department JGI Trust Fund Annual Performance Report DRAFT 34 3. Company verification of capital investment: A. Physical Development to Date: (Describe location and square footage of buildings by type of use, existing or new construction or lease and other major on -site or near site improvements.) B. Property Value, Construction Value, Personal Property (Equipment) and Utility Estimates i. Value of property purchased $ ii. Value of new construction $ iii. Established personal property (equipment) value $ C. Total capital investment $ i. Estimated Annual Utility Costs Water /Sewer $ Electricity $ Gas $ OTHER $ ii. Total Annual Utility Costs $ City of Winter Springs, Economic Development Department JGI Trust Fund Annual Performance Report DRAFT 35 4. Company verification of job creation: A. J N y umber of Jobs on Payroll as of Contract Execution Date Full -time (FTE) Part -time (PTE) Temporary /Seasonal B. Number of Jobs created during reporting period Breakdown of New Jobs by Type /Number /Salary Number of Number of Type New Jobs Months Filled Average Annual Base Salary Management /Administration Professional Technical Service Trades Other C. Average Annual Salary of New Jobs Created (excluding Benefits) $ City of Winter Springs, Economic Development Department JGI Trust Fund Annual Performance Report DRAFT 36 5. Company Verification I hereby acknowledge that the information provided herein is an accurate representation of the company's existing job formation, salary and property values for the reporting period to i n of Chief Company Officer: Signature C e Co pa y0 cer: . Date Printed Name: Date Witnesses: Date Date City of Winter Springs, Economic Development Department JGI Trust Fund Annual Performance Report DRAFT 37 Proposed Return on Investment Spreadsheet Form Name of Company Winter Springs Projects Taxable Value /Capital Investment Building and equipment $9,000,000 Company Information: Financial Services, 25 jobs over $50,000 per year Proposed Location: Winter Springs Incentive Award $2,000 per new job $50,000 Taxing Entities (Ad Valorem): Rate Tax ($) Countywide /General Fund 0.0049000 $ 44,100 0.0050107 Countywide/Transportation 0.0001107 $ 996 Countywide /Debt Service 0.0001451 $ 1,306 $ 46,402 St. Johns River Water Management District 0.0004158 $ 3,742 School Board 0.0077230 $ 69,507 $ 119,651 Countywide Revenue Winter Springs (Millage) 0.0055893 $ 50,304 Voted Debt 0.0001100 $ 990 Fire District 0.0023299 $ 20,969 Total $ 191,914 $ 72,263 City City Return Only Return of Ad Valorem Winter Springs /General Fund Only 1.0 Years 0.99 Winter Springs /All City Millages 0.7 Years 0.69 All countywide Return of Ad Valorem Countywide 0.3 Years 0.26 City of Winter Springs, Economic Development Department Proposed Return on Investment Spreadsheet Form DRAFT 38 WINTER SPRINGS 1 1 D U S I Ili 1 ........„ . ,, : winterspringsfI.org /ed ~ ` • spring 10; ze t � a Take Part in a Growing Tradition! rt �,,� ..,4.w; . --- . . .• _. 10" I .L• ` , . `A � l „� ... . . ' U- . 1. r . j . ■ } CORPORATE HEADQUARTERS ' OPTICS /PHOTONICS LIFE SCIENCE /BIOTECH � � ; • CLEAN -TECH ita �' DIGITAL MEDIA MODELING /SIMULATION .. ' SMALL BUSINESS yt