HomeMy WebLinkAboutResolution 2011-29 Establishing An Economic Grant Fund For Assistance To Incubation Business Program RESOLUTION NO. 2011-29
A RESOLUTION OF THE CITY COMMISSION OF THE
CITY OF WINTER SPRINGS, SEMINOLE COUNTY,
FLORIDA, ESTABLISHING AN ECONOMIC
DEVELOPMENT GRANT FUND AND APPLICATION
PROCESS TO ASSIST ELIGIBLE CITY BUSINESSES
WITHIN THE UNIVERSITY OF CENTRAL FLORIDA
INCUBATION BUSINESS PROGRAM; PROVIDING FOR
THE REPEAL OF PRIOR INCONSISTENT RESOLUTIONS,
SEVERABILITY AND AN EFFECTIVE DATE.
WHEREAS, the City is granted the authority, under § 2(b), Art. VIII of the State
Constitution, to exercise any power for municipal purposes, except when expressly prohibited by
law; and
WHEREAS, the City of Winter Springs and Seminole County collect fees for commercial
business tax receipt applications; and
WHEREAS, the City Commission desires to assist City businesses enrolled in the University
of Central Florida Incubation Business Program with payment of City and County business tax
receipt fees; and
WHEREAS, the City Commission desires to establish an economic development grant fund
to pay the cost of business tax receipts fees for eligible City businesses that are enrolled in the
Incubation Program; and
WHEREAS, the City Commission of the City of Winter Springs finds that this Resolution
is in the best interests of the public health, safety, and welfare of the citizens of Winter Springs.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF
THE CITY OF WINTER 5PRINGS, SEMINOLE COUNTY, FLORIDA, THAT:
Section 1. Incorporation of Recitals. The foregoing recitals are deemed true and
correct and are hereby fully incorporated herein by this reference.
Section 2. Establishment of Economic Development Grant Fund. The City
Commission hereby establishes an economic development grant fund ("Fund") for the purpose of
paying the cost of City and County business tax receipt fees for eligible City businesses that are
enrolled in the University of Central Florida Incubation Business Program ("Incubation Program").
The City Commission is hereby authorized to allocate money to the Fund as it deems appropriate.
Nothing herein shall obligate the City Commission to allocate money to the Fund at any time.
City of Winter Springs
Resolution No. 2011-29
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Section 3. Eligibilitv and Application Process. In order to be eligible to receive
money from the Fund for payment of business tax receipt fees, a business located within the City
must file its business tax receipt application with the City and shall include with it a certification
from the University of Central Florida that the CiTy business is currently enrolled in the Incubation
Program. The City shall process the application for the business tax receipt in the same manner as
it processes other business tax receipt applications, except that on approval of the application, the
City may utilize available money within the Fund to pay applicable City and County business tax
receipt fees on behalf of the business. Eligible City businesses shall receive money from the Fund
to the extent such money is available on a first-come, first-served basis.
Section 4. Severabilitv. If any section, subsection, sentence, clause, phrase, word, or
portion of this Resolution is for any reason held invalid or unconstitutional by a court of competent
jurisdiction, whether for substantive or procedural reasons, such portion shall be deemed a separate,
distinct, and independent provision, and such holding shall not affect the validity of the remaining
portions of this Resolution.
Section 5. Repeal of Prior Inconsistent Resolutions. All prior resolutions or parts of
resolutions in conflict herewith are hereby repealed to the extent of the conflict.
Section 6. Effective Date. This Resolution shall become effective immediately upon
its adoption by the City Commission of the City of Winter Springs, Florida.
ADOPTED by the City Commission of the City of Winter Springs, Florida, in a regular
meeting assembled on this 27th day of June, 2011.
CHARL � L� �", Mayor
ATTES : �,.,
�°"
A ORENZO-LUACES, City Clerk
Approved as to legal form and sufficiency for
the City o�ter Springs only:
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ANTHONY A. GARGANESE, City Attorney
City of Winter Springs
Resolution No. 2011-29
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