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O01-32OP, OINANCE $ AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING ORDINANCE 96-47, WHICH PROVIDES FOR ECONOMIC DEVELOPMENT INCENTIVES IN THE PLANNED INDUSTRIAL DEVELOPMENT DISTRICT (PID) IN ORDER TO ALLOW FOR THE DEFERRAL OF BUILDING PERMIT FEES IN ADDITION TO THE WAIVER OF SUCH FEES; PROVDING FOR SEVERABILITY; PROVDING AN EFFECTIVE DATE'. WHEREAS, the City Commission by Ordinance 96-47 created economic ncentives to stimulate economic growth within the Planned Industrial Development District (PD District); and WHEREAS, the City administration has recommended modification of the economic incentive program to attract and sustain additional economic growth in PD Districts; and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF 17HE CITY OF BOYNTON BEACH, FLORDA THAT: Section 1. The recitals set forth above are hereby adopted and incorporated by reference herein to the same extent as if set forth here in full. Section2. Section 3 of Ordinance 96-47 is hereby amended to read as follows: Section 3. Payment of City Impact Fees. Upon application of any Eligible Business submitted prior to the issuance of a building [permit for construction of the Eligible Business' facility within the City and upon a Idetermination that the Eligible Business satisfies the requirements of this ordinance, the [City Commission may, by ordinance and at its sole discretion, cause the City to pay from Ilegally available funds all, or a portion of City impact fees by whatever name known that I ~vould have otherwise been paid by the Eligible Business for water and sewer service ] .~rovided by the City. The City Commission may also decide to_~a,,'~.ent of ~ I I impact ~'ees b ~ the E. li. fble Business. For the purpose of this Section 3, 'City impact I lfees" means a land development regulatory fee charged to a new development which Icreates a need for capital improvements. \\CH\MAINkSHRDATA\CA\ORDkDevelopmentklncentives Amended PID061401LP.doc Section 3. Section 4 of Ordinance 96-47 is hereby deleted in its entirety and a Section 4 is created to read as follows: Section 4. Payment or Deferral of Building Permit Fees. Upon application of business, submitted prior to the issuance of a building permit, and upon a determination that the eligible business satisfies the requirements of this Ordinance, the Commission may, as set forth in a Resolution: 1. Authorize payment on behalf of the eligible business all or part of building permit fees required by Ci_ty Code; or 2. Defer payment of building permit fees for a time certain to be set forth in the body of the Resolution. of this Section 4, "Building Permit Fees" means those fees charged by the mechanical, plumbing, gas, and electrical review and inspection. Section 4. Section 5 of Ordinance 96-47 is hereby amended to read as Section 5. Fees Due ~fFacilit¥ Not Maintained. the payment or deferral of City impact fees contemplated by Section 3 or the waiver or defen'al of building permit fees contemplated by Section 4 the Eligible Business shall remain liable for and obligated to pay such fees if the Eligible Business fails to maintain the corporate headquarters or manufacturing an industrial facility in the City of fails to employ at least fifty (50) individuals at that facility for a period of three (3) following the issuance of the certificate of occupancy for the facility. Section 5. If any part of this Ordinance is determined to be invalid or illegal, the remaining portion of this Ordinance shall not be affected by such determination and shall remain in full force and effect. Section 6. This Ordinance shall become effective immediately upon its enactment by the City Commission. \\CHLMAI~SHRDATA\CA\ORD\Development\Incentives Amended PID061401LP.doc ?IRST READING this Iq day of June, 2001. 5ECOND, FINAL READING AND PASSAGE this ~ day of July, 2001. Commissioner Commissioner \\CHhMAIN~HRDATA\CA\ORDXDevelopment~ncentives Amended P1D061401LP.doc