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83-NN N RESOLUTION O. [~/ ~/' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH APPROVING THE DESIGNATION OF AN ENTERPRISE ZONE WITHIN THE CORPORATE LIMITS WHEREAS, the City of Boynton Beach has determined its need for the benefits of the Tax Credits for New Jobs (Chapter 80-247, Laws of Florida) ; and the Tax Credit for New or Expanded Businesse~ (Chapter 80-248, Laws of Florida); and, WHEREAS, it is required by the Rule of the Department of Veteran and Community Affairs, Division of Local Resource Manage- ment, Chapter 9B-15, that such benefits can only be accrued upon designation of an area(s) as enterorise zone(s) in accordance with Florida Statutes 163.355; and, WHEREAS, an area within the City of Boynton Beach consisting of Census Tracts 56, 57, and 61 has been shown to exhibit charac- teristics of population and economic vitality which are signifi- cantly different from the City as a whole; and, WHEREAS, Census tracts 56, 57 and 61 taken collectively have substantially higher levels of physical, economic and fiscal dis- tress than exists in the City as a whole; and, WHEREAS, Census tracts 56, 57 and 61 are more particularly defined as an area located north of Ocean Avenue, west of the Intracoastal Waterway south of a line which meanders and forms the northern City Limit and east of the Seaboard Coastline Railroad. NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA. Section 1. That the City Council finds that the area defined above, exhibits characteristics which vary significantly from the City as a whole. Section 2. That the area defined above is found to be an Enterprise Zone. Section 3. That two certified copies of this Resolution are to be forwarded to the Department of Veteran and Community Affairs Division of Local Resource Management. PASSED AND ADOPTED THIS ~,/~_~.. ~ day of , 1983 CITY OF BOYNTON BEACH By: MAYOR ~{/V I CE ~LAYOR COUNCIL MEMBER C UN COUNCIL MEMBER-- ATTEST: CORP. SEAL)