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HomeMy WebLinkAboutSUMMARY FORMAGENDA ITEM SUMMARY FORM FILE ID: Date: 9/1/2010 Commission Meeting Date: 9/16/2010 /a- Orv6� Law Department Matter ID No. Requesting Department: City Manager s Office District Impacted: Citywide Type: ❑ Resolution /1 Ordinance n Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Ordinance Granting Ad -Valorem Tax Exemptions for Enterprise Zone Businesses Purpose of Item: It is recommended that the City Commission approve the attached ordinance granting an Enterprise Zone Ad Valorem Tax Exemption to eligible businesses, pursuant to the provision of Section 196.1995, Florida Statutes, and City of Miami Ordinance 12308. Background Information: See Supporting Memoranda Budget Impact Analysis YES Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue AccoT :.' No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance ( Est: Total fiscal Impact: $312,864.00 Final A rova (5IGP: AND DAT CIP Budget If using or receiving capital funds Grants Risk Management Purchasing Dept. Director Chief City Manager Page 1 of 1