Broward County Commission Regular Meeting
Director's Name: Sandy-Michael McDonald
Department: Economic and Small Business Development
Information
Requested Action
title
MOTION TO DIRECT Office of the County Attorney, in consultation with the Office of Economic and Small Business Development, to draft an Ordinance amending various sections of the Broward County Economic Incentives Act related to County incentive programs.
body
Why Action is Necessary
Board direction is required for the Office of the County Attorney to draft an Ordinance.
What Action Accomplishes
Provides required direction to the Office of the County Attorney.
Goal Related Icon(s)
☒County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
On June 13, 2023, the Board approved Ordinance for the enactment of the Strategic Job Creation Incentive Program.
Summary Explanation/Background
THE OFFICE OF ECONOMIC AND SMALL BUSINESS DEVELOPMENT (OESBD) RECOMMENDS APPROVAL OF THE ABOVE MOTION.
This item supports the Board’s vision of “a vibrant economy with a diverse, skilled workforce, in a County offering unique advantages that attract all types of businesses to create equitable, countywide prosperity,” through the value of “ensuring economic opportunities for all people and businesses in Broward.”
As part of the implementation of the new Strategic Job Creation Incentive Program enacted on June 13, 2023, and as a result of feedback from the County Auditor, amendments are recommended to clarify the requirements of the new Strategic Job Creation Incentive Program and the existing Direct Cash Incentive Program. The proposed amendments will update the definitions and clarify some of the requirements of the two incentive programs.
Source of Additional Information
Sandy-Michael McDonald, Director, Office of Economic and Small Business Development.
Fiscal Impact
Fiscal Impact/Cost Summary
No fiscal impact.