File #: 24-1518   
Status: Agenda Ready
In control: OFFICE OF ECONOMIC AND SMALL BUSINESS DEVELOPMENT
Agenda Date: 11/12/2024 Final action: 11/12/2024
Title: A. MOTION TO ADOPT Resolution approving Project Maverick for a Broward County Strategic Job Creation Incentive pursuant to Section 91/2-52, Broward County Code of Ordinances, in the total amount of $81,200 for Fiscal Years 2024 through 2032, based on the creation of 116 new, high wage/high skill jobs. ACTION: (T-10:46 AM) Approved Resolution No. 2024-502. VOTE: 9-0. B. MOTION TO AUTHORIZE County Administrator to execute all necessary documents, including agreements and associated amendments, to effectuate and administer Project Maverick's participation in the Broward County Strategic Job Creation Incentive Program, including to approve any changes to the job creation schedule for Project Maverick, subject to review for legal sufficiency by the Office of the County Attorney and provided there is no increase in the County's total financial commitment. ACTION: (T-10:46 AM) Approved. VOTE: 9-0.
Indexes: Established Commission Goals
Attachments: 1. Exhibit 1 - Resolution, 2. Exhibit 2 - Tax Revenue Incentive Payout Analysis
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting
Director's Name: Sandy-Michael McDonald
Department: Economic and Small Business Development

Information
Requested Action
title
A. MOTION TO ADOPT Resolution approving Project Maverick for a Broward County Strategic Job Creation Incentive pursuant to Section 91/2-52, Broward County Code of Ordinances, in the total amount of $81,200 for Fiscal Years 2024 through 2032, based on the creation of 116 new, high wage/high skill jobs.

ACTION: (T-10:46 AM) Approved Resolution No. 2024-502.

VOTE: 9-0.

B. MOTION TO AUTHORIZE County Administrator to execute all necessary documents, including agreements and associated amendments, to effectuate and administer Project Maverick's participation in the Broward County Strategic Job Creation Incentive Program, including to approve any changes to the job creation schedule for Project Maverick, subject to review for legal sufficiency by the Office of the County Attorney and provided there is no increase in the County's total financial commitment.

ACTION: (T-10:46 AM) Approved.

VOTE: 9-0.

body
Why Action is Necessary
A. Board approval is required for participation in any County economic incentive program.

B. Board approval is required to authorize the County Administrator to execute any documents necessary to implement and administer the approved economic development incentives

What Action Accomplishes
A. This action will allow the Office of Economic and Small Business Development ("OESBD") to offer economic incentives to Project Maverick to facilitate its expansion in Broward County.

B. This action authorizes the County Administrator to execute all the necessary documents to effectuate and administer Project Maverick's participation in the Broward County Strategic Job Creation Incentive Program.

Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward

Previous Action Taken
No previous action taken.

Summary Explanation/Background
THE OFFICE OF ECONOMIC AND SMA...

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