DEPARTMENT MAKING REQUEST
Economic Development
Title
title
Project Mike
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REQUESTED MOTION/ACTION
recommendation
Recommended Action:
Adopt Resolution and Approve Program Agreement authorizing $41,000 $35,000 Economic Development Incentive to attract Latitude Tournament Boats & Attitude Airboats, Inc. as inducement to bring new jobs and capital investment to Charlotte County for their new manufacturing facility.
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budget
Budgeted Action:
In June 2011, the BCC approved the creation of a dedicated funding source for future Economic Incentives. As of 9/1/2020, the total available budget after reserves for the Business Recovery Grant Program is $1,597,325.00 $1,456,175. Financial Impact Summary Statement: Funding for this item is budgeted in the General Fund.
**Change, Updated wording, Added attachments - Resolution revised, Program Agreement revised, 9/2/2020**
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BACKGROUND (Why is this Action Necessary, and What Action will be accomplished)
body
Background:
Enter text here
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