Commission to consider 100K incentive grant

 

Commission to consider 100K incentive grant

 

Date: May 19, 2014
by: Alex Mahadevan | Digital Content Producer

 
 

Sarasota County commissioners will consider using tax dollars to help a local company expand into a new facility during a regular meeting Tuesday.

The Economic Development Corporation of Sarasota County and county staff have recommended a $100,000 economic incentive grant for an unnamed manufacturing firm that expects to invest $5.7 million into plans for a new building, according to a staff memo. The company, listed under the code name "Project Fowl," would hire 50 new employee over the next five years as part of the agreement.

The county has roughly $6.4 million to spend on economic development projects.

During the meeting, the County Commission will also discuss:
+ An update on the local homeless initiative
+ A public hearing on the extension of temporary use permits for special events in the Siesta Key Overlay District, with the addition of Halloween
+ Progress on the Fruitville Initiative, and ambitious development plan for more than 400 acres east of I-75
+ Support for a $150,000 state grant for Marie Selby Botanical Gardens
+ A presentation from the Parks Advisory and Recreation Council on its annual report

IF YOU GO
What: Sarasota County Commission meeting
When: 9 a.m. Tuesday, May 20
Where: Commission Chambers, Administration Building, 1660 Ringling Blvd.

 

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