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Polk County Green Zone




                    Version: 5
                    26 Jan 2012
Goal: To Provide the Private Sector with Economic   2


               Development Tools
            Along the US-17 Corridor
3




               Partnerships
          The Redevelopment of the US-17 Corridor



Polk County                      Eloise CRA
  (CFDC)                             Bartow CRA
  Bartow                             Eagle Lake CRA
  Eagle Lake                         Fort Meade CRA
  Fort Meade                         Bartow Airport
  Lake Wales                         Lake Wales CRA
  Mulberry
Economic Development
Layering three non-regulatory tools:

1. Florida Enterprise Zone
2. Foreign Trade Zone
3. Property Assessed
   Clean Energy (PACE)




                                       4
Economic Development
Layering three non-regulatory tools:

1. Florida Enterprise Zone
   Benefits:

   • Creates a designated
     geographical area where private
     enterprise is encouraged
     through tax benefits, special
     financing, and other incentives.
   • For use in areas with unacceptable levels of
     unemployment, physical deterioration, and economic
     disinvestment.

   • Chapter 290, Florida Statutes
                                                          5
6
7
Economic Development
2. Foreign Trade Zone
  Benefits:

  • Manufacturing businesses
    engaged in exports may have
    duty taxes waived, relief from
    tariffs, and/or improve cash flow
    by delaying duty payments.

  • Incentivize export companies to
    open factories within the zone
    creating jobs.

  • Capitalizing the expansion of
    the Panama Canal.

                                        8
9

                                              Economic Development
                                             3. Property Assessed Clean Energy (PACE)
http://www.youtube.com/watch?v=qqg9wYkjNAM



                                                • Financing is repaid through
                                                  assessment of property taxes for
                                                  up to 20 Years.
                                                Benefits:                             SOLAR ENERGY

                                                                                      WEATHERIZATION
                                                • Voluntary program that allows
                                                  property owners to finance energy
                                                  efficiency and renewable energy
                                                  projects with no government
                                                  subsidies.


                                                • Creates jobs and a local demand.
                                                                                               HVAC
                                                • Improves property value.                 LIGHTING

                                                                                          INSULATION
Green Zone
Other valuable considerations:
1.    The need for high speed fiber internet access along US – 17. Fiber
      infrastructure already exists between Fort Meade and the Bartow
      Airport. It needs to be made available to the private sector.
2.    Polk State Community College may provide local businesses with
      industry standard certification programs.
3.    Natural Resources:
     1.   Peace River, Lake Hancock, Peace Creek, Mosaic Peace River Park,
          Patterson Park and Saddle Creek.
     2.   Extension of the Polk County trail system to Fort Meade and Eagle Lake
          along the US – 17 corridor.
4.    Public Transportation studies and improvements.
5.    Bartow Airport provides air transportation and services.
6.    Polk Parkway tentative expansion plan.
7.    Build on existing « green(er) » industry along the US – 17 corridor:
      Greenovative, EcoGen and Progress Energy’s Hines Energy Complex.


                                                                                   10
Contact Information
Patrick Brett                                               Melody Bell
Bartow Community Redevelopment Agency, Executive Director   Polk County Commissioner
urbananalyst@gmail.com 863.512.1299                         melonybell@polk-county.net 863.534.6000

                                                            Jim DeGenero
Larry Madrid, Bartow Chamber of Commerce, past-President    Central Florida Development Council
Madrid Engineering, President                               Senior Marketing Manager
lmadrid@madridengineering.com 863.533.9007                  dege@cfdc.org 863.551.4712

David Turley                                                Alan Rayl
Greenovative Design & Engineering, President                Rayl Engineering and Surveying, President
dturley@madridengineering.com 863.533.9007                  Bartow CRA Chairperson
                                                            alan@rayleng.com 863.533.0302
Fred Hilliard
                                                            George Long,
Fort Meade, City Manager                                    Bartow, City Manager
fhilliard@cityoffortmeade.com 863.285.1100                  glong@cityofbartow.net 863.534.0100

Bob Kelley                                                  Rodney Carson, Director
Caldwell Banker                                             Economic Development -- CFDC
bbkelly1149@verizon.net 863.221.0932                        rcarson@cfdc.org 863.551.4719

Pete Gardner                                                Harold Gallup, Economic Development Director
Eagle Lake, City Manager                                    City of Lake Wales
                                                            hgallup@cityoflakewales.com
citymanager@eaglelake-fla.com 863.232.6211                  (863) 678-4182 ext. 224
Dr. Frank Satchel, City Manager
City of Mulberry fsatchel@cityofmulberryfl.com
                                                                                                    11

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Polk county green zone

  • 1. 1 Polk County Green Zone Version: 5 26 Jan 2012
  • 2. Goal: To Provide the Private Sector with Economic 2 Development Tools Along the US-17 Corridor
  • 3. 3 Partnerships The Redevelopment of the US-17 Corridor Polk County Eloise CRA (CFDC) Bartow CRA Bartow Eagle Lake CRA Eagle Lake Fort Meade CRA Fort Meade Bartow Airport Lake Wales Lake Wales CRA Mulberry
  • 4. Economic Development Layering three non-regulatory tools: 1. Florida Enterprise Zone 2. Foreign Trade Zone 3. Property Assessed Clean Energy (PACE) 4
  • 5. Economic Development Layering three non-regulatory tools: 1. Florida Enterprise Zone Benefits: • Creates a designated geographical area where private enterprise is encouraged through tax benefits, special financing, and other incentives. • For use in areas with unacceptable levels of unemployment, physical deterioration, and economic disinvestment. • Chapter 290, Florida Statutes 5
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  • 8. Economic Development 2. Foreign Trade Zone Benefits: • Manufacturing businesses engaged in exports may have duty taxes waived, relief from tariffs, and/or improve cash flow by delaying duty payments. • Incentivize export companies to open factories within the zone creating jobs. • Capitalizing the expansion of the Panama Canal. 8
  • 9. 9 Economic Development 3. Property Assessed Clean Energy (PACE) http://www.youtube.com/watch?v=qqg9wYkjNAM • Financing is repaid through assessment of property taxes for up to 20 Years. Benefits: SOLAR ENERGY WEATHERIZATION • Voluntary program that allows property owners to finance energy efficiency and renewable energy projects with no government subsidies. • Creates jobs and a local demand. HVAC • Improves property value. LIGHTING INSULATION
  • 10. Green Zone Other valuable considerations: 1. The need for high speed fiber internet access along US – 17. Fiber infrastructure already exists between Fort Meade and the Bartow Airport. It needs to be made available to the private sector. 2. Polk State Community College may provide local businesses with industry standard certification programs. 3. Natural Resources: 1. Peace River, Lake Hancock, Peace Creek, Mosaic Peace River Park, Patterson Park and Saddle Creek. 2. Extension of the Polk County trail system to Fort Meade and Eagle Lake along the US – 17 corridor. 4. Public Transportation studies and improvements. 5. Bartow Airport provides air transportation and services. 6. Polk Parkway tentative expansion plan. 7. Build on existing « green(er) » industry along the US – 17 corridor: Greenovative, EcoGen and Progress Energy’s Hines Energy Complex. 10
  • 11. Contact Information Patrick Brett Melody Bell Bartow Community Redevelopment Agency, Executive Director Polk County Commissioner urbananalyst@gmail.com 863.512.1299 melonybell@polk-county.net 863.534.6000 Jim DeGenero Larry Madrid, Bartow Chamber of Commerce, past-President Central Florida Development Council Madrid Engineering, President Senior Marketing Manager lmadrid@madridengineering.com 863.533.9007 dege@cfdc.org 863.551.4712 David Turley Alan Rayl Greenovative Design & Engineering, President Rayl Engineering and Surveying, President dturley@madridengineering.com 863.533.9007 Bartow CRA Chairperson alan@rayleng.com 863.533.0302 Fred Hilliard George Long, Fort Meade, City Manager Bartow, City Manager fhilliard@cityoffortmeade.com 863.285.1100 glong@cityofbartow.net 863.534.0100 Bob Kelley Rodney Carson, Director Caldwell Banker Economic Development -- CFDC bbkelly1149@verizon.net 863.221.0932 rcarson@cfdc.org 863.551.4719 Pete Gardner Harold Gallup, Economic Development Director Eagle Lake, City Manager City of Lake Wales hgallup@cityoflakewales.com citymanager@eaglelake-fla.com 863.232.6211 (863) 678-4182 ext. 224 Dr. Frank Satchel, City Manager City of Mulberry fsatchel@cityofmulberryfl.com 11