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7OR BK 42 2 PG <br /> 2 of 6 • <br /> WHEREAS,the City of Zephyrhills' part of the Tampa Bay Metropolitan <br /> Area on the west coast of Florida which is ranked the 21st largest metropolitan <br /> area in the United States; and <br /> WHEREAS, the City Council of the City of Zephyrhills has decided that <br /> the development of clean job-producing industry or expansion of such industry is <br /> a benefit to the City of Zephyrhills. <br /> NOW THE EFOR4 BE IT ORDAINED ED by the City Council of the City <br /> of Zephyrhills, as follows: <br /> SECTION I. Criteria for Economic Development Incentives. <br /> The City Council of the City of Zephyrhills is hereby authorized to provide <br /> economic development incentives pursuant to the terms of this ordinance for those <br /> particular development projects within the City limits, which the City Council of <br /> the City of Zephyrhills determines meets the following criteria: <br /> 1. The project must be non-residential, and non-retail in character; or <br /> 2. The business must serve a public purpose by advancing the <br /> economic prosperity and the general welfare of the people with consideration to <br /> the overall environment of the City; or <br /> 3. The project is a hotel/motel development with a minimum of 100 <br /> rooms/units; or <br /> 4. The project is a regional mall or a factory outlet mall containing a <br /> minimum of 200,000 square feet;and <br /> 5. The business activity provides specific benefits to the City <br /> including, but not limited to, increased ad valorem taxation, employment, <br /> education, increased revenues for existing City utilities, and increased state-shared <br /> or local option revenues; and <br /> 6. The proposed business activity generates more in terms of City <br /> revenues than it consumes in City services; and <br /> 7. The business is appropriate to the needs and circumstances of and <br /> will make a significant contribution to the economic growth of the City; and <br /> 8. The business will provide gainful full-time employment to the <br /> citizens of the City; and <br /> 9. Specific Minimum Qualification Criteria for. <br /> A. New Businesses <br /> i. 15 full-time employees and 10,000 square feet of enclosed <br /> permanent structure; and <br /> ii. Average annual income per full time position will be at least <br /> 80% of the Median 1 Person Income of the Tampa MSA as <br /> reported by the U.S. Department of Housing and Urban <br /> Development; or <br />