Resolution 2021-31909RESOLUTION NO. 2021-31909
A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF
MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF THE
FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS OCTOBER 22,
2021 MEETING, AND APPROVING AND AUTHORIZING THE CITY MANAGER
TO EXECUTE AN AGREEMENT WITH WIX.COM, INC. FOR PARTICIPATION IN
THE JOB CREATION INCENTIVE PROGRAM (THE "PROGRAM"), IN AN
AMOUNT NOT TO EXCEED $60,000 PER YEAR, FOR UP TO THREE (3)
YEARS, SUBJECT TO FUNDING APPROPRIATION AND APPROVAL DURING
THE CITY'S BUDGETARY PROCESS FOR EACH FISCAL YEAR DURING THE
TERM OF THE AGREEMENT.
WHEREAS, the Mayor and City Commission have identified the need for making Miami
Beach more business and user-friendly as a key objective in the City's 2019 Strategic Plan; and
WHEREAS, in recent years, the City of Miami Beach has become more economically
diverse with the establishment of headquarters and offices among the technology and financial
services industries with the potential for a hub to develop; and
WHEREAS, in recent months and in correlation with the COVID-19 pandemic, Miami
Dade County has seen an uptick in relocations of technology and financial services firms from the
Northeast, Silicon Valley and other regions; and
WHEREAS, median and average wages among the technology and financial services
industries are substantially higher than median and average wages in Miami -Dade County; and
WHEREAS, on February 19, 2021, the Finance and Economic Resiliency Committee
unanimously recommended that the City Commission prioritize the attraction of technology an
financial services firms to the city in order to diversity the economy and promote resiliency; and
WHEREAS, the Mayor and City Commission recognize the benefits of a local approach
to growing these industries in the City of Miami Beach in consideration of the competitive regional
and national market; and
WHEREAS, the Mayor and City Commission seek to further diversify the Miami Beach
economy by attracting, retaining and expanding businesses in these targeted industries through
the development of inducements and services to promote growth; and
WHEREAS, financial incentives related to the attraction, retention or expansion of
businesses in the technology and financial services industries promote economic diversification,
resiliency and an enhanced business climate; and
WHEREAS, on March 17, 2021, the Mayor and City Commission adopted Resolution No.
2021-31618, directing the Administration to encourage and promote the attraction of these
targeted industries; and
WHEREAS, on March 17, 2021, the Mayor and City Commission also adopted Resolution
2021-31620, authorizing the Administration to create a Job Creation Incentive Program ("JCIP"
or "Program") for the purpose of attracting targeted industries to Miami Beach; and
WHEREAS, the JCIP is a performance-based financial incentive available to technolog'.
and financial services firms and headquarters relocating to or expanding in the City of Miarrl
Beach; and
WHEREAS, the purpose of the JCIP is to diversify the economy by strategically increas
the number of quality, high -wage jobs in Miami Beach; and
WHEREAS, recipients of the JCIP must create or relocate a minimum of ten (10) new,
fulltime equivalent jobs with average annual wages meeting or exceeding 125% of the State of
Florida or Miami -Dade County average wage, whichever is higher, at the time of application tc
the Program; and
WHEREAS, Existing Expanding companies that are recipients of the JCIP may be eligiblg
for an award of up to $60,000 per year for a total of three (3) years, subject to the appropriation
and approval of the Incentive payment during the City's budgetary process for each fiscal year;
and
WHEREAS, WIX.COM, INC. ("WIX"), a Delaware corporation, is a software compa
headquartered in Tel Aviv, Israel, with national headquarters in San Francisco and an existi
regional office in Miami Beach, that applied for the JCIP and intends to expand in Miami Bea
and create more than (10) high wage jobs; and
WHEREAS, on October 22, 2021, the Finance and Economic Resiliency Committ
recommended approval of WIX's JCIP application based on its qualifications as an Existi
Expanding company within the targeted industries and other criteria including high -wage j
creation; and
WHEREAS, the City Manager recommends accepting the recommendation of the Financ
and Economic Resiliency Committee and executing an Agreement with WIX, based upon th
agreement template attached to the City Commission Memorandum accompanying thl
Resolution, for participation in the Program.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CI'
COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and C
Commission hereby accept the recommendation of the Finance and Economic Resilier
Committee, at its October 22, 2021 meeting, and approve and authorize the City Manager
execute an Agreement with WIX.COM, INC. for participation in the Job Creation Incenti
Program (the "Program"), in an amount not to exceed $60,000 per year, for up to three (3) yea
subject to funding appropriation and approval during the City's budgetary process for each fis
year during the term of the Agreement.
PASSED and ADOPTED this P day of odd bete 2021.
ATTEST:
NOV 0 12028
x1ly
Rafael E. Granado, City Clerk
Dan Gelber, Mayor
APPROVED AS TO__I
FORM & LANGUAGE
& FOR EXECUTIONS
I
Date
City Attorney tr7r
Agenda Item: C7 B
Date: 10-27-2021
MIAMIBEACH
City of Miami Beach, 1700 Convention Center Drive, Miami Beach, Florida 33139, www.miamibeachfl.gov
COMMISSION MEMORANDUM
TO: Honorable Mayor Dan Gelber and hers of the City Commission
FROM: Alina T. Hudak, City Manae
DATE: October 27, 2021
SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF
THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS
OCTOBER 22, 2021 MEETING, AND APPROVING AND AUTHORIZING THE
CITY MANAGER TO EXECUTE AN AGREEMENT WITH WIX.COM, INC.
FOR PARTICIPATION IN THE JOB CREATION INCENTIVE PROGRAM
(THE "PROGRAM"), IN AN AMOUNT NOT TO EXCEED $60,000 PER YEAR,
FOR UP TO THREE (3) YEARS, SUBJECT TO FUNDING APPROPRIATION
AND APPROVAL DURING THE CITY'S BUDGETARY PROCESS FOR EACH
FISCAL YEAR DURING THE TERM OF THE AGREEMENT.
Recommendation
The Administration recommends that the Mayor and City Commission adopt the attached
Resolution, approving and authorizing the City Manager to execute an agreement with
WIX.COM, INC. ("Wix") for participation in the Job Creation Incentive Program (the
"Program") in an amount not to exceed $60,000 per year, for up to three (3) years.
Background
The Mayor and City Commission identified the need for making Miami Beach more
business and user-friendly as a key objective in the City's 2019 Strategic Plan. As one of
Miami -Dade County's top economic drivers, the City of Miami Beach has traditionally
offered a robust atmosphere for business, with particular emphasis on the thriving tourism
and hospitality industries. In recent years, and in the wake of natural disasters and public
health emergencies, the City Commission and Administration have prioritized
diversification of the local economy to increase resiliency and position the city as a healthy
business destination.
With an influx of financial services and technology companies flocking to the region, on
March 17, 2021, the Mayor and City Commission adopted Resolution No. 2021-31618,
establishing financial services and technology as targeted industries and directing the
Administration to encourage and promote the attraction of these industries in order to
diversify the economy and enhance resiliency.
The Mayor and City Commission recognize the benefits of a local approach to growing
these industries in consideration of the competitive regional and national market. In an
effort to capitalize on the regional momentum and diversify the city's industry clusters, the
Mayor and City Commission took further action by adopting Resolution No. 2021-31619,
to attract, retain and expand businesses in these targeted industries through the
development of inducements and services, such as the Expedited Plan Review and
Permitting Incentive Program.
61
WIX Job Creation Incentive Program
October 27, 2021
Page 2 of 3
Given median and average wages among the financial services and technology industries
are substantially higher than median and average wages in Miami -Dade County, financial
incentives related to the attraction, retention and expansion of businesses in these
industries promote economic diversification, resiliency and an enhanced business climate.
On March 17, 2021, the Mayor and City Commission adopted Resolution 2021-31620,
authorizing the Administration to create a Job Creation Incentive Program (the "JCIP" or
"Program") for the purpose of attracting targeted industries to Miami Beach. The Program
offers a performance-based financial incentive available to technology and financial
services firms and headquarters relocating to or expanding in the City of Miami Beach.
The purpose of the Program is to diversify the economy by strategically increasing the
number of quality, high -wage jobs in Miami Beach. Program participants must create or
relocate a minimum of ten (10) new, fulltime equivalent jobs with average annual wages
meeting or exceeding 125% of the State of Florida or Miami -Dade County average wage,
whichever is higher, at the time of application. After each annual performance period,
participants are eligible to receive an incentive based on number of new and relocated
employees with additional incentives for participants locating in North Beach, and those
hiring Miami Beach residents and employees with education or training received at local
institutions.
New -to -market companies that are recipients of the incentive may be eligible for an award
of up to $60,000 per year for four (4) years. Expanding companies are eligible for an award
of up to $60,000 per year for three (3) years.
Inaugural JCIP recommendations for GMF Capital and Melvin Capital were recommended
for City Commission approval by the Finance and Economic Resiliency Committee on
September 24, 2021 and were subsequently approved by the City Commission on
September 30, 2021.
ANALYSIS
The Economic Development Department markets and promotes the City Commission -
approved targeted industry inducement and incentive programs to Chief Executive
Officers, Chief Investment Officers, prospective and existing business owners, property
owners, brokers, realtors, and business stakeholder groups.
After months of discussions, the City received a Program application from WIX.COM, INC.
("Wix"). Wix, is a software company providing cloud -based web development services.
Headquartered in Tel Aviv, Israel, with national headquarters in San Francisco, Wix also
has an existing regional office in Miami Beach and is the first existing expanding
technology company to apply for the JCIP. In addition, Wix plans to participate in the
Expedited Plan Review and Permitting Incentive Program to assist with building permits.
Wix is planning to invest $3.8 million in capital improvements including construction,
furniture, fixtures and equipment and intends to expand its existing regional office footprint
in Miami Beach to grow from 33,458 sq ft to 48,527 sq ft. The company currently has 302
employees in their Miami Beach office and plans to significantly scale by hiring an
additional 50 employees within the next twelve months and a total of 150 employees over
the next three years with average annual wages of $69,856.47. The Administration has
been discussing incentives with the company since mid-August. The Administration is
recommending this expanding company for the JCIP in order to support the growth of
existing technology firms.
63
WIX Job Creation Incentive Program
October 27, 2021
Page 3 of 3
Wix: Project
Summary
Industry and business services
Technology; software and web
development services
Location
1691 Michigan Avenue
Type of Office
Regional Office
Lease Term
7.5 -years with renewal options
Office Size
Increase from 33,458 to 48,527 sq ft
Capital Investment
$3.8 million
New or Relocated Jobs
50 (year 1); 150 (over 3 years)
Average Wages
$69,856.47
Estimated annual award amount
$60,000
Estimated final award amount
$180,000 (over 3 years)
Economic Impact Analysis (IMPLAN)
See Exhibit A
On October 22, 2021, the Finance and Economic Resiliency Committee recommended
approval of Wix's application based on its qualifications as an existing expanding company
within the targeted industries and other criteria including high -wage job creation.
SUPPORTING SURVEY DATA
Based on the 2019 Miami Beach Community Satisfaction Survey, 59.9% of businesses
would recommend the City of Miami Beach to others as a place to run a business. It is
anticipated that this percentage will increase over time as the economy diversifies and
companies within the targeted industries relocate to Miami Beach and promote the City's
incentive programs to industry peers.
FINANCIAL INFORMATION
The fiscal impact to the City is up to $60,000 per year for three (3) years subject to funding
appropriation and approval during the budgetary process for each fiscal year during the
term of the agreement. Funding for the Program has been appropriated in the Fiscal Year
2021-2022 budget.
CONCLUSION
Given the City Commission's goal to market the city and attract, retain, and expand top-
notch financial services and technology firms, the Administration is recommending Wix for
Program approval. Their expansion within the city will have a positive impact on the
business climate and will further economic diversification efforts. The Administration
requests approval for the City Manager to execute an agreement with Wix, in the form
attached as Exhibit B accompanying this Memorandum.
Applicable Area
Citywide
Is this a "Residents Right to Know" item
pursuant to City Code Section 2-14?
No
ATTACHMENTS:
Exhibit A WIX Economic Impact Summary
Exhibit B JCIP Draft Agreement
'Resolution
Does this item utilize G.O. Bond Funds?
No
Legislative Tracking
Economic Development
Economic Impact Summary - WIX.COM, INC.
APPLICANT: WIX.COM, INC.
CURRENT LOCATION: 1691 Michigan Ave. 6th Floor, Miami -Beach, FL 33139
PROPOSED LOCATION: 1691 Michigan Ave. 41h and 61h Floor, Miami Beach, FL 33139
CAPITAL INVESTMENT: Approximately $3,806,250 for renovations for expansion,
architecture fees, capital improvements, and purchasing furniture,
fixtures, and equipment.
JOB CREATION: 50 new fulltime employees in the first 12 months;
150 new fulltime employees over three years from 2021 to 2024
Average salary of new jobs: $69,865.47
Economic Impact results using IMPLAN PRO Version 6.2 (reported in 2021 Dollars)
Total Job Creation Output Impact
Direct, Indirect and Induced Jobs
182.71 @ 3 -years
Total Labor Income Impact
Direct Jobs Only
$15.71 million @ 3 -years
State & Local Tax Impact
(Excluding ad valorem tax)
Direct Jobs Only
$773,265.06 @ 3-yei rs
Total Employment Impact
Direct Jobs
172
Indirect Jobs
1021
Induced Jobs
0,151
0.51
Total jobs resulting from this investment
182171
Cumulative Impact — WIX.COM, INC. and Construction
Impact
Employment
Labor Income
Value Added
Output
1 - Direct
172.00
$15,712,748.86
$28,341,105.38
$76,939,853.56
2 - Indirect
10.21
$604,874.70
$991,786.95
$1,770,161.56
3 -Induced
0.51
$21,479.68
$37,550.46
$62,386.65
Total
182.71
$16,339,103.25
$29,370,442.79
$78,772,401.77
Impact of WIX.COM, INC. Only
Impact
Employment
Labor Income
Value Added
Output
1- Direct
150.00
$14,108,428.82
$26,455,062.23
$73,133,603.56
2 - Indirect
10.12
$599,763.62
$982,799.81
$1,753,7119.78
3 -Induced
0.39
$16,340.64
$28,578.02
$47,4'3.42
Total
160.51
$14,724,533.08
$27,466,440.06 1
$74,934,7 ,6.76
Impact of Tax Revenue
Impact
Sub County
General
Sub County
Special Districts
County
State
Federal
Total
1 - Direct
$92,999.46
$122,522.57
$147,051.75
$410,691.28
$2,791,911.87
$3,565,176.93
2 - Indirect
$6,760.52
$8,913.23
$10,691.36
$24,080.02
$111,625.38
$162,070.51
3 - Induced
$469.36
$618.33
$742.14
$1,550.67
$3,910.32
$7,290.82
,Total
$100,229.33
$132,054.14 1
$158,485.25 1
$436,321.97 1
$2,907,447.57 1
$3,734,538.26
67
Definitions
Direct Effect Refers to the impact created directly by the business activity. All jobs created as a direct result of the business activity.
Refers to those effects created by the producers of intermediate goods and service. All goods and services purchased
Indirect Effect as a;result of the business activity.
Refers to the subsequent round of spending in the local economy made by the households Of the employees Of
Induced Effect
businesses that incur both direct and indirect expenditures.
Total Effect Refers to the Direct, Indirect, and Induced impacts summed together.
Total annual average jobs. This includes self-employed and wage and salary employees, and all full-time, part-time
and
Employment
seasonal jobs, based on a count of full-time /part-time averages over twelve months.
Defines the total value paid to local workers within a region. Labor Income is the income source for Induced
Labor Income household spending estimations.
Labor Income = Employee Compensation + Proprietor Income
Comprised of Labor Income, Indirect Business Taxes, and Other Property Type Income. Value Added demonstrates
an
industry's value of production over the cost of its purchasing goods and services required to make its products.
Total Value Added
Value Added is often referred to as Gross Domestic Product (GDP).
Value Added = Labor Income + Indirect Business Taxes + Other Property Type Income
The total value of an industry's production comprised of the value of the Intermediate Inputs and Value Addled.
In
IMPLAN this is typically viewed as the value of a change in sates or the value of increased production. However, annual
Output production is not always equal to annual sales. If production levels are higher than sales, surpluses become inventory.
p
Because inventory does not drive additional impact in the year it was produced, in IMPLAN Direct Industry sales =
Direct
Output.
Output = Intermediate Inputs + Value Added
IMPLAN Software for Economic Impact Analysis Version PRO 6.2
Copyright 2021 IMPLAN Group, Inc.
69
MIIAMIBEACH
City of Miami Beach Economic Development Department
'AGREEMENT
JOB CREATION INCENTIVE PROGRAM
This Agreement ("Agreement") for the Job Creation Incentive Program ("Program") is entered into
day of , 20 , by and between the City of Miami Beach, Florida, a muni(
corporation organized and existing under the laws of the State of Florida, having its principal off
at 1700 Convention Center Drive, Miami Beach, Florida, 33139 (hereinafter the "City"),
a
principal business address is (hereinafter the "
or "Participant').
Article 1 / Program Summary
1. Applicant/Participant:
Applicant/Participant Contact:
Local Business Address: J
City, State, Zip:
Phone, fax, e-mail:
Targeted Industry:
New to Market (Relocation,)`
or Existing Business (Expansion):
2. Incentive amount/Fiscal Impact: Not to exceed Sixty Thousand Dollars ($60,000 per year
during the Performance Period ("Incentive")
3. Program Guidelines:
4. Project:
5. Incentive effective date:
6. Performance Period/Term:
7. Disbursement claim deadline
See Exhibit 1, attached hereto
See Exhibit 2, attached hereto
Upon execution of Agreement by the parties
("Commencement Date") to
The first year of the Performance Period shall commence
on the Commencement Date and continue for 365 days,
with each consecutive year following thereafter.
July 1, annually
Page 1 of 17
71
Article II /)General Conditions
1. BACKGROUND AND PROGRAM DESCRIPTION:
A. The City seeks to further diversify the Miami Beach economy by attracting, retaining, an(
expanding businesses in the targeted industries (technology and financial services) througt
the development of inducements and services to promote growth. On March 17, 2021, th(
Mayor and City Commission adopted Resolution No. 2021-31618, directing th(
Administration to encourage and promote the attraction of these targeted industries. Or
March 17, 2021, the Mayor and City Commission also adopted Resolution 2021-31620
authorizing the Administration to create the Program for the purpose of attracting targetec
industries to Miami Beach.
The Program is a performance-based financial incentive available to technology and financi
services firms and headquarters relocating to or expanding in the City of Miami Beach. Tt
purpose of the Program is to diversify the economy by strategically increasing the number
quality, high -wage jobs in Miami Beach. Participants of the Program must create or relocate
minimum of ten (10) new, fulltime equivalent jobs which average annual wages meeting
exceeding 125% of the State of Florida or Miami -Dade County average wage, whichever is high(
at the time of the application.
New to market companies that are relocating to Miami Beach may be eligible for an award of ul
to $60,000 per fiscal year for four (4) years with total Incentive not to exceed $240,000. Existinc
Miami Beach companies that are expanding may be eligible for an award of up to $60,000 pe
fiscal year for three (3) years with total Incentive not to exceed $180,000. Satisfactory job creatior
performance and Incentive amount will be evaluated and calculated by the City for each year o
the Performance Period prior to annual disbursement of Incentive funds.
B. Program Requirements
i. The parties to this Agreement are the Applicant/Participant listed in Article I and the Cit
of Miami Beach (the "City"). The City has delegated the responsibility of administering thi
Agreement to the City Manager or the City Manager's authorized designee, who shall b,
the City's Economic Development Director.
ii. The Program is being offered to Participant in connection with the approval of a
application to participate in the Program, based upon the project described in Exhibit
attached hereto (the "Project"). Participant is required to comply with the Prograr
Guidelines incorporated herein by reference and set forth in Exhibit "1", attached heretc
and all applicable Federal, State, County and City laws.
Page 2 of 17
73
iii. The employment goals and projected wages for the Project serve as the target for annua
performance. The Participant may exceed employment and wage criteria throughout the
course of the Performance Period. If the Participant does not meet the target for annua
performance, the Participant must at least meet the minimum eligibility as outlined in the
Program Guidelines.
iv. The Incentive is awarded with the understanding that the Project will enhance, diversify,
and develop the City's economic climate. To demonstrate that the Incentive is fulfilling, or
has fulfilled, its purpose, the Participant must furnish the City with all personnel documents
necessary to verify the Participant's compliance with the created or relocated job salary
requirements. This documentation must be received by the Economic Development
Department each year within the Performance Period. Economic Development
Department staff may monitor and conduct an evaluation of the Project, which may
include, without limitation, onsite visits to observe the Project and verify personnel related
to created or relocated jobs as required by the Program Criteria.
V. The total amount of the Incentive is determined annually, as specified in Exhibit 1, anc
payment of any portion thereof shall be subject to and contingent upon Participant'!
compliance with the terms and conditions set forth in this Agreement. To be eligible tc
claim an Incentive award during the Performance Period, Participant must apply annually
by submitting a Disbursement Request form, attached hereto as Exhibit 3, to the Citi
Manager's designee at the address contained in Section 8 of Article II.
vi. In awarding this Incentive, the City assumes no obligation to provide financial support of
any type whatsoever in excess of the total Incentive amount. Incentive funds will be
awarded to the Participant annually provided that Participant has performed satisfactorily
and is otherwise in compliance with the terms and conditions herein.
2. ACCOUNTING AND FINANCIAL REVIEW: Participant shall keep accurate and complete books and
records of all payroll and financial documents relating to the Program in accordance with reasonable
accounting standards, and shall retain such books and records for the later of at least four (4) years
after completion of the Project, or at. least two (2) years after the expiration of the Performance Period
specified in article 1-6. These books and records and documents pertaining to the Program shall be
retained in Miami Beach, Florida in a secure place, in an orderly fashion. At the request of the City,
Participant shall provide the City Manager or City Manager's designee reasonable access to its files,
records and personnel, during regular business hours, for the purpose of making financial audits,
evaluations or verifications related to the Program, as the City deems necessary. Furthermore, the City
may, at its expense, audit or have audited, all personnel and financial records related to the Program.
Page 3 of 17
75
3. INSPECTOR GENERAL AUDIT RIGHTS:
A. Pursuant to Section 2=256 of the Code of the City of Miami Beach, the City has established
Office of the Inspector General which may, on a random basis, perform reviews, au(
inspections and investigations on all City contracts, throughout the duration of said contra
This random audit is separate and distinct from any other audit performed by or on behalf of
City.
B. The Office of the Inspector General is authorized to investigate City affairs and empowered
review past, present and proposed City programs, accounts, records, contracts and transactioi
In addition, the Inspector General has the power to subpoena witnesses, administer oatl
require the production of witnesses and monitor City projects and programs. Monitoring of
existing City project or program may include a report concerning whether the project is on tin
within budget and in conformance with the contract documents and applicable law. The Inspec
General shall have the power to audit, investigate, monitor, oversee, inspect and revii
operations, activities, performance and procurement process including but not limited to proji
design, bid specifications, (bid/proposal) submittals, activities of Participant, its officers, ages
and employees, lobbyists, City staff and elected officials to ensure compliance with the contra
documents and to detect fraud and corruption. Pursuant.to Section 2-378 of the City Code, 1
City is allocating a percentage of its overall annual contract expenditures to fund the activit
and operations of the Office of Inspector General.
C. Upon ten (10) days written notice to Participant; Participant shall make all requested records 'an(
documents available to the Inspector General for inspection and copying. The Inspector Genera
is empowered to retain the services of independent private sector auditors to audit, investigate
monitor, oversee, inspect and review operations activities, performance and procuremen
process including -but not limited to project design, bid specifications, (bid/proposal) submittals
activities of Participant, its officers, agents and employees, lobbyists, City staff and electec
officials to ensure compliance with the contract documents and to detect fraud and corruption.
D. The Inspector General shall have the right to inspect and 'copy all documents and records it
Participant's possession, custody or control which in the Inspector General's sole judgment
pertain to performance of the contract, including, but not limited to original estimate files, change
order estimate' files, worksheets, proposals and agreements from and with successfu
subcontractors and suppliers, all project -related correspondence; memoranda, instructions
financial documents, construction documents, (bid/proposal) and contract documents, back
change documents, all documents and records which involve cash, trade or volume discounts
insurance. proceeds, rebates, or dividends received, payroll and personnel records an(
supporting documentation for the aforesaid documents and records.
E. Participant shall make available at its office at all reasonable times the records, materials, an
other evidence regarding the acquisition (bid preparation) and performance of this Agreemen
Page 4 of 17
77
for examination, audit, or reproduction, until three (3) years after final payment under this
Agreement or for any longer period required by statute or by other clauses of this contract. In
addition:
i. If this Agreement is completely or partially terminated, Participant shall make availa
records relating to the work terminated until three (3) years after any resulting fi
termination settlement; and
ii. Participant shall make available records relating to appeals or to litigation or the settlem
of claims arising under or relating to this Agreement until such appeals, litigation, or clai
are finally resolved.
F. `The provisions in this section shall apply to Participant, its officers, agents, employe
subcontractors and suppliers. Participant shall incorporate the provisions in this section in
subcontracts and, all other agreements executed by Participant in connection with
performance of this Agreement.
'G. Nothing in this section shall impair any independent right to the City to conduct audits
investigative activities. The provisions of this section are neither intended nor shall they
construed to impose any liability on the City by Participant or third parties.
4. INDEMNIFICATION: Participant agrees to indemnify, defend, save and hold harmless the City,
officers, employees or agents, from any and all claims, liability, lawsuits, damages and causes of ac
which may arise out of this Agreement, including Participant's participation in this Program.
5. ASSIGNMENT: Participant shall not be permitted to assign this Agreement, and any purported
assignment will be void, and shall be treated as an event of default pursuant to this Agreement.
6. DEFAULT/TERMINATION PROVISIONS:
A. In the event Applicant shall fail to comply with any of the covenants, terms or provisions of this
Agreement including, without limitation, Applicant's failure to: (i) comply with the Program
Guidelines, as set forth in Exhibit 1, attached hereto; (ii) complete the Project, as expressly
contemplated in the Project Description; (iii) timely submit any reports or documentation, when
due, as required under this Agreement; or (iv) comply with any other term or condition of this
Agreement, the City Manager or the City Manager's designee shall issue written notice to the
Participant and provide Participant with thirty (30) days to cure the default. If, at the City
Manager's sole discretion, the breach is cured within that period, continued participation in the
Program may be allowed. If, however, the Participant fails to cure the breach, or again breaches
this Agreement during the Performance Period, no further cure period shall be allowed and the
City Manager may terminate this Agreement with written notice to the Participant, thereby
relieving the City of any further obligation to Participant under this Agreement.
Page 5 of 17
79
Where a Participant is delinquent in paying its taxes, fines, or any other fees due to the City in
its governmental capacity, or in connection with any other agreements between the City and
Applicant, the City shall withhold Incentive funds until the Participant is current. Where a
Participant is more than one (1) year delinquent, the Participant's Incentive award shall be
canceled, and the Participant shall be disqualified from participating in the Program, and the City
shall have no further obligation to the Applicant under this Agreement.
C. Termination for Fraud or Material Misrepresentations: Additionally, if the default is of a nature
that cannot be cured, such as fraud or a material misrepresentation in connection with
Participant's performance under this Agreement, the termination shall be effective upon receipt
of the termination notice and no cure period shall apply.
D. Further, in the event that the City, in the City Manager's designee's sole discretion, finds that the
Incentive funds were ineligible payments under the terms of the Agreement, whether as a result
of fraud, misrepresentation, or negligence of Participant, Participant shall be required to repay
to the City all or a portion of the Incentive payments received by Applicant, as of the date that
the written demand is received ("Demand for Recapture"), within thirty (30) days from receipt of
the Demand for Recapture.
E. Applicant further acknowledges and agrees that any Default may, at the City's sole discretion,
render Applicant ineligible for any future Incentive funds_
F. These provisions shall not waive or preclude the City from pursuing any and all remedies at law
and in equity.
G. Notwithstanding any provision of this Agreement to the contrary, and without regard to whether
City has exercised the Default provisions thereof, the City reserves the right, at its sole and
absolute discretion, to discontinue funding of the Incentive if it is not satisfied with the progress
of the Project.
7. FLORIDA PUBLIC RECORDS LAW:
A. Participant shall comply with Florida Public Records law under Chapter 119, Florida Statutes
as may be amended from time to time.
B. The term "public records" shall have the meaning set forth in Section 119.011(12), which mean
all documents, papers, letters, maps, books, tapes, photographs, films, sound recordings, dat
processing software, or other material, regardless of the physical form, characteristics, c
means of transmission, made or received pursuant to law or ordinance or in connection with th
transaction of official business of the City.
Page 6 of 17
81
C. Pursuant to Section 119.0701 of the Florida Statutes, if Participant meets the definition
"Contractor" as defined in Section 119.0701(1)(a), Participant shall:
i. Keep and maintain public records required by the City to perform the service;
ii. Upon request from the City's custodian of public records, provide the City with a copy of t
requested records or allow the records to be inspected or copied within a reasonable time
a cost that does not exceed the cost provided in Chapter 119, Florida Statutes or as otherwi
provided by law;
iii. Ensure that public records that are exempt or confidential and exempt from public record
disclosure requirements are not disclosed, except as authorized by law, for the duration c
the contract term and following completion of this Agreement if Participant does not transfE
the records to the City;
iv. Upon completion of this Agreement, transfer, at no cost to the City, all public records
possession of Participant or keep and maintain public records required by the City to perfor
the service. If Participant transfers all public records to the City upon completion of th
Agreement, Participant shall destroy any duplicate' public records that are exempt
confidential and exempt from public records disclosure requirements. If Participant keen
and maintains public records upon completion of this Agreement, Participant shall meet
applicable requirements for retaining public records. All records stored electronically must t
provided to the City, upon request from the City's custodian of public records, in a format th
is compatible with the information technology systems of the City.
D. REQUEST FOR RECORDS; NONCOMPLIANCE
i. A request to inspect or copy public records relating to the City's contract for services, must be
made directly to the City. If the City does not possess the requested records, the City shall
immediately notify Participant of the request, and Participant must provide the records to the
City or allow the records to be inspected or copied within a reasonable time.
ii. Participant's failure to comply with the City's request for records shall constitute a breach of
this Agreement, and the City, at its sole discretion, may: (1) unilaterally terminate this
Agreement; (2) avail itself of the remedies set forth under this Agreement; and/or (3) avail
itself of any available remedies at law or in equity.
iii. If Participant fails to provide the public records to the City within a reasonable time may be
subject to penalties under s. 119.10.
Page 7 of 17
83
E. CIVIL ACTION
i. If a civil action is filed against Participant to compel production of public records relating to
City's contract' for services, the court shall assess and award against Participant
reasonable costs of enforcement, including reasonable attorneys' fees, if:
a. The court determines that Participant unlawfully refused to comply with the public
request within a reasonable time; and
b. At least 8 business days before filing the action, the plaintiff provided written notice of
public records request, including a statement that Participant has not complied with
request, to the City and to Participant.
ii. A notice complies with subparagraph (i)(b) if it is sent to the City's custodian of public records
and to Participant at Participant's address listed on its agreement with the City or to
Participant's registered agent. Such notices must be sent by common carrier delivery service
or by registered, Global Express Guaranteed, or certified mail, with postage or shipping paid
by the sender and with evidence of delivery, which may be in an electronic format.
iii. If Participant complies with a public records request within 8 business days after the notice is
sent is not liable for the reasonable costs of enforcement.
F. IF PARTICIPANT HAS QUESTIONS REGARDING THE APPLICATION
OF CHAPTER 119, FLORIDA STATUTES, TO PARTICIPANT'S DUTY
TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT,
CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT:
CITY OF MIAMI BEACH
ATTENTION: RAFAEL E. GRANADO, CITY CLERK
1700 CONVENTION CENTER DRIVE
MIAMI BEACH, FLORIDA 33139
EMAIL: RAFAELGRANADO@MIAMIBEACHFL.GOV
PHONE: 305-673-7411
8. WRITTEN NOTICES: Any notices required under this Agreement will be effective when delivered to
the City in writing and addressed to the City Manager's designee:
Page 8 of 17
85
Rickelle Williams
Economic Development Director
1700 Convention Center Drive
Miami Beach, FL 33139
Tel: 305-673-7000 ext. 26186
Email: rckellewilliams@miamibeachfl.gov
Any notices required under this Agreement to Participant shall be delivered in writing to Participant'
contact.
Article III / Miscellaneous Provisions
9. NO DISCRIMINATION: Participant also accepts and agrees to comply with the following Specia
Conditions:
A. Participant hereby agrees that it will comply with Title VI of the Civil Rights Act of 1964 (42 U.S.0
2000d et seq.) prohibiting discrimination on the basis of race, color, national origin, handicap, or sex.
B. Participant hereby agrees that it will comply with City's Human Rights Ordinance as codified ii
Chapter 62 of the City Code, as may be amended from time to time, prohibiting discrimination ii
employment, housing and public accommodations on account of actual or perceived race, color, nations
origin, religion, sex, intersexuality, gender identity, sexual orientation, marital and familial status, age
disability, ancestry, height, weight, domestic partner status, labor organization membership, familia
situation, or political affiliation.
C. The City endorses, and Participant shall comply with, the clear mandate of the Americans wit
Disabilities Act of 1990 (ADA) to remove barriers, which prevents qualified individuals with disabilities
from enjoying the same employment opportunities that are available to persons without disabilities.
D. The City also endorses the mandate of the Rehabilitation Act of 1973 and Section 504 ani
prohibits discrimination on the basis of disability and requires that Participant provides equal access an,
equal opportunity and services without discrimination on the basis of any disability.
10. GOVERNING LAW AND EXCLUSIVE VENUE AND ATTORNEY'S FEES: This Agreement shall
be governed by, and construed in accordance with, the laws of the State of Florida, both substantive and
remedial, without regard to principles of conflict of laws. The exclusive venue for any litigation arising out
of this Agreement shall be Miami -Dade County, Florida, if in State court, and the U.S. District Court,
Southern District of Florida, if in federal court. In connection with any litigation arising out of this
Agreement, each party shall bear their own costs and attorney's fees. BY ENTERING INTO THIS
AGREEMENT, THE CITY AND PARTICIPANT EXPRESSLY WAIVE ANY RIGHTS EITHER PARTY
MAY HAVE TO A TRIAL BY JURY OF ANY CIVIL LITIGATION RELATED TO, OR ARISING OUT OF,
THIS AGREEMENT.
Page 9 of 17
87
IN WITNESS WHEREOF, the parties hereto have executed this Agreement.
FOR CITY:
ATTEST:
By:
Rafael E. Granado, City Clerk'
Date
FOR PARTICIPANT:
ATTEST:
By:
Print Name and Title
Date
Page 10 of 17
89
CITY OF MIAMI BEACH, FLORIDA
Alina T. Hudak, City Manager
Authorized Signature
Print Name and Title
Exhibit 1
JOB CREATION INCENTIVE PROGRAM GUIDELINES
Background and Purpose I
The City of Miami. Beach is invested in economic resiliency through economic diversification. New or
existing businesses in the City of Miami Beach may be eligible for a performance-based incentive
known as the Job Creation Incentive Program (Program). The purpose of the Program is to
strategically attract companies and expand existing businesses within the City of Miami Beach while
increasing the number of quality, high -wage jobs in the community. The applicant must create or
relocate a minimum of ten (10) new, fulltime equivalent jobs which average annual wages meeting or
exceeding 125% of Miami -Dade County or State of Florida average wage at the time of the application.
2. Eligibility
The Program will be available to New -to -Market businesses or Existing Businesses within the Citythat
are expanding their operations, and that will either hire or. relocate, a minimum of ten (10) new
employees to the City of Miami Beach within a four (4) year period for New -to -Market businesses or
three (3) year period for Existing business expansions ("Expansions" or "Expanding businesses"
The Program is available to the following industries:
a. Financial/Professional Services
b. Technology
c. Headquarters including regional headquarters
The City Commission, at its discretion, may waive the eligible industry requirement at the request and
recommendation of the City Manager.
a. Companies applying for the Program must be "New -to -Market" relocations or an "Expanding"
business already operating within the City of Miami Beach. New -to -Market businesses may
relocate from anywhere outside of the City of Miami Beach.
b. Requirements for Expanding businesses at the time of application:
• An Expanding business must either own its office space property or have an executed
multi-year lease (3 -year minimum) for the office location within the City of Miami Beach.
• An Expanding business must have a valid Miami Beach business tax receipt (BTR) and
may not have any pending City fees or fines, or be involved in any litigation with the City of
Miami Beach.
• An Expanding business must be properly licensed and approved by the State and County
as applicable.
c. All awarded Expanding businesses and New -to -Market businesses must meet the requirements
above when the Incentive will be claimed and disbursed for each eligible fiscal year.
d. Businesses that do not report employees' wages are not eligible for assistance under the
The Program is contingent on annual funding availability, City Commission approval, and the execution
and continued compliance with the requirements of the Agreement is not to be construed as an entitlement
or right of the Participant to receive Incentive funds. j
Page 11 of 17
14
3. Requirements
a. New Job Category: A New Job must be a fulltime equivalent position (minimum of 2,080 hours
annually) and shall:
o be created in the City of Miami Beach and add to the City's total job base;
o add incrementally to the Applicant's payroll;
o result in a net increase in the number of employees of the Applicant; and
o involve only a new employee working on-site (at least partially) at the Applicant's facility
located in the City of Miami Beach.
A New Job excludes an existing employee on current payroll of the business at the time of the
application.
Relocated Job Category: A Relocated Job includes fulltime equivalent positions (minimum of 2,080
hours annually) existing on the Applicant's payroll at the time of application.
o Only New -to -Market companies (moving to Miami Beach) can utilize relocated jobs as part
of the Incentive application.
o Existing Miami Beach companies seeking to expand operations in Miami Beach may not
utilize relocated jobs as part of the job creation requirement.
c. Job Creation Timeline: Approval of the Program application and agreement by the City
Commission must occur before the jobs are added or relocated. A business that enters into an
Agreement with the City of Miami Beach and is located in or relocating to existing office space that
does not require significant tenant improvements Lnust add the minimum number of jobs (10) within
an agreed to number of months after the effectivdate of the Incentive award. The Applicant and
the City of Miami Beach negotiate a job creation/relocation timeframe for the Project.
d. Living Wage Requirement: The Program will not be available to companies that pay any of their
employees less than the Living Wage Rate as defined by Section 2-8.9 of the Code of Miami -Dade
County, as adjusted annually by the Department of Small Business Development or its successor
department, or as defined by Section 2-408 of the Code of the City of Miami Beach and by choosing
the higher rate of both. During the Performance Period, Participant shall be required to continue
paying all of its employees no less than the Living Wage Rate to remain eligible forthe Program.
e. Wages of New Jobs Created or Relocated: New Jobs or Relocated Jobs must pay an estimated
Average Annual Wage at least equal to 125% the average of wages in Miami -Dade County orlthe
State of Florida (across all industries or occupations) as determined by Miami -Dade County or the
State of Florida using the most currently available data as determined by the City of Miami Beach
and by choosing the higher rate.
f. Job Creation: Participating businesses must create at least ten (10) New Jobs within four (4) years
for New -to -Market businesses or within three (3) years for Expanding businesses. The time begins
to toll once the business begins operation in the City of Miami Beach (designated by issuance of
a BTR) or once the Agreement is executed, whichever is later.
g. New or Relocated Jobs must be maintained for a minimum of one (1) additional year. City of Miami
Beach staff will verify compliance with New Job creation and wage requirements as specified in
the City Commission approved Program application/agreement prior to any disbursement of any
Incentive payments. The Applicant shall furnish all personnel and financial records related to the
Program that is requested by City of Miami Beach staff to verify the Applicant's compliance with
the New Job or Relocated Job salary requirements pursuant to the Agreement. As such, the City
may request personnel and financial records including, without limitation, payroll records;
Paystubs;; Form 941; and worker's compensation reporting forms.
Page 12 of 17
93
h. Taxes. Fines or other Fees: Where Applicant is delinquent in paying its taxes, fine, or any other
fees due to the City of Miami Beach, the City of Miami Beach shall withhold Incentive payments
until Applicant is current. Where Applicant is more than one (1) year delinquent, Applicant's
Incentive award shall be canceled; future Incentive payments shall be cancelled; and Applicant
shall be disqualified from participating in the Program.
i. Media Announcement: Participant must (a) mention the City of Miami Beach by name within its
initial press release announcing the new office location, (b) at least forty-eight (48) hours in
advance, provide the exact date and time of when the press release will be published, and (c) at
least forty-eight (48) hours in advance, provide a copy of the press release. The City's Marketing
and Communications Department will also issue a press release and media coverage.
Media Appearances: Applicant must provide an employee representative, of at a minimum a senior
level executive position, for a minimum of four (4) engagements in year 1, two (2) engagements
year 2, two (2) engagements in year 3, and if applicable, two (2) engagements in year 4, to assist
with recruitment efforts of the City of Miami Beach to attract additional companies to the City.
Required engagements will consist of a presentation, panel discussion, interview, quote for media
story, or comparable engagement.
4. Incentive Award
The amount of the Incentive award is determined based on the information provided and verified in
the application process and requires approval by the City Commission. The actual amount ofd the
Incentive will be determined after the Applicant has begun operations, and at the end of each City of
Miami Beach fiscal year, upon the verification of New Jobs or Relocated Jobs, as specified in the
Agreement, and all other obligations set forth in the Agreement.
The maximum Incentive amount for Relocated Jobs is based on the number of employees brougli
relocated to the City of Miami Beach during the initial move, and any subsequent new hires.
Expanding businesses already located in the City, the maximum award is based on the New J
created. The Incentives over the four (4) year or three (3) year period, as applicable, after
applicant's start of operations or the execution of this Agreement, whichever is later, may not exc(
a. $600 per employee for the first 50 jobs (minimum of 10)
b. $400 per employee for each job added between 51 —100
c. $250 per employee for each job added above 100
Applicant may be eligible for the following bonuses for new hires only:
a. An additional $125 per employee if a business is located within the North Beach area
defined by the City of Miami Beach
b. An additional $125 per employee if new hire received a degree from a public university, prig
university, or technical school located within Miami -Dade County and graduated within tt
(3) years of the hire date
c. An additional $125 per employee if previously unemployed or employed below the Living W
Rate immediately preceding employment with Applicant
d. An additional $150 per employee if their primary residence is within the City of Miami Bea
t or
For
the
as
ree
Applicant may not receive more than $60,000 in Incentive awards in any single fiscal year, even if all
the New Jobs are created or relocated in one (1) year. Applicant may not receive more than $240,000
in Incentive payments over the four (4) year period for New -to -Market businesses or $180,000 in
Incentive payments over the three (3) year period for Expansions.
Page 13 of 17
95
The City Commission, at its discretion, may waive the applicable $180,000 or $240,000 total award
cap at the request and recommendation of the City Manager.
5. Application Process
• An Applicant wishing to participate in the Program will apply to the City of Miami Beach. Upon
request, an Applicant's confidentiality will be protected, in accordance with Section 288.075,
Florida Statutes, to the best of the city's ability, for any information regarding a project's location
and/or expansion evaluation of any Miami Beach site.
• The application will be evaluated by City of Miami Beach staff and approved by the City
Commission.
• An application must be signed by an executive officer or owner of the applying business.
• Any New -to -Market business that commits the Applicant to a location within the City of Miami
Beach prior to City Commission approval of the Application/Agreement will render an Applicant
ineligible to participate in the Program. The City Manager may waive this prior decision rule land
forward the Applicant's Application to the City Commission for consideration upon the written
request by the Applicant to preserve the Incentive for a limited time. However, the City Commission
retains the sole and absolute discretion to approve or deny the Applicant's Application. This prior
business decision rule waiver shall .not be available to an Applicant that has already publicly
disclosed the intent to locate or expand its operations in the City of Miami Beach.
• Within thirty (30) days of application receipt and initial review, City of Miami Beach Administration
shall schedule an application presentation at the following available Finance and Economic
Resiliency Committee (FERC) meeting (applicable public notice and agenda deadlines apply).
Staff will notify the Applicant when the application is scheduled for consideration at any public
meeting.
• Upon receipt of a favorable recommendation from the FERC, City of Miami Beach Administration
shall prepare its recommendation on the Application to the City Commission, including an
economic impact analysis.
• Upon approval by the City Commission of an application, the City of Miami Beach and Applicant
may execute an agreement, authorizing Applicant's participation in the Program, which agreement
shall include all Application requirements outlined in this Section and, at a minimum, specify:
a. The total number of New Jobs to be created or relocated and that will be dedicated to the
project;
b. The Average Annual Wage of those jobs, any capital investment, and a time schedule or plan
for when such jobs will be in place and active;
c. The fiscal impact to the City of Miami Beach;
d. The maximum amount of Incentive awards which the Applicant is eligible to receive over the
three (3) or four (4) year term and the maximum amount of Incentive awards that the Applicant
is eligible to receive annually;
e. That the City of Miami Beach may review and verify the financial and personnel records of the
Applicant and/or perform onsite visits to verify employment relating to the New or Relocated
Jobs, wages paid, and determine whether the Applicant is in compliance with the terms of the
Application/Agreement;
f. The date by which, in each fiscal year, the Applicant must file a claim to be considered to
receive an Incentive award for the following fiscal year (October 1 — September 30);
g. That compliance with the terms and conditions of the approved Application/Agreement is a
conditional requirement for the receipt of -any Incentive award in a fiscal year and that the
Applicant's failure to comply with the terms and conditions of the approved
Application/Agreement results in the loss of eligibility for receipt of Program awards and the
revocation by the City Commission of the certification of the Applicant as a City of Miami Beach
eligible business;
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97
That payment of Incentives is conditioned on and subject to specific annual appropriation's by
the City of Miami Beach sufficient to pay amounts under the approved Application/Agreement;
and
That the 'amount of the Incentives received will be based on the Incentive levels specified;
6. Award Disbursement
a. Annual disbursements will be contingent on the verification of the new jobs created and
retained.
b. Disbursement will begin in the City of Miami Beach fiscal year following the Project's start of
operations. The City of Miami Beach's fiscal year runs from October 1 through September 30
of the following calendar year.
c. Companies will be monitored annually to ensure compliance with the projected number of new
jobs and the wages associated with the new jobs. Disbursements to the Applicant will only be
made after it has met all commitments as set forth in the City of Miami Beach
application/agreement.
d. Disbursement amounts are set forth and limited in each year of the disbursement schedule
approved in the Agreement.
e. To be eligible to claim any Incentive award under the Program, an Applicant that has entered
into an approved application/agreement must annually apply to the City of Miami Beacli by
submitting a Disbursement Request from to the City Manager's designee by July 151. An
appropriation, if made by the City Commission, will be paid in the City of Miami Beach fiscal
year that begins on October 1 following the claims -submission date.
f. The City of Miami Beach shall designate staff, or a third party, to administer the Program and
determine Applicant compliance. Any awards determined to be due to Applicant and processed
by said designated staff shall require written approval and authorization by the City Manager
or City Manager's designee.
Page 15 of 17
Year 1
Year 2
Year 3
Year 4
Exhibit 2
PROJECT
Number of
Projected New Average Wages Projected Annual
Full -Time Hires or (Not including Maximum
Relocation Jobs benefits) Incentive Award
Page 16 of 17
101
Exhibit 3
REIMBURSEMENT FORM
Page 17 of 17
103
Resolutions - C7 B
MIAMI BEACH
COMMISSION MEMORANDUM
TO: Honorable Mayor and Members of the City Commission
FROM: Alina T. Hudak, City Manager
DATE: October 27, 2021
SUBJECT: A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY
OF MIAMI BEACH, FLORIDA, ACCEPTING THE RECOMMENDATION OF
THE FINANCE AND ECONOMIC RESILIENCY COMMITTEE, AT ITS
OCTOBER 22, 2021 MEETING, AND APPROVING AND AUTHORIZING THE
CITY MANAGER TO EXECUTE AN AGREEMENT WITH WIX.COM, INC.
FOR PARTICIPATION IN THE JOB CREATION INCENTIVE PROGRAM
(THE "PROGRAM"), IN AN AMOUNT NOT TO EXCEED $60,000 PER YEAR,
FOR UP TO THREE (3) YEARS, SUBJECT TO FUNDING APPROPRIATION
AND APPROVAL DURING THE CITY'S BUDGETARY PROCESS FOR
EACH FISCAL YEAR DURING THE TERM OF THE AGREEMENT.
(ITEM TO BE SUBMITTED IN SUPPLEMENTAL)
SUPPORTING SURVEY DATA
Amount(s)/Account(s):
Applicable Area
Citywide
Is this a "Residents Right
to Know" item, pursuant to
City Code Section 2-14?
No
Does this item utilize G.O.
Bond Funds?
No
Strategic Connection
Prosperity - Revitalize targeted areas and increase investment.
Legislative Tracking
Economic Development
Page 11 of 226