9. Ordinance No. 2026-17, Economic Development Tax Exemption

City Council Meeting · 2026-04-14 · agenda_item

The City of Melbourne is considering an ordinance, Number 2026-17, that would update definitions related to economic development tax exemptions. This ordinance focuses on defining 'new business' and 'expansion of a new business' within Chapter 54 of the City Code. The City Council has already held its first reading and is scheduled for a second reading and public hearing on April 14, 2026. This item is currently under review and represents an early stage in the potential adoption of new economic development policies. While no specific construction projects are detailed, the ordinance aims to influence future business growth and expansion within the city. Businesses involved in legal services, economic consulting, and government relations may find opportunities to engage with the city during this review period.