6. This Resolution is intended to amend, consolidate, and supersede prior resolutions or

Board of County Commissioners- Informal Meeting · 2026-04-14 · agenda_item

The Board of County Commissioners of St. Lucie County is reviewing a revised Economic Incentive Program. This program aims to encourage businesses that create high-wage jobs, invest capital, and offer long-term economic benefits within the county. A scoring matrix will be used to evaluate projects for eligibility and awards, which can include impact fee mitigation, job growth investment grants, and ad valorem tax abatements. Businesses must meet specific criteria and performance-based requirements to receive incentives. Approved incentives may expire if construction or operations do not begin within twenty-four months. This review stage means that businesses looking to develop projects that qualify for these incentives should engage early. The program could lead to work in site development, vertical construction, and business operations, offering opportunities for general contractors, developers, and related service providers to understand potential benefits before final plans are set.

twenty-four months

24 months