Hardee County Board of County Commissioners

AGENDA Hardee County Board of County Commissioners REGULAR MEETING December 4, 2025, at 8:30 AM COMMISSIONER CHAMBERS 412 WEST ORANGE STREET, ROOM 102, WAUCHULA, FL 33873 1

1. INVOCATION, FOLLOWED BY THE PLEDGE OF ALLEGIANCE 2. CALL TO ORDER 3. ELECTION OF OFFICERS A. Clerk of the Circuit Court & Comptroller, Victoria L. Rogers - Assume Chair for the Election of the Chair and Vice Chair. B. Clerk of the Circuit Court & Comptroller, Victoria L. Rogers - Resolution 2026-04, Authorizing Signatures for Banks. 4. COMMITTEE REORGANIZATION A. Committee Reorganization 5. APPROVAL OF THE AGENDA: ADDITIONS, DELETIONS, AND AMENDMENTS 6. MINUTES FOR APPROVAL A. BCC Workshop Session Minutes of February 27, 2025, at 1:30 p.m. BCC Workshop Session Minutes of March 6, 2025, at 8:30 a.m. COMMISSIONERS ________________________________________________________________________________________ District I Timothy E. Wells District II Noey A. Flores District III E. Donald Chancey, Jr. District IV Russell A. Melendy District V Kenneth A. Miller ________________________________________________________________________________ County Manager Terry Atchley Clerk Victoria L. Rogers County Attorney Sarah Johnston Assistant County Manager Doug Baber Assistant County Manager Christopher Simpron Administrative Services Manager Holly Smith Executive Assistant Brandy Crawford Deputy Clerk Laura Barker Deputy Clerk Jessica Santibanez Deputy Clerk Joley Pleger 1. Nomination of Chair 2. Nomination of Vice Chair - Motion to approve Resolution 2026-04, a resolution of the Hardee County Board of County Commissioners authorizing signatures for banks. - Motion to approve the committee reorganization as presented. 2

BCC Regular Meeting Minutes of March 27, 2025, at 8:30 a.m. BCC Workshop Session Minutes of April 3, 2025, at 8:30 a.m. BCC Tentative Budget Public Hearing Minutes of September 9, 2025, at 5:05 p.m. BCC Final Budget Public Hearing Minutes of September 23, 2025, at 5:05 p.m. 7. PUBLIC COMMENT FOR NON-AGENDA ITEMS 8. PROCLAMATIONS 9. CONSENT AGENDA A. - Motion to approve grant agreement FM1090 between the County and the Florida Department of Financial Services for a Fire Rescue Pumper Truck in an amount of $1 million; authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof, and to expend funds as provided for in the grant application and agreement. B. - Motion to approve grant agreement FM1109 between the County and the Florida Department of Financial Services for a Fire Rescue Tanker Truck in an amount of $950,000; authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof, and to expend funds as provided for in the grant application and agreement. C. - Motion to ratify the submission and acceptance of the Florida Department of Agriculture and Consumer Services grant agreement 33021 for the design, engineering and construction of Hardee County Fair 4H/agriculture facility in the amount of $250,000; authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof, and to expend funds as provided for in the grant application and agreement. D. - Motion to ratify the submission and acceptance of the Florida Department of Agriculture and Consumer Services grant 33022 for architectural and engineering design and construction of a climate-controlled facility in the amount of $6,500,000; authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof, and the expend funds as provided for in the grant application and agreement. E. - Motion to approve the agreement between the County and C.A.P. Governmental, Inc. for building department inspection, plan review, code enforcement inspections and building official services; in substantially the attached form, subject to approval by the County Attorney, and authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof. F. - Motion to ratify the submission and acceptance of the State of Florida, Division of Emergency Management grant agreement G0582 in the amount of $49,490.50; authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof, and to expend funds as provided for in the grant application and agreement. G. - Motion to approve the capital and operating budget amendments as presented. - Motion to approve the meeting minutes as presented. Motion to approve the Consent Agenda as presented. 3

H. - Motion to accept the 2025 excess fees from the Hardee County Property Appraiser, Tax Collector, Supervisor of Elections and Clerk of Court as presented. 10. PRESENTATIONS A. Barbara St Clair, Florida Cultural Alliance - Arts & Agriculture Pilot Program B. Jennifer Gough, Soil & Water Conservation - Program Update C. Lacey Webb, Parks, Recreation & Marketing Manager - FCCMA Hidden Gems Marketing Video 11. BUSINESS AGENDA - Quasi-Judicial Items: A. Todd Miller, Community Development Director & Jorden Eisenstein, Planner I - Ordinance 2025-07, Rezoning of 6 +/- Acres B. Todd Miller, Community Development Director - Variance Request from Bernie Lott 12. BUSINESS AGENDA - Ordinances: 13. BUSINESS AGENDA - Action Items: A. John Bohde, Polk County Deputy County Manager - Interlocal Agreement for Medical Examiner's Office B. Todd Miller, Community Development Director & Central Florida Regional Planning Council - Resolution 2026-06 - Administrative Authority for Plat or Replat Submittals - Motion to approve the final reading of Ordinance 2025-07, an Ordinance of the Board of County Commissioners of Hardee County, Florida, regarding land development, amending the Hardee County Zoning Map within the unincorporated area; providing for a rezoning of approximately 6 +/- acres from multifamily residential (R-3) to farm residential (F-R) in the town center future land use category; providing for a legal description; providing for severability, and providing for an effective date. - Motion to approve variance request 25-82 for Bernie Lott as presented; and authorizing the County Manager or Chair to sign any necessary documents in furtherance thereof. - Motion to approve the agreement between the County and Polk County, Florida for expansion and renovation of the Polk County Medical Examiner's Facility in substantially the attached form, subject to approval by the County Attorney and authorization for the County Manager or Chair to sign any necessary documents in furtherance thereof. - Motion to approve Resolution 2026-06, A Resolution of the Board of County Commissioners of Hardee County, Florida, designating an administrative authority to receive, review and process the plat or replat submittal; designating an administrative official responsible approving, approving with conditions, or denying the proposed plat or replat; addressing commencement of new subdivision standards in city code amendments as soon as reasonably possible to ensure legal compliance; providing an effective date. 4

C. Colton English, Procurement Manager - USDA Lease Amendment #3 D. Diane Moore, Budget Manager - Resolution 2026-07 - Ambulance Purchase E. Christopher Simpron, Assistant County Manager - Resolution 2026-08 - FDOT Supplemental Agreement for County Road 663 F. Christopher Simpron, Assistant County Manager - Resolution 2026-09 - FDOT Supplemental Agreement for County Road 663 G. Christopher Simpron, Assistant County Manager - Resolution 2026-10 - Award of RFQ 25-007 to Ajax H. Lorie Ayers, General Services Director - Non-Profit Funding Application and Grant Cycle 14. APPOINTMENTS 15. COUNTY MANAGER NON-CONSENT 16. COUNTY ATTORNEY - Motion to approve Lease Amendment #3 to the lease agreement between the County and the United States Department of Agriculture for office space located at 316 North 7th Avenue in Wauchula, Florida; in substantially the attached form, subject to approval by the County Attorney and authorization for the County Manager or Chair to sign any necessary documents in furtherance thereof. - Motion to approve Resolution 2026-07, A Resolution of the Board of County Commissioners of Hardee County, Florida, approving the purchase of an ambulance. - Motion to approve Resolution 2026-08, A Resolution of the Board of County Commissioners of Hardee County, Florida, authorizing the execution of contract number G2L03 Florida project identification number 445070-1-54-01 with the Florida Department of Transportation for the design and construction of a portion of County Road 663; providing for severability; and providing for an effective date. - Motion to approve Resolution 2026-09, A Resolution of the Board of County Commissioners of Hardee County, Florida, authorizing the execution of contract number G2L00 Florida project identification number 445065-1-54-1 with the Florida Department of Transportation for the design and construction of a portion of County Road 663; providing for severability; and providing for an effective date. - Motion to approve Resolution 2026-10, A Resolution of the Board of County Commissioners of Hardee County, Florida, approving the award of Request for Qualifications (RFQ) number 25-007 Construction Manager At-Risk (CMAR) professional services agreement (pre-construction phase) for the Hardee County Fire Station #1 and authorizing the County Manager or Chair to execute the agreement with Ajax Building Company; providing for authorization; and providing for an effective date. - Board discretion. 5

17. COMMENTS FROM COMMISSIONERS OR OTHER ELECTED OFFICIALS 18. REMINDERS 19. ADJOURNMENT December 6, 2025 - Hardee Chamber Christmas Parade - Line Up No Later Than 5:30 p.m.; 6:00 p.m. Start Time December 10, 2025 - Chamber Sunrise Social at 7:30 a.m. (Pioneer Park Pool Pavillion) December 11, 2025 - IDA Meeting at 8:30 a.m. December 12, 2025 - Employee Appreciation Luncheon at Noon (Agri-Civic Center) December 18, 2025 - BOCC Meeting at 8:30 a.m. 6

Item Cover Page DATE: December 4, 2025 SUBMITTED BY: Charlene Albritton, Clerk of Courts ITEM TYPE: Election of Officers AGENDA SECTION: ELECTION OF OFFICERS SUBJECT: Clerk of the Circuit Court & Comptroller, Victoria L. Rogers - Assume Chair for the Election of the Chair and Vice Chair. SUGGESTED ACTION: 1. Nomination of Chair 2. Nomination of Vice Chair AGENDA ITEM NO. 3.A HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA ITEM REPORT 7

Item Cover Page DATE: December 4, 2025 SUBMITTED BY: Charlene Albritton, Clerk of Courts ITEM TYPE: Election of Officers AGENDA SECTION: ELECTION OF OFFICERS SUBJECT: Clerk of the Circuit Court & Comptroller, Victoria L. Rogers - Resolution 2026-04, Authorizing Signatures for Banks. SUGGESTED ACTION: - Motion to approve Resolution 2026-04, a resolution of the Hardee County Board of County Commissioners authorizing signatures for banks. AGENDA ITEM NO. 3.B HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA ITEM REPORT ATTACHMENTS: HARDEE COUNTY BOCC Resolution 2026-04 Bank Signatures Draft Revised to Dec.pdf 8

HARDEE COUNTY, FLORIDA RESOLUTION 2026-04 A RESOLUTION OF THE HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS TO AUTHORIZE SIGNATURES FOR BANKS. WHEREAS, the Board of County Commissioners of Hardee County, Florida, has elected _______________, as Chairperson and ______________, as Vice Chairperson of said Board for 2025-2026; and WHEREAS, it is deemed advisable and necessary for a resolution to be adopted by this Board authorizing the banks of Hardee County, Florida, as depositories of County funds, to honor and cash checks drawn against said funds when signed by the Chairperson and the Ex-Officio Clerk of this Board and Comptroller or the Vice Chairperson or the Deputy Clerk of the Ex-Officio Clerk of this Board and Comptroller in their absence. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Hardee County, Florida, that all banks in Hardee County, Florida, acting as depositories for County funds be notified that effective December ___, 2025, _______________, is Chairperson of this Board and Victoria L. Rogers is the Ex- Officio Clerk of this Board and Comptroller ___________________ is Vice Chairperson and Lindsey Barwick is the Deputy Clerk of the Ex-Officio Clerk of this Board and Comptroller and their signatures signed at the bottom of this Resolution are the signatures of said Chairman and Ex-Officio Clerk, respectively, and Vice Chairperson and Deputy Clerk of the Ex-Officio Clerk, respectively. This Resolution, adopted December 4, 2025, becomes effective on December ___, 2025. Therefore, this Resolution shall supersede Resolution 2025-10. _______________________________________ ____________________, Chairperson _______________________________________ Victoria L. Rogers, Ex-Officio Clerk to the Board and Comptroller _______________________________________ ____________________, Vice Chairperson _______________________________________ Lindsey Barwick, Deputy Clerk of the Ex-Officio Clerk to the Board and Comptroller DRAFTsignedsign Vice ChaVic ollerller in their absein the by the Board of Countby the Board of Cou dee County, Florida,dee County, Florida, hat effectiveeffectiv De this Board and Victthis Board an ptrolleroller _____________________ ty Clerk of the Exerk of the Ex-OO s signed at thes signed at the bottootto andand ExEx-O- fficiocio Clerk OOfficio Clerk, respectivfficio Clerk, respect edd DeceDec mbermber 4r , 2025, ution shallution shall ssupersedeperse ______ ChCh 9

Item Cover Page DATE: December 4, 2025 SUBMITTED BY: Brandy Crawford, County Manager's Office ITEM TYPE: Business Agenda AGENDA SECTION: COMMITTEE REORGANIZATION SUBJECT: Committee Reorganization SUGGESTED ACTION: - Motion to approve the committee reorganization as presented. AGENDA ITEM NO. 4.A HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA ITEM REPORT ATTACHMENTS: 2024-25 Commissioner Board and Committees Assignments.pdf 10

Commissioner Tim Wells HOW OFTEN DOES BOARD MEET? CONTACT INFORMATION Heartland Regional Transportation Planning Organization (HRTPO) - Alternate Every other month Marybeth Soderstrom (msoderstrom@cfrpc.org) Healthy Hardee (formly known as Health Care Task Force) Monthly - First Friday @ 9a Stefania Sweet (stefania.sweet@flhealth.gov) Community Recreation Complex As needed Meredith Durastanti (mdurastanti@hardee.k12.fl.us) Coastal and Heartland National Estuary Partnership (CHNEP) 4 times a year Jennifer Hecker (jhecker@chnep.org) Value Adjustment Board (Alternate) As needed Charlene Albritton (recording.sup@hardeeclerk.com) Transportation Disadvantage Quarterly Marybeth Soderstrom (msoderstrom@cfrpc.org) Commissioner Noey Flores HOW OFTEN DOES BOARD MEET? CONTACT INFORMATION Housing Authority Quarterly Cliff Ables - Attorney (cmables@heartlandflroidalaw.com) Career Source Heartland - Alternate Quarterly Donna Doubleday - President (ddoubleday@careersourceheartland.com) Heartland Regional Transportation Planning Organization (HRTPO) - Chair Every other month Marybeth Soderstrom (msoderstrom@cfrpc.org) Value Adjustment Board - Chair As needed Charlene Albritton (recording.sup@hardeeclerk.com) Small County Coalition - Alternate As needed Chris Doolin (cdoolin@doolinandassoc.com) Commissioner Donald Chancey HOW OFTEN DOES BOARD MEET? CONTACT INFORMATION Tourist Development Council As needed County Manager's Office - Brandy Crawford Central Florida Regional Planning - Alternate Every other month Kathy Hall (khall@cfrpc.org) Small County Coalition - Second Alternate As needed Chris Doolin (cdoolin@doolinandassoc.com) Value Adjustment Board As needed Charlene Albritton (recording.sup@hardeeclerk.com) Commissioner Russell Melendy HOW OFTEN DOES BOARD MEET? CONTACT INFORMATION Community Traffic Safety Monthly Tammy Pearson - City Police Station Florida Heartland Economic Region of Opportunity (FHERO) - Vice Chair Monthly Terry Burroughs - Chairman Small County Coalition As needed Chris Doolin Drug Free Hardee Monthly Maria Pearson (mariapearson@drugfreehardee.com) Commissioner Kenny Miller HOW OFTEN DOES BOARD MEET? CONTACT INFORMATION Career Source Heartland Quarterly Donna Doubleday - President (ddoubleday@careersourceheartland.com) Central Florida Regional Planning Council (CFRPC) Every other month Jennifer Codo-Salisbury (jcodosalisbury@cfrpc.org) Continuum of Care - Heartland Coalition for The Homeless Quarterly Brenda Gray (brenda.gray@heartlandhomeless.com) Library Heartland Cooperative Quarterly Vikki Brown (vikki@myhlc.org) Industrial Development Liaison Monthly Krystin Chapman (k.chapman@thedevelopmentgroup.net) COMMISSIONER'S MEMBERSHIPS FOR COUNCILS/BOARDS/COMMITTEES 11

Item Cover Page DATE: December 4, 2025 SUBMITTED BY: Charlene Albritton, Clerk of Courts ITEM TYPE: Minutes for Approval AGENDA SECTION: MINUTES FOR APPROVAL SUBJECT: BCC Workshop Session Minutes of February 27, 2025, at 1:30 p.m. BCC Workshop Session Minutes of March 6, 2025, at 8:30 a.m. BCC Regular Meeting Minutes of March 27, 2025, at 8:30 a.m. BCC Workshop Session Minutes of April 3, 2025, at 8:30 a.m. BCC Tentative Budget Public Hearing Minutes of September 9, 2025, at 5:05 p.m. BCC Final Budget Public Hearing Minutes of September 23, 2025, at 5:05 p.m. SUGGESTED ACTION: - Motion to approve the meeting minutes as presented. AGENDA ITEM NO. 6.A HARDEE COUNTY BOARD OF COUNTY COMMISSIONERS AGENDA ITEM REPORT ATTACHMENTS: 2025-02-27 Minutes BCC SWKS.pdf 2025-03-06 Minutes BCC WKS.pdf 2025-03-27 Minutes BCC RM.pdf 2025-04-03 Minutes BCC WKS.pdf 2025-09-09 Minutes BCC BPH.pdf 2025-09-23 Minutes BCC FBPH.pdf 12

MINUTES Hardee County Board of County Commissioners WORKSHOP SESSION February 27, 2025, at 1:30 PM COMMISSION CHAMBERS 412 WEST ORANGE STREET, ROOM 102, WAUCHULA, FL 33873 13

Hardee County Board of County Commissioners February 27, 2025 2 1. INVOCATION, FOLLOWED BY THE PLEDGE OF ALLEGIANCE 2. CALL TO ORDER Attendee Name Title Status Arrived Timothy E. Wells Commissioner Present Noey A. Flores Vice Chairman Present E. Donald Chancey, Jr. Commissioner Present Russell A. Melendy Chairman Present Kenneth A. Miller Commissioner Present Terry Atchley County Manager Present Victoria L. Rogers Clerk of the Circuit Court & Comptroller Absent Sarah Johnston County Attorney Present Doug Baber Assistant County Manager Present Christopher Simpron Assistant County Manager Present Holly Smith Administrative Services Manager Present Jessica Santibanez Deputy Clerk Present Joley Pleger Deputy Clerk Present Chair Melendy called the meeting to order at 1:31 p.m. 3. PUBLIC COMMENT PORTION FOR NON-AGENDA ITEMS Chair Melendy called for general public comments. None given. 4. BUSINESS AGENDA A. Overview of the Hardee County Industrial Development Authority (IDA) Presentation: County Manager Atchley stated for the record the reason for this special-called workshop; at a previous Board meeting, staff were directed by the Board to invite the IDA for discussion. County Attorney Johnston presented the following presentation. She noted that there is more information in the presentation, which can be found online, than will be presented in today’s meeting.  Hardee County Formation and Authority: o Florida Constitution – 1968 Amendments resulted in “Home Rule”:  Charter and non-charter counties: ▫ Charter – all powers of local self-government not inconsistent with general law ▫ Non-charter – powers of self-government as is provided by general special law  Constitutional Officers – sheriff, tax collector, property appraiser, supervisor of elections, and clerk of court  Form of government – commissioner-administrator, BOCC, county administrator/manager, and county attorney  Governing body of five to seven commissioners  The duties of the Board of County Commissioners (BOCC) are specifically provided for in Chapter 125, Part 1, Florida Statutes, but generally include the following: ▫ Adopt an annual budget ▫ Levy taxes and special assessments, borrow and expend money, and issue bonds ▫ Adopt county ordinances, resolutions, rules of procedure, and prescribe fines and penalties ▫ Provide services related to health and welfare of citizens, such as fire protection, parks and recreation, and waste disposal/collection ▫ Provide for prosecution and defense of legal causes on behalf of the County ▫ Appoint members to and create boards, authorities, committees, and commissioners as required by law 14

Hardee County Board of County Commissioners February 27, 2025 3 ▫ Additional obligations include ensuring the expenditure of County funds serves a public purpose for the residents of the County ▪ For example, the BOCC may expend funds that serve a public purpose for the residents of the County in relation to: ▫ Public health ▫ Certain state welfare programs ▫ Roads ▫ Public transit ▫ Water and sewer ▫ Solid waste ▫ Parks and recreation ▫ Libraries ▫ Water pollution ▫ Zoning and housing ▫ Economic development ▫ Ditches, drains, and canals ▫ Public safety ▪ As a non-charter county, the BOCC may not take actions that are not expressly or impliedly permitted or are expressly prohibited ▪ For example, the BOCC may not spend money on items that provide private benefits, such as: ▫ Buying property for a private business or individual ▫ Investing in private business ▫ Otherwise enriching a private person or business by expending funds in a manner that does not serve an authorized public purpose ▪ What are local development agreements? ▫ The Florida Local Government Development Agreement Act sections 163.3220- 163.3243, Florida Statutes, authorized local governments to enter into development agreements ▫ Development agreements provide assurances to a developer that upon receipt of a development permit they may proceed in accordance with existing laws and policies, subject to the conditions of a development agreement:  A “development permit" includes any building permit, zoning permit, subdivision approval, rezoning, certification, special exception, variance, or any other official action of local government having the effect of permitting the development of land Points that were highlighted by County Attorney Johnston during the presentation include: ● The BOCC is prohibited from lending, using taxing power or credit for the aid of any private person, corporation, or association ● The BOCC can invest public funds ● Bonds can be used for specific items such as airports, ports, industrial manufacturing plants, and electrical transmission facilities ● The Florida Local Government Development Agreement Act, sections 163.3220-163.3243, Florida Statutes, authorized local governments to enter into development agreements: ○ Development agreements provide assurances to a developer that upon receipt of a development permit they may proceed in accordance with existing laws and policies, subject to the conditions of a development agreement ○ A “development permit” includes any building permit, zoning permit, subdivision approval, rezoning, certification, special exception, variance, or any other official action of local government having the effect of permitting the development of land ● As agreements between a developer and a local government, either party has the authority to enforce the conditions of such agreements pursuant to the act 15

Hardee County Board of County Commissioners February 27, 2025 4 ● Additionally, pursuant to the act, any party or aggrieved or adversely affected person may file an action for injunctive relief in the circuit court where the local government is located to enforce the terms of a development agreement or to challenge compliance of the agreement: ○ “Aggrieved or adversely affected party” means any person or local government that will suffer an adverse effect to an interest protected or furthered by the local government comprehensive plan. The alleged adverse interest may be shared with other members of the community at large but must exceed in degree the general interest in community good shared by all persons. The term includes the owner, developer, or applicant for a development order ● Development agreements can be amended by either party in the agreement and challenged by an aggrieved party according to specific requirements ● Beginning in 2008, the County’s development agreements have contained mitigation payments to maintain consistency with the goals and requirements of the County’s Comprehensive Plan. The economic mitigation in the development agreements is paid to the Industrial Development Authority (IDA) ● The County’s current development agreements include: ○ 2008 South Fort Meade Mine – Hardee County Mine (four Amendments) ○ 2012 South Pasture Extension Mine ○ 2018 Ona Mine ○ 2020 South Fort Meade Eastern Reserves ○ 2023 South Fort Meade Eastern Extension ● South Fort Meade Mine-Eastern Extension: ○ $8 million stimulus payment to stimulate and support new housing and community re-development ○ IDA will administer the stimulus payments for infrastructure improvements to support housing and community redevelopment consistent with objectives of the Land Development Agreement (LDA) to utilize contributed funds for infrastructure improvements such as roads, turn lanes, traffic signals, water and wastewater, landfill, telecommunications, and other similar items necessary for residential development ○ Interlocal Agreement between IDA and County requires the funds be used in accordance with the LDA County Attorney Johnston reviewed the history of the Economic Development Authority (EDA), noting that the Hardee County Economic Development Authority was created pursuant to a special act of the Legislature of the State of Florida in 2004 (SB 3110): ● The purpose of the EDA is to solicit, rank, and fund projects that provide economic development opportunities and infrastructure within the County and to otherwise maximize the use of federal, local, and private resources ● The EDA is required to do the following: ○ Adopt rules in conformance with the Administrative Procedure Act ○ Meet at least once each quarter in a public meeting ○ Establish procedures for the solicitation and awarding of grants ○ Direct the clerk to expend funds upon receipt of any voucher signed by at least two members of the EDA ○ Create a standardized application form for grants ○ Perform any other duties adopted by the legislature ● The EDA may do the following: ○ Appropriate funds that have been paid by the state Chief Financial Officer to the clerk in the distribution of the tax on severance of phosphate rock for the administrative costs of the EDA and for economic development and infrastructure projects in the County ○ Conduct business and receive funds ○ Sue and be sued ○ Approve a yearly operating budget ○ Approve or amend time and costs sheets submitted by specified County employees for payment and travel and per diem expenses submitted by EDA members ○ Establish written by-laws ○ Enter into contracts necessary to conduct business ○ Perform any other acts reasonable and necessary to implement and enforce the EDA’s authority 16

Hardee County Board of County Commissioners February 27, 2025 5 ● As an entity created pursuant to a special act, the EDA’s authority may only be changed by another such special act: o Any change in the EDA and its function would have to be a special act by the Florida Legislature. The most recent act narrowed the scope of the EDA; the EDA is now limited to providing infrastructure grants to the three municipalities in the County County Attorney Johnston reviewed the history and scope of the Industrial Development Authority (IDA), noting that according to State statute every county in the State of Florida has an IDA: ● The Hardee County Industrial Development Authority (IDA) is a dependent special district of Hardee County ○ Section 159.45, Florida Statute – “In each county, there is hereby created a local governmental body as a public body corporate and politic to be known as the ‘County Industrial Development Authority[.]’ [The IDA] is constituted as a public instrumentality for the purposes of industrial development[.]” ○ Pursuant to section 159.45, Florida Statute, every county in the State of Florida has an IDA o For an IDA to function, the county’s governing body needs to determine whether there is a need for the IDA to function either:  Upon its own motion; or  Upon the filing of a petition signed by 25 residents of the county o Hardee County’s IDA was created on February 9, 1984, by Resolution No. 84-10, upon the filing of a petition signed by more than 25 residents of the county o Under section 159.45, Florida Statue, the IDA “is constituted as a public instrumentality for the purposes of industrial development[.]” o Resolution No. 84-10 provides that the IDA was created “to foster the economic development of Hardee County[.]” o Additional resolutions were enacted by the Board of County Commissioners amending the creation of the IDA – Resolution Nos. 96-31, 2000-01, 08-31, 12-01, 12- 18, 15-12, and 15-14 o The IDA was restated and had its authority expanded by Resolution No. 96-31 to include promoting industrial development o Pursuant to section 159.45, Florida Statute, the IDA has the power to exercise the powers conferred by sections 159.44 through 159.53: o Section 159.46 provides the purposes of the IDA as follows:  Financing and refinancing projects as provided for by the Florida Industrial Development Financing Act and by ss. 159.44-159.53, and for the purpose of fostering the economic development of the County  Studying the advantages, facilities, resources, products, attractions, and conditions concerning the County with relation to the encouragement of economic development  Cooperating and working with industrial development agencies, chambers of commerce, and other local, state, and federal agencies having responsibilities in the field of industrial development o To achieve its purposes, the IDA has the powers outlined by section 159.47, which includes:  To have perpetual succession as a body politic and corporate and to adopt by-laws for the regulation of its affairs and the conduct of its business  To adopt an official seal and alter the same at pleasure  To maintain an office at such place or places in the county as it may designate  To sue and be sued in its own name and to plead and be impleaded  To enter contracts for any of its authorized purposes  To issue revenue bonds or other debt obligations repayable solely from revenues derived from the sale, operation, or leasing of projects or other payments received under financing agreements with respect thereto, subject to the approval or disapproval of the Commission (powers continue on next page); To exercise all the powers in connection with the authorization, issuance, and sale of revenue bonds to finance the cost of projects conferred on the County by the Florida Industrial Development Financing Act  To acquire by lease, purchase, or option real and personal property for use as sites for the location of projects as defined in the Florida Industrial Development Financing Act (and to prepare such property for industrial use, including the construction of access roads, drainage, and other necessary improvements) 17

Hardee County Board of County Commissioners February 27, 2025 6  To secure the issuance and repayment of industrial development bonds by a security instrument encumbering only the capital improvements, which are financed by the IDA, subject to the approval or disapproval of the Commission  What is the IDA’s relationship with the Board of County Commissioners? o Pursuant to Resolution No. 15-12, the IDA shall consist of no less than five members, with a goal to maintain seven members o The members of the IDA are appointed by the Board of County Commissioners. The members elect their own chair and vice-chair and may choose to appoint their own secretary and other necessary officers (Resolution No. 84-10) o The IDA must report to the BOCC, either in person or through its minutes, on at least a bi-monthly basis (Resolution No. 84-10) o Members may be removed by the BOCC for misfeasance, malfeasance, or willful neglect of duty (Resolution No, 96-31) o The IDA members are appointed by the BOCC and must have a board of no less than five members; their goal is to maintain a board of seven; the IDA Board elects its own chair and vice chair o Section 159.48, Florida Statute, authorizes the BOCC to levy ad valorem taxes in an amount not to exceed one mill annually for the purposes of the IDA:  The proceeds of such ad valorem tax shall be used to aid the IDA in fostering, developing, and locating industry in the county and to pay the reasonable operating expenses of the authority to the extent that the BOCC finds necessary  No ad valorem taxes shall be used for the purpose of paying the interest or principal on any bonds issued to finance or refinance an industrial or manufacturing project Chair Melendy called for any questions for the County Attorney. None noted. B. Economic Development Council (EDC)/Industrial Development Authority (IDA) Program Overview and Update: The Development Group President/CEO, Denise Grimsley, Chief Operating Officer, Sarah Evers, and Chief Administrative Officer, Krystin Chapman, presented Redefining Rural Economic Development: CEO Grimsley informed the BOCC that since July 2022, the Industrial Development Authority (IDA) has conducted a clear and comprehensive review of the past decade of economic development activity in Hardee County. Findings revealed it to be an organization with outdated policies, limited communication, and no strategic plan. As President of The Development Group, CEO Grimsley was tasked by the IDA Board with a 3-year turn-around effort; a full turn-around of an organization typically takes five years, but meaningful change can be shown by the end of year three. Evidence of these changes can be seen in the IDA. CEO Grimsley reviewed the statutory purpose of the IDA and its role in economic development; she offered a brief explanation between the EDC (The Development Group) and the IDA:  Purpose of the IDA: o Florida Statute Chapter 159, Part III - Florida Industrial Development Financing Act - established the Industrial Development Authority:  IDAs were created to promote economic growth by facilitating financing for industrial manufacturing projects  Primary Role: IDAs should finance projects that create jobs, support industry, and enhance public welfare  IDAs operate as separate legal entities, shielding the county from direct financial liability when financing private projects  The Legislature enacted these provisions to enable local governments to issue tax-exempt bonds CEO Grimsley noted that until this year the IDA had not explored the option of using bonds. o Job creation and retention are a purpose of the IDA o Financing infrastructure:  The Legislative intent of the IDA is to enhance the economic welfare of Florida residents by providing access to low-cost financing for industrial development 18

Hardee County Board of County Commissioners February 27, 2025 7  This is primarily achieved through industrial revenue bonds, which are repaid through project revenues rather than public funds o Encouraging private investments o Economic diversification o Community development o Regional competitiveness o Primary role – IDAs should finance projects that create jobs, support industry, and enhance public welfare:  The IDA and the Economic Development Council share the same board members; each entity operates under its own set of policies and procedures  The Economic Development Council is a 501(C)3 nonprofit organization, which does business in the State of Florida as The Development Group  The Development Group is responsible for managing the affairs of the Industrial Development Authority  The Development Group – leads economic and community development organization: o Economic Development Authority – main funding source for infrastructure and business investment o Industrial Development Authority – implements economic development projects o Main Street Wauchula and CRA (Community Redevelopment Agency) – City of Wauchula economic development leaders o Hardee Chamber of Commerce – business retention, marketing, and recruitment  The EDA consists of the five county commissioners along with representatives from the City of Wauchula, the Town of Zolfo, the City of Bowling Green, and CareerSource Heartland  Prior to 2012, the EDA Board was primarily composed of private citizens and the Executive Director of the IDA  Since the EDA has no dedicated staff, the IDA has historically managed grants for the IDA and the EDA compensated the IDA for those services  In the past year, the IDA has ceased asking for or receiving any reimbursement from the EDA  The EDA has shifted its focus from start-up organizations to providing funding for infrastructure CEO Grimsley informed the Board that a three-year strategic plan was implemented to drive meaningful change and effectively measure progress. In year two, a key focus initiative was building trust through consistent and transparent communication; a communication policy was embraced that included monthly newsletters and regular community engagement efforts. The Development Group discovered that attracting potential companies was significantly more challenging when the organization was seen as part of a rural government, rather than a private economic development entity. The Development Group’s brand identity was formed as a result of this finding. 19

Hardee County Board of County Commissioners February 27, 2025 8  External Focus: One Community, MANY Opportunities: o In January 2024, The Development Group asked residents, via the Hardee Speaks County-Wide Survey, to help shape Hardee County’s economic future. They provided important information that will help determine:  The new industries that would be a good match for Hardee County  The best way to ensure good-paying jobs and opportunity in our community  The amenities that should be available for both residents and businesses  The greatest needs in Hardee County, from housing and healthcare to transportation and recreation o The survey was conducted through multiple channels including text messages, phone calls, social media, and direct mail o Top priorities that the survey found were attracting new businesses, improving K-12 education, increasing health-care providers, expanding affordable childcare options, developing job-training programs, and expanding housing options o By establishing these five pillars based on direct input from Hardee County residents, The Development Group is ensuring that economic development efforts align with the community’s vision and priorities  Building a Vibrant Community: A Blueprint for Citizen-Powered Change: ○ What defines a vibrant community? ○ The answer to this question is defined as a community where:  Young professionals can build their futures  Where talent and private investment are attracted  Where a strong tax base ensures financial stability  A place that is safe, clean, and supported by an excellent education system ○ The Development Group has condensed these principles into a 6-week course and have graduated seven classes with an eighth underway, and a ninth to begin soon. Commissioner Melendy, Commissioner Wells, and Commissioner Miller are graduates of this program ○ The Building a Vibrant Community series emphasizes the importance of civic engagement, vibrant downtown spaces, education, healthcare, housing, and infrastructure ○ Recreation is what we do on Saturdays; tourism is what other people pay to come here to do on Saturdays ○ A key focus area is downtown economic development ○ The Development Group is actively working with Florida Gulf Coast University and South Florida State College to establish a business incubator on Main Street funded by a state grant  Education and Healthcare: ○ Hardee County graduation rates are down to 73 percent, which is about a 20 percent decline since 2022 ○ Kindergarten readiness scores are declining at 34 percent ○ Third grade and eighth grade math scores are declining ○ Early childhood learning is critical for the future workforce and reduces the burden on the school system ○ TDG strongly believes that Hardee County should be a place where people can build careers and not just childhood memories. The goal is to create opportunities in Hardee County so the best and brightest do not t have to look elsewhere 20

Hardee County Board of County Commissioners February 27, 2025 9 ○ Talent is the number one incentive that companies look for, then the healthcare system followed by downtown ○ The community survey revealed a strong demand for more healthcare specialists. Currently, no physician lives and works in Hardee County ○ The need for an assisted living facility with a memory care unit was also identified ○ AdventHealth has acquired two additional lots for future expansion and potentially an ambulatory surgery center  Housing: ○ A housing study revealed that the number of demolition permits pulled equal to the number of new construction permits ○ 50 percent of the housing in Hardee County is over 40 years old ○ Three housing programs were launched by The Development Group ○ It is essential to balance new housing development for current residents with attracting new residents who bring outside revenue into the county ○ Additional rooftops can put a strain on public services due to property tax exemptions. Higher-income home construction is needed to maintain and improve upon infrastructure  Digital Connectivity: ○ A necessity more than a luxury for future growth ○ People can live anywhere if they can work remotely ○ Expanding fiber availability will help keep the county competitive  Infrastructure: ○ The Ona Mine agreement has an infrastructure segment of $400,000 budgeted dollars to be used to supplement any EDA project. ○ Previous projects have included improvements to the fairgrounds and infrastructure at Hidden Creek on Louisiana Avenue  Focus Groups: ○ Engagement - continuous pursuit of engaging with Hardee County residents to form a sustainable program ○ Transparency - consistent improvements to best practices, increasing transparency and communications ○ The Development Group offers custom business solutions and incentives for companies looking to scale their businesses ○ Three types of focus groups - education, housing, and high school athletics ○ The longest running focus group is dedicated to youth and athletics  Internal Focus - Implementing Best Practices: o Record keeping:  Streamlined records management  Improved financial reporting  Consistent practices o Best practices:  Enhanced contracts  Regular construction management meetings  Optimized legal presence o Professionalism:  Strengthened relationships  Increased engagement  Staff development  Implemented board education CEO Grimsley noted that The Development Group’s focus shifted internally in the fourth quarter of 2023, with an emphasis on prioritizing updating accounting practices. Contracts issued prior to 2024 lacked standardization and favored businesses, rather than the IDA; contracts have been restructured to ensure greater financial oversight and stronger protection for public investments. o Highlighted differences between a pre-2022 contract and a new 2025 contract:  Innovar Structures (pre 2022 contract):  Guaranteed purchase price  Right of first refusal  IDA responsible for building insurance  No inflator  IDA responsible for major repairs  SafeGage America Manufacturing, Inc. (2025 contract):  Business plan  Triple net  Annual inflator  Purchase option 21

Hardee County Board of County Commissioners February 27, 2025 10  Appraised value or investment (whichever is greater)  Personal guarantees  Quarterly verification  Job creation  Financials  Manufacturing Strategy - Leveraging Hardee County’s Unique Strengths: o Strategic Goals:  Contribute to Florida’s manufacturing footprint  Capitalize on our unique position - close to buyers, suppliers, and transportation routes  Support workforce development  Promote rural advantages - lower property taxes and cost of living o Key Initiatives:  Workforce development  Infrastructure development  Marketing and promotion  Economic impact and national security o Collaborations and partnerships:  Educational institutions  Workforce and EDOs  Local and state government o Metrics for success:  Job creation  Economic growth  Business relocation and expansion  Workforce development  Infrastructure milestones Chief Administrative Officer, Krystin Chapman, informed the Board about microcredentials/digital badge and explained how these industry and business specific programs will contribute to a skilled workforce through a partnership with local colleges and universities. She emphasized the strong work ethic in the Hardee community and how this is an asset when combined with programs like microcredentials and digital badges. CEO Grimsley explained that the Hardee Business Park is the only business center zoned CIBC (Commercial Industrial Business Center). CEO Grimsley provided clarity regarding the properties under the IDA’s management; the majority of the parcels are located in the business park. Truss Works, LLC, recently purchased a parcel of land next door to the business park. Culver’s is under contract for the old Scottie’s building with a closing set for on or before November 25, 2025. The current business in the old Scottie’s building is relocating to the business park. A grant has been applied for to extend Hogan Street connecting the north-bound and south-bound lands of U.S. Highway 17 at AdventHealth hospital. 22

Hardee County Board of County Commissioners February 27, 2025 11 CEO Grimsley reviewed the IDA contributions to the county tax base, noting that the IDA contributed $271,000 in property taxes last year; IDA affiliated businesses recently contributed $139,000 in property taxes, and $162,000 in tangible personal property taxes. She highlighted key initiatives of The Development Group shown in the slide below: Since 2022, The Development Group has secured $12.7 million in grant funding. CEO Grimsley reviewed the individual grants for the Board and projects that have resulted from these grants. One included an inland port study and communication with SeaPort Manatee. The Development Group rebranding has allowed them to establish an identity independent of the government, which has opened additional opportunities for securing grants. An example of this is that Hardee County and the IDA can now receive funding through the Rural Infrastructure Funding Grant. Grants have become an essential revenue stream in light of the fact that all of the Local Development Agreements (shown below) have expired with the exception of the Ona Mine Agreement, which continues to provide $2 million per year. The Eastern Extension Agreement will also provide another $2 million. Chief Operating Officer, Sarah Evers, read Goal E5, Policy E5 from the Hardee County Comprehensive Plan section on Economic Development relating to mining and local development agreements. She noted that each local development agreement contains goals and objectives; it is the role and objective of the IDA to carry out these priorities.  Local Development Agreements: o South Ft. Meade (2008):  $50,386,735 total  $6 million to BOCC o Ona Mine (July 2018):  Only recurring dollars  25-year term  Workforce Development Endowment managed by the Hardee County Education Foundation, Inc. o Eastern Extension (July 2023):  81-acre property - provided by Mosaic Fertilizer, LLC, on Bostick Road for housing development  $8 million economic payment  $800,000 of this $8 million was allocated to the BOCC for water and sewer infrastructure (Bostick Rd) CEO Grimsley highlighted the following projects and companies:  Honey Bear Bake Co (a pre-2022 project): o 126 W. Main St., Wauchula - purchased for $111,000 23

Hardee County Board of County Commissioners February 27, 2025 12 o Originally intended for office space o Triple Net Lease - tenant is responsible for operating costs, maintenance, and taxes and insurance - $2,317 for monthly rent o Purchase option  113 N. 7th Ave, Wauchula: o Purchased for $135,000 o Sold to adjacent property owner (less parking) o IDA gained ownership of additional parking in transaction o Construction deliverables o $1.4 million Rural Infrastructure Grant will be used for renovating the parking lot  R. Riveter: o Purchased for $910,000 o Manufacturing downtown o Assessing best and highest Use CEO Grimsley noted that it was a mistake for the IDA to try and fit a manufacturer, such as R. Riveter, into a retail space. She noted that the property was under construction in 2022, when the reorganization began and it is still under construction today. The R. Riveter company is a manufacturer and will never be a retail space; they currently have plans to relocate to the business park. The building is in the final stages of repair. The IDA believes the current R. Riveter location is the perfect site for the business and culinary incubator. Current Industrial Development (IDA) Board Members: • Chair Lee Mikell - financial • Vice Chair Barney Cherry - agriculture • Courtney Green - business and county workforce • Calli Ward - future economic development • Chris Idsardi - housing and construction • John Gill, P.A. - healthcare • Rebekah Tucker - business and county workforce • BOCC Liaison - Commissioner Miller Resolution 2023-50, passed by the BOCC in July 2023 defined the IDA Board as having seven members with representation in the areas of healthcare, housing and construction, business and county workforce, finance, agriculture, i.e., individuals with substantial stake in the future of the county’s economic development. The board is a volunteer board subject to the Florida Sunshine Law. The Development Group mission is “inspiring economic growth”, and their vision statement is as follows: The Development Group is creating a strong community of integrity where people want to be. Chair Melendy thanked CEO Grimsley for the presentation. Chair Melendy recessed the meeting at 2:45 p.m. Chair Melendy reconvened the meeting at 3:00 p.m. Chair Melendy opened the floor for discussion and questions from the Board. Commissioner Flores commended The Development Group representatives for a well-prepared presentation that answered many of his questions. He noted that he feels more comfortable about the direction the group is headed. Commissioner Chancey echoed his thoughts about the great presentation. He referenced his one-on-one meeting with Mosaic Fertilizer, LLC (Mosaic), and the five elements that were discussed; specifically, he inquired about the $8 million used for education. Chief Administrative Officer Chapman explained the $8 million endowment managed by Hardee County Education Foundation, Inc. Applications are received from residents who are reimbursed educational costs from interest generated from the $8 million. Scholarship applications are ranked and awarded at a rate of 20 percent of the scholarship award for each year that they live in Hardee County. Commissioner Chancey inquired about Hogan Street and whether this is the property that was purchased by the IDA for $260,000 to make the roadway through this property. Chief Operating Officer Evers affirmed that the IDA had purchased this property knowing that the road extension would be a priority due to its proximity to the hospital; this property (Hogan Street) is separate from the Culvers’ purchase. The grant for $431,000 is to pave the road connecting the north-bound and south-bound U.S. Highway 17 lanes. CEO Grimsley noted that the extension and paving of Hogan Street will considerably benefit Culvers. 24

Hardee County Board of County Commissioners February 27, 2025 13 Commissioner Chancey inquired about the five Mosaic agreements and if all five of them are with the BOCC. CEO Grimsley explained that the local development agreement is with the BOCC; the economic development dollars went directly to the IDA with the exception of the last one where the dollars went to the County and then the IDA through an interlocal agreement. Commissioner Chancey expressed his personal opinion that because the agreements are between Mosaic and the BOCC the money should go to the Clerk of Courts to be dispersed so that there will be public record of the funds. CEO Grimsley noted that public records can be requested of the IDA and will be honored. CEO Grimsley explained that The Development Group submits a monthly executive report to their Board, which can be given to the BOCC as well or the report can come to the BOCC through Commissioner Miller as the liaison; she noted that The Development Groug can provide the BOCC with as much communication as they would like. County Attorney Johnston informed Commissioner Chancey that the terms of the agreements, as originally established by the BOCC at the time, directed the economic stimulus payments to go directly to the IDA not to the County first to then be dispersed to the IDA. CEO Grimsley noted that pre-2022 agreements and post-2022 agreements differ in transparency levels and how things were done. Commissioner Chancey affirmed that what is being done now with the IDA is significantly better than the past; his main concern is with making sure that someone is accountable for the money whether it is the IDA or the BOCC. Commissioner Wells affirmed the quality of the presentation given, noting that several of his questions were answered by what was shared. He noted that some of his questions come directly from constituents and asked, “Is it the purpose of The Development Group to purchase properties?” Specifically, he highlighted the number of properties purchased, the amount spent on those properties, and the question of whether they all have a purpose. Commissioner Wells inquired about a property near the airport that has no access. CEO Grimsley affirmed that the properties have access through an easement and were purchased for the purpose of future development in expanding the runways and industrial operations around the airport. The property has been cleared and if there is no ready tenant in the next year it will be fenced and leased to an agricultural producer. Commissioner Wells stated that it seems The Development Group is turning into a real estate holding. CEO Grimsley responded to this statement, noting that The Development Group’s intent is to divest these properties; they will be aggressively marketing commercial properties this year to bring in manufacturing. Commissioner Wells inquired about the status of the company that is manufacturing gloves. Chief Operating Officer Evers noted that the IDA Board approved the grant award agreements for that project at their last board meeting. The Development Group is currently negotiating a lease purchase agreement with SafeGage, the medical glove manufacturer. The engineer and architect are waiting to start on the project once the lease purchase agreement has been approved by the board (likely at the March meeting). Commissioner Wells referenced his preference for new businesses driving the need for new homes. He is in favor of assisting but not funding new industries in the county. Chief Administrative Officer Chapman noted that investing in capital outlay, i.e., a building, rather than business operations, protects the IDA assets, because the buildings can be leased or sold to another business. Marketing to real estate brokers outside of the region is a priority and focus in 2025. Commissioner Wells asked for an update on the status of R. Riveter following their filing of Chapter 11 and reorganization. Chief Operating Officer Evers noted that R. Riveter is still fully operating in their current space while going through the Chapter 11 bankruptcy process; the company is working with a private entity on a potential relocation plan out at the business park. Commissioner Wells inquired about the Eastern Extension Land Development Project and the money associated with it that has been received by The Development Group. Chief Administrative Officer Chapman noted that of the $6 million, $5.2 million stayed with The Development Group and $800,000 went to the County for sewer and water infrastructure. $5.18 million is available and budgeted for as follows: $1 million for housing and the multipurpose facility, $1 million for the Gardens at Midtown, and $3.18 million for the housing program. Commissioner Wells expressed his support for the triple net leases and inquired about the annual inflator clause. Chief Operating Officer Evers noted that in future land development agreements there will be a 3.5 percent annual inflator clause for rent. Commissioner Wells thanked The Development Group for their presentation and the IDA Board for their support and participation in the meeting. He expressed his agreement with recent decisions of the board. Commissioner Flores expressed a desire to make sure that the public knows what is happening. He acknowledged what The Development Group is doing needs to be transparent. Commissioner Flores noted that the EDA has focused on infrastructure and raised the question of funds being diverted to the EDA from the Mosaic agreements. The purpose for diverting funds 25

Hardee County Board of County Commissioners February 27, 2025 14 would be to fund projects like water and sewer. He noted the challenge of properties being purchased and developed into 5- acre homesites and how this may affect future developments. Commissioner Flores expressed his understanding that $8 million would be used for Bostick Road development and infrastructure. He understood that the intention of the funds from Mosaic was for this project. CEO Grimsley responded to Commissioner Flores’ comments, noting that there is money budgeted by the IDA for infrastructure (roads, turn lanes, traffic signals, water and wastewater, landfills, and telecommunication). She expressed that if they could work with the EDA on a 5-year plan then they could help accomplish specific projects. CEO Grimsley noted that none of the money (from the $8 million) has been given out to date; there are no specific obligations, and The Development Group is happy to work with the County on infrastructure. Commissioner Flores asked for clarification regarding why funds are being given to a developer for their own personal project rather than the IDA helping to finance a low to no-interest loan for the developer to be repaid as lots are sold. CEO Grimsley noted that the Florida Avenue Project is outside of The Development Group’s Strategic Plan because the State does not want septic tanks; a focus on installing water and sewer on specific corridors is preferred. If the BOCC chose another overlay zone (like the Torrey Community overlay), the IDA would also target this area and direct money there. CEO Grimsley asked Chief Operating Officer Evers to explain the three housing options. Chief Operating Officer Evers explained that one option is for water and sewer infrastructure needs and funding would be for the infrastructure up to just outside the development with the inside being funded by the developer. The other two options involve land acquisition costs where the developer can seek reimbursement for the cost of a property acquisition. These options include a developer agreement between the IDA and the developer with strict and stringent obligations and deliverables that must be met by the developer. Some of these deliverables are related to aesthetics, i.e., sidewalks, landscaping, lighting, etc., or involve deed restrictions. Commissioner Flores noted that the IDA owns approximately 68 properties, 33 of which are located in the industrial park. He asked if the Board has any concerns that acquiring the r