§ 29-84. Eligibility requirements.

(a)

To be eligible for this exemption, a new or expanding business must increase its employment roll over the year preceding the initial granting of the exemption by a minimum of five (5) new full-time jobs. It shall be a condition precedent to the granting of each annual renewal that the additional new jobs created as a result of the new business or expansion be maintained for the duration of the exemption.

(b)

To be eligible for this exemption, a new or expanded business shall provide a statement, on a form approved by the Board of County Commissioners, that no less than five (5) new full-time jobs have are created; and if applicable, no less than twenty (20) percent of its permanent full-time employees are residents of an enterprise zone.

(c)

A new or expanded business that meets the eligibility requirements of this section and submits an application as required by this article, shall, for the purposes of receiving any incentive or benefits available under the Code of Miami-Dade County, Florida, or otherwise offered by Miami-Dade County, be deemed to have been granted the economic ad valorem tax exemption pursuant to this article.

(Ord. No. 88-27, § 3, 4-19-88; Ord. No. 96-74, § 2, 5-21-96; Ord. No. 13-51, § 1, 6-4-13)