Polk County sets Nov. 3 hearing on tax break for Project Puerto Rico 2.0
County commissioners are set to take up a proposed ad valorem tax exemption for an expanding business at a Nov. 3 hearing in Bartow. The notice says the project would bring jobs and capital investment and would affect one business.
Polk County has posted a notice for a Nov. 3 public hearing on a proposed ordinance that would create an exemption from certain ad valorem taxes for an expanding business the county refers to as Project Puerto Rico 2.0. Commissioners are scheduled to hear it Tuesday, Nov. 3, at 9 a.m. in the Commission Boardroom at the County Administration Building, 330 W. Church St., Bartow. [f1, f3]
What the notice says the proposal would do
The county says the project would bring new, high-wage, full-time jobs and a substantial capital investment in Polk County. The same notice says the ordinance would add no new charge or fee and estimates only one business would be directly affected. [f2, f5, f6]
What residents should know
The business impact statement puts the direct economic impact on private, for-profit businesses at $0.00. That suggests a narrowly targeted incentive proposal, not a countywide tax change. [f4, f1]
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