№ files_lp_4_process_2_58517
Municipal policy document outlining performance-based economic development incentives, eligibility requirements, and administrative procedures used by the City of Deltona to encourage commercial investment, infrastructure improvements, and job creation.
Year: circa 2021
Region / City: Deltona, Florida
Country: United States
Document Type: Municipal economic development incentive program description
Institution: City of Deltona
Governing Body: Deltona City Commission
Subject: Economic development incentives and job creation policy
Target Sector: Qualified primary target industries and expanding businesses
Eligibility Criteria: Businesses creating new jobs with wages at least 115% of the Volusia County average wage
Minimum Job Requirement: 10 new full-time jobs within one year of project completion
Incentive Types: Ad Valorem tax reimbursement, impact fee reimbursement, permit fee reimbursement, expedited processing, infrastructure incentive grants, land assembly initiatives, green development incentives
Infrastructure Programs Referenced: Economic Development Transportation Fund (EDTF)
Geographic Scope: City of Deltona
Approval Process: Case-by-case approval by the Deltona City Commission
Payment Structure: Incentives paid based on proof of performance and distributed annually over four years for job creation incentives
Associated Programs: Business Retention & Expansion Program
Environmental Policy Component: LEED-qualified green development support
Document Pagination: Page 1
Document Date Reference: May 17, 2021
Price: 8 / 10 USD
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