§ 2-192. Definitions. [Repealed]  

Effective on Tuesday, February 7, 2017
  • For the purposes of this article, the following terms shall mean:

    Act shall mean The Florida Enterprise Zone Act of 1994 and cited herein as "The Act".

    Agency shall mean the City of Lake Wales Enterprise Zone Development Agency, a public body corporate and politic, created by the City Commission, pursuant to the Act, for purposes of exercising the powers and responsibilities designated herein.

    Area shall mean the City of Lake Wales Enterprise zone, its boundaries created and delineated by the city commission in for purposes of participating in the Florida Enterprise Zone Program pursuant to the Act. The area shall be approved and designated by the State of Florida as an area targeted for economic revitalization by way of offering businesses financial incentives to encourage private investment and employment opportunities for the Area's residents.

    Strategic plan shall mean the enterprise zone development plan adopted by the city commission in accordance with the Act.

(Ord. No. 2004-05, § 1, 4-7-04; Ord. No. 2017-02, § 7, 02-07-2017)