Meeting Type: BCC Regular Meeting
Meeting Date: 2/6/2024
Item Status: New
From: Roger H. Rendleman, County Administrator
Submitted by: Anu Gary, Administrative Services Manager
______________________________________________________________________
ITEM TITLE
Title
Resolution #2024-075 - Ecovery, LLC Tax Abatement - Extension of Sales and Use Tax Exemption Certificate
Recommendation
STAFF RECOMMENDATION
Recommendation
Take the following actions:
1) Adopt Resolution #2024-075, which grants Ecovery, LLC an extension of its sales and use tax exemption certificate until December 31, 2024; and
2) Approve the amended Tax Abatement Agreement between the Baldwin County Commission and Ecovery, LLC; and
3) Forward to the Office of the Revenue Commissioner of Baldwin County and the Office of Probate Judge of Baldwin County, Resolution #2024-075 and associated documents regarding the amended Tax Abatement.
End
BACKGROUND INFORMATION
Previous Commission action/date: See below.
Background: Ecovery, LLC is requesting that its current sales and use tax exemption certificate which expired on January 1, 2024, be extended to December 31, 2024, for Ecovery, LLC to complete its current facility expansions. See attached request letter from Ecovery, LLC.
The Commission approved a Tax Abatement Agreement with Ecovery, LLC on April 5, 2022, for its facility expansion project. The Tax Abatement Agreement was amended on April 18, 2023, due to the increase in the capital investment amount for the project by Ecovery, LLC.
Section 40-9B-1, et seq., Code of Alabama 1975, or what is commonly referred to as the "Tax Incentive Reform Act of 1992," authorizes certain entities to grant Tax Abatements in their respective effort to attract new industries and encourage existing industries to expand their pursuits in their varied jurisdictions.
FINANCIAL IMPACT
Total cost of recommendation: N/A
Budget line item(s) to be used: N/A
If this is not a budgeted expenditure, does the recommendation create a need for funding? N/A
LEGAL IMPACT
Is legal review necessary for this staff recommendation and related documents?
No
Reviewed/approved by: N/A
Additional comments: N/A
ADVERTISING REQUIREMENTS
Is advertising required for this recommendation? N/A
If the proof of publication affidavit is not attached, list the reason: N/A
FOLLOW UP IMPLEMENTATION
For time-sensitive follow up, select deadline date for follow up: N/A
Individual(s) responsible for follow up: Administration
Action required (list contact persons/addresses if documents are to be mailed or emailed): Certified Copy of Resolution, with agreement to:
The Honorable Teddy Faust
Revenue Commissioner
Baldwin County, Alabama
Post Office Box 1389
Bay Minette, Alabama 36507
The Honorable Harry D’Olive
Judge of Probate
Baldwin County, Alabama
Post Office Box 459
Bay Minette, Alabama 36507
Mr. Kevin Sloan
Ecovery, LLC
26320 Railroad Ave
Loxley, Alabama 36561
Cc:
Lee Lawson, BCEDA - llawson@baldwineda.com
Connor Bradford, BCEDA - cbradford@baldwineda.com
Roger Rendleman
Beth Hodges
Heather Gwynn
Shelby Middleton
Lee Ann Raley
Additional instructions/notes: N/A