Enterprise Florida Board of Director s Meeting. January 29, 2016 Tallahassee, Florida

Transcription

1 Enterprise Florida Board of Director s Meeting January 29, 2016 Tallahassee, Florida

2 Welcome Alan Becker Board of Directors Vice Chair

3 ROLL CALL

4 Chairman s Welcome Governor Rick Scott

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7 Job Creator Awards 7

8 Finance & Compensation Report Marlin Hutchens, Chair

9 Author

10 Audit Committee Report Brian Lamb, Chair

11 House Legislative Update Representative Jim Boyd

12 Senate Legislative Update Senator Nancy Detert

13 Regional Update Jeff Hendry, Executive Director North Florida Economic Development Partnership

14 A SNAPSHOT OF RURAL ECONOMIC DEVELOPMENT IN FLORIDA Presented to Enterprise Florida Board of Directors By Jeff Hendry, Executive Director North Florida Economic Development Partnership January 29, 2016 Augustus B. Turnbull III FSU Conference Center Tallahassee, Florida

15 Presentation Objectives Importance of Rural Economic Development in Florida Critical Need for Incentives and Rural-Focused Programs for Competitiveness Rural Project Examples Rural Priority Number One: PRODUCT DEVELOPMENT Resources/Investment in identifying and evaluating High-Priority, High Quality Sites for Private Development (Strategic Sites Inventory)

16 Escambi a Santa Rosa Okaloosa Walton Holmes Jackson Freeport Florida s RAO Counties Northwest Florida RAO Washingto n Ba y Calhoun Gulf Libert y Franklin Gadsde n Wakull a Leon Jefferson Madiso n Taylor Lafayett e Hamilton Suwanne e Dixie Gilchrist Levy Columbia Bake r Bradfor d Alachua Marion Nassa u Duval Clay Putnam St. Johns Flagle r 1. Calhoun 2. Franklin 3. Gadsden 4. Gulf 5. Holmes 6. Jackson 7. Liberty 8. Wakulla 9. Washington 10.City of Freeport South Central Florida RAO 1. DeSoto 2. Glades 3. Hardee 4. Hendry 5. Highlands 6. Okeechobee 7. City of Belle Glade 8. City of Pahokee 9. City of South Bay 10. Immokalee Area (included within the Round II Federal Enterprise Community Rural Areas of Opportunity (RAO) 1. The area in green is the area first designated as a Rural Area of Opportunity. 2. The area in orange is the second area designated as a Rural Area of Opportunity. 3. The area in yellow indicate the third area designated as a Rural Area of Opportunity. North Central Florida RAO 1. Baker 8. Lafayette 2. Bradford 9. Levy 3. Columbia 10. Madison 4. Dixie 11. Putnam 5. Gilchrist 12. Suwannee 6. Hamilton 13. Taylor 7. Jefferson 14. Union Citru s Hernando Pasc o Sumte r Hillsborough Manatee Immokalee Area Belle Glade Sarasot a South Bay Lake Polk Hardee DeSot o Charlott e Le e Volusi a Seminole Orange Osceola Brevard Highlands Okeechobe e Collie r Hendr y Glades Monro e Indian River St. Lucie Martin Palm Beach Broward Dade Pahoke e

17 Project Breaker Gadsden County County average wage is $31,828 Retention / Expansion of Freight & Logistics support company Lead generated through County EDO profile in 850 Magazine Retaining 21 Florida jobs at an avg wage of $50,298 Adding 10 new to Florida jobs at an avg wage of $50,500 $2.1 million capital investment plus $400,000 of infrastructure needs Greenfield Build to Suit 25,000 square feet 8.5 acres with Interstate 10 visibility 1750 linear feet of new access road and water, sewer and electric utilities Additional turn lane onto access road

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19 Project Development Parameters Does not qualify for QTI Dependent upon CDBG and Rural Infrastructure Fund Potential candidate for EDA funding Company evaluated 4 sites with interstate visibility EDO invested $10,000 to conduct detailed sites analysis Company will support workforce training program at County technical school EDO and Tech School reps traveled to Alabama to tour similar company sponsored program MUST HAVE INTERSTATE VISIBILITY

20 CATALYST SITE 2011

21 CATALYST SITE 2012

22 KLAUSNER JANUARY 2016

23 KLAUSNER LUMBER ONE (Suwannee County) State and Federal Incentives: $12,096,000 Private Capital Investment (Over Three Years): $130,000,000 Jobs and Economic Impact: Construction Phase Jobs (Temporary): 734 (direct, indirect, induced) $29,535,735 Operations Phase Jobs (Permanent 3 years) 940 (direct, indirect, induced) $36,803,336 * *This figure is the impact ANNUALLY* Average Wages: $39,900* *Includes Health, Retirement Benefits Suwannee County Average Wage: $25,182 Estimated, Aggregate Value Proposition Over 10 years: $907,471,987* *Includes Company Private Capital Investment, State and Federal Incentives, construction and operations jobs income over ten years.

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25 President s Update Bill Johnson President & CEO

26 EFI Board Meeting January 29, 2016 Bill Johnson Secretary of Commerce President & CEO Enterprise Florida

27 Job Creation: Four-Year Recap

28 Goals for FY 2016 Division Goal FY Goal Mid Year Actual Executive Office Job growth 27,500 11,296 Business Development International Trade Development Marketing and Communications MaSBEC Florida Sports Foundation Announced (established) Projects Capital Investment $2.25B $1.24B Target Sector Client Consultations 1,800 1,170 Clients are in Target Sectors 70% 80% Positive messages across all news and trade media Website Traffic 250, ,777 (by 101,634 unique users) Commit funding to loan programs that support Small and Minority owned businesses Invest in VC-type funding for Small and Minority owned businesses Assist Florida regions to bid on 15 events per quarter $5M $2.28M $5.0M $1.95M Produce ROI of $150:1 from 3 grant programs $150:1 $231:1 Produce Sports Tourism jobs 4,000 4,026 Strategic Partnerships Board Member Retention 92% 100% Private Funds Invested in EFI $1.75M $800, 000 Administer Defense Support Task Force 100% 100%

29 Growing Florida s Economy

30 Target: Connecticut

31 Reasons Projects Were Lost 60 Number of Projects Incentives Site Location Financing Workforce Tax Climate

32 2016: Opportunities & Challenges Legislative Agenda Top Priority Strong Team In-house, New Outside Resources Public-Private Partnerships Throughout State Reviews & Audits

33 Launching a New Marketing Campaign Business Florida is Fearless Original Independent And Always Looking to The Future 33

34 Team Florida Marketing Update Eric Silagy Chair Joe Hice Chief Marketing Officer & SVP

35 DEO Update Cissy Proctor Executive Director Department of Economic Opportunity

36 Public Private Partnerships George Burgess COO Becker & Poliakoff, P.A. Diane Gonzalez SVP Enterprise Florida, Inc. Yukiko Kojima Partner Nossaman LLP

37 ACTION ITEMS

38 APPROVAL OF MINUTES

39 CONSENT AGENDA

40 Board Membership Renewals Alan Becker Attorney/Founding Shareholder Joe Meterchick Regional President - Florida Carol Craig Founder & CEO Ernie Diaz Regional President Eric E. Silagy President & CEO Jorge Gonzalez President & CEO Andy Rosen Chairman Marlin Hutchens Market Vice President Gilberto Neves President & CEO, USA Anthony Connelly SVP, Operations Disney Cruise Line

41 New Board Member Bill Martin Chief Executive Officer Florida Realtors

42 New Company Representatives Tom Pennekamp Government Relations Manager SunTrust Bank Michael L. Dosal Market Manager - Middle Market Commercial Banking JPMorgan Chase & Co.

43 2ND QUARTER INTERIM FINANCIAL STATEMENTS ENDING DECEMBER 31, 2015

44 VISIT FLORIDA Board Recommendations Toni Carraciolo VP of Marketing & Sales SeaWorld Parks & Resorts Orlando SeaWorld, Discovery Cove and Aquatica Samantha H. Padgett General Counsel Florida Retail Federation

45 RATIFICATION OF LEGISLATIVE PRIORITIES

46 2015/2016 OPERATIONS PLAN

47 Public Comment

48 APPROVAL OF CONSENT AGENDA

49 Special thank you: Robert Coker Senior Vice President, Public Affairs

50 Special thanks to our sponsors:

51 ENTERPRISE FLORIDA INVESTORS

52 CLOSING REMARKS & ADJOURNMENT

53 SAVE THE DATES May 10 11, 2016: Naples* September 28 29, 2016: Orlando November 29-30, 2016: Sandestin* *Please Note that these dates have changed and the meetings are being held on Tuesday and Wednesday.

54 ENTERPRISEFLORIDA.COM