More Information - Economic Development Incentives

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DEMOLITION SERVICES - INCENTIVE

This incentive is meant to encourage the development of new facilities along major City corridors and preferred areas of redevelopment.

    ELIGIBILITY CRITERIA:
  • Economic Development Targeted Industry projects.
  • Facility must be asbestos free. Property owner must provide a Certificate of Abatement to be eligible for this incentive.
  • Facility must be free of any hazardous materials. Owner is responsible of removing any items that are/or may become toxic during demolition.
  • Demolition will not occur until permit for new construction has been issued.
  • New construction must begin within 3 months (90 days) of conclusion of demolition services provided.
  • Failure to comply will result in forfeiture of free demolition services and City will invoice property owner for said demolition costs or place a lien on property.
  • Property owner must agree to sign consent, allowing public safety entities to utilize facility for training exercises, if applicable.
  • Property owner must agree to allow the City or City’s contractor to tear down structure.
  • Property owner agrees to assume all responsibility/liability for site during and post demolition.

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DEMOLITION SERVICES - BLIGHT REMOVAL

This service is meant to assist with the development of new facilities along major City corridors and preferred areas of redevelopment by allowing for the removal of facilities that fail to met safety or aesthetic standards.

    ELIGIBILITY CRITERIA:
  • Upon the City determining particular site has failed safety or aesthetic standards, or facility is abandoned or a nuisance; the City will initiate conversations with property owner to offer demolition services, or offer to cover the costs towards the demolition of the facility.
  • Should the owner accept demolition services, property owner must comply with the following:
  • Facility must be asbestos free. Property owner must provide a Certificate of Abatement to be eligible for this incentive.
  • Facility must be free of any hazardous materials. Owner is responsible of removing any items that are/or may become toxic during demolition.
  • Property owner must agree to sign consent, allowing public safety entities to utilize facility for training exercises, if applicable.
  • Property owner must agree to allow the City or City’s contractor to tear down structure.
  • Property owner agrees to assume all responsibility/liability for site during and post demolition.
  • Any Impact Fee/ Mobility Fee credits of the facility will be noted within Development Services Department records and may be applied to any new construction on the same parcel. Statement of Impact Fee/Mobility Fee credit may be provided to owner upon request.
  • Property owner agrees to a voluntary Special Assessment for the reimbursement of demolition costs, if the site isn’t redeveloped or sold within a period of 3 years. Twenty five percent (25%) of the demolition costs will be assessed on an annual basis, for the following 4 consecutive years.

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BUILDING LIFE SAFETY OR ADA RETROFIT REBATE

In an effort to assist Targeted Industries in their efforts of relocating to our community, the City of Kissimmee will offer eligible Targeted Industry companies a maximum of $25,000 toward the retrofitting of a newly purchased building, for the purposes of upgrading the facility to meet current building codes for ADA or Life Safety standards.

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • Company must provide Economic Development office a copy of the quote from the contracted company to provide the retrofit work. Quote shall include cost and description of the work to be performed.
  • Once the work is completed, eligible company must submit copy of paid invoice, and a written release of lien from any company that participated on completing the work or provided supplies for the work.
  • The City of Kissimmee will reimburse the applicant for the work, up to a maximum of $25,000.
    ELIGIBILITY CRITERIA:
  • Company must be a certified Targeted Industry
  • Company must purchase a building within City of Kissimmee limits for the purposes of operating their company. Building ownership must be documented to have the same name as the company who has applied to be a certified Targeted Industry.
  • Building must not have been purchased prior to the company having been certified as a Targeted Industry.
  • Building must need Life Safety or ADA upgrades in order to operate business.
  • ADA compliance standards are as defined in Chapter 11 of the Florida Building Code.
  • Fire and Life Safety standards as defined in the NSPA 101 Life Safety Code; or Chapters 5 and 7 of the Florida Building Code.
  • Company may not sell the building for 5 years, or must reimburse the City in a pro-rated manner, for every earlier than the obligatory 5 year ownership.
  • City to lien property for 5 years, with a 20% reduction applied annually.

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KISSIMMEE MEDICAL ARTS DISTRICT INCENTIVES

These incentives are specifically for eligible Medical QTI projects. Please click here for more details about QTI eligibility.

DEVELOPMENT REVIEW FEE REDUCTION - This incentive offers eligible medical QTI companies a reduction in the fee’s charged by the City of Kissimmee during the planning review process. This incentive assists firms by offsetting some of their costs as they invest in the Kissimmee Medical Arts District.

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • Economic Development Office will email Development Services Director name of eligible QTI company and copy of the QTI eligibility cover letter that the client will receive. A carbon copy of the email will also be sent to Development Services’ Senior Planner and their respective administrative staff.
  • When company begins the Development Review process, they will include the QTI cover letter with their application.
  • Development Services office will charge QTI company the reduced development review fee, as shown in attached Development Review Fee Schedule For Kissimmee Medical Arts District.
    ELIGIBILITY CRITERIA:
  • Be a local or state Qualified Targeted Industry in the medical industry.
  • Company must be locating within the Kissimmee Medical Arts District – or on a parcel that is contiguous to the district.
  • Company must own the land and facility being built.

BUILDING PERMIT FEE REIMBURSEMENT - This incentive offers eligible companies a percentage reimbursement for the building permit fee’s they’ve paid specific to the City of Kissimmee during project construction.

Project Valuation Value Fee Reimbursement Maximum Amount
$1.00 to $25,000 1.5% $5,000
$25,001 to $100,000 2.5% $10,000
$100,001 to $250,000 4% $15,000
More than $25,001 6% $25,000

 

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • Economic Development Office will email Development Services Director name of eligible QTI company and provide a copy of the QTI eligibility cover letter that the client will receive. Email will include carbon copy to the respective Building Department staff and request notification when client is issued their final Certificate of Occupancy.
  • Company will include a QTI cover letter with their building permit application.
  • Company will get reimbursed the respective funds after the City has issued the final Certificate of Occupancy.
    ELIGIBILITY CRITERIA:
  • Be a local or state Qualified Targeted Industry in the medical field.
  • Company must be locating within Medical Arts District – or on a parcel that is contiguous to the district.
  • Company must own the land and facility being built.
  • Reimbursement amount will be calculated off the value of construction listed on the building permit, and only for building permit fees that are specific to the City of Kissimmee as shown in attached Kissimmee Building Fee Listing.

MEDICAL EQUIPMENT GRANT- This incentive offers eligible companies a percentage reimbursement for costs associated with the purchasing of medical or operational equipment used in their office located within the Kissimmee Medical Arts District. 

Amount Invested Grant Percentage Maximum Amount  
Less than $100,000 15% $20,000
$100,001 to $250,000 20% $25,000
More than $250,000 20% $50,000

 

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • Economic Development office will notify the City’s CDBG Administrator of eligible company and provide all respective CDBG documents.
  • CDBG office will create Purchase Order for the anticipated amount of company reimbursement.
  • Funds for this incentive will be issued after the company has been in business one year and can provide the City’s Economic Development Office with certified payroll demonstrating the hiring of staff, per QTI requirements. Note – this incentive is paid from CDBG funds, so one employee must be hired for every $37,000 of grant money issued.
  • Economic Development office will forward CDBG office the company certified payroll for compliance verification.
  • Once employment has been verified, CDBG office will process grant payment.
    ELIGIBILITY CRITERIA:
  • Be a local or state Qualified Targeted Industry in the medical field.
  • Company must be locating within Medical Arts District – or on a parcel that is contiguous to the district.
  • Company must be a medical for-profit company.
  • Company may be required to execute a CBDG Sub-recipient Agreement.
  • Company must provide original receipts for purchased equipment. Note - City will make copies of receipts and return originals to company.
  • Company must sign an affidavit acknowledging the equipment purchased will be used in their office, located within the Kissimmee Medical Arts District, for the life cycle of the machine.
  • Company must submit a year end certified payroll record to the City, for the verification of employees. Payroll to include employee start date.
  • Company must submit proof of having paid the Osceola County Annual Tangible Tax, for purchased equipment at the time their year-end payroll records are submitted to the City.
  • Company must have a federal Data Universal Number System (DUNS) number (CDBG funds requirement).

TV COMMERCIAL - This incentive offers eligible companies, the opportunity to have a 30 second to 60 second commercial created by Access Osceola.

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • City will email Public Information Officer and Access Osceola staff, with the name of the eligible QTI company.
  • The Economic Development office will facilitate initial meeting with Access Osceola and QTI company, once the Economic Development office has been provided with a copy of a television contract for the airing of the company’s commercials.
  • Access Osceola will then create the production schedule with the company and execute schedule accordingly.
    ELIGIBILITY CRITERIA:
  • Be a local or state Qualified Targeted Industry in the medical field.
  • Company must be locating within Medical Arts District – or on a parcel that is contiguous to the district.
  • Company must have a contract for the airing of commercials with a television station in the Central Florida market.
  • Access Osceola will provide up to 30 hours of pre and post production work. Note – any additional time required for the production of the commercials will be charged to the QTI company at the standard production rate fee (2016 rate is $50 per hour).
  • Commercial shall include office location information and reflect “within Kissimmee Medical Arts District” or the district’s logo.
  • The commercials will only be created by the Access Osceola team, not aired on the City’s Access Osceola government channel.
  • This incentive is contingent upon the availability of time and resources of the City’s Public Information Office.

HIRE LOCAL GRANT - This incentive offers eligible companies $10,000 towards the hiring of individuals that reside within the Medical Arts District, or within a half mile radius of the Medical Arts District boundaries, or participants in a City sponsored workforce training program. Companies are eligible to hire up to a five (5) employees utilizing this grant, with a maximum allocation of $50,000 per company. Employees must remain on payroll for a minimum of one year.

    PROCEDURE:
  • Following Economic Development Evaluation Process:
  • Economic Development office will notify the City’s CDBG Administrator of eligible company and provide all respective CDBG documents.
  • CDBG office will create Purchase Order for the anticipated amount of company reimbursement.
  • Funds for this incentive will be issued after the company has been in business at least one year and it provides the City with certified payroll demonstrating the hiring of respective staff.
  • Company’s certified payroll document must include employee start date, and home address of the employees company is seeking grant funding. Employees must have worked with company at least one year before grant funding will be allocated.
  • Economic Development office will forward CDBG office the company certified payroll for compliance verification.
  • Once employment has been verified, CDBG office will process grant payment.
    ELIGIBILITY CRITERIA:
  • Be a local or state Qualified Targeted Industry in the medical field.
  • Company must be locating within Medical Arts District – or on a parcel that is continuous or contiguous to the district.
  • Company must be a medical for-profit company.
  • Company may be required to execute a CBDG Sub-recipient Agreement.
  • Company must submit a year end certified payroll record to the City, for the verification of employees. Payroll record must include employee start dates, and home address of the employees company is seeking grant funding.
  • Payments will only occur after correct documentation is submitted and employment goals are met.
  • Company must have a federal Data Universal Number System (DUNS) number (CDBG funds requirement).

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