Make us your home page

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Clearwater residents to vote on tax breaks for businesses

CLEARWATER — At the end of a recent City Council meeting, Mayor George Cretekos noted that voters had started getting ballots in their mailboxes.

"You probably noticed that the ballot is four pages long," the mayor told voters. "The city of Clearwater's referendums are the last two items on your ballot. Please make sure you vote for those two items."

With so many other races, from the presidential election on down, Clearwater's two referendums won't get much attention. They have to do with giving companies tax breaks for economic development; and making adjustments to the city's employee pension plan.

Tax breaks: Clearwater's government wants to be able to offer city property tax exemptions to new or expanding businesses that create new jobs.

This referendum would give the City Council the power to do that for companies that are creating at least 10 high-wage jobs. The company could get a tax break for up to 10 years for business improvements such as a new or expanded building, or new equipment purchased in connection with relocating or expanding.

How would the city make sure the companies fulfill their promises? The city says businesses would have to file an annual report.

City pensions: Voters will be asked whether the city of Clearwater's employee pension plan should be changed to reduce its short-term and also its long-term costs.

In order to keep the city's pension plan viable, these changes were collectively bargained and agreed to by the city and each of its three employees' unions: the Communications Workers of America, Fraternal Order of Police, and International Association of Fire Fighters.

Clearwater residents to vote on tax breaks for businesses 10/20/12 [Last modified: Saturday, October 20, 2012 11:43am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. No. 21 USF Bulls roll over Temple to stay undefeated


    TAMPA — They emerged from Raymond James Stadium's southwest tunnel on the 11-month anniversary of their public humiliation at Temple.

    Bulls tailback Darius Tice, who rushes for 117 yards, is elated by his 47-yard run for a touchdown in the second quarter for a 10-0 lead.
  2. Fennelly: USF thrashes Temple to stay unbeaten; too bad not many saw it in person



    No. 21 USF ran its record to 4-0 Thursday night with some payback against Temple, a 43-7 trouncing, no contest, as if anyone cares, at least judging by the paltry crowd at Raymond James Stadium. Where was everybody?

    Bulls cornerback Deatrick Nichols (3) celebrates with teammates after making a defensive play during the first half.
  3. Former Ray Tim Beckham's over being traded, or is he?

    The Heater

    BALTIMORE — As the Rays reunited Thursday with Tim Beckham for the first time since he was dealt July 31 to Baltimore, it became very clear that not everything in assessing the trade is as it appears.

    Tim Beckham, here in action Monday against the Red Sox, has hit .310, with 10 homers and 26 RBIs since going to the Orioles.
  4. Bucs probe how to fix deep-ball chances missed vs. Bears


    TAMPA — It was only minutes after the Bucs had demolished the Bears 29-7 Sunday when quarterback Jameis Winston tried one final time to connect with receiver DeSean Jackson.

    QB Jameis Winston says he’s focused on the deep-ball chances to DeSean Jackson he missed in the opener: “We left a lot out there.”
  5. Rays journal: Ugly first inning dooms Andriese, Rays against Orioles (w/video)

    The Heater

    BALTIMORE — Rays manager Kevin Cash said before Thursday's game that RHP Matt Andriese was among the pitchers who would most benefit from a strong finish to the season.

    Matt Andriese has a tough first: hits to four of first five batters, leading to three runs, the only ones he gives up in six innings