Make us your home page
Instagram

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

Loading...
  1. In this Dec. 4, 2016, file photo, Tiger Woods watches his tee shot on the third hole during the final round at the Hero World Challenge golf tournament in Nassau, Bahamas. Woods has been arrested on a drunken driving charge in Palm Beach County , various media outlets are reporting. [AP photo]
  2. Tiger Woods arrested on DUI charge in Florida

    Public Safety

    Tiger Woods was arrested on a DUI charge Monday in Jupiter, according to the Palm Beach County sheriff's office.

    Tiger Woods has been arrested on a DUI charge in Florida.
  3. Young male hospitalized after shooting in St. Petersburg

    Crime

    ST. PETERSBURG — A juvenile male was injured Monday morning in a shooting in the 2300 block of 17th Ave S, police said.

    A juvenile was injured in a shooting Monday morning in the 2300 block of 17th Ave S in St. Petersburg. (Zachary Sampson, Tampa Bay Times)
  4. Big rents and changing tastes drive dives off St. Pete's 600 block

    Music & Concerts

    ST. PETERSBURG — Kendra Marolf was behind the lobby bar of the State Theatre, pouring vodka sodas for a weeknight crowd packed tight for Bishop Briggs, the latest alternative artist to sell out her club.

    Sam Picciano, 25, left, of Tampa and Molly Cord 24, Palm Harbor shop for record albums for a friend at Daddy Kool Records located on the 600 block of Central Avenue in St. Petersburg, Florida on Saturday, May 20, 2017. OCTAVIO JONES   |   Times
  5. How Hollywood is giving its biggest stars digital facelifts

    Business

    LOS ANGELES — Johnny Depp is 53 years old but he doesn't look a day over 26 in the new "Pirates of the Caribbean" movie — at least for a few moments. There was no plastic surgeon involved, heavy makeup or archival footage used to take the actor back to his boyish "Cry Baby" face, however. It's all …

    This combination of photos released by Disney, shows the character Jack Sparrow at two stages of his life in "Pirates of the Caribbean: Dead Men Tell No Tales."  Johnny Depp, who portrays the character, is the latest mega-star to get the drastic de-aging treatment on screen
[Disney via Associated Press]