County IDA takes up 2012 budget Monday

St. Johns County Industrial Development Authority reminds Historic City News readers that Monday, August 8, 2011, is the date for the next regular meeting of the Authority — the workshop previously scheduled has been canceled.

Members will convene at 3:00 p.m. in the Executive Conference Room of the Board of County Commissioners offices on the second floor of the County Administration Building located at 500 San Sebastian View in St. Augustine.

During the treasurer’s report, the IDA will take up their proposed 2011-2012 budget.

Other business before the members includes:

• Introduction of Melissa Glasgow, SJC Economic Development Director

• Marty Fiorentino – State legislative update

• Jacksonville Port Authority Representative

• Officers for the 2011-2012 fiscal year

• Candidates for Jim Browning’s board seat

The Development Authority is a public agency formed in 1980 by Florida Statute to stimulate industrial development for profit and not-for-profit entities through the use of public financing in the form of bonds. The St. Johns County IDA offers Industrial Revenue Bonds (IRBs) of $2 million and more for businesses to develop capital projects.

Peter J. Apol is the Chairman, Ronald R. Avery is Vice-Chair, James L. Zimmerman serves as Secretary, James E. Browning as Assistant Secretary, and Lane Harlan Mason is Treasurer.

The next regular meeting is scheduled for September 12, 2011.

Photo credits: © 2011 Historic City News staff photographer