Florida Regulations 14-118.003: Project Eligibility and Funding
Current as of: 2024 | Check for updates
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To be considered eligible for funding under the Intermodal Logistics Center Infrastructure Support Program, a Project must meet the criteria established in Florida Statutes § 311.101(3), and the following:
(2) Economic Activity – The Project must contribute to increased economic activity, including job creation, increased wages, and revenue. A Project will not be considered eligible if business at the ILC is relocating from one Florida community to another, unless the Applicant demonstrates to the Department and the Department of Economic Opportunity (DEO) that without relocation the business will move outside the state, or that the business has a compelling economic reason to move and the relocation will create additional jobs.
(3) Funding match – The Project must have a commitment for private or local funding for a minimum of 50 percent of total project costs. Department funding will be for design and construction phases of the Project. Funds spent on planning, preliminary engineering, and environmental permitting may be considered as part of the required local match to be contributed by the Applicant or associated local partners to the total project cost.
(4) Local government and private support – The Applicant must demonstrate commitments from private sector businesses planning to locate operations at the ILC and the financial commitment of the ILC owner in support of the existing or proposed facility. The ILC must have met all permitting criteria from the local government. Projects must be consistent, to the maximum extent feasible, with local Metropolitan Planning Organization plans and local government comprehensive plans.
(5) Interactivity with existing transportation network. The Project must provide a mechanism for the efficient transfer of goods, including connection to the state transportation system, and/or rail systems, to facilitate movement of goods locally, regionally, and nationally.
Rulemaking Authority 311.101 FS. Law Implemented Florida Statutes § 311.101. History-New 5-16-13.
(1) Seaport – The Project must serve one or more seaports listed as a member of the Florida Seaport Transportation and Economic Development Council in
Florida Statutes § 311.09 The Project must provide a cost effective and efficient method for the conveyance of shipment of goods through a listed seaport to or from an intermodal logistics center.
(2) Economic Activity – The Project must contribute to increased economic activity, including job creation, increased wages, and revenue. A Project will not be considered eligible if business at the ILC is relocating from one Florida community to another, unless the Applicant demonstrates to the Department and the Department of Economic Opportunity (DEO) that without relocation the business will move outside the state, or that the business has a compelling economic reason to move and the relocation will create additional jobs.
(3) Funding match – The Project must have a commitment for private or local funding for a minimum of 50 percent of total project costs. Department funding will be for design and construction phases of the Project. Funds spent on planning, preliminary engineering, and environmental permitting may be considered as part of the required local match to be contributed by the Applicant or associated local partners to the total project cost.
(4) Local government and private support – The Applicant must demonstrate commitments from private sector businesses planning to locate operations at the ILC and the financial commitment of the ILC owner in support of the existing or proposed facility. The ILC must have met all permitting criteria from the local government. Projects must be consistent, to the maximum extent feasible, with local Metropolitan Planning Organization plans and local government comprehensive plans.
(5) Interactivity with existing transportation network. The Project must provide a mechanism for the efficient transfer of goods, including connection to the state transportation system, and/or rail systems, to facilitate movement of goods locally, regionally, and nationally.
Rulemaking Authority 311.101 FS. Law Implemented Florida Statutes § 311.101. History-New 5-16-13.