§ 1-7-85. Continuing performance.

(a)

Change in ownership.

(1)

The business granted the exemption shall be required to inform the board in writing within ten (10) days as to any changes in ownership of the business granted an exemption.

(2)

Failure of the business granted an exemption to notify the board in writing of any such changes in ownership is cause for revocation of the ordinance granting the exemption, at the board's discretion.

(b)

Annual filings. The applicant shall be required to submit an annual renewal statement and an annual report to the office of financial planning on or before March 1 of each year from which the exemption was granted. The applicant shall also timely comply with all filings required pursuant to F.S. § 196.011.

The annual report shall provide a report on the status of the business, evidencing satisfaction of the business maintenance and continued performance conditions set forth in the application. The report shall be prepared in substantially a form to be adopted by resolution.

(Ord. No. 2016-015, §§ 1, 2, 3-8-16)