hardeebusiness.com · web viewthe eda, pursuant to section 211.3103(3)(b)3 f.s., is authorized to...

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HARDEE COUNTY ECONOMIC DEVELOPMENT AUTHORITY

GRANT AWARD AGREEMENT

THIS AGREEMENT, made and entered into this /3 day of No\1'! 12017, by and

between the Hardee County Economic Development Authority, hereinafter referred to

as "EDA," and Industrial Development Authority, hereinafter referred to as the

"Business," located at 107 East Main Street, Wauchula, Florida 33873.

The EDA, pursuant to Section 211.3103(3)(b)3 F.S., is authorized to establish

the Infrastructure/Job Creation Grant Program to provide grants to qualified for-profit

and not-for-profit entities to fund projects that provide economic development

opportunities, job creation and infrastructure within the geographic boundaries of

Hardee County.

The EDA has determined that the Business has met all of the requirements

necessary for participation in the EDA grant Program, and

The EDA desires to distribute funds to the business for projects that provide

economic development, job creation opportunities and infrastructure within the

geographic boundaries of Hardee County in an amount up to $555,141.00; and

The application, job creation, and infrastructure program guidelines attached

hereto as Exhibit "A", is hereby incorporated into this agreement and the

representations made by the Industrial Development Authority therein are incorporated

as if full set forth herein; and

In consideration for the mutual undertakings and agreements hereinafter set

forth, EDA and the Business agree as follows:

HARDEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY ECONOMIC DEVELOPMENT AUTHORITY 107 EAST MAIN STREETC/O COUNTY MANAGER'S OFFICE WAUCHULA, Fl 33873412 W. ORANGE ST.,ROOM 103 863-773-3030 PHONE; 863-773-4915 FAX863-773-9430 PHONE; 863-773-0958 FAX

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1.0 PARTIES: The parties and their respective addresses for purposes of this

Agreement are as follows:

2.0 ADMINISTRATOR: The EDA Agreement administrator is Lexton H. Albritton.

Jr.. County Manager . The Business Agreement administrator is William R. Lambert. Jr..

Economic Development Director . All approvals referenced in this agreement must be

obtained from the agreement administrators or their designees. Any notice, demand,

request or other communication shall be effective only if in writing and when it is

received by the Agreement manager at the address provided for herein.

In the event that a different Agreement Administrator is designated by either

Party after execution of this contract, notice of the name, address and telephone

number of the new Agreement Manager shall be delivered in writing to the other Party

and said notification shall be attached to originals of this Agreement.

3.0 TERM OF AGREEMENT : The term of this Agreement shall commence upon

full execution of this agreement, and continue for a two year period; unless terminated

earlier as hereinafter provided prior to that time.

4.0 BUSINESS DESCRIPTION:

(a) The Business is or will be an operating unit of Industrial Development

Authority, FEIN. #90-0586572.

5.0 PROJECT DESCRIPTION: See Exhibit "B".

5.1 CHANGE ORDERS: In the event the project description or scope of project

is modified, the modification shall be evidenced by written change order PRIOR to any

work being performed pursuant to the proposed modification. If the proposed

modification is deemed immaterial by the Administrator, the Administrator shall have

the authority to execute the written change order on behalf of the EDA. If the

modification is deemed material by the Administrator, he shall submit the same to the

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EDA for approval PRIOR to any work being performed pursuant to the proposed

modification. For purposes of this subsection, any proposed modification which will

result in an increase in the award requested is hereby deemed material.

6.0 NOTICES: All notices pertaining to this Agreement are in effect upon receipt

by EDA, shall be in writing, and shall be transmitted either by personal hand delivery,

United States Post Office, return receipt requested; or, overnight express mail delivery.

Facsimile may be used if the notice is also transmitted by one of the preceding

forms of delivery. The addresses set forth above for the respective parties shall be the

places where notices shall be sent, unless prior written notice of change of address is

given.

7.0 OBLIGATIONS OF THE BUSINESS : The Business agrees to:

(a) administer funds in accordance with elements of the approved project

description, a copy of which is attached hereto and incorporated herein as Exhibit "B".

(b) provide a budget and detailed reports to the EDA regarding the project.

Reports must be completed to the satisfaction of the EDA.

(c) upon request by the EDA, and within a reasonable time period, allow the

EDA to inspect supporting documentation of reported outcomes and expenses

inclusive of receipts, canceled checks, basis for disbursements and invoices.

(d) retain records for at least five (5) years following the end of this

Agreement, or deliver such records to the EDA for retention. If any litigation, claim,

negotiation, audit, or other action involving the records has been started before the

expiration of the five (5) year period, the records shall be retained until completion of

the action and resolution of all issues which arise from it, or until the end of the five

(5) year period, whichever is later.

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(e) upon request by the EDA, and within a reasonable time period, allow the

EDA to inspect, review and audit all records received or created pursuant to this

Agreement.

(f) submit quarterly project status reports and quarterly reimbursement

requests as attached hereto and incorporated herein as Exhibit "C". The retention

requirement is waived for governmental entities.

8.0 OBLIGATIONS OF THE EDA:

(a) provide a format for all required reports, and assist the business in

completing reports satisfactory to the EDA.

(b) provide or assist in obtaining technical assistance as needed to distribute

the Designated Funds in accordance with the Approved Plan.

(c) following any site visit or review, provide a written report with comments

and recommendations regarding the manner in which services are being provided.

(d) provide oversight for the efficient and effective distribution of the

Designated Funds.

(e) timely process and pay Business request for reimbursement. For

purposes of this agreement, timely shall mean Clerk processing and review of

reimbursement request packets and written notification of deficiencies, if any, within

thirty (30) calendar days of receipt by the Clerk.

Should Business resubmit a reimbursement request package, the EDA

(through the Clerk) shall review and notify Business as to deficiencies within fifteen

(15) calendar days of receipt by the Clerk. In any event, the Clerk shall pay a

completed reimbursement request package within forty-five (45) calendar days of

receipt of a complete reimbursement request package.

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9.0 TERMINATION OF THIS AGREEMENT: The Agreement may be

terminated by EDA upon failure of the Business to comply with any material term or

condition of this Agreement or a decision by the Business either not to proceed with the

project defined in Section 5.0 or to proceed with that project in a location outside of

Hardee County, Florida.

10.0 PENALTY: Any Business that fraudulently procures or receives funds

under this program is liable for repayment.

11.0 LEGAL REQUIREMENTS : This agreement is executed and entered into in

Hardee County and will be construed, performed, and enforced in all respects in

accordance with the laws and rules of the State of Florida. Each party will perform its

obligations in accordance with the terms and conditions of this agreement. Any and all

litigation arising under this Agreement shall be brought in the appropriate court in

Hardee County, Florida.

12.0 NON DISCRIMINATION: The Business will not discriminate against any

employee employed in the performance of this agreement, or against any applicant for

employment because of age, ethnicity, religious belief, disability, national origin, or sex.

The Business shall insert a similar provision in all subcontracts for services by this

Agreement.

13.0 ATTORNEY FEES: In any litigation (even through appellate level) or

proceeding to enforce or interpret any term or provision of this agreement, or if EDA

must hire counsel to protect its interest in bankruptcy proceeding filed by business, the

prevailing party shall be entitled to an award of its reasonable attorneys' fees from the

non-prevailing party.

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14.0. RESTRICTION AGAINST ASSIGNMENT: No part of this Agreement shall

be assigned, subcontracted or delegated by either Party to a third party without the prior

written consent of the other Party.

15.0 ENFORCEABILITY: If any term or provision of this Agreement is found to

be illegal and unenforceable, the remainder of the Agreement will remain in full force

and effect and such term of provision will be deemed stricken.

16.0 WAIVER: The failure of either party to this Agreement to object to or to

take affirmative action with respect to any conduct of the other which is in violation of

the terms of this Agreement shall not be construed as a waiver of the violation or

breach, or of any future violation, breach or wrongful conduct.

17.0 COUNTERPARTS: This Agreement may be executed in counterparts,

each of which shall be considered an original for all purposes.

18.0 MODIFICATION: This writing contains the entire Agreement of the

parties. No representations were made or relied upon by either party, other than those

that are expressly set forth. No agent, employee, or other representative of either party

is empowered to alter any of the terms of this Agreement, unless done in writing and

signed by an authorized officer of the Business and the authorized agent of EDA.

19.0 ENTIRE AGREEMENT : This instrument embodies the entire agreement

of the parties. There are no provisions, terms, condition, or obligations other than those

contained in this agreement; and this agreement superseded all previous

communication, representation, or agreement, either verbal or written, between the

parties. No amendment will be effective unless reduced to writing and signed by the

parties.

20.0 DUPLICATE ORIGINALS: This Agreement is executed in duplicate

originals.

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HARDEE COUNTY INDUST ,..,.,.=---, DEV L PMENT AUTHO Y

HARDEE COUNTY

,-- - EC-- NOMIC DEVELOPMEt

+--- -------+----AUTHORIZED SIGNATURE

TITLE: CJrar'rMan

EXHIBIT "A"

JOB CREATION GRANT PROGRAM (JCP)

GUIDELINES

Hardee County Economic Development Authority c/o County Manager's Office

412 W. Orange Street, Room 103Wauchula, FL 33873

Voice (863) 773-9430 Fax (863) 773-0958

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GUIDELINES OF THEHARDEE COUNTY ECONOMIC DEVELOPMENT AUTHORITY

(INDEPENDENT BOARD)

JOB CREATION GRANT PROGRAM (JCP)

I. PURPOSE

II. DEFINITIONS

Ill. GENERAL REQUIREMENTS

IV. APPLICATION REQUIREMENTS & PROCESSING

V. EVALUATION CRITERIA

VI. GRANT ADMINISTRATION

VII. COMPLIANCE RESPONSIBILITIES

I. PURPOSE. The Hardee County Economic Development Authority Independent Board (Authority), pursuant to Section 211.3103(3)(b)3 F.S., is authorized to establish the Infrastructure Grant Program to provide grants to qualified for-profit and not-for-profit entities to fund projects that provide economic development opportunities, private sector job creation or infrastructure within the geographic boundaries of Hardee County. The purpose of this part is to set forth procedures to govern the program.

II. DEFINITIONS. The terms used in this part are defined as follows:

1. "APPLICANT' means a local government entity (Board of County Commissioners, municipalities, authorities [i.e. water, airport, etc.]), non-profit business or for-profit businesses.

2. "APPLICATION" means a formal request for EDA funds by an applicant consisting of a complete project application form with all required documentation.

3. "APPLICATION SUBMISSION PERIOD" means the formally announced period of time provided by the EDA for the submission of applications by local entities, non-profit businesses and for-profit businesses.

4. "AUTHORITY" means the Hardee County Economic Development Authority.

5. "BUSINESS ENTITY" means an economic unit that controls resources, incurs obligations, and engages in business activities in one or more locations.

6. "CASH" means money paid by a grantee to purchase goods and services from private and independent sources for accomplishment of an EDA project. In-kind service costs are not cash.

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7. "CAPITAL IMPROVEMENT PLAN" means that portion of an applicant's adopted local comprehensive plan which indicates a schedule of capital Improvement projects, including estimated costs and target dates for completion.

8. "CLERK" means the clerk of the court serving in the capacity of chief financial officer of the county.

9. "COMMISSION" means the Board of County Commissioners of Hardee County.

10."COUNTY" means Hardee County.

11."DEVELOPMENT" means the act of physically improving an area, facility, resource or site to increase its ability or capacity to serve economic development, private sector job creation or infrastructure purposes.

12."EVALUATION CRITERIA" means the standards used to evaluate EDAapplications.

13."ESTIMATED PROGRAM FUNDS" means the amount of EDA funds estimated to be available for the subsequent fiscal year by the Authority.

14. "FACILITY" means a component of a capital improvement project.

15. "FISCAL YEAR" means the County fiscal year, October 1 -September 30.

16. "FUNDING CYCLE" means the interval of time between the start of an EDAapplication submission period and appropriation of project funds by the Authority.

17. "GRANT" means program funds authorized by the Authority for release to a grantee for implementation of an approved project.

18."GRANT AWARD AGREEMENT" means an executed contract between the Authority and a grantee setting forth mutual obligations and reimbursement schedules regarding an approved EDA project.

19. "GRANTEE" means a local governmental entity, non-profit business or for profitbusiness receiving EDA funds pursuant to an approved EDA application.

20. "IN-KIND SERVICE COSTS" means in-house expenses incurred by a grantee for labor and materials and grantee-owned and maintained equipment for accomplishment of an approved EDA project. Volunteer labor, inmate labor, or donated materials are ineligible program expenses.

21. "INFRASTRUCTURE" means storm water systems; telecommunications facilities; roads or other remedies to transportation impediments; nature based tourism facilities; additions to the distribution facilities of existing natural gas utilities, existing electric utilities, or existing water or wastewater utilities, or other physical requirements necessary to facilitate tourism, trade and economic development activities in the community dedicated for public use.

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22. "LAND VALUE" means the assessed fair market value of land used by a grantee as match to EDA funds.

23. "LOCAL GOVERNMENT COMPREHENSIVE PLAN" means a plan adopted pursuant to Chapter 163, Florida Statutes.

24. "LOCAL GOVERNMENTAL ENTITY" means a county government, municipality (incorporated city, town or village), or an independent special district of the State of Florida with legal responsibility.

25. "MATCH" means the provision of cash, in-kind service costs or land value in the ratio required by these guidelines to be added to EDA funds by the grantee for the project cost.

26. "NEEDS" means a deficiency in or a necessity to carry out a predetermined level of service.

27. "NEW CONSTRUCTION" means building of new facilities not previously in existence.

28."PRIORITY LIST" means a list that contains all eligible applications which will meet or exceed the minimum ranking as identified in the "Criteria for the Purpose of Ranking Projects" summary included in the application packet.

29. "PROGRAM" means the EDA grant-in-aid program.

30. "PROGRAM AMOUNT" means the amount of EDA funds received for severance tax.

31. "PROJECT" means the planned undertaking in which all actions or activities have a clear-cut identity and a well-defined objective that has been planned to the point of definite implementation for which EDA funds will be used.

32. "PROJECT COMPLETION" means the project is available for use of operational use for infrastructure projects. Project must be designated complete prior to release of final reimbursement.

33. "PROJECT COMPLETION DATE" means the date specified in a Grant Award Agreement by which a grantee shall complete an approved EDA project and incur all grant and if applicable, match related expenses. Private sector job creation projects, employee retention requirements shall be met.

34. "PROJECT COST" means the total of an EDA grant award and required match.

35. "PROJECT ELEMENT" means an identified facility within a project.

36. "PROJECT PERIOD" means the period of time set forth in a Grant Award Agreement during which eligible project costs may be incurred and charged to the grant.

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37. "PROJECT SITE" means the specific area, and boundaries thereof, as shown by a survey and a legal description, for which EDA funds are used.

38. "REAL PROPERTY" means land and improvements attached or affixed to the land.

39. "RENOVATION" means repair, replacement, or restoration of like facilities to an improved state of condition of which allows job retention and or private sector job creation.

40. "SITE CRITERIA" means criteria related to the site shall be established by theAuthority prior to any solicitation for grant applications.

41."STAFF" means BCC staff as designated by the County Manager.

42. "SUPPORT FACILITY" means a facility which could not stand alone, or which would have little or no public value without the primary facility. Examples of support facilities are: parking lots, restrooms, bathhouses, combined restroomconcession stand buildings, access roads, walkways, landscaping as required by Hardee County LOR, security lighting and fencing, and interpretive signs.

43."PRIVATE SECTOR JOBS" means any job in which goods and services are produced by individuals and companies and is not controlled by the state or local government.

44."PUBLIC SECTOR JOBS" means any job controlled by the state or local government. Includes nationalized industries, national, state, and local government services, and public corporations.

Ill. GENERAL REQUIREMENTS. The following constitutes the general procedures for the program:

(1) EDA APPLICATION CATEGORIES. By definition, for the purposes of this application, economic development shall mean any project that creates private sector jobs or activity to promote the ultimate creation of such jobs or for feasibility or planning for such projects. The EDA recognizes four types of economic development categories:

1. Economic Development facilitation, and promotion (non-bricks andmortar).

2. Economic Development private sector job creation.3. Economic Development partnerships with government agencies that

create public or private sector infrastructure implemented thru performance based mortgage or other instrument (bricks and mortar with control mechanism).

4. Those so defined by a two-thirds majority of the Authority members (declaration). This 2/3 majority vote shall require that action be taken at a meeting at which a majority of the members is present.

(2) DISTRIBUTION OF PROGRAM FUNDS. EDA funds are distributed as reimbursement grants by the Authority on a project-by-project basis to applicants eligible under these guidelines. The Authority's performance and obligation to award

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program grants are contingent upon an annual appropriation as announced in theFlorida Administrative Weekly for the subsequent fiscal year.

(3) APPLICATION SUBMISSION PERIOD. The Authority shall accept program applications only during the application submission period. Applications must be postmarked on or before the last day of the application submission period. The Authority shall publicize the dates of the application submission period and other pertinent application information specified in these guidelines in the Florida Administrative Weekly.

(4) GRANT AWARD. The Authority shall rank applications to the extent of estimated available program funds based on criteria relating to administrative capacity, public benefit, economic benefits and public use.

(5) PROGRAM AMOUNT ALLOCATION. For each funding cycle, the Authority shall divide the estimated available program amount into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure.

(6) RECOMMENDED APPLICATION PRIORITY LIST. The program amount assigned to each fund as established by the Authority shall be divided into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure. Applications shall be ranked according to criteria summary sheet. The application satisfying the most criteria will receive the highest priority. The remaining applications will be arranged in descending order according to their assigned criteria. Applications criteria below the minimum, established by the Authority shall not be placed on the priority list. The priority list shall include recommendations for distribution of available program funds. In the event there are insufficient applications to account for all program funds assigned to a category or fund, the remaining funds shall then be allocated to the other categories or funds.

(7) BREACH OF CONTRACT. The Authority shall deny or suspend program eligibility to any applicant or grantee against which the Authority has an unsettled financial claim and/or dispute of attainment of program requirements.

IV. APPLICATION REQUIREMENTS and PROCESSING. The Authority shall approve applications for program grants in order of ranking until all program funds are depleted under the following standards and criteria:

(1) ELIGIBLE APPLICANTS. Non-profit businesses and/or for-profit businesses may submit EDA applications during the application submission period.

(2) PROJECT ELIGIBILITY.

(a) Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure: EDA grants shall only be awarded to grantees for projects that are for the sole purpose of providing infrastructure or private sector job creation.

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(b) Eligible Site: The site of an EDA development project shall be owned by the applicant, or shall be under lease to the applicant for a period of time sufficient to satisfy the dedication period by the submission period deadline. The Authority shall make exceptions when the applicant demonstrates that: 1) it is in the public interest and it complies with all other parts of these guidelines. Other forms of real property interest will be considered if the applicant provides clear and explicit documentation showing that it has the sole ability to control, manage, and dedicate the property for the required period of time. Site control verification must be received by the execution of the Grant Award Agreement.

(c) Number of Applications: An applicant may submit more than one application for grant assistance. An application grant project must be limited to a single site or group of sites in which all the properties have the same owner or owners.

(d) Active Projects: A grantee with an open EDA project by the closing date of an application submission period can be eligible to submit additional applications.

(e) Duplicate Projects: An applicant shall not submit the same application, in whole or in part in concurrent or overlapping funding cycles.

(3) COMPLETENESS/ELIGIBILITY DETERMINATION. Following closure of an application submission period, Authority staff will review and determine the completeness of each application based on the following:

(a) Applications received by the application submission deadline will be reviewed and evaluated by the governing body of the County and each municipality in the County, the nonprofit corporation and the Authority based on the materials submitted. Applicants will be notified of the timely receipt and status of their application(s).

(b) No additional information shall be accepted after the application submission deadline, unless specifically requested by Authority staff for clarification of information provided in the application received by the published application submission deadline.

(c) Ineligibility: An application, in whole or in part, may be declared ineligible by the Authority pursuant to Paragraphs IV (2)(a-e). The Authority may determine that a project site or facility is not viable or practical if the projects fail to adequately meet the Authority's evaluation criteria.

(4) APPLICATION EVALUATION. Each eligible application shall be evaluated on the basis of the information provided in the application and in accordance with this part.

(5) UNFUNDED AND INELIGIBLE APPLICATIONS. Any unfunded or ineligible application shall remain on file in accordance with Public Records retention requirements.

(6) APPLICATION FORM. The EDA Program Application Form is available from the County Manager's Office, 412 W. Orange Street, Room 103, Wauchula, FL 33873.

V. EVALUATION CRITERIA. A priority listing of all project applications, including consideration of the information received from the County, the municipalities, the

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nonprofit corporation, if any, and the public, by ranking each project relative to the others and shall establish funding levels and any appropriate special conditions for each Individual project. The priority listing shall be assigned to each eligible application after an evaluation according to the application criteria which follows:

(1) GENERAL CRITERIA.

(a) Sufficient administrative capability to administer the grant.{b) The public good or public benefit generated by the project.(c) The direct private investment stimulated by the project. (d) The use of County matching Funds on the project.(e) Geographic and demographic diversity in the disbursement of grant awards.(f) Compatibility with countywide economic development and infrastructure

priorities.(g) Financial capacity to carry the project costs until reimbursement is received. (h) Professional and technical service availability to carry out the project.

Other factors that shall be considered include the following:

(a) The long term economic benefit of the project or activity to the applicant community.(b) The expected time frame for such economic benefit to be realized and the attendant risks related to the likelihood of such realization.(c) The additional economic benefit and/or private sector jobs created or retained which may occur as a result of other capital investment(s) that may befacilitated by the completion of the project.(d) The importance of the grant to the completion, execution and/or implementation of the project.

VI. GRANT ADMINISTRATION. The following constitutes procedures for administration of program grants:

(1) GRANT AWARD AGREEMENT. After the Authority appropriates grant funds, the Authority and grantee shall enter into a Grant Award Agreement which sets forth the responsibilities and duties of each regarding administration of the approved project. The Grant Award Agreement shall contain terms and conditions particular to each project. Grant Award Agreements are not transferable.

(2) PRIVATE SECTOR JOB CREATION REQUIREMENTS. New or rehabilitative construction projects in Hardee County are considered eligible projects if they:

(a) will result in the creation of a minimum of zero new full-time equivalent(FTE) positions for a minimum period of 24 months.

(b) pay for each position a wage of at least 115% of the County's average wage

(c) produce and/or export a product outside of Hardee County

(3} PAYMENT BASIS. Grantees shall be paid program funds by the Authority subject to the following terms:

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(a) The award may not exceed 50 percent (in any one year) of the total award associated with the phase(s) scheduled. The total award will be a minimum of $6,000 times the number of private sector jobs reported, plus $1,000 per private sector job if the average annual wage exceeds the County's average by 150% or $2,000 per private sector job if the average annual wage is in excess of 200%.

(b) If the business also receives a Qualified Target Industry award from theState, the local 20% match will be deducted from any award made under this program.

(4) REVERTED PROJECT FUNDS. EDA funds remaining after termination of a grant award or grantee completion of project shall revert to the Authority. If any funds awarded during a funding cycle are not accepted by the grantee or become available before termination of the fiscal year for which they were appropriated, the Authority may authorize the funds be carried forward for use by any succeeding cycle/year.

Creation:Specific Authority: Adopted by Board: Amended:

Senate Bill3110, House Bill 1303, and House Bill1627211.3101(3)(b)3 FS May 2, 2006March 25, 2008December 21, 2010

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INFRASTRUCTURE GRANT PROGRAM (IGP)

GUIDELINES

Hardee County Economic Development Authority c/o County Manager's Office

412 W. Orange Street, Room 103Wauchula, FL 33873

Voice (863) 773-9430 Fax (863) 773-0958

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GUIDELINES OF THE HARDEE COUNTY

ECONOMIC DEVELOPMENT AUTHORITY (INDEPENDENT BOARD)

INFRASTRUCTURE GRANT PROGRAM (IGP)

I. PURPOSE

II. DEFINITIONS

Ill. GENERAL REQUIREMENTS

IV. APPLICATION REQUIREMENTS & PROCESSING

V. EVALUATION CRITERIA

VI. GRANT ADMINISTRATION

VII. COMPLIANCE RESPONSIBILITIES

I. PURPOSE. The Hardee County Economic Development Authority Independent Board (Authority), pursuant to Section 211.3103(3}(b}3 F.S., is authorized to establish the Infrastructure Grant Program to provide grants to qualified for-profit and not-for-profit entities to fund projects that provide economic development opportunities, private sector job creation or infrastructure within the geographic boundaries of Hardee County. The purpose of this part is to set forth procedures to govern the program.

II. DEFINITIONS. The terms used in this part are defined as follows:

1. "APPLICANT" means a local government entity (Board of County Commissioners, municipalities, authorities [i.e. water, airport, etc.]), non-profit business or for-profit businesses.

2. "APPLICATION" means a formal request for EDA funds by an applicant consisting of a complete project application form with all required documentation.

3. "APPLICATION SUBMISSION PERIOD" means the formally announced period of time provided by the EDA for the submission of applications by local entities, non-profit businesses and for-profit businesses.

4. "AUTHORITY" means the Hardee County Economic Development Authority.

5. "BUSINESS ENTITY" means an economic unit that controls resources, incurs obligations, and engages in business activities in one or more locations.

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6. "CASH" means money paid by a grantee to purchase goods and services from private and independent sources for accomplishment of an EDA project. In-kind service costs are not cash.

7. "CAPITAL IMPROVEMENT PLAN" means that portion of an applicant's adopted local comprehensive plan which indicates a schedule of capital improvement projects, including estimated costs and target dates for completion.

8. "CLERK" means the clerk of the court serving in the capacity of chief financial officer of the county.

9. "COMMISSION" means the Board of County Commissioners of Hardee County.

10."COUNTY" means Hardee County.

11."DEVELOPMENT" means the act of physically improving an area, facility, resource or site to increase its ability or capacity to serve economic development, private sector job creation or infrastructure purposes.

12. "EVALUATION CRITERIA" means the standards used to evaluate EDAapplications.

13. "ESTIMATED PROGRAM FUNDS" means the amount of EDA funds estimated to be available for the subsequent fiscal year by the Authority.

14. "FACILITY" means a component of a capital improvement project.

15. "FISCAL YEAR" means the County fiscal year, October 1 -September 30.

16. "FUNDING CYCLE" means the interval of time between the start of an EDAapplication submission period and appropriation of project funds by the Authority.

17. "GRANT" means program funds authorized by the Authority for release to a grantee for implementation of an approved project.

18. "GRANT AWARD AGREEMENT" means an executed contract between the Authority and a grantee setting forth mutual obligations and reimbursement schedules regarding an approved EDA project.

19. "GRANTEE" means a local governmental entity, non-profit business or for profitbusiness receiving EDA funds pursuant to an approved EDA application.

20. "IN-KIND SERVICE COSTS" means in-house expenses incurred by a grantee for labor and materials and grantee-owned and maintained equipment for accomplishment of an approved EDA project. Volunteer labor, inmate labor, or donated materials are ineligible program expenses.

21."INFRASTRUCTURE" means storm water systems; telecommunications facilities; roads or other remedies to transportation impediments; nature based

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tourism facilities; additions to the distribution facilities of existing natural gas utilities, existing electric utilities, or existing water or wastewater utilities, or other physical requirements necessary to facilitate tourism, trade and economic development activities in the community dedicated for public use.

22. "LAND VALUE" means the assessed fair market value of land used by a grantee as match to EDA funds.

23. "LOCAL GOVERNMENT COMPREHENSIVE PLAN" means a plan adopted pursuant to Chapter 163, Florida Statutes.

24. "LOCAL GOVERNMENTAL ENTITY" means a county government, municipality (incorporated city, town or village), or an independent special district of the State of Florida with legal responsibility.

25. "MATCH" means the provision of cash, in-kind service costs or land value In the ratio required by these guidelines to be added to EDA funds by the grantee for the project cost.

26. "NEEDS" means a deficiency in or a necessity to carry out a predetermined level of service.

27. "NEW CONSTRUCTION" means building of new facilities not previously in existence.

28."PRIORITY LIST" means a list that contains all eligible applications which will meet or exceed the minimum ranking as identified in the "Criteria for the Purpose of Ranking Projects" summary included in the application packet.

29. "PROGRAM" means the EDA grant-in-aid program.

30. "PROGRAM AMOUNT" means the amount of EDA funds received for severance tax.

31. "PROJECT" means the planned undertaking in which all actions or activities have a clear-cut identity and a well-defined objective that has been planned to the point of definite implementation for which EDA funds will be used.

32. "PROJECT COMPLETION" means the project is available for use of operational use for infrastructure projects. Project must be designated complete prior to release of final reimbursement.

33. "PROJECT COMPLETION DATE" means the date specified in a Grant Award Agreement by which a grantee shall complete an approved EDA project and incur all grant and if applicable, match related expenses. Private sector job creation projects, employee retention requirements shall be met.

34. "PROJECT COST" means the total of an EDA grant award and required match.

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35. "PROJECT ELEMENT" means an identified facility within a project.

36. "PROJECT PERIOD" means the period of time set forth in a Grant Award Agreement during which eligible project costs may be incurred and charged to the grant.

37. "PROJECT SITE" means the specific area, and boundaries thereof, as shown by a survey and a legal description, for which EDA funds are used.

38."REAL PROPERTY'' means land and improvements attached or affixed to the land.

39. "RENOVATION" means repair, replacement, or restoration of like facilities to an improved state of condition of which allows job retention and or private sector job creation.

40. "SITE CRITERIA" means criteria related to the site shall be established by theAuthority prior to any solicitation for grant applications.

41."STAFF" means BCC staff as designated by the County Manager.

42. "SUPPORT FACILITY" means a facility which could not stand alone, or which would have little or no public value without the primary facility. Examples of support facilities are: parking lots, restrooms, bathhouses, combined restroom concession stand buildings, access roads, walkways, landscaping as required by Hardee County LOR, security lighting and fencing, and interpretive signs.

43."PRIVATE SECTOR JOBS" means any job in which goods and services are produced by individuals and companies and is not controlled by the state or local government.

44."PUBLIC SECTOR JOBS" means any job controlled by the state or local government. Includes nationalized industries, national, state, and local government services, and public corporations.

Ill. GENERAL REQUIREMENTS. The following constitutes the general procedures for the program:

(1) EDA APPLICATION CATEGORIES. Infrastructure applicants must demonstrate a direct relationship between the infrastructure funding request and tourism, trade and economic development "activity". Infrastructure applications seeking funding to rehabilitate existing public infrastructure without direct connectivity to job creation are not favored. The EDA recognizes four types of infrastructure application categories:

1. Public Infrastructure necessary for the immediate or facilitation of the creation of jobs, with or without the use of "performance based mortgage instrument".

2. Private infrastructure necessary for the immediate, direct creation of jobs,with or without use of "performance based mortgage instrument", as each application may require to adequately protect the public investment.

6

3. Joint infrastructure between a governmental entity and a private sector employment or infrastructure entity.

4. Those so defined by a two-thirds majority of the Authority members (declaration). This 2/3 majority vote shall require that action be taken at a meeting at which a majority of the members is present.

Note: a performance based mortgage shall be created between the entities above, where appropriate, without EDA oversight. The sponsoring government entity shall be the grantee. The grantee is responsible for the creation, implementation and disposition of such instruments.

(2) DISTRIBUTION OF PROGRAM FUNDS. EDA funds are distributed as reimbursement grants by the Authority on a project-by-project basis to applicants eligible under these guidelines. The Authority's performance and obligation to award program grants are contingent upon an annual appropriation as announced in the Florida Administrative Weekly for the subsequent fiscal year.

(3) APPLICATION SUBMISSION PERIOD. The Authority shall accept program applications only during the application submission period. Applications must be postmarked on or before the last day of the application submission period. The Authority shall publicize the dates of the application submission period and other pertinent application information specified in these guidelines in the Florida Administrative Weekly.

(4) GRANT AWARD. The Authority shall rank applications to the extent of estimated available program funds based on criteria relating to administrative capacity, public benefit, economic benefits and public use.

(5) PROGRAM AMOUNT ALLOCATION. For each funding cycle, the Authority shall divide the estimated available program amount into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure.

(6) RECOMMENDED APPLICATION PRIORITY LIST. The program amount assigned to each fund as established by the Authority shall be divided into four categories: Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure. Applications shall be ranked according to criteria summary sheet. The application satisfying the most criteria will receive the highest priority. The remaining applications will be arranged in descending order according to their assigned criteria. Applications criteria below the minimum, established by the Authority shall not be placed on the priority list. The priority list shall include recommendations for distribution of available program funds. In the event there are insufficient applications to account for all program funds assigned to a category or fund, the remaining funds shall then be allocated to the other categories or funds.

(7) BREACH OF CONTRACT. The Authority shall deny or suspend program eligibility to any applicant or grantee against which the Authority has an unsettled financial claim and/or dispute of attainment of program requirements.

7

IV. APPLICATION REQUIREMENTS and PROCESSING. The Authority shall approve applications for program grants in order of ranking until all program funds are depleted under the following standards and criteria:

(1) ELIGIBLE APPLICANTS. A local government entity (Board of County Commissioners, municipalities, authorities p.e. water, airport, etc.]), non-profit business or for-profit businesses may submit EDA applications during the application submission period.

(2) PROJECT ELIGIBILITY.

(a) Joint Application, Job Creation Application, Economic Development Application, and EDA Infrastructure: EDA grants shall only be awarded to grantees for projects that are for the sole purpose of providing infrastructure or private sector job creation.

(b) Eligible Site: The site of an EDA development project shall be owned by the applicant, or shall be under lease to the applicant for a period of time sufficient to satisfy the dedication period by the submission period deadline. The Authority shall make exceptions when the applicant demonstrates that: 1) it is in the public interest and it complies with all other parts of these guidelines. Other forms of real property interest will be considered if the applicant provides clear and explicit documentation showing that it has the sole ability to control, manage, and dedicate the property for the required period of lime. Site control verification must be received by the execution of the Grant Award Agreement.

(c) Number of Applications: An applicant may submit more than one application for grant assistance. An application grant project must be limited to a single site or group of sites in which all the properties have the same owner or owners.

(d) Active Projects: A grantee with an open EDA project by the closing date of an application submission period can be eligible to submit additional applications.

(e) Duplicate Projects: An applicant shall not submit the same application, in whole or in part in concurrent or overlapping funding cycles.

(3) COMPLETENESS/ELIGIBILITY DETERMINATION. Following closure of an application submission period, Authority staff will review and determine the completeness of each application based on the following:

(a) Applications received by the application submission deadline will be reviewed and evaluated by the governing body of the County and each municipality in the County, the nonprofit corporation and the Authority based on the materials submitted. Applicants will be notified of the timely receipt and status of their application(s).

(b) No additional information shall be accepted after the application submission deadline, unless specifically requested by Authority staff for clarification of information provided in the application received by the published application submission deadline.

8

(c) Ineligibility: An application, in whole or in part, may be declared ineligible by the Authority pursuant to Paragraphs IV (2)(a-e). The Authority may determine that a project site or facility is not viable or practical if the projects fail to adequately meet the Authority's evaluation criteria.

(4) APPLICATION EVALUATION. Each eligible application shall be evaluated on the basis of the information provided in the application and in accordance with this part.

(5) UNFUNDED AND INELIGIBLE APPLICATIONS. Any unfunded or ineligible application shall remain on file in accordance with Public Records retention requirements.

(6) APPLICATION FORM. The EDA Program Application Form is available from the County Manager's Office at 412 W. Orange Street, Room 103, Wauchula, FL33873.

V. EVALUATION CRITERIA. A priority listing of all project applications, including consideration of the information received from the County, the municipalities, the nonprofit corporation, if any, and the public, by ranking each project relative to the others and shall establish funding levels and any appropriate special conditions for each individual project. The priority listing shall be assigned to each eligible application after an evaluation according to the application criteria which follows:

(1) GENERAL CRITERIA.

(a) Sufficient administrative capability to administer the grant.

(b) The public good or public benefit generated by the project.

(c) The direct private investment stimulated by the project.

(d) The use of County matching Funds on the project.

(e) Geographic and demographic diversity in the disbursement of grant awards.

(f) Compatibility with countywide economic development and infrastructurepriorities.

(g) Financial capacity to carry the project costs until reimbursement is received.

(h) Professional and technical service availability to carry out the project.

(2) Other factors that shall be considered include the following:

(a) The long term economic benefit of the project or activity to the applicant community.

(b) The expected time frame for such economic benefit to be realized and the attendant risks related to the likelihood of such realization.

9

(c) The additional economic benefit and/or private sector jobs created or retained which may occur as a result of other capital investment(s) that may be facilitated by the completion of the project.

(d) The importance of the grant to the completion, execution and/or implementation of the project.

VI. GRANT ADMINISTRATION. The following constitutes procedures for administration of program grants:

(1) GRANT AWARD AGREEMENT. After the Authority appropriates grant funds, the Authority and grantee shall enter into a Grant Award Agreement which sets forth the responsibilities and duties of each regarding administration of the approved project. The Grant Award Agreement shall contain terms and conditions particular to each project. Grant Award Agreements are not transferable.

(2) PAYMENT BASIS. Grantees shall be paid program funds by the Authority subject to the following conditions:

(a) Project Costs. Payment of project costs shall be reimbursed quarterly as provided for in these guidelines and in the Grant Award Agreement. Project costs may be reimbursed more frequently than quarterly upon determination by the Authority and inclusion in the Grant Award Agreement. Costs shall be incurred between the effective date of, and the project completion date identified in, the Grant Award Agreement except for pre-agreement costs. Costs for appraisals, appraisal review, surveys (boundary and topographic), title searches, and project signs are eligible project expenses. If the total cost of the project exceeds the grant amount and the required match, the grantee must pay the excess cost.

(b) Cost Limits. Project planning expenses, such as architectural and engineering fees, permitting fees, project inspection, and other similar fees, are eligible project costs provided that such costs do not exceed fifteen percent of the project cost.

(c) Retention. The Authority shall retain ten percent of the grant until the grantee completes the project and the Authority approves the completion documentation set forth in these guidelines. This retention requirement may be waived by the EDA in the Grant Award Agreement.

(3) ACCOUNTABILITY. The following procedures shall govern the accountability of program funds:

(a) Accounting System. Each grantee shall maintain an accounting system which meets generally accepted accounting principles and shall maintain financial records to properly account for all program and matching funds.

(4) REVERTED PROJECT FUNDS. EDA funds remaining after termination of a grant award or grantee completion of project shall revert to the Authority. If any funds awarded during a funding cycle are not accepted by the grantee or become available

10

before termination of the fiscal year for which they were appropriated, the Authority may authorize the funds be carried forward for use by any succeeding cycle/year.

(5) INFRASTRUCTURE PROJECTS. The following constitutes the specific procedures for administration of infrastructure projects:

(a) Grant Period. The grantee will have up to three years from the start of the fiscal year in which funds are appropriated to complete the project. If the project is not completed within three years from the start of the fiscal year in which funds are appropriated, the contract shall be terminated and the project funds shall be reverted to the Authority, unless the Authority authorizes an amendment to extend the project agreement.

(b) Commencement Documentation. Prior to commencement of project construction, the grantee shall submit for approval the documentation described in the Commencement/Reimbursement Documentation Form available from the County Manager's Office at412 W. Orange Street, Room 103, Wauchula, FL 33873.

(c) Completion Documentation. Upon completion of the project and prior to release of the final payment, the grantee shall submit all documentation described in the Project Completion Documentation Form available from the County Manager's Office at412 W. Orange Street, Room 103, Wauchula, FL 33873.

(d) Inspections. The Authority shall have the right to perform an on-site inspection of the project site to ensure compliance with the Grant Award Agreement prior to release of the final grant payment.

VII. COMPLIANCE RESPONSIBILITIES. The following constitutes the general requirements for program compliance:

(1) SITE DEDICATION. Land owned or under site control by the grantee, which is developed for infrastructure with EDA funds, shall be dedicated for public use.

(2) MANAGEMENT OF PROJECT SITES. Grantees shall ensure by site inspections that facilities on project sites developed with EDA funds are being constructed, operated and maintained. All project sites shall be open for inspection at reasonable times and shall be managed in a safe and attractive manner.

(3) NON-COMPLIANCE. The Authority shall terminate a Grant Award Agreement for non-compliance by a grantee with the terms stated in the Grant Award Agreement or these guidelines. If grantee fails to comply with the provisions of this part or the Grant Award Agreement, the Authority shall declare the grantee ineligible for further participation in EDA until such time as compliance has been obtained.

(4) POST COMPLETION INSPECTIONS. Authority staff shall have the right to perform an on-site inspection of completed program sites to ensure compliance with program requirements as stated in these guidelines.

Creation: Senate Bill3110, House Bill1303, and House Bill1627

Specific Authority: Adopted by Board: Amended:

211.3101(3)(b)3 FS May02, 2006March 25, 2008December 21, 2010

II

Steele Equine Veterinary Services &Performance Horse Center

Dr. liz Yelvington Steele, DVM7713 State Road 64 East Zolfo Springs,FL 33890

(863) 441- 0716

EDA Economic Development Grant ProposalJune 30, 2016

HARDEE COUNTY EDAECONOMIC DEVELOPMENT GRANT APPLICATION

IMPORTANT NOTE:

This application must be filed 12JisJLto making the decision to locate a new businessunit in Hardee County or to expand an existing Florida business unit.

APPLICATION PROCESS:

1. Please review the attached guidelines before preparing the application.2. After thoroughly reviewing the guidelines and the application, you may wish to

call the County Manager's Office listed below to discuss your project and application before submitting a formal proposal.

3. Any information and documentation that cannot be supplied in the spaceprovided on the application form should be attached to the application and referenced to the relevant question.

4. Copies of maps or other descriptive materials that you believe will assist inevaluating your application may be submitted with your proposal. If you do include such material, please itemize all such documents in your cover letter.

5. Any application received after COB on June 30, 2016, will not be accepted and will be returned to the applicant.

6. Only hard copy applications will be accepted, no faxed or e-mailed applications will be accepted or considered.

7. The completed and signed original application and nine copies must be filed with: County Manager's Office

412 W. Orange St., Room 103

Wauchula, FL 33873

FOR ADMINISTRATIVE USE ONLY:

Date and time application received: Initials _ Date application deemed complete: Initials

It is suggested that you contact at the below address to discuss your project and application before submitting a formal proposal

The completed and signed application must be filed with:

County Manager's Office412 West Orange Street, Room 103

Wauchula, Florida 33873Voice: 863/773-9430Fax: 863/773-0958

Steele Equine Expansion Project Page 2 of 58

EMPLOYE R IDENTIFICATION

BUSINESS INFORMATION

1.a) Name of Business Unit: Steele Equine Veterinary Services & Performance Horse Center

b) Mailing Address: 7713 State Road 64 East, Zolfo Springs, FL 33890

c) Name of Parent Company (if applicable):

d) Primary business uni t contact:Name: Liz Yelvington Steele Title: Co-Owner Company: Steele Equine Veterinary Services & Performance Horse Center Address: 7713 State Road 64 East, Zolfo Springs, FL 33890Phone: 863-441-0716 Fax: 844-278-6610Email: [email protected] Website: www.steele-equine.com

e) Describe the business unit's primary business activities/function within the county:

The Steele Equine Expansion Project will renovate the existing facility and add new construction to build a specialty Veterinary facility offering cutting edge diagnostic, therapy, surgical, and rehabilitation services to ensure that each horse receives a swift, accurate diagnosis and the best opportunity for full recovery. The uniqueness of Steele Equine will be its ability to offer fully integrated, specialized, multidisciplinary services in one facility and performed by one team of specialists. This availability of services, techniques, and expertise will bring a new level of equine care to central Florida and a significant "value add" to Hardee County. The ultimate goals of the project are to: (a) Provide the most comprehensive, effective, and quality equine care in Hardee County; (b) Provide an engaging learning/training environment for students seeking a degree in Veterinary medicine; and (c) Bring muchneeded economic development and job opportunities to Hardee County. Please see Tabs #1-10.

PROJECT IDENTIFICATION/INFORMATION

2.a) Is the business uni t a {please check all that apply:

D Planning multiple locations in the State of Florida[8) An expansion of an existing Hardee County business unit. D A new business uni t to Hardee County.

b) If an expansion,how many Hardee County employees are currently in the expanding business unit? 9

c) How many individuals are employed in ALL Florida/Hardee County locations? 9

Steele Equine Expansion Project - Page 3 of 58

d) Project's current location address: 7713 State Road 64 East, Zolfo Springs, FL 33890

e) Project's proposed location address: 7713 State Road 64 East, Zolfo Springs, FL 33890

f) Please check the box (es) that best defines your project.

D Multistate business enterprise D Multicounty business enterpriseD Multinational business enterprise [8] Regiona

Supportl Headquarters

D Manufacturer D CentersD Logistics/Distribution D Research & Development

D QTI eligible businesses (List attached)

g) Please estimate percentage of gross receipts or final sales resulting from this project that will be made outside of Hardee County:0%

h) List the positions you will employee (i.e. customer service,equipment operator, bookkeeper, production manager). Attach extra sheets as needed.

Position: Rehabilitation/Fit Horse Center ManagerNumber of Employees: 1(1FTE)

Annual Salary: $39,520.00Total Annual Salaries: $39,520.00

List benefits associated with each new job created:

a) Sick Pay: [8]

b) Vacation: [8]

c) Medical: D Health D Vision D Dental d) Retirement Plan: De) Holidays: [8]

Position: Grounds MaintenanceNumber of Employees: 1(1FTE)



a) Sick Pay: [8]

b) Vacation: [8]

c) Medical: D Health D Vision D Dental d) Retirement Plan: De) Holidays: [8]

Position: Equine CaretakerNumber of Employees: 1(1FTE)



a) Sick Pay: [8]

b) Vacation: [8]


c) Medical: D Health D Vision D Dental d) Retirement Plan: De) Holidays: IRl

Position: Veterinarian Technician Annual Salary: $27,040.00

Number of Employees: 1(from .5 to 1.0 FTE)


Total Annual Salaries: $27,040.00

a) Sick Pay: IRl b) Vacation: IRlc) Medical: D Health D Vision D Dentald) Retirement Plan: De) Holidays: IRl

i)1. Describe the capital investment in real and personal property (examples: construction of new

facility; remodeling of facility; upgrading,replacing or buying new equipment. Do not include the value of land purchased for construction of a new building):

Amount $442,862Amount $0Amount $112,279Total $555,141

Construction/Renovations Manufacturing Equipment Other Equipment

2. list the anticipated amount (within three (3) years) and type (purchase of machinery/equipment, construction of buildings, etc.) of major capital investment to be made by the applicant in connection with this Hardee County project:See Tabs #6 and 7

3. Estimated square feet of new or newly expanded facility: 11,450 square feet

j) Anticipated date of beginning contraction for this project (mm/dd/yyyy): 10/01/2016

k) Anticipated date project will be in operation: 01/30/2018

PROJECT IMPACT INFORMATION

a) What role will the incentive play in the decision of the applicant to locate or expand in Hardee County? {If there are other states/communities competing for this project,please list which states/communities and what incentives are being offered by these states/communities.)

Dr. Liz Steele has been an established Veterinarian in Hardee County since 2006. Although Steele Equine could move and expand in another region in Florida, it is the ultimate goal of Steele Equine to remain and expand its business in Hardee County and be a vital member in the county's goal for economic revitalization.


b) A brief review of the applicant's past activities in Florida and in other states, particularly as they relate to environmental and growth management impacts and how these have been handled. (Basically, what kind of corporate citizen has the applicant been?)See Tab #1

c) Any criminal or civil fines or penalties and any awards. (If yes, please explain): None

d) If jobs are to be phased in, provide the date when each phase of employment will be fully implemented: (Please limit the phases to no more than three consecutive years.)

Phase

Number of net new full-time equivalent Hardee County jobs

created in business unitDate by which those jobs will be

createdIII .5 2017Ill 3.0 2018

Total 3.5

e) For purposes of certification, agreement, and claim review indicate the wage and corresponding threshold (percentage) to which you commit by circling below (circle just one that reflects your overall average for your whole Hardee County unit):

a) $15.24 which is 115% of the average wage of $13.25 in Hardee County.

b) $19.88 which is 150% of the average wage of $13.25 in Hardee County.

c) $26.50 which is 200% of the average wage of $13.25 in Hardee County.

Source of information: Enterprise Florida, 2015.

PROJECT APPLICATIO N INFORMATION

a) Is the project located in a Community Redevelopment Area?No.

b) Is the County or any other entity providing matching funds for this project?IRl Yes D NoIf yes, please provide supporting documentation. Tab #5 (and, #10)

c) Please include whatever information you think will be helpful in the evaluation ofthe anticipated impact of the proposed project including a copy of any overall strategic or specific project/development plans and/or executive summary for the project.Tab #1and #2


d) This is a reimbursement grant. Please provide the financing plan for this project indicating which funds will be reimbursed by these grant dollars should the application be funded.Tab #5 (and, #10)

e) Please provide evidence ofthe public use or other public good resulting from this project.Tabs #1 and #9

f) Please describe, in sufficient detail to evaluate the feasibility of the project, the anticipated schedule for the applicant's decision to proceed with the project; e.g., acquisition of property; obtaining permits and similar approvals, ground-breaking and other major phases of construction and initiation or operation; or other appropriate benchmarks for the project.Tab #2

g) Include a list of all major permits, comprehensive plan amendments, zoning changes, and similar approvals required and the associated time frames for each.Tab #3

h) Please provide projected operating budget for a minimum of three years.Tab #6 (and, #10)


CONFLICT OF INTEREST

All applicants must disclose with their application the name of any elected official, officer, director, or agent who is also an employee of Hardee County, or Hardee County Economic Development Authority. Further, all applicants must disclose the name of any Hardee County or Hardee County Economic Development Authority staff or board member who owns, directly or indirectly, an interest of five percent or more in the company creating the employment opportunities that benefits fromthe proposed project or the name of any Hardee County or Hardee County Development Authority.

Related documentation attached


Application completed by:

(Signature)

Liz Yelvington Steele, DVM (Print or Type Name & Title)

Steele Equine Veterinary Services & PerformanceHorse Center(Company)

863-441-0716 (Phone Number)

844-278-6610 (Fax Number)

June 27, 2016 (Date)

[email protected](E-Mail Address) (Contact

Person, if different) (Contact

Address, if different)

(Address, if different)

(Phone, if different)

To the best of my knowledge, the information included in this application is accurate.

(Signature of Authorized Officer)

(Print or Type Name of Authorized Officer)

(Print or Type Title of Authorized Officer)

(Company)

(Phone Number)

(Fax Number)

(Date)

(E-Mail Address)


Table of Contents

Tab 1: Executive Summary .................................................................................................................10

Statement of Need & lmpact....................................................................................................11

Experience and Capacity...........................................................................................................12

Strategic Project Overview .......................................................................................................14

Tab 2: Project Design and Feasibility..................................................................................................17

Project Goals and Objectives .....................................................................................................18

Project Activities ........................................................................................................................18

Project Timeline......................................................................................................................... 26

Project Management and Oversight ......................................................................................... 27

Tab 3: Project Permits and Zoning ..................................................................................................... 30

Tab 4: Evaluation ................................................................................................................................32

Tab 5: Financing Plan with Matching Funds & Budget Narrative.......................................................35

Tab 6: Project Operating Budget ....................................................................................................... 38

Tab 7: Current and Anticipated Financials .........................................................................................41

Tab 8: Resumes of Key Stakeholders ..................................................................................................48

Tab 9: Letters of Support ....................................................................................................................49

Tab 10: Alternative Proposal (Phase 1: Steel Building Framework and Surgical Center Only) ...........50

Project Objectives (Phase I Only).............................................................................................. 51

Project Operating Budget (Phase I Only) .................................................................................. $1

Current and Anticipated Financials (Phase I Only) ...................................................................54

m I,c\

Steere P.quine

Tab 1: Executive Summary

Statement of Need and Impact Experience and Capacity

Strategic Project Overview

Steele Equine Expansion Project - Page 11 of

Executive Summary

Statement of Need and ImpactHardee County is faced with the challenge of being one of the state's most depressed rural areas characterized by high rates of poverty, slow population growth, and little private employment opportunities. According to the2010 Census',

• The population in Hardee County is 43.5 persons per square mile in comparison to 350.6 persons per square mile statewide.

• The median household income in Hardee County is $36,155, compared to $47,309 (Florida) and $53,046 (United States).The per capita income in Hardee County is $14,299, which is significantly lower than the state average of$26,451and the national average of $28,051.

In addition to these statistics, in Hardee County and surrounding areas there are significant hurdles for horse owners, trainers, and breeders to overcome when pursuing quality, responsive equine services. These challenges include:• The performance horse industry in Florida is massive. Nearly 300,000 horses reside in Florida. It is

estimated that the industry has almost a 7 billion dollar overall impact in gross domestic products statewide'. With the exception of Steele Equine, there are no other facilities in central Florida offering advanced reproductive services and performance horse services. Furthermore, there is not a comprehensive equine facility that includes surgical, performance horse, reproductive, and rehabilitation services all in one location in Florida.

Local residents must drive over 60 miles to the nearest equine surgical facility.Local residents must drive almost 2.5 hours to obtain equine rehabilitation services.Local residents and those in the surrounding counties are not able to obtain the seamless combination of care that they need for an injured animal without considerable time and expense. A comprehensive facility that incorporates a multidisciplinary approach is simply not available within a 125-mile radius. According to Dr. Robert G. Gukich of Lake Wales Large Animal Services:

"As a large animal Veterinarian in the central Florida area I believe we are in need of asurgical rehabilitation facility for local performance horses, as being proposed by Liz Steele, DVM. I come across many cases where I am unable to help a client because the surgery and/or rehabilitation that is needed is too extensive and I'm unable to provide that service and I have no other local recommendations in this a reo to send them to. Providing this service in this area would eliminate the need for locals having to travel to Ocala or Palm Beach to receive service."

Dr. Elizabeth "Liz" Yelvington Steele is a devoted community member with a strong sense of urgency to bring business to Hardee County, create new jobs, and strategically plan for improved economic development. Dr. Liz Steele was awarded the national Veterinary Medical Loan Repayment Program Award, which is awarded to students who demonstrate a commitment to serving "underserved" areas. Hardee County was identified as an "underserved area" by the U.S. Department of Agriculture, Veterinary Medical Loan Repayment Program.

In summary, with her leadership and expertise, Dr. Liz Steele is determined to expand Steele Equine, develop a comprehensive equine facility,and to strategically and thoughtfully impact economic development in Hardee County by being a growing,sustainable,and culturally relevant business.

1 Bureau, U. S. (2012). State and County Quick Facts, Hardee County, Florida.2 American Horse Council Foundation {2005). The Economic Impact of the Florida Horse Industry.


Experience and CapacityIn 2008, Dr. Liz Steele was deeded twenty, scenic acres in Hardee County to build and develop the Three Oaks Equine Reproductive Facility. Three Oaks Equine is a custom-built, reproductive facility including indoor workspace for embryo transfer activities, a special laboratory, and 20 oversized stalls with a special mattress system for comfort and sanitation. It is the only facility in central Florida offering services such as embryo transfer, fresh and frozen semen insemination, frozen semen storage, foaling service, high risk pregnancy monitoring and management, infertility management, and breeding soundness evaluation with uterine biopsy. In 2012, Dr. Liz Steele made a strategic decision to move from primarily providing reproductive services to also providing performance horse services.

Three Oaks Equine, which was owned and directed by Dr. Liz Steele, was a division of Ridge Large Animal Veterinary Services. Founded in 1998, Ridge Large Animal Veterinary Services is known and respected for its exceptional services, diagnosis, and treatment of cattle, horses, and small ruminant (e.g., pig, goats, and sheep). It is the largest beef cattle Veterinary practice in Florida for both the number of Veterinarians and number of cattle managed. Three Oaks Equine encompassed all the equine services for Ridge Large Animal Veterinary Services with the exception of the mobile equine services. In 2014, 47% of Ridge Large Animal Veterinary Services' revenue was from equine services and 53% is from cattle and other mobile services.

In June 2015, Three Oaks Equine and Ridge Large Animal Veterinary Services decided to officially separate the two aspects of the practice. Thus, Dr. Liz Steele and co-owner Terry Jay "TJ" Steele, CJF CEqDT, established a new business (i.e., Steele Equine Veterinary Services & Performance Horse Center), which is dedicated to providing comprehensive equine Veterinary services including rehabilitation, surgical, reproduction, chiropractic, dentistry, farrier, and performance horse services.

From its inception, Steele Equine Veterinary Services & Performance Horse Center's work has been grounded on one primary vision- to create a specialty Veterinary facility offering innovative diagnostic, surgical, performance horse, reproductive, and rehabilitative services in Hardee County as well as provide an engaging training environment for aspiring Veterinarians. This vision is the core mission of the Steele Equine Expans'1on Project.

Dr. Liz Steele is the founder, co-owner, and director of Steele Equine. Dr. Liz Steele graduated from the University of Florida, College of Veterinary Medicine. She is highly recognized within Hardee County, statewide, and at the national level due to her success, expertise, and knowledge in equine reproduction (especially embryo transfer) as well as equine diagnosis, treatment, rehabilitation, performance/sport horse medicine, and wellness. In addition, Dr. Liz Steele's accomplishments include:

• Receiving the W.B. Saunders & Mosby Large Animal Surgery Award for her skills in large animal surgery;• Receiving the Clyde and Laura Spears Rural Animal Medicine Proficiency Award for her expertise in food,

animal medicine, surgery, and reproduction;• Serving as a Courtesy Assistant Professor for the University of Florida, College of Veterinary Medicine;• Serving as chair of the Animal Health Committee for the Florida Cattleman's Association; and• Serving on a committee through the Florida Cattleman's Association and University of Florida Animal

Science for ranking grant funds committed to Florida beef cattle research.

Steele Equine Expansion Project · Page 13 of 58

Steele Equine strives to exceed client's expectations by utilizing advanced scientific knowledge and leading edge therapy and equipment within a safe, well-maintained, and compassionate environment. Steele Equine'ssuccess is founded in the quality and effective services provided as well as the passion and care for each client and patient.

Since 2008, Dr. Liz Steele has provided services to over 1,451clients including equine owners,breeders, and trainers;In fact, since December 2014, there have been 302 new clients, with 98% of these clients being repeat clients. In addition, since 2008,the number of performance horse evaluations and treatments has increased significantly (i.e.,1042% percent increase). See Exhibit 1.

Exhibit 1: Number of Horse Performance Evaluations and Treatment (2008-2015)

500450400350300250200150100so

0

2008 2009 2010 2011 2012 2013 2014 2015

..,.__ Examinations/Sport HorseEvaluations

..,.__ Radiographed (x-ray)

-c -Intra-Articular (JointInjections)

..,._Ultrasound Examinations ofSoft Tissue Injuries

Steele Equine's reputation extends outside of Hardee County. In fact, only 22% of the current performance horse clients are residents of Hardee County. Thus,78% of the clients reside in surrounding counties including Highlands,Desoto, Polk,Hillsborough, Glades, Lee,Okeechobee, Manatee, and Hendry,Collier,and Charlotte (see Exhibit 2). These clients bring direct, new revenue to Hardee County.

Steele Equi ne Expansion Project - Page 14 of 58

Exhibit 2:Percent of Performance Horse Clients by County (January 2013- May 2016)

•Hardee

•Highlands

• Desoto

•Polk

•Hillsborough

•Glades

Lee

•Okeechobee

•Manatee

Hendry

•Collier

•Charlotte

Training others and sharing her passion, expertise, and knowledge is a fundamental value of Dr. Liz Steele. Since2006, Dr. Liz Steele has provided engaging and meaningful learning experiences to over 107 students from high school through a dvanced Veterinary students. Specifically, Dr. Liz Steele has provided learning experiences for students enrolled at University of Florida, Auburn University,Florida State, Mississippi State University, Montana State University, Oklahoma State University, Quebec Canada, Texas A & M, Virginia-Maryland University, and Warner Southern University.

Strategic Project OverviewThe data above, in combination with the strategic project overview detailed below, provide strong evidence that a comprehensive equine facility will not only bring highly needed services to the county, keep significantbusiness and revenue within the county (without the need to access the services elsewhere),and bringadditional revenue to the county from clients who reside in t he surrounding counties.

These facts,combined with the documented need in Hardee County for economic development,makes the partnership between Steele Equine Veterinary Services & Performance Horse Center and Hardee County's Economic Development Authority compelling.

The Steele Equine Expansion Project will provide comprehensive,quality services in a controlled/clean environment that ensures the safety and well-being of the patient,as well as provide an engaging environment for student learning. The need for each of these components is detailed below.

Surgical Center: Unfortunately, surgery is often a necessary intervention for an injured horse. In fact, at Steele Equine 20% of the lameness evaluations result in some type of surgical intervention. Although Steele Equine has the capacity to perform standing procedures, 100% of the surgeries that require general anesthesia must be referred to another Veterinary facility (located outside of Hardee County). Steele Equine refers surgical patients to outside Veterinarians at least twice a week with a surgery


costing from $800 to $15,000, not including travel and other travel-related expenses. Consequently, a significant amount of money is leaving Hardee County to access needed equine surgical services.

In emergencies, time is of the essence. As Dr. Mark Phillips states, "time is trauma". Research is clear. There is a critical period (i.e., 4-6 hours after the laceration/injury) called the "Golden Period" in which the success of treatment and surgery is significantly increased. Surgical intervention, if not timely, is directly proportional to mortality. Furthermore, for colic (i.e., abdominal pain) surgeries, the time factor is even more critical as far as success post operatively. Many of Steele Equine patients with colic travel3 hours to receive treatment; often too late for surgery. In these cases, even an hour makes a differencein a successful outcome (i.e., survival).

Hardee County residents need to be able to access effective surgical services within a sterile and controlled environment that is well equipped with leading edge equipment and technologies to accommodate a full array of equine surgeries, at fair and reasonable rates.

Performance Horse Department: Performance horse owners seek and only utilize Veterinarians who have a proven success record of increasing a horse's athletic performance. Conducting quarterly or bi annual lameness evaluations is the first step in understanding the animal and keeping athletes running and performing at their best. It is critical that rehabilitation services are based on an accurate and timely diagnosis and an effective treatment plan. Thus, with the expansion project, Steele Equine will be ableto provide a clear diagnosis (eliminating unnecessary and costly repeated tests and rest periods), provide a precise targeted treatment plan, reduce the healing time by utilizing effective treatment strategies and technologies, and ultimately optimize horse performance.

With the expansion of the Steele Equine facility, the number of new and returning clients seeking performance horse services within and from outside of Hardee County will continue to increase significantly and directly impact economic development in Hardee County.

Rehabilitation Center: After an injury or surgery, the goal of the owner and the Veterinarian is torestore the horse to full health and fitness as efficiently and safely as possible through rehabilitation and prescriptive exercise. This includes the development of a specific treatment plan that is implementedand monitored using proven methods, strategies, and equipment. Currently, Hardee County residentsmust leave Hardee County to obtain rehabilitative services. Seeking services outside of Hardee County is expensive, time consuming, and frustrating (see Letters of Support in Tab #9).

In addition, a limiting factor with an embryo transfer for a performance horse is the fact that horse owners are often hesitant about the horse being "rested" for a couple weeks without a chance for strength building and exercise. Currently, there are no equine facilities in central Florida that provides both reproductive and rehabilitation services. With Steele Equine's expansion, performance horses that undergo embryo transfer will be able to obtain essential fitness services such as swimming and exercising during their stay.

Learning Opportunities: Today, many undergraduate and graduate programs are challenged by the need for hands-on learning opportunities for students seeking a degree in Veterinary medicine. The project expansion will provide an avenue to provide undergraduate and graduate students with a high quality learning experience under the direct supervision of Dr. Liz Steele. By introducing them to Hardee County, some students will want to return to Hardee County as they begin their careers. Although not all of these students will become Veterinarians, some may potentially seek employment in agriculture or


another field in Veterinary medicine. According to Dr. Liz Steele, Steele Equine consistently has a high demand for students (i.e., at least 4 inquiries a year) wanting to join the Steele Equine team as an employee.

The need for engaging equine learning experiences extends even younger. According to Dr. Liz Steele, her goal is to inspire youth to exceed their expectations and be exposed to post-high school possibilities within Hardee County. Furthermore, she has had over 50 requests for young girls who want to "shadow" her and explore horsemanship and Veterinary medicine. To fulfill this ever-present need, Steele Equine initiated Spring Break Veterinary Camps for youth (10-15 years of age) in 2015. It should be noted that with the exception of Steele Equine, there are no other youth camps that focuses on equine Veterinary care in the state of Florida. Thus, this experience not only generates revenue, it meets the targetedgoals and engages youth in early Veterinarian experiences.

Tab 2: Project Design and Feasibility

Project Goals and ObjectivesProject ActivitiesProject Timeline

Project Management and Oversight

of 58Steele Equine Expansion Project

Project Goal and ObjectivesEconomic development is at the core of the Steele Equine Expansion Project. With the expansion project, Steele Equine aims to expand and renovate its current facility and services including an expanded equine Surgical Center, Performance Horse Department, and Rehabilitation Facility. The ultimate goals are to:

1. Provide the most comprehensive, effective, and quality equine care in Hardee County and CentralFlorida;

2. Provide an engaging training environment for aspiring Veterinarians from undergraduates to advancedVeterinary students; and

3. Bring much needed economic development to Hardee County.

To help guide the progress toward attaining these goals, Steele Equine has developed a set of targeted, measurable objective (see Exhibit 3).

Exhibit 3: Steele Equine Expansion Project Objectives

Increase economic development by providing comprehensive,effective servicesObjective 1 To renovate the current facility to include a new Surgical Center, Rehabilitation

Center, Performance Horse Department, bunkhouse, handicap accessible restroom, and main office by January 30, 2018.

Objective 2 To increase the number of Performance Horse and Lameness Evaluations provided annually from 266 to 390 evaluations by January 30, 2020 (47% increase).

Objective 3 To increase the number of Surgical Services provided annually from 0 to 80 surgeries (8000% increase) by January 30, 2020.

Objective 4 To increase the number of Rehabilitation and Fit Horse Sessions provided annually from 0 to 1,680 sessions (16800% increase) by January 30, 2020.

Objective 5 To increase the number of Diagnostic Procedures provided annually from 739 to1,478 (100% increase) by January 30, 2020.

Objective 6 To increase the number of equine clients served from 1,451to 2,902 (100%increase) by January 30, 2020.

Objective 7 To increase the number of Veterinary students participating in a Veterinary Externship (an advanced, onsite 2-week rotation) and University of Florida's Practice-Based Equine Clerkship from an average of 7 students a year to 11 students per year by January 30, 2020 (57% increase).

Objective 8 To increase the number of students participating in an Undergraduate Veterinary Experience and the High School Student Shadowing Program from 8 students a year to 16 students per year by January 30, 2020 (100% increase).

Objective 9 To increase the number of youth attending the Spring Break/Summer EquineVeterinary Camps from 18 to 30 children by January 30, 2020 (67% increase).

Project ActivitiesSteele Equine is on the pulse of the horse and Veterinary industry and shares the vision of Hardee County for economic development. With the funds from EDA, the Steele Expansion Project will renovate and expand the existing facility to build a specialty Veterinary facility offering cutting edge diagnostic, therapy, surgical, and rehabilitation techniques to ensure that each horse receives a swift, accurate diagnosis and the best opportunity for full recovery.


The uniqueness of Steele Equine (with its expansion) will be its ability to offer fully integrated, multidisciplinary, specialized services in one facility and performed by one team of specialists. This availability of services, techniques, and expertise will bring a new level of equine care to central Florida. The facility's capacity will be 30 horses.

How Steele Equine aims to work to impact economic development in Hardee County and meet its stated goals and objectives is summarized in the logic model (see Exhibit 4). The inputs consist of those elements that make up the program. The combination of the inputs and activities will build a comprehensive equine facility, which will provide access to the highest quality and critically needed equine care (i.e., the outputs). These outputs in turn will lead to multiple outcomes.

Exhibit 4: Logic Model for Steele Equine Expansion Project

Conditions Inputs Activities Outputs OutcomesBarriers (withinHardee County)• High

unemployment rate• Median household

income• Lack of quality

equine Veterinary services in Hardee county including performance horse, surgery, and rehabilitation facilities

Needs (within Hardee County & Florida)• Economic

development• Job creation• Local,

comprehensive, quality Veterinary services and rehabilitation and performance facility

• Quality learning opportunities for Veterinary students and youth

Assets• Sounds fiscal

management

Staff time andexpertise

Clients

Steele Equine Facility and Services

Steele EquineTraining Experiences

Partnership with Institutes of Higher Education

Economic Development Authority Funding

Develop a ProjectManagement Team

Facility Renovation and Construction• Performance Horse

Department• Surgical Center• Rehabilitation

Facility• Main Office• Handicap

Accessible Restroom

• Bunkhouse

Hire and RetainQuality Staff• Veterinarians• Veterinary

Technicians• Business Manager• Office Assistant• Grounds

Maintenance• Equine Caretaker• Rehabilitation/ Fit

Horse Manager• Contractors/

Construction/ Electrician/ Plumber/Engineer

EconomicDevelopment

• Increase the number ofservices providedby Steele Equine

• Decreased the need to traveloutside Hardee County for critically needed equine and Veterinary services

• Increase in thenumber of clients

• Increase the number of clientsfrom outsideHardee County

Education & Economic Development

• Increase thenumber ofVeterinary students participating in a Veterinary Externship and Practice-BasedEquine Clerkships

• Increase the number ofstudents

EconomicDevelopment• The dollars spent

in Hardee County vs. other counties in Florida on equine Veterinary services willincrease

• The number of clients from other counties will use the expanded facility andservices

Education & Economic Development

• Students engagingin Steele Equinetraining experiences will relocate and be employed in Hardee County after graduation

• Veterinary students will graduate with additionalexpertise and skillsin equine surgery, reproduction, performance and rehabilitation


Conditions Inputs Activities Outputs Outcomes• Solid client base• Reputation for

quality services• Horse industry in

Florida

Expand Veterinary Students Learning Experiences

participating in an Undergraduate Veterinary Experience and High School Shadowing Program

• Increase the number of youthattending the Spring Break Equine Veterinary Camps

• Increased revenue for Steele Equine

EvaluationCollect Data - Analyze and Interpret-

Report

Steele Equine E xpansion Project involves four new and/or renovated departments t hat will combine with the current Reproductive Facility (See Exhibit 5). Each department is designed to provide the highest quality treatment,while also complementing the other departments to provide seamless, professional, and unsurpassed equine services.

Exhibit 5:Steele Equine Expansion Project Model

IncreasedI LearningI Experiences

L

Ir----7

J

Hardee County Economic

Development

Main Office and Bunkhouse

Steele Equine has devised a series of activities to move the Steele Equine Expansion Project towards its goals. These activities are detailed below and are organized according to the model depicted in Exhibit 5 above.

Construct Steel Building Framework:The Steele Equine Expansion project involves an 11,450 square foot expansion of the current reproductive barn. This steel structure will house the Performance Horse Department, Surgical Center,Rehabilitat ion Facility as well as the bunkhouse, remodeled main office and handicapped accessible restroom.


Reproductive Facility: The Reproductive Facility will continue to provide unprecedented reproductive service. However,the addition of the Surgery Center will allow for the capability of performing cesarean section emergency surgery, when needed. This capability will ensure that Steele Equine provides the highest standards of equine reproductive care and be able to respond efficiently and effectively in emergencies.

Performance Horse Department: The Performance Horse Department will target advanced lameness and performance diagnosis. Utilizing digital radiology, digital ultrasound, endoscopy, Platelet Rich Plasma, and fluoroscopy, Steele Equine will provide cutting-edge technologies and treatment.

Initially, a thorough lameness evaluation must be conducted that includes a conformation analysis, passive musculoskeletal examination, physical exam, and an active evaluation with flexion tests. During the active exam, the horse is walked and jogged on various surfaces going both straight and at a turn. After determining which areas of the body are painful, the horse is lead to the diagnostic area of the workspace where Dr. Liz Steele and her expert staff will image the area of interests with technology-advanced imaging systems including digital radiography (i.e., X-ray), fluoroscopy (i.e., real time x-ray). and digital ultrasonography, which are all currently owned and being utilized. After a diagnosis is made, an individualized treatment plan is developed. Effective treatments include intra articular injections, intralesional injections, stall rest, standing surgeries, hospitalization, and IV treatment. The new facility will move the current traditional treatments to innovative treatments that require a controlled environment such as surgical, rehabilitation therapy, and isolation treatment for horseswith contagious diseases.

Surgical Center: The Steele Equine Expansion Project will renovate the current facility to build and equip a 1,680 square foot equine Surgical Center with equipment and technologies that will allow Steele Equine to perform surgical treatments such as wound repair, hernia repair, cryptorchidectomy (i.e., removal of a retained testicle), colic surgery, abdominal exploratory, throat surgery, arthroscopy, fracture repair, sequestrum removal, as wellas ligament and tendon surgery.

The Surgery Center will include two surgery rooms. Specifically, a general surgery room and a strict sterile bone and joint surgery room, which must be maintained at a cooler temperature to inhibit bacterial growth. In addition, the air-conditioned Surgical Center will contain a sterile prep room and large sliding doors for maneuvering a 4 x 7 foot electric surgery table. The facility will be equipped with advanced and necessary equipment and technologies. Specifically, the Surgical Center will have:

• Two recovery rooms with padded walls complete with a stall mattress system for comfort and sanitation,• Non-slip flooring,• Adjustable lighting for minimal stimulation,• Oxygen line access for smooth recovery,• Large front doors to place the horse in the stall while under anesthesia,• A small back door to walk the horse out once recovered,• A small access door for Veterinarian or assistant to enter and exit, and• An equine weight scale to obtain a weight for accurate dosing for treatment, medication, anesthesia, and

monitoring hospitalized patients.

The recovery rooms will also be equipped with a pulley system to allow for safe assistance to the horse for standing while outside the stall.


Rehabilitation Center: The Steele Equine Expansion Project will construct and equip a 5,670 square foot equine Rehabilitation Center. With its new comprehensive Rehabilitation Center, Steele Equine will be able to develop specialized, comprehensive treatment programs, specific to each horse's individual needs. Using a combination of therapies such as an water walker equine exercise pool, high speed treadmill, horizontal vibrating plates, and free flow horse walker, Steele Equine will be able to provide systematic and controlled exercises to facilitate optimal ligament and tendon repair as well as strength and performance training. Although the initial costs for the development of the Rehabilitation Center is significant, it will be the centerpiece of the property and will set Steele Equine apart from all other equine facilities in central Florida, thus, attract horse advocates for miles.

Essential rehabilitation equipment that will be purchased, installed, and utilized includes:

Water Walker:The centerpiece of the rehabilitation will be an equine water walker, which is an in-ground water treading pool that is unparalleled for strengthening horses quickly and safely. The benefits of a water walker include:• Reduces Risk- A controlled, safe environment reduces the risk of injury to the horse. A 30-minute

session of buoyant training in a water walker can be as effective as 1hour of exercise at a much faster pace on land.

• Rapid Recovery- Buoyancy from walking in water enables the rehabilitation of a horse to be several times quicker and more beneficial than having to be ridden slowly.

• Increased Performance- Water walkers improve a horse's stamina, circulation, flexibility, and muscle strength in a shorter period. Resulting in increased performance.

Equine High Speed Treadmill:Another essential aspect of the Rehabilitation Department will be an equine treadmill, which is critical for strengthening horses quickly and safely. Specifically, Steele Equine will recondition a treadmill that was previously a hallmark at the University of Florida's College of Veterinary Medicine. Equine treadmills are designed to aid in the therapeutic healing, strengthening, conditioning, and training of all types of horses. Western performance horses are required to sprint during their sport. Dr. Liz Steele's extensive experience with this exact treadmill will allow her to safely and proficiently incorporate sprint training with the equine athlete patients. Mimicking the action used during a sport has proven to be the most efficient way to train for a specific sport. The addition of a high-speed treadmill will fill this training void in the western sport horse.

Free Flow Horse Walker:The Rehabilitation Center will include a free flow horse walker with rubber mulch flooring. A free flow horse walker is an essential therapeutic tool for rehabilitating horses suffering from injury or strengthening from surgery. The free flow horse walker allows free untethered movement during a therapy session allowing the horses to move at a pace freely within and throughout a workout. The incorporation of the free flow horse walker will be an integral part of the Rehabilitation Center's goal to effectively and efficiently build horses' endurance, as well as facilitate conditioning and rehabilitation.

Horizontal Vibrating Plates: The Rehabilitation Center will include a TheraPlate (i.e., horizontal vibrating plates). The TheraPlate increases a horse's performance by utilizing a proprietary four-zone Vortex Wave Circulation technology to provide treatment and prevention of injuries and chronic conditions. Using the Thera Plate, horses simply stand on the machine for 10 to 15 minutes as the motors provide a concentrated stimulation to the whole body, increasing circulation, bone density, and muscle mass. The TheraPlate is effective in the treatment of navicular, laminitis, back pain, wind puffs as well as muscle stiffness. With the use of vibrating plates, muscles are incited more efficiently (Carmie et, al., 2006). Therefore, muscles can be used quickly and efficiently, rendering them capable of producing more force than without intervention.


Used daily, the TheraPlate improves joint health, decreases concussive impact, and increases whole-body relaxation.

The construction of the Rehabilitation Center will also include five oversized stalls as well as waiting areas. The waiting areas will have ample space and will be designed for ultimate safety and comfort including tie poles, sand/mat flooring, and a horse washing area.

Once installed, Steele Equine will be in a prime position to add a "Fit Horse" package to the services available. Specifically, performance horses will get the opportunity to have access to the state of the art facility prior to and after a competition. This will allow the horse to relax and recover after a competitionand be in prime condition going into the next event. The individually designed "Fit Horse" package will begin with the Veterinarian briefly examining the horse. Subsequently, a personalized fitness package will be designed and the number of days for the stay agreed upon. To encourage optimal performance andwellness, the package will include personalized daily exercise on either the water walker or free flow horse walker, followed by sprinting on the high-speed treadmill or a session on the horizontal vibrating plates. To complete the package, an Equine Chiropractor, Equine Dentist, and Certif1ed Journeyman Farrier are on-site, as needed. The "Fit Horse" package will bring a new source of clients to Steele Equine as well as additional revenue to the facility and Hardee County.

Training Experiences: A central part of Steele Equines Expansion Project is the continued and expanded learning experiences. With the newly renovated and constructed facilities, the learning opportunities will be exponentially increased by providing hands-on learning opportunities. These learning experiences include:

Veterinary Student Externship (For Credit): An advanced, intensive, 2-week rotation required for advanced Veterinary students. Students come from across the country to experience first-hand the art and science of excellent equine Veterinary medicine including diagnosing, treatment, and preventative medicine. In addition, the externship focuses on developing problem-solving ability; learning how to effectively communicate with colleagues, clients, and community members; and the economic aspects of a thriving rural business.

Practice-Based Equine Clerkship: A hands-on learning opportunity for students enrolled in the Department of Large Animal Clinical Sciences at the University of Florida. This provides students with an on-farm primary care experience with horses including physical examination, diagnosis,treatment, herd health, routine surgery, and practice management. Specifics activities that the students will engage in include clinical examination (physical exam and history taking), restraint, diagnosis, administration of medications,regulatory medicine, anesthesia techniques, reproductive management, vaccination programs, parasite control, dispensing medicine, writing bills, practice management, laceration repair, bandaging, Veterinary ethics, client communications, elective surgery, and emergency procedures.

Undergraduate Veterinary Experience: An engaging experience to confirm students' interest in pursuing the field of Veterinary medicine and acquire volunteer hours for college/program application. These studentswill be introduced to skills such as history taking, record keeping, blood draws, and observations ofprocedures.

High School Student Shadowing: An opportunity to gain experience and explore the field of Veterinary medicine through the observation of procedures performed by the on-site Veterinarian. These students will spend 80- 150 hours during this learning experience.


Spring Break Equine Veterinary Camp/Advanced Veterinary Summer Camp: A 3-day interactive introduction to veterinary medicine experience for youth (ages 10 -15). From early morning until night, participants will engage in horse care activities and tasks as well as horsemanship skills. Campers will:

• Shadow Dr. Liz Steele as she evaluates sick or injured horses, solves the mystery of a lameness, artificially inseminates mares, and possibly delivers a foal.

• Learn the anatomy of a horse, health management (start developing an "eye" for abnormal vs. normal) and the miracle of "making a foal".

• Observe demonstrations and be able to practice bandaging a leg, foal imprinting, equine dentistry, and equine chiropractic medicine.

Participants will be invited and recruited locally and from across Florida. In addition, 3-day AdvancedVeterinary Summer Camps will be available for those youth who have attended previous camps.

All learning activities will be under the direct leadership and supervision of Dr. Liz Steele.

Steele Equine Bunkhouse: To make the learning experiences as seamless, feasible, and economical as possible,The Steele Equine Expansion Project will construct a simple, 1,600 square foot Bunkhouse to provide sleeping accommodations for the students engaged in the Veterinary learning experiences and youth camps. The Bunkhouse cabin will consist of a bunkroom that will accommodate 8 participants, a private bedroom, 2 ADA accessible bathrooms, a kitchen and dining area, and an observation balcony. The dining area will also serve as a conference and meeting area.

Main Office with Handicap Accessible Parking and Restrooms: The Steele Equine Expansion Project will renovate and remodel the current reception area. The expanded Main Office (350 square feet) will include a reception/waiting area, Veterinarian offices, handicapped accessible rest rooms, and storage. The goal of the Main Office is to provide an inviting and comfortable atmosphere for scheduling appointments, arriving for appointment, waiting for a service/treatment/procedure, and conferencing with the Veterinarian and/or Veterinary staff. In addition, the creation of a horse waiting area wHI add to the safety and client-friendly atmosphere of the facility.

Employment: Even though Steele Equine is located on the eastern edge of Hardee County, their records regarding employment clearly depicts a tendency towards hiring and retaining Hardee county residents (see Exhibit 6).

Exhibit 6: Employees of Steele Equine (Number of Years and County of Residence)

Position Number of Years Employed Comments Founder, Co-Owner, and Director 10 Years Lived in Hardee County 10 years.

Property owner 9 years.Dedicated to the economicdevelopment of the county

Co-Owner 8 Years Uved in Hardee County 7 years.Property owner 7 years.

Dedicated to the economic development of the county

Business Manager 7 Years Born and raised in HighlandsCounty. Recently (April 2016)


Office Administrator/ AssistantTechnician

moved to Wauchula (Hardee County) to be closer to Steele Equine- Plans to remain a resident of Hardee County.

2 Years Born and raised in Hardee County.Recent homeowner in HardeeCounty.

Veterinarian < 1Month Her and her husband bought a home 5 months ago in Hardee County to be able to be close to Steele Equine- She relocated from Aiken, SC and her husband James relocated from Bradenton, FL.

Veterinarian 14 Months Currently renting HighlandsCounty. Looking for property inHardee County.

Veterinary Technician < 1Year- Will become a full-time employee with the proposed expansion

Long time and current resident ofHardee County.

Veterinary Technician < 2 Years Currently lives in HighlandsCounty.

Office Clerk 6 Months Currently lives in HighlandsCounty.

In addition to the above position, with the proposed expansion, Steele Equine will hire the following positions:1. Rehabilitation/Fit Horse Center Manager2. Grounds Maintenance3. Equine Caretaker

Vl>z

Project TimelineTo ensure that the goals of the project will be met within established timelines, a detailed timeline of critical activities is detailed below (See Exhibit 7).

Exhibit 7: Detailed Activities with TimelineYear 1 Year2 Year3

2017 - Q 3

2017- Q4

2018 - Q2 2018 - Q3 2018 - Q4 2019- Q1 2019 - Q2 2019 - Q3

Activityti 00

..;cu0

...<"t ccu

Construct Handicap AccessibleRestroomMarketing to new and existing clients

Key: - = Start Date c:::::J = In Progress - = Completion Date


Project Management and OversightSteele Equine has thoughtfully developed a governance structure for the Steele Equine Expansion Project. This group of professionals will provide an array of resources, skills, and expertise to implement and manage the project and ensure that the project is successful, fiscally viable and sustainable, and meets the established goals (see Exhibit 8).

The roles and responsibilities of the team includes the following:• Project Governance• Budget and Fiscal Oversight and Decision-Making• Project Implementation and Programming• Project Evaluation and Reporting• Marketing, Recruitment, and Retention

Exhibit 8: Expertise and Project Contribution to Project's Management and Oversight

Dr. Liz Yelvington SteeleEducation DVM, Veterinary Medicine, University of Florida

Completion of a 260 hour Veterinary Chiropractic ProgramSkills • Business Administration and Leadership

• Large Animal Veterinary Medicine with Expertise in Equine Reproduction,Horse Performance, Rehabilitation, Surgery, and Chiropractic Services

• Supervision• Fiscal Management and Responsibility

• Professional Development and TeachingQualificationHighlights

Dr. Liz Yelvington Steele has over 10 years experience and expertise as a business leader and Veterinarian (specializing in equine wellness, injury, illnesses, performance, and treatment). Dr. Steele is the co-owner and Director of Steele Equine and is responsible for the executive management and supervision of all aspects of the practice including business design, fiscal management, all Veterinary services, human resources, and the learning experience's supervision and instruction.

ProjectContribution

As the co-owner of Steele Equine, Dr. Steele is dedicated to the success of the Steele Equine Expansion Project. With her vision, leadership, expertise, and unwavering commitment to Hardee County, she will ensure the successful attainment of the goals of this project by building a comprehensive, cutting-edge performance horse department, surgical center, and rehabilitation facility, aswell as engaging in highly specialized and effective treatment and therapy practices. She will recruit and hire skilled professionals, as well as be responsible for all student learning activities including recruiting, teaching, and supervising students participating in the learning experiences. In addition, she will actively and strategically develop a marketing plan to recruit and retain clients from across Hardee County and the state of Florida.

Terry Jay "TJ" Steele, CJF CEqDTEducation • American Farrier Association Certified Farrier

• American Farriers Association Certified Journeyman Farrier

• Certified Equine Dental Technician

• Corporals course leadership training, United States Marine Corp.Steele Equine Expansion Project - Page 27 of 58

Skills • Leadership and Supervision

• Fiscal Management• Expertise in Equine Dentistry and Farrier Services including receiving

significant honors in Farrier competitionsQualificationHighlights

• TJ Steele has over 5 years experience as a certified equine dental technician,9 years experience as a Farrier, and over 1year as a certified journeymanfarrier, which is the highest level of Farrier certification in the United States. TJ Steele is the Co-owner Steele Equine and the Director of Steele Equine's Dentistry and Farrier Departments. He is responsible for the executive management and supervision of all aspects of the maintenance, grounds, and large equipment. Prior to opening Steele Equine Veterinary Services with Dr. Liz Steele, he successfully worked independently as a certifiedfarrier and journeyman farrier (i.e., Lucky S Equine and Steele Equine, Inc.).He was also the coordinator of the Blacksmith Buddies through the University of Florida. TJ Steele has strong business management and leadership skills. TJ earned the rank of E-5 Sargent in less than 5 years and earned multiple Marine Corp Leadership Awards.

ProjectContribution

As a Co-owner of Steele Equine, TJ Steele is committed to the long-term fiscal success of Steele Equine. He will be responsible for all aspects of the Dentistry, Farrier, and Grounds/Maintenance aspects of Steele Equine Expansion Project as well as supervision of the Farrier Apprentice Program.

Dr. Mark PhillipsEducation DVM, Ohio State UniversitySkills • Advanced Equine Surgical Skills

• Lameness Diagnosis and Treatment

• Medications and Treatment Research

• Equine Digestive Systems

• Coaching and Mentoring

• Business ManagementQualificationHighlights

Dr. Mark Phillips is a highly respected equine Veterinarian in South Florida and holds several patents (pending) on new cutting-edge equine medications and treatments. Due to his expertise and reputation, he was unanimously elected to the Florida Harness Racing Hall of Fame in 2009, only the second Veterinarian to be so honored. He has over 30 years of successful business management and Veterinary experience.

ProjectContribution

In addition to serving on the Project Management Team, Dr. Mark Phillips is committed to ensuring the success of the Steele Equine Expansion Project. He will provide consultation and coaching to Dr. Steele and her staff, 8 hours every4 weeks, on advanced surgical and lameness diagnosis to ensure optimum equine diagnosis, treatment, and rehabilitation.

Dana Stoltz Gray, Ph.D.Education Ph.D., Education Psychology, University of OregonSkills • Leadership

• Strategic Planning,

• Program/Grant Design, Implementation, and Evaluation

• Budgeting


• MarketingQualificationHighlights

Dr. Dana Stoltz Gray has is recognized for her expertise in designing, implementing, and evaluating small- and large-scale projects with an emphasis on building capacity and sustainability. Dr. Gray has over 20 years of experience in leadership, school psychology, effective educational practices, professional development, student learning opportunities, and local strategic planning.

ProjectContribution

In addition to serving on the Project Management Team, Dr. Gray is committed to developing and facilitating the evaluation and reporting aspect of the project, which will document the project's success, attainment of its goals, and identify lessons learned. She will work with Dr. Steele on marketing, website oversight, and developing training evaluations. In addition, she will provide technical assistance and support on the project's implementation and administration, asneeded.


_. zr ... 1,

c\ --......

Steere 'Equine

Tab 3:Project Permits and Zoning


Steele Equine will apply for the following major permits, comprehensive plan amendments, zoning changes, and other activities necessary for the execution of the Steele Equine Expansion Project (see Exhibit 9).

Exhibit 9: List of all Major Permits, Comprehensive Plan Amendments, Zoning Changes, and Other Activities With Timeline

Activity TimelineMinor Zoning Permit 60- 90 Days

Southwest Florida Water Management District 90 Days(SWFD)- Water Use Permit

Building Permit 2-3 Weeks

Septic Permit 2-3 Weeks

Zoning and Land Use Information Sheet is available upon request.

--=----1,c\Stee[e P,qut·n'"e'

Tab 4:Evaluation


Dr. Liz Steele and her Veterinary team will engage in Continuous Quality Improvement (or CQI) for exceeding customer expectations. The systematic implementation of a CQI system will ensure the success of Steele Equine by continuously monitoring customer needs and business challenges. CQI is a cyclical approach of reviewing processes and continually improving them by reviewing objective data, determine actions based on the data, implementing the change, monitoring progress, assessing the effectiveness of the actions, and modifying the action (if needed).

In addition, Steele Equine will conduct regularly scheduled meetings to review and evaluate the process and evaluation outcomes of the project. Results will be summarized and reported quarterly (or as requested), as well as a final project report will be compiled and disseminated. Specific outcome data by objective are detailed in Exhibit 10.

Exhibit 10: Evaluation Methods and Measures by Objective

Objective Measure MethodObjective 1:To renovate the • Completion of the renovation • Building Inspector's Certificates current facility to include a new and construction of the Surgical of OccupancySurgical Center, Rehabilitation Center, Rehabilitation Center, Center, Performance Horse Bunkhouse, Performance Horse Department, bunkhouse, handicap Department, restroom, and accessible restroom, and main main officeoffice by January 30, 2018.Objective 2: To increase the • Number of Performance Horse • Patient Recordsnumber of Performance Horse and and Lameness Evaluations • Service Summary ReportLameness Evaluations provided provided annually annually from 266 to 390evaluations by January 30, 2020 (47% increase).

Objective 3: To increase the • Number of Surgical Services • Patient Recordsnumber of Surgical Services provided annually • Service Summary Reportprovided annually from 0 to 80 surgeries (8000% increase) by January 30, 2020.Objective 4: To increase the • Number of Rehabilitation and • Patient Recordsnumber of Rehabilitation and Fit Fit Horse Sessions provided • Service Summary ReportHorse Sessions provided annually annually from 0 to 1,680 sessions (16800%increase) by January 30, 2020.Objective 5: To increase the • Number of Diagnostic • Patient Recordsnumber of Diagnostic Procedures Procedures provided annually • Service Summary Reportprovided annually from 739 to1,478 (100% increase) by January30,2020.Objective 6: To increase the • Number of clients • Patient Recordsnumber of equine clients served • Number of visits per client • Service Summary Reportfrom 1,451to 2,902 (100%increase) by January 30, 2020.


Objective 7: To increase the number of Veterinary students participating in a Veterinary Externship (an advanced, onsite 2- week rotation) and University of Florida's Practice-Based Equine Clerkship from an average of 7 students a yearto 11 students per year by January 30, 2020 (57% increase).

• Number of students participating in VeterinaryExternship and Practice-BasedEquine Clerkship

• Student Evaluation• Training Evaluations

Objective 8: To increase the number of students participating in an Undergraduate Veterinary Experience and the High SchoolStudent Shadowing Program from8 students a year to 16 students per year by January 30, 2020 (100% increase).

• Number of studentsparticipating in UndergraduateVeterinary Experience and the High School Student Shadowing Program

• Student Evaluation• Training Evaluations

Objective 9 To increase the number of youth attending the Spring Break/Summer Equine Veterinary Camps from 18 to 30 children by January 30, 2020 (67% increase).

• Number of youth attending the Spring Break/Summer Equine Veterinary Camps

• Camper/Parent Evaluations• Camper Registrations

Objective Measure Method

=..._I,c\

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Stee{e P,quine

Tab 5:Financial Plan with Matching Funds

& Budget Narrative


Financial Plan Steel Equine is requesting $555,141from the Hardee County EDA for the Steele Equine Expansion Project. A line of credit has been secured that will be reimbursed through the successful execution of the proposed project and in accordance to EDA grant guidelines.

Matching contributions are not required for this project. However, it is the goal of Steele Equine to clearly demonstrate to Hardee County EDA of their commitment to ensuring the project's success of being a thriving Hardee County business that directly impacts economic development. Although funding an EDA project on privately owned property may be a risk,Steele Equine is the ideal business unit to pilot this innovative, unprecedented economic development model. Thus, Steele Equine has secured an additional loan that will contribute an estimated 43% (i.e., $418,791) in matching funds to support the success of the project. See Tab #6 for a detailed budget of EDA grant funds and corresponding Steele Equine matching funds.

Budget Narrative

The funding for the Steele Equine Expansion Project will be used to fund 57% of the following and SteeleEquine will use matching funds for the other 43%:

A. Specialty Equipment1. Surgery Table (Shanks Dorsal/Lateral Scissors Base Equine Table)= $21,000. These funds will be used to

purchase a 4' x 7' custom surgical table.2. Electronic Exerciser System= $14,745. These funds will be used to restore Steele Equine's existing

equipment, including adding a porous base under the synthetic flooring to allow for the drainage of rainwater and urine, synthetic flooring, miscellaneous missing parts, wood to build round pen, and labor.

3. Water Walker= $131,611. These funds will be used for the sturdy design and supervision of construction of the water walker to ensure high safety standards as well as structural engineering, machinery,rotating gates, control panels, and a water filtration system.

4. Equine High-Speed Treadmill= $20,000. This includes purchasing the treadmill from University ofFlorida.

5. Equine Weight Scale= $4,525.00. The scale is needed to obtain an accurate weight for dosing of medication, anesthesia, and monitoring hospitalized patient's weight.

6. Vibrating Circulation Plate (Thera Plate Revolution)= $5,100. 7' x 3' Permanent Installation includeslifetime warranty on frame and 5-year maintenance and warranty on motor.

B. Construction/Expansion/Installation1. General Conditions= $39,950 Includes Start-Up and Mobilization, Dumpster Rental and Trash Removal,

Site Engineering and Permits, Blueprints, Safety Equipment, Surveys and Permits, Temporary Bathrooms, Print Reproductions, Specialty Inspections and Test, and Insurance and Warranty.

2. Project Supervision= $19,500 Includes Project Manager and Support Staff.3. Site Work= $39,000. Includes Concrete Demolition, Earthwork- Building Pad,Paddocks/Fencing/Dirt,

Earthwork- Excavation and Backfill, Landscape and Sod, Irrigation, and Underground Utilities (water/sewer/electric/gas/storm drainage).

4. Concrete Work= $116,800. Includes Building Foundation: Labor & Material, Block: Labor, Concrete forWater Walker, Driveway, and Pavers and Bricks.

5. Masonry= $13,3541ncludes Masonry: Block Material and Decorative Stone and Brick.6. Metals= $130,00 Includes Structural Steel and Erection and Ornamental.7. Woods, Plastics, and Carpentry= $17,500. Includes Screen Enclosures and Mezzanine.


8. Thermal and Moisture Protection= $9,300. Includes Install Roof Metal Ceiling and Block Insulation.9. Doors and Windows= $20,640. Windows and Fixed Glass, Special Doors: Operating Room,

Shipping, Install and Bolts, Exterior Door, and Labor to Install Doors and Trim.10. Finishes= $187,115. Includes Drywall/Ceilings, Painting (Interior and Exterior) Floors, Walls, Ceiling:

Epoxy, Stain Wood: Rebar Doors, Cabinets and Finish Hardware: Base and Uppers, Shelving and Closet Organizers, Padded Walls: Recovery. Stall Fronts, Install Staff Fronts, Interior Office Build Out (and cabinets in surgery), Window Sills, Stair Treads, Woodwork trim over Stall Walls, Steel Rebar in Stalls, Wash Racks, Electric Winch (Surgery), Fence 100'/lnside Fence, and Bunkhouse.

11. Electrical= $41,300. Includes Electrical, Electrical Fixtures and Site Lighting, Low Voltage:Internet andPhone, and Treadmill Installation and Renovation.

12. Plumbing= $13,000. Includes Plumbing and Septic System, if needed.13. Overhead = $129,492

E. Total Project Budget= $973,932Steele Equine is requesting $555,141 for an 11,450 square foot expansion and renovation of the existing reproductive barn and facility to include a Performance Horse Department, Surgical Center, and Rehabilitation Facility as well as renovating a Main Office and constructing a Bunkhouse and handicap accessible restroom.

• $555,141from Hardee County EDA (57%)• $418,791from Steele Equine Matching Funds (43%)

c\ ----- 1,;

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Stee{e P.quine

Tab 6:Project Operating Budget


Exhibit 11: Steele Equine Expansion Project Operating Budget(Budget: $555,141Requested by EDA and $418,791 Matching Funds by Steele Equine- Total: $973,932)

TotalDescription Expenditures

. Generl Conditions $39,950.00 :Start-Up and Mobilization $4,500.00Dumpster Rental/ Trash Removal $2,100.00Site Engineering & Permits $11,000.00Blueprints $11,000.00Safety Equipment $400.00Permits (County) $5,500.00Temporary Bathrooms $750.00Print Reproductions $300.00Specialty Inspections I Test $1,000.00Insurance/Warranty $3,400.00Su'pervision $19,500.00 .Project Manager $15,000.00Support Staff $4,500.00Site Work •

$39,000.00 •Concrete Demo $3,000.00Earthwork- Building Pad (If Applicable) $4,000.00Paddocks/Fendng/Dirt $15,000.00Earthwork- Excavation I Backfill $9,000.00Landscape/Sod $2,000.00Irrigation $3,000.00Underground Utilities (water/sewer/electric/gas/storm drainage) $3,000.00Concrete Work $116,800,00Building Foundation -labor & Material $47,200.00Block- Labor $18,000.00Concrete Water Walker $35,000.00Driveway $3,000.00Pavers I Bricks $13,600.00Masonry . $13,354.00Masonry- Block Material $10,354.00Decorative Stone I Brick $3,000.00Metals- $130,000.00 •Structural Steel & Erection I Ornamental $130,000.00Wood, Plastics and Carpentry $17,500.00 .Screen Enclosures $14,000.00Mezzanine $3,500.00Thermal & Moisture Protection $9,300.00Install Roof Metal Ceiling $4,500.00Block Insulation $4,800.00

Doors & Windows $20,640.00 'Windows & Fixed Glass $3,000.00Special Doors- Operating Room $6,590.00Shipping $2,000.00Install & Bolts $3,500.00Exterior Door $1,750.00labor to Install Doors and Trim $3,800.00

• Finishes ·.· .· $187,115.00 .Drywall/ Ceilings $3,115.00Painting (Interior & Exterior) Floors, Walls, Ceiling- Epoxy $13,785.00Stain Wood- Rebar Doors $15,000.00Cabinets I Finish Hardware- Base & Uppers $12,900.00Padded Walls- Recovery $10,555.00Stall Fronts $19,910.00Install Staff Fronts $2,800.00Interior Office Build Out $9,000.00Window Sills $450.00Stair Treads $2,300.00Architectural Woodwork (Trim) Over Stall Walls $2,000.00Steel Rebar in Stalls $3,000.00Wash Racks $4,800.00Electric Winch (Surgery) $9,000.00Fence 100'/lnside Safety Fence $3,500.00Bunkhouse $75,000.00Electrical $41,300.00 •

Electrical $17,000.00Electrical Fixtures I Site Lighting $2,300.00Low Voltage- Internet I Phone $2,000.00Treadmill Installation and Renovation $20,000.00Plumbing $13,000.00Plumbing $4,000.00Septic System- If applicable $9,000.00CONSTRUCTION SUBTOTAL . $647,459.00Overhead and Profit $129,491.80Specialty Equipment $196,981.00Surgery Table $21,000.00Electronic Exerciser $14,745.00Water Walker $131,611.00Treadmill $20,000.00Scale $4,525.00Theraplate $5,100.00

TOTAL PROJECT COSTS $973,931.80


m -I'c\Steere P.quin'"'e

Tab 7:Current and Anticipated Financials


Exhibit 12: Current and Projected Financials

2018 2019 2020(Projection - 1st (Projection- 2nd (Projection - 3rd

2016 2017 Year Post Year Post Year Post2015 (Projection) (Projection) Construction)

Revenue --_I - -

Construction) Construction)

Performance 305,392.12 335,931.32 340,000.00 369,524.45 406,476.90 447,124.59Horse/ReproductionServicesSurgery Services 96,000.00 115,200.00 138,240.00Rehabilitation/Fit Horse 129,360.00 194,040.00 291,060.00ServicesFarrier/Dental Services 95,107.87 106,891.06 107,000.00 109,028.88 111,209.46 113,433.65Other Associates Revenue 112,161.31 187,791.66 275,000.00 384,686.21 459,223.45 527,945.80Spring Break Camps 1,750.00 4,500.00 5,500.00 7,500.00 7,500.00 7,500.00Total Revenue 514,411.30 635,114.04 n7,5oo.oo 1,096,099.54 1,293,649.81 1,525,304.04

ExpensesPersonnel ExpensesSenior Veterinarian/ Co-Owner: Salary

20,000 60,000 70,000

Senior Veterinarian/ Co-Owner: Benefits

3,788 15,368 18,406

Equine Dental Technician/FarrierI Co-Owner: Salary

20,000 35,000 37,500

Equine Dental Technician/FarrierI Co-Owner: Benefits

3,788 7,747 8,598


Junior Associate Veterinarian: Commission (35% of Gross Revenue Generated)

12,284 33,642 43,750 60,440 72,528 79,781

Junior AssociateVeterinarian: Benefits

2,157 4,315 4,315 4,315 4,315 4,315

Junior Associate Veterinarian: Commission (35% of Gross Revenue Generated)*Prorated for 6 months in 2016

21,000 52,500 70,000 84,000 100,800

Junior AssociateVeterinarian: Benefits*Prorated for 6 months in 2016

7,398 18,068 23,293 27,567 34,336

Business Manager: Salary 35,360 37,440 39,520 41,600 43,680 45,760Business Manager:Benefits

8,738 9,368 9,999 10,629 11,259 11,889

VeterinaryTechnician/OfficeAssistant: Salary

24,960 29,120 31,200 33,280 35,360 37,440

VeterinaryTechnician/OfficeAssistant: Benefits

5,587 6,847 7,478 8,108 8,738 9,368

Veterinary Technician:Salary

29,120 30,160 31,200 33,280 35,360 37,440

Veterinary Technician:Benefits

6,847 7,162 7,478 8,108 8,738 9,368

Veterinary Technician: Salary*Part-time, prorated for 7 months in 2016. Expected to go full-time once project if funded.

13,180 27,040 29,120 31,200 33,280

Veterinary Technician:Benefits

3,063 5,333 5,807 6,282 6,756


omotion

6,100 2,500 2,500 2,500 2,500 2,5004,357 1,500 5,000 4,500 4,000 3,500

Auto Insurance- Owners 2,140 2,584 2,500 2,500 2,500 2,500

*Part-time, prorated for 7months in 2016. Expected to go

full-tim e onc e projec t i f funded.

Office Clerk: Salary 12,480 20,280 21,840 23,400*0.75 FTE - 2016 Prorated for 6

months

24,960

Office Clerk: Benefits 2,949 4,299 4,694 5,088 5,483*0.75 FTE -2016 Prorated for 6months

Rehabilitation/Fit Horse 39,520 41,600 43,680Manager: SalaryRehabilitation/Fit Horse 9,791 12,033 12,871Manager: BenefitsEquine Caretaker: Salary 22,880 24,960 24,960Equine Caretaker: 4,957 6,783 6,783BenefitsGrounds Maintenance: 22,880 22,880 22,880SalaryGrounds Maintenance: 4,957 6,465 6,465BenefitsOther Associates: 22,173 2,183 1,800 1,800 1,800 1,800Commission*2015 is a Veterinarian nolonger employed. 2016- 2012Minimal work by non-equine Veterinar"1an(s) associated with sister practice.

Consultants 3,150 2,500 3,500 18,000 18,000 18,000Apprentices (Farrier) 10,888 6,000 6,000 6,000 6,000 6,000Personnel Total 161,265 228,808 313,758 532,873 656,151 718,919

Operational Expenses Accounting Advertising & Pr


Bank Service Charges 112 150 150 150 150 150Building Insurance 2,800 2,447 2,500 5,000 5,000 5,000Business License andPermits

1,200 2,000 3,000 3,000 3,000

Clinic Supplies 5,766 4,000 4,500 6,000 6,000 6,000Continuing Education 4,138 12,000 8,000 8,000 12,000 12,000Credit Card ProcessingFees

3,027 3,000 3,200 4,000 5,000 6,000

Dental and Farrier Tools 2,212 2,000 2,000 2,000 2,000 2,000Drugs and Supplies 100,917 125,351 130,000 180,000 190,000 200,000Dues and Subscriptions 2,131 2,000 2,000 2,000 2,000 2,000Electric 4,584 4,800 4,800 9,000 9,000 9,000Equipment Insurance*Now grouped with LiabilityInsurance

1,883

Equipment Purchases*$10,000 for Surgery Center Equipment- 2017 (e.g., anesthesia machine and monitor, autoclave, ridged arthroscopy, etc.)*$11,000/per year for Non- urgent equipment (e.g., water treatment system, automatic front gate, washer/dryer, and security cameras, icemaker,etc.)- 2018/2019

27,000 20,000 20,000 20,000 20,000

Feed and Hay 8,677 8,750 9,000 16,000 16,000 20,000Federal UnemploymentTax

643 1,630 1,600 1,600 1,800 2,000

Garbage 728 728 728 900 900 900Health Insurance andWorkers Compensation

9,003 10,000 10,000 13,000 13,000 15,000

Internet 1,876 1,876 1,876 1,876 1,876 1,876Kubota Tractor 5,400 5,400 5,400 5,400 5,400 5,400


Laboratory Fees 14,087 16,808 17,000 18,000 18,000 18,000Liability Insurance (including Equipment Insurance)

2,937 2,641 2,641 4,500 4,500 4,500

Min ray- Xray Machine 4,795 8,000 0 0 0 0Mortgage: Payment based on current mortgage ($180,000) and additional mortgage with expansion (approx. $400,000)

21,080 20,940 20,940 55,680 55,680 55,680

Office Supplies 10,248 5,461 5,400 7,000 7,000 8,000Polaris 5,003 5,003 2,500 0 0 0Postage and Shipping 3,085 4,115 4,100 5,000 5,000 5,000Property Tax 1,000 1,000 1,500 3,000 3,000 3,000Quatro- Digital X-rayProcessor

11,648 11,648 11,648 11,648 11,648 11,648

Repairs/Improvements 10,474 8,855 5,000 5,000 9,000 9,000Sales Tax 1,527 1,600 1,600 1,600 1,800 2,000Sonosite- UltrasoundMachine

7,138 7,138 7,138 7,138 0 0

Spring Break/Summer VetCamp

2,176 3,500 4,000 5,000 5,000 5,000

Student Housing Expense*$8,000 for initial Bunkhouse set-up (e.g., mattresses, sheets, towels, pots/pans, etc.)- 2018

2,506 2,500 2,500 8,000 3,000 3,000

Telephones/CellularPhones

3,500 4,000 4,000 5,000 5,000 5,000

Travel and Conventions 6,941 4,316 6,000 7,500 7,500 7,500Uniforms/Special Clothing 2,632 3,000 3,000 5,000 5,000 5,000Vehicles- Fuel 14,054 14,000 15,000 17,000 17,000 17,000Vehicles- Other ExpensesOwners

2,910 6,000 4,000 5,000 5,000 5,000


Vehicles- Payment (2Trucks) Owners

1,500 13,200 13,200 13,200 13,200 13,200

Operational Total 295,735 362,641 348,921 471,692 478,454 496,354Total Expenses 457,000 591,449 - - 662,679 - 1,004,565 : 1,134,605 1,215,274

Year End Balance 57,411 43,665 64,821 91,534 159,045 310,031* 2015 higher cost due to consolidating all business (e.g., Three Oaks Equine) and dissolving a LLC.

Note: At the current time, Dr. Liz Steele and TJ Steele are being compensated by Steele Equine with benefits including family medical insurance as well as eel/phones and vehicle usage. In order to bring additional income while Steele Equine is growing and expanding, Dr. Liz Steele also has a contact ($68,8512) with Ridge Large Animal Veterinary Services to provide supplemental bovine services. This strategic decision has allowed Steele Equine to have sufficient operating revenue to continue to grow as a young business and earn a reputation as a thriving and sustainable business unit. As depicted above, once the Steele Equine Expansion construction is completed,Dr. Liz Steele and TJ Steele will receive a salary from Steele Equine.

c\rFo - 1,;

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Stee{e P,quine

Tab 8: Resumes of Key Stakeholders

Liz Steele, DVMTJ Steele, CJF CEqDT

Mark Phillips, DVM Dana Stoltz Gray, PhD

Elizabeth Yelvington Steele, DVM7713 State Road 64 East

Zolfo Springs, Florida 33890 (863)441-0716

s tee leequ in e@ya hoo.com

I Objective ITo provide high quality, large anima l Veterinary services to the south and central Florida areas. To teach students practical skills to become leaders in Florida's agricu ltural industry.

I Education IMEDICAL DVM, University of Florida College of Veterinary

Medicine, Gainesville, FL, May, 2006

UNDERGRADUATE Bachelor of Science in Animal Science, University of Florida Animal Science Department, Gainesville, FL March, 2002

I Training

May 2016 Completion of Animal Chiropractic 240 hour course Meridian, TX Animal Chiropractic Education Source

June 2005 Externship- Feedlot Practice Greely, Colorado

July 2005 Externsh i p- General Rural Practice Pilot Point, Texas

May 2002 -Sept 2002 Summer Employment on large beef cattle ranch• Arcadia, Florid a

Lifetime Family Rural Practice with Father John Yelvington DVM

I Experience

July 2016- present Steele Equine Veterinary Services & Performance HorseCenter

• Co-owner

• Director of Veterinary Services

May 2006- june 2016 Ridge Large Animal Veterinary Services• Co-Owner• Director of Equine Services

Feb. 2008- june 2016 Three Oaks Equine Reproductive Facility• Founder and Co - Owner

2010- Present Associate Professor University of Florida College ofVeterinary Medicine Practice Based Equine Clerkship

• Teaching Veterinary students practicalVeterinary Skills in the field.

2007- Present Guest Speaker for freshman orientation and Christian Veterinary Association meetings at the University of Florida

2014- Present Chair Animal Health Committee Florida Cattleman'sAssociation

2012-2014 Vice Chair Animal Health Committee FloridaCattleman's Association

ILicensing

May 2006 - current Veterinary License

May 2006 - current DEA License

july 2006- current USDA Veterinary Accreditation

j Significant Honors I2006 Saunders & Mosby Large Animal Surgery Award

This award is given to a senior student judged by the surgeryfaculty to have the best psychomotor skills in Large Animal Surgery

2006 Clyde and Laura Spears Rural Animal Medicine Proficiency Award

This award is presented to a graduating senior DVM student who excels in Food Animal Medicine, Surgery, Reproduction, and who demonstrates the greatest proficiency in Large Animal Medicine.

2006 Dr. James A. Himes Alumni Scholarship

This scholarship is awarded to a graduating senior DVM student who demonstrates an enormous financial need and displays the "james Himes Attitude"

2005 Frances P. Weaver Memorial Scholarship

2003 Highlands County Cattlewomen's Scholarship

IObjective

Terry Jay ''TJ" Steele, CJF CEqDT7713 Sta te Road 64 East

Zolfo Springs, Florida 33890 (863)673-4810

stee l eequ i ne@ya hoo.com

To provide advanced farrier a nd dentistry equine services to centra l Florida.

ITraining

2000 - 2004 Numerous Leadership CoursesUnited States Military Corps.

200 3 Corporals Course Leadership TrainingUnited States Military Corps.

Experience

june- 2015- present Steele Equine Veterinary Services & PerformanceHorse Center

Co - OwnerRespons ibl e for a ll Dentist ry and Fa rrier ServicesGrounds/Ma i ntenance ManagerSupervisor of the Farrier App rentice Progra m

2015 - 2016 Blacksmith Buddies- University of FloridaCoordinator

2010- june 2015 Steele Equine, Inc.OwnerEquine Fa rri er and Dental Servi ces

2007- 2010 Lucky S EquineOwnerEquine Farr i er Services

2000-2004 United State Marine CorpE-5 Sargen t

I Licenses

February 2011- current CEqDT (Certified Equine Dental Technician)

May 2015 American Farriers Association Certified journeymanFarrier

Apri12012 American Farriers Association Certified Farrier

Education

Farrier Casey & Son Horseshoeing School, 2007

Dentistry Academy of Equine Dentistry, February 2011Glens Ferry, Idaho

I Significant Honors I2013-2015 Top 3rd Contestant in Numerous Farrier Competitions

Curriculum Vita

Mark Phillips,DMV,Millpond Equine Clinic

4201Vinkemulder Road,Coconut Creek,Florida 33073{954) 971-7393 [email protected]

Education Doctor of Veterinary Medicine,1975Ohio State University, Columbus, Ohio

1975

Employment and Professional ActivitiesOwner and Operator of Millpond Equine Clinic Coconut Creek, Florida

Chief surgeon- performing colic, arthroscopic, orthopedic, and soft tissue surgeries for all breeds of competition and pleasure horses.Maintaining a busy ambulatory practice, as well as performing, in clinic diagnostics including: ultrasound, gastroscopy, endoscopy, and radiology.Active participant in ongoing research studies to further surgical technology and systemic treatment in Equine Medicine.Head Veterinarian for the Broward County Large Animal DisasterCommittee.

Research,Inventions,and PublicationsFounding Hyaluronic Acid researcher and co developer.

1975-2011

*Registered trademark

Publication of secondary degenerative arthritis treatment in the horse {1978, 1981, and 1984).Comparative study of molecular weight of hyaluronic acid in relationship to duration of action {1989).Set up the human clinical trials at Columbia University regarding HA with secondary degenerative arthritis and prevention of secondary traumatic arthritis.Co inventor of Glenaglide with Glenpharma, Uppoala, Sweden {Patent pending). Publication of Glenaglide in Tendon and Suspensory Injures, WEVA, Brazil {2009) Researcher of AdenoVirus 36 with Dr. Richard Atkinson Virginia Commonwealth University, Richmond, VA.Publication, Pharmacokinetics of Indomethacin {1976). Research for Research Associate,Inc.

• Nutritional supplements. Zetetin Research, Inc.

• Inventor and patent of Zetetin*

DANA STOLTZ GRAY, PH.D.Dallas, TX 762261 Cell: 940-703-17061 [email protected]

EDUCATIONAL LEADERSHIPSchool Reform I Student Achievement I Early Warning Systems I Special Education

Strong, confident leader with deep expertise developing strategies and need-specific resources that positivity impact school, teacher and student performance; with broader application towards the design of educational products, consulting, Corporate Social Responsibility initiatives or foundations focused on transformation of public education. Engages, inspires, leads multidisciplinary teams delivering professional education programs at a regional, state and national level. Expert level project management and program implementation skills.

EXPERIENCE

High Plains Regional Education Cooperative, Raton, NM 8/2002- 6/2016Administratively attached to the New Mexico Public Education Department, HPREC provides expertise, powerful tools,responsive services and systematic approaches that enable schools to achieve educational goals.

Director of ProgramsDirected the development and implementation of research-based educational initiatives across eight school districts, with additional responsibility for New Mexico Public Education Department state-wide projects. Set priorities; lead and mentored a multidisciplinary team of18 professionals. Co-developed NMPED, district& agency policies, educational guidance and materials. Proactively addressed Board of Director expectations and contributed to strategic planning. Managed program budgets.• Served as Senior Advisor to Superintendents and leadership on strategy & execution, school reform,

curriculum & instruction, special education eligibility & compliance and funding.• Developed impactful educational initiatives to strengthen leadership and improve teacher effectiveness

& student learning; increased attendance 620% and program generated revenue 1000 +%Created a robust suite of service offerings and relevant Professional Development opportunities. Planed and facilitated annual Special Education Law Conference for 150+ New Mexico educators. Expanded program resources and learning tools (webinars, training videos, access to eLibraries). High Plains is the only state REC profitable enough to waive membership fee requirements.

• Initiated, provided vision and ran the DIBELS Summit from 2004- 2013, bringing together national literacy leaders, researchers, and educators with keynote speakers like Robert Pasternak & Louisa Moats. Secured corporate sponsors; directed publicity & marketing, venue planning, and event logistics.

• Analyzed data and research to identify areas of need. Tracked and reported on program impact. Created surveys, annual reports and presentations for Board of Directors, stakeholders and NMPED.

• Provided clinical direction to School Psychologists, Social Workers, Speech, Occupational & Physical Therapists, Transition Counselor, Audiologist and Literacy Coach. Monitored and transformed services to improve therapeutic outcomes for up to 680 students annually.

• As member of New Mexico Public Education Department Guidance Committees, influenced and shaped policy, best practices and the evolution of state-wide educational initiatives.

• Selected by NMPED, in partnership with john Hopkins University, to plan and implement state wide, a multi-year Early Warning Systems initiative to increase graduation rate of at-risk youth:

Worked with EWS experts on project design, model, scope of work, content, resources and materials. Planned and managed event logistics (budgets, RFPs, venue selection, agenda, and marketing). Facilitated annual conferences for 380 educators (Administrators, Teacher Leaders, and Counselors).

Hawaii Department of Education, Hana, HI 10/2001-6/2002Located on the east side of Maui, this rural school district served approximately 350 students, 80% of whom were native Hawaiians or of mixed-Hawaiian ancestry.

Behavioral Health Clinical School Psychologist• Managed school based psychological services program; supervised Counselors & Psychologists providing

direct therapy, academic, and behavioral consultations for students at Hana High & Elementary Schools. Developed policy, procedures and sustainability plan.

• Ensured special education compliance as part of a Federal Consent Decree; conducted compliance reviews and testified on compliance related issues in U.S. District Court.

DANA STOLTZ GRAY, PH.D. PAGE 2

Horizons Academy ofMaui, Haiku, HI 8/1997-9/2001A private, non-profit school that utilizes principles of effective instruction, applied behavior analysis, and data-based decision making to empower, challenge, and support the academic achievement of students with learning disabilities.

Program Director and School Administrator (4/2001- 6/2002) School Psychologist (10/2001- 3/2011)• Promoted to turnaround an organization that lacked direction and cohesion. Re-engaged Teachers,

Teacher Assistants, Occupational & Speech Therapists, School Psychologist and Administrative Assistant; created a positive, supportive culture for teachers, students and staff.

• Directed teaching program and administration, curriculum & instruction, hiring, staff development, admissions, assessment & evaluation, policy development and financials. Co-developed grant writing program and lead fundraisers to support Horizons' operational budget.

• Significantly increased student outcomes; implemented research-based curricula and programs and promoted differentiated instruction to meet individual student needs, resulting in a 42% increase in overall student enrollment.

Toppenish School District, Toppenish, WA 8/1989- 6/1997Situated on the Yakima Indian Reservation, Toppenish School District provided educational programs for students with diverse culture and linguistic backgrounds; enrollment 75% Hispanic, 15% Native American, and 10% Other.

School Psychologist• Expanded school-based psychology services program. Provided direct therapy; consulted with parents

and educators on learning, social, and behavior problems. Evaluated student's eligibility for special education and assessed effectiveness of academic programs and behavior management procedures.

• Worked with local mental health professionals to design and introduce a district-wide school based behavioral program to meet students' social, emotional, and academic needs.

• Given responsibility by Principal to implement and facilitate a school-based education improvement plan that targeted professional development, essential student learning and assessments.

• Collaborated with nationally-recognized researchers and implemented district-wide an early literacy assessment in both English and Spanish (currently known as DIBELS and !DEL); one of the first school districts in the country to adopt !DEL (Spanish version):

Year-long supervision of PhD student from the University of Oregon, who's dissertation researched reliability and validity of direct measure of English reading fluency for Hispanic bilingual students.

CONSULTING & PRO BONO

New Mexico Public Education Department, Santa Fe, NM (project based) 2013- 2015

Consultant (Professional Service Contractor)• Conducted systematic review of educational plans for 95 low performing schools throughout the state.

Evaluated academics, instructional effectiveness, interventions, college & career readiness, parent and family involvement, professional development, and safe school initiatives.- Provided school administrators quantitative and qualitative analysis of educational plans along with

guidance for utilization of data to support student success.• Created system to graphically display school-based data in support of the NMPED Priority Schools

Bureau instructional audit process. Analyzed data and evaluated 128 low performing schools and sub groups; made recommendations using an actionable three-tiered intervention approach.

Retreat Director, Casting for Recovery 2009- present• Lead a group of 14 women on transformative breast cancer fly fishing retreats each year. Coordinate

Planning Committee across a tristate region focused on the identification of retreat participants, donor outreach and fund raising. Manage volunteer staff in preparing for and facilitating the retreats.

Leadership Coach, Philmont Scout Ranch, Boy Scouts of America 2004 -2009• Counseled leadership team at the largest youth camp in the world, providing recreation and formative

experiences to 23,000 participants and training for 5,000 adults annually. Lead multi-day developmentworkshop that strengthened leadership, team building, customer service and staff communications.

DANA STOLTZ GRAY, PH.D. PAGE 3

EDUCATION

Ph.D., Educational Psychology, 1989, UNIVERSITY OF OREGON, Eugene, ORDissertation: Social interaction Patterns of Boys At-Riskfor Developing Antisocial Behavior

B.A., Psychology, 1985, IDAHO STATE UNIVERSITY, Pocatello, 1D

PUBLICATIONS

Gray, D.S., Nixon-Peterson, E., & and Zimmer, S., (2010), An ESA Leads an Effort for Student Improvement andGets Results Perspectives: A journal of Research and Opinion About Educational Service Agencies, 6, 11-18. Putnam, D., Williams, R.A., & Gray, D.S. (1992), Antisocial Behavior: A Social Learning Perspective in anEducational Context, Thresholds in Education. 16,31-36.

NATIONAL PRESENTATIONS

The High Plains REC Educonomy Model: Education + Economy= Career and College Ready StudentsAssociation of Educational Service Agencies, National Convention, San Antonio, TX, 2013

Closing the Achievement Gap: Building Systems and Implementing Interventions That WorkDIBELS Summit- Albuquerque, NM, 2010

Got Leadership? Strategies for Tough TimesAssociation of Educational Service Agencies National Convention- Savannah, GA, 2010

D3 : Demystifying, Discussing, Debating (Panel Facilitator) DIBELS Summit- Albuquerque, NM, 2008

Diagnosis to Success: Improving Adolescent Literacy SkillsAssociation of Educational Service Agencies National Convention- Phoenix, AZ, 2008

DIBELS Summit Panel of Experts (Panel Facilitator) DIBELS Summit- Albuquerque, NM, 2007

Steps to Success (Panel Facilitator)DIBELS Summit- Albuquerque, NM, 2006

Data Trek: Using Data to Guide Your Literacy journey and Ensure Success for All StudentsThe Second Annual National Reading First Conference- New Orleans, LA. 2005

NEW MEXICO DEPARTMENT OF EDUCATION INITIATIVES

• New Mexico Technical Evaluation and Assessment Manual (NMTEAM), 2011 & 2015 as well asNMTEAM Professional Development Modules, 2012

• New Mexico Response of Intervention Framework, 2011

• Student Assistance Team (SAT) and the Three-Tier Model of Student Intervention, A Guidance &Resource Manual for New Mexico Schools Response to Intervention Framework, 2008-2009

• Response to Intervention: Systematic Process to Increasing Learning Outcomes For All Students:A Guidance Document for New Mexico Schools, 2006

• Full-Day Kindergarten Program Update: Using Summary and Analysis of DIBELS Data, 2005

Tab 9: Letters of Support

Millie Carlton Bolin Carol Sanders

Salvatore Delellis, MDLeigh Ann Monek Mark Davis, DVM

Mark Phillips, DVM

Tab 10:Alternative ProposaI

{Phase 1: Steel Building Framework and Surgical Center Only)

Project ObjectivesProject Operating Budget

Current and Anticipated Financials

Steele Equine Expansion Project - Page 51of 58

Alternative Proposal (Steel Building Framework,Handicap Accessible Restroom,and Surgical CenterOnly)

Steele Equine maintains that the Steele Equine Expansion Project, as presented, is the strongest proposal to reach its goal of having a direct impact on economic development in Hardee County. However, due to possible fiscal constraints of the EDA funding, Steele Equine would consider implementing the expansion project in two phases. Although this is not ideal and it will take longer to reach EDA's and Steele Equine's mutual goals, it may be an option to consider.

In the alternative expansion model, Phase I would include the construction of the steel building framework (i.e., infrastructure) for the expansion project as well as the completion of the Surgical Center and an handicap accessible restroom. Subsequently, Phase II would include the renovation/construction of the remaining departments (Performance Horse Department, Rehabilitation Facility, and Bunkhouse) as funding is procured. A budget for the Steel Building Framework, Surgical Center, and Restroom (with matching funds) is detailed below (see Exhibit 15).

Project Objectives {Phase I Onlvl

Exhibit 14: Objectives

Increase economic development by providing comprehensive,effective servicesObjective 1 To renovate the current facility to include the steel building framework, Surgical

Center, and handicap accessible restroom by January 30,2018.Objective 2 To increase the number of Surgical Services provided annually from 0 to 80

surgeries (8000% increase increase) by January 30, 2020.Objective 3 To increase the number of equine clients served from 1,451to 1,886 (30%

increase) by January 30, 2020.

Project Operating Budget (Phase I Only)

In this alternative proposal, Steele Equine is requesting $260,762 from Hardee County EDA for the construction of the steel building framework as well as the construction of the Surgical Center and an handicap accessible restroom.

• $260,762 from Hardee County EDA (57%)• $196,715 from Steele Equine Matching Funds (43%)• Total Budget: $457,477

Exhibit 15: Steele Equine Expansion Project Operating BudgetPhase I- Steel Building Framework, Handicap Accessible Restroom, and Surgical Center Only

(Budget: $260,762 Requested by EDA and $196,715 Matching Funds by Steele Equ'1ne)

Description Total ExpendituresGeneral Conditions $37,950.00Start-Up and Mobilization $2,500.00Dumpster Rental/ Trash Removal $2,100.00Site Engineering & Permits $11,000.00Blueprints $11,000.00Safety Equipment $400.00


Permits (County) $5,500.00Temporary Bathrooms $750.00Print Reproductions $300.00Specialty Inspections I Test $1,000.00Insurance/Warranty $3,400.00Superv.iSion . . $9,500.00Project Manager $7,000.00Support Staff $2,500.00Site Work $21,000.00Concrete Demo $3,000.00Earthwork- Building Pad (If Applicable) $4,000.00Earthwork- Excavation I Backfill $9,000.00Landscape/Sod $2,000.00Irrigation $3,000.00Coitcrete Work $52,000.00Building Foundation- Labor & Material $39,000.00Block- Labor $10,000.00Driveway $3,000.00Mcisonry . . $5,900.00Masonry- Block Material $5,900.00Metals; ··. $130,000.00Structural Steel & Erection I Ornamental $130,000.00Wood,Plastics and Carpentry $3,500.00Mezzanine $3,500.00Thermal & Moisture Protection $7,500.00Install Roof Metal Ceiling $4,500.00Block Insulation $3,000.00Doors & Windows $20,640.00Windows & Fixed Glass $3,000.00Special Doors- Operating Room $6,590.00Shipping $2,000.00Install & Bolts $3,500.00Exterior Door $1,750.00labor to Install Doors and Trim $3,800.00Finishes $46,670.00Drywall I Ceilings $3,115.00Painting (Interior & Exterior) Floors, Walls, Ceiling- Epoxy $9,000.00Cabinets I Finish Hardware- Base & Uppers $6,000.00Padded Walls - Recovery $10,555.00Interior Office Build Out $9,000.00Electric Winch (Surgery) $9,000.00Electrical $12,300.00Electrical $8,000.00Electrical Fixtures I Site Lighting $2,300.00Low Voltage- Internet I Phone $2,000.00Plumbing $13,000.00Plumbing $4,000.00Septic System -If applicable $9,000.00CONSTRUCTION SUBTOTAL $359,960.00Overhead and Profit $71,992.00


Specialty Equipment $25,525.00Surgery Table $21,000.00Scale $4,52S.OOTOTAL PROJECT COSTS $457,477.00


Current and Anticipated Financials !Phase I Only )

Exhibit 16:Steele Equine Current and Anticipates FinancialsPhase 1- Steel Building Framework, Handicap Accessible Restroom, and Surgical Center Only

2016 2017

2018 (Projection - 1st Year Post

2019 (Projection- 2nd

Year Post

2020 (Projection - 3rd Year Post

2015 (Projection) (Projection) Construction) Construction) Construction)RevenuePerformance Horse/ReproductionServices

305,392.12 335,931.32 340,000.00 340,000.00 340,000.00 340,000.00

Surgery Services 96,000.00 115,200.00 138,240.00Farrier/Dental Services 95,107.87 106,891.06 107,000.00 107,000.00 107,000.00 107,000.00Other Associates Revenue 112,161.31 187,791.66 275,000.00 384,686.21 459,223.45 527,945.80Spring Break Camps 1,750.00 4,500.00 5,500.00 7,500.00 7,500.00 7,500.00Total Revenue 514,411.30 635,114.04 n7,5oo.oo 935,186.21 1,028,923.45 1,120,685.80

_ExpensesPersonnelSenior Veterinarian/Co-Owner: Salary 20,000 40,000 60,000Senior Veterinarian/Co-Owner: Benefits

3,788 9,292 15,368

Equine Dental Technician/Farrier/Co- Owner: Salary

20,000 35,000 37,500

Equine Dental Technician/Farrier/Co- Owner: Benefits

3,788 7,747 8,598

Junior Associate Veterinarian: Commission (35% of Gross Revenue Generated}

12,284 33,642 43,750 60,440 72,528 79,781


Junior Associate Veterinarian:Benefits

2,157 4,315 4,315 4,315 4,315 4,315

Junior Associate Veterinarian: Commission (35% of Gross Revenue Generated)*Prorated for 6 months in 2016

21,000 52,500 70,000 84,000 100,800

Junior Associate Veterinarian: Benefits*Prorated for 6 months in 2016

7,398 18,068 23,293 27,567 34,336

Business Manager: Salary 35,360 37,440 39,520 41,600 43,680 45,760Business Manager: Benefits 8,738 9,368 9,999 10,629 11,259 11,889Veterinary Technician/OfficeAssistant: Salary

24,960 29,120 31,200 33,280 35,360 37,440

Veterinary Technician/OfficeAssistant: Benefits

5,587 6,847 7,478 8,108 8,738 9,368

Veterinary Technician: Salary 29,120 30,160 31,200 33,280 35,360 37,440Veterinary Technician: Benefits 6,847 7,162 7,478 8,108 8,738 9,368Veterinary Technician: Salary*Part-time, prorated for 7 months in 2016. Expected to go full-time once project if funded.

13,180 27,040 29,120 31,200 33,280

Veterinary Technician: Benefits*Part-time, prorated for 7 months in 2016. Expected to go full-time once project iffunded.

3,063 5,333 5,807 6,282 6,756

Office Clerk: Salary*0.75 FTE- 2016 Prorated for 6 months

12,480 20,280 21,840 23,400 24,960

Office Clerk: Benefits*O.75 FTE - 2016 Prorated for 6 months

2,949 4,299 4,694 5,088 5,483

Other Associates: Commission*2015 is a Veterinarian no longer employed.2016- 2012 Minimal work by non-equine

22,173 2,183 1,800 1,800 1,800 1,800

Steele Equine Expansion Project · Page 56 of 58

Veterinarian(s) associated with sisterpractice.

Consultants 3,150 2,500 3,500 18,000 18,000 18,000Apprentices (Farrier) 10,888 6,000 6,000 6,000 6,000 6,000Personnel Total 161,265 228,808 313,758 427,890 515,354 588,243

Operational ExpensesAccounting 6,100 2,500 2,500 2,500 2,500 2,500Advertising & Promotion 4,357 1,500 5,000 2,500 2,500 2,500Auto Insurance- Owners 2,140 2,584 2,500 2,500 2,500 2,500Bank Service Charges 112 150 150 150 150 150Building Insurance 2,800 2,447 2,500 3,500 3,500 3,500Business License and Permits 1,200 2,000 3,000 3,000 3,000Clinic Supplies 5,766 4,000 4,500 5,000 5,000 5,000Continuing Education 4,138 12,000 8,000 8,000 12,000 12,000Credit Card Processing Fees 3,027 3,000 3,200 3,500 4,000 4,500Dental and Farrier Tools 2,212 2,000 2,000 2,000 2,000 2,000Drugs and Supplies 100,917 125,351 130,000 150,000 160,000 170,000Dues and Subscriptions 2,131 2,000 2,000 2,000 2,000 2,000Electric 4,584 4,800 4,800 6,500 6,500 6,500Equipment Insurance*Now grouped with liability Insurance

1,883

Equipment Purchases*$10,000 for Surgery Center Equipment-2017 (e.g., anesthesia machine and monitor, autoclave, ridged arthroscopy, etc.)*$11,000/per year for Non-urgent equipment(e.g., water treatment system, automatic front gate, washer/dryer, and securitycameras, icemaker, etc.)- 2018/2019

27,000 20,000 20,000 20,000 20,000

Feed and Hay 8,677 8,750 9,000 11,000 11,000 11,000Federal Unemployment Tax 643 1,630 1,600 1,600 1,600 1,600


- .

Garbage 728 728 728 900 900 900Health Insurance and Workers 9,003 10,000 10,000 10,000 10,000 10,000

Compensation Internet 1,876 1,876 1,876 1,876 1,876 1,876Kubota Tractor 5,400 5,400 5,400 5,400 5,400 5,400Laboratory Fees 14,087 16,808 17,000 18,000 18,000 18,000Liability Insurance (including 2,937 2,641 2,641 3,000 3,000 3,000

Equipment Insurance ) Min ray- Xray Machine 4,795 8,000 0 0 0 0

Mortgage: Payment based on current 21,080 20,940 20,940 36,096 36,096 36,096 mortgage ($180,000) and additionalmortgage with expansion (approx.$200,000)Office Supplies 10,248 5,461 5,400 6,000 6,000 6,000Polaris 5,003 5,003 2,500 0 0 0Postage and Shipping 3,085 4,115 4,100 5,000 5,000 5,000Property Tax 1,000 1,000 1,500 2,500 2,500 2,500Quatro- Digital X-ray Processor 11,648 11,648 11,648 11,648 11,648 11,648Repairs/Improvements 10,474 8,855 5,000 5,000 7,000 7,000Sales Tax 1,527 1,600 1,600 1,600 1,700 1,700Sonosite- Ultrasound Machine 7,138 7,138 7,138 7,138 0 0Spring Break/Summer Vet Camp 2,176 3,500 4,000 5,000 5,000 5,000Student Housing Expense 2,506 2,500 2,500 2,500 2,500 2,SOO Telephones/Cellular Phones 3,500 4,000 4,000 5,000 5,000 5,000Travel and Conventions 6,941 4,316 6,000 7,500 7,500 7,500Uniforms/Special Clothing 2,632 3,000 3,000 3,000 3,000 3,000Vehicles- Fuel 14,054 14,000 15,000 17,000 17,000 17,000Vehicles- Other Expenses Owners 2,910 6,000 4,000 5,000 5,000 5,000Vehicles- Payment (2 Trucks) Owners 1,500 13,200 13,200 13,200 13,200 13,200Operational Total 295,735 362,641 348,921 396,108 405,570 416,070Tot_al.Expenses . 457,000' 591,449_ 662,679 823,998 920,925 1,004,313


Year End Balance 57,411 43,665 64,821 111,189 107,999 116,373• 2015 higher cost due to consolidating all business (e.g.,Three Oaks Equine) and dissolving a LLC.

Note: At the current time, Dr. Liz Steele and TJ Steele are being compensated by Steele Equine with benefits including family medical insurance as well as cellphones and vehicle usage. In order to bring additional income while Steele Equine is growing and expanding, Dr. Liz Steele also has a contact ($68,8512) with Ridge Large Animal Veterinary Services to provide supplemental bovine services. This strategic decision has allowed Steele Equine to have sufficient operating revenue to continue to grow as a young business and earn a reputation as a thriving and sustainable business unit. As depicted above, once the Steele Equine Expansion construction is completed, Dr. Liz Steele and TJ Steele will receive a salary from Steele Equine.

EXHIBIT 8

Project Description

The Steele Equine Expansion Project will renovate the existing facility and add new construction to build a specialty Veterinary facility offering cutting edge diagnostic, therapy, surgical, and rehabilitation services to ensure that each horse receives a swift, accurate diagnosis and the best opportunity for full recovery. The uniqueness of Steele Equine will be its ability to offer fully integrated, specialized, multidisciplinary services in one facility and performed by one team of specialists. This availability of services, techniques, and expertise will bring a new level of equine care to central Florida and a significant "value add" to Hardee County. The ultimate goals of the project are to: (a) Provide the most comprehensive, effective, and quality equine care in Hardee County; (b) Provide an engaging learning/training environment for students seeking a degree in Veterinary medicine; and (c) Bring much needed economic development and job opportunities to Hardee County.

EXHIBIT C

Criteria for Measurement of Achievement of Terms Agreed to Under theInfrastructure Program

Financial Reporting Procedures for Quarterly Reports and Reimbursement

The financial reporting procedure establishes guidelines for grant funds

disbursed through the EDA. The procedures set forth principles for determining eligible

costs, supporting documentation and minimum reporting requirements to assist both

parties in receiving appropriate and timely reimbursement.

Grant funds shall be reimbursed in accordance with good cash management

principles as identified by law. The reimbursement shall include only expenditures

related to the project elements and the period as identified in the agreement. The

Business shall submit the attached quarterly progress report and reimbursement

request forms to request reimbursement on an annual quarterly basis. The forms must

contain all the information as requested. Each cost should clearly reflect the project

element and a brief description of work performed. The office shall retain up to 10% of

its obligations to ensure compliance with agreement terms and conditions. Retained

funds shall be released upon satisfactory completion of the project.

Documents that support the reimbursement shall be retained as described in

Section 7.0 of the Agreement.

2

Reimbursement Request Package

Recipient Details1. Grant/Recipient

2. Project Number Date of Request

3. Disbursement Request Number

4. Type of Request: Partial Final

5. Federal Employer Identification Number

6. Send Remittance to:

Reimbursement Details(Cumulative amounts)

1. Architectural and Engineering (attach invoices) $

2. Permitting (attach invoices) $

3. Construction and/or Demolition (attach invoices) $

5. Other {list - must be specified in agreement) $

6. Total Cumulative to Date $

7. Less Retainage (10%) (not required for government entities) $

8. Less Previous Disbursements $

9. Amount requested for disbursement (line 6 minus line 7 & 8) $

Requests for Invoices already Paid:1) Copy of Invoice2) Proof of Payment

** SUBMIT ONE ORIGINAL COPY OF THIS FORM AND SUPPORTING DOCUMENTATION TO: **

Hardee County Economic Development AuthorityC/0 County Manager's Office412 W.Orange St., Room 103

Wauchula, FL 33873863-773-9430 Phone; 863-773-0958 Fax

3

Business Agreement AdministratorCertification of Reimbursement Request

I,

(name of Grantee's Business Agreement Administrator designated in the Agreement)

on behalf of --------------------- , do hereby certify that: (name of Grantee/Recipient)

1. The disbursement amount requested on page 1 of this form is for allowable costs for the project described in the Agreement.

2. Materials, labor, equipment, and/or services representing costs included in the amount requested have been satisfactorily purchased, performed or received, and applied toward completing the project; such costs are documented by invoices or other appropriate documentation, which are filed in the Grantee's permanent records.

3. The Grantee is required to pay such costs under the terms and provisions of contracts relating directly to the project, and the Grantee is not in default of any terms or provisions of the contracts.

4. All funds received to date have been applied toward completing the project.

5. All permits and approvals required for the construction, which is underway, have been obtained.

(Signature of Business Agreement Administrator)

(Date)

4

PROJECT STATUS REPORT

Project ProjectNAME: Number:

PROJECT ELEMENTS WORK ACCOMPLISHED %COMPLETED

PROBLEMS ENCOUNTERED/COMMENTS

Period Covered(Check Appropriate Period)

January through MarchApril through June

--- July through September October through December

Due April 15th DueJuly 15th Due October 15th Due January 15th

Business Agreement Administrator: --------=--,-------------=--,-----Signature Date