Your business. Cleared for Takeoff! February 2019

Aviation

Company Spotlight Arcadia Aerospace Industries’ mission since 2006 has been to provide state-of-the-art inspection solutions by effectively utilizing the philosophies of high quality, advanced techniques, and superior customer service. AAI’s team of 25 employees has developed state-of-the-art Instrumentation and automated systems to handle the rapidly changing demands of the aerospace industry. They love doing business in Charlotte County because it is a diversified and proactive community!

Business Retention and Expansion Highlight

The EDO team attended the 2019 Charlotte County Chamber of Commerce Business Expo. We spoke to 70 Charlotte County businesses about their workforce needs and doing business in Charlotte County. We got some great feedback and look forward to getting to know our business community even better.

The $470 million capital investment is anticipated to have the

following tax impacts over the next 10 years:

◊ $26 million to the Charlotte Harbor CRA ◊ $18 million Tourist Development Tax

◊ $ 3.5 million in impact fees and permits ◊ $3 million Local Option Sales Tax

◊ $29 million to Charlotte County Public Schools

Charlotte County will enjoy many environmental and lifestyle benefits as well:

◊ 2,300 feet of dedicated public access to waterfront ◊ Public beautification of area

◊ Eliminate the use of commercial septic systems ◊ Modernization of county owned lift stations

◊ Removal of non-code complying structures. ◊ Roadway safety improvements

◊ Elimination of river contamination due to storm water run off

◊ Erosion control of the shoreline with new 2,300 feet of seawall.

◊ Environmental remediation

Construction Progress Rendering of completed project

Western Michigan closing Punta Gorda Program “It is hard to fail, but it worse never to have tried to succeed.”

- Theodore Roosevelt

Effective August 31st, WMU will be closing its Punta Gorda campus.

We are disappointed, but not from the lack of effort and commitment

by the Board of County Commissioners, staff, the business

community, the Punta Gorda Airport, FSW and WMU.

The EDO is continuing its effort to expand our aviation industry as we

move forward with the Aviation Airframe & Powerplant Mechanics

Certification program to provide the future workforce needs of the

county’s 12 (and growing) aviation businesses.

Sunseeker set to provide tremendous benefits to Charlotte County

Aerial view of progress.