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Economic Impact Of Bluebelting Incentives On The Marina Industry In Florida
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1990
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Description:In 1983, a committee was appointed by the governor of Florida to investigate problems encountered by water-dependent activities in the state with an emphasis on marinas and recreational boating. They concluded that more and more of the waterfront is being developed for private as opposed to public access. The Committee recommended that the legislature establish a `Bluebelt' ad valorem tax relief mechanism for the encouragement of water-dependent facilities to offset the conversion of the waterfront to value-enhanced activities such as condominiums and restaurants. The term bluebelting is derived from the practice of granting tax relief to farmers to preserve agricultural land (greenbelting). The main focus of this report is to investigate the economic benefits, cost and limitations of all forms of bluebelting for the marinas in the State of Florida.
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Sea Grant Document Number:FLSGP-T-90-003
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Rights Information:Public Domain
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Compliance:Library
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