RYBOVICH

April 10, 2018

Office of Governor Rick Scott
State of Florida

The Capitol

400 S. Monroe Street
Tallahassee, FL 32399

RE: AMENDED Census Tracts Submission for Opportunity Zones
Dear Governor Scott:

Pursuant to the Federal Tax Cuts and Jobs Act, the City of West Palm Beach previously submitted three
census tracts for you to consider for inclusion in the State of Florida's Opportunity Zone designation. In order
to take advantage of the significant private sector investment that is poised to take place, we are submitting
for consideration the following three additional eligible census tracts:

1600;

1700; and,

1801.

Within these census tracts, The Related Group is planning to invest $120 million into the construction of a
new rental residential building that is scheduled to break ground in the first quarter of 2019. This project has
been planned for some time as part ofthe larger Marina Village initiative which incorporates the Rybovich
working waterfront marina and its associated marine industry employment and economic impact that
currently exceeds $200 million per year.

The existing Rybovich operation is the cornerstone of a community based initiative that will be bringing
hundreds ofjobs and new marine related businesses to the immediate area. In addition, this grassroots
initiative is working with the Palm Beach County School District to cooperatively improve local educational
outcomes in the area. Finally, the initiative is expected to improve housing conditions and options for new
and existing residents. Because the private sector is taking the lead on the critical foundational aspects of the
effort, the initiative has earned the support and endorsement of the acclaimed Purpose Built Communities
Foundation 

With the successful track record and technical expertise offered by Purpose Built as well as numerous
corporate supporters, such as Tenet Hospitals, the Quantum Foundation, and Palm Beach Atlantic University,
we believe that the census tracts mentioned above are more than eligible and worth your consideration for
inclusion.
Thank you for giving West Palm Beach?s proposal your full consideration.
Respectfully,

b) 

H. Wayne Huizenga, Jr

4200 North Flagler Drive West Palm Beach, Florida 33407, USA 1 561 844 1800