VICKI TRACY OF GULF COAST INTERNATIONAL PROPERTIES NAMED CHAIR OF COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

FOR IMMEDIATE RELEASE
Media Contact:
Heather McDermott
Marketing Assistant, Gulf Coast International Properties®
Email: heather@gcipnaples.com
Website: www.gcipnaples.com

VICKI TRACY OF GULF COAST INTERNATIONAL PROPERTIES NAMED CHAIR OF COLLIER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

NAPLES, FLORIDA | March 9, 2022 – Vicki Tracy, Chief Operating Officer of Gulf Coast International Properties® has been named Chair of Collier County Industrial Development Authority.

The Collier County Industrial Development Authority is an entity created by Collier County to provide financing for projects as defined and described in the Florida Industrial Development Financing Act, and to foster economic development in the county.

The main function of the authority is to issue revenue bonds to finance the cost of acquisition, construction, equipping, or rehabilitation of qualifying projects.

In previous years, tax exempt bonds for qualifying projects included those for small manufacturing facilities, hospital facilities, private water and sewer facilities and certain private education facilities.

The five-member authority was established on February 27, 1979 to issue industrial development bonds to qualifying projects. Money generated from the bonds would be used to construct industrial plants, equipment, and other facilities.

Authority Chair Tracy, along with other team members, will serve in the role for 4 years.

Timothy P. Savage, Principal of Gulf Coast International Properties®, stated, “Vicki will be an integral part of the Collier County Industrial Development Authority team and will continue to be a proponent for responsible economic development in Collier County. We are very proud of her achievement and stewardship in taking on this role.”

For more information, please contact Heather McDermott, GCIP Marketing Assistant at heather@gcipnaples.com

# # #

END