District Court of Appeal of Florida February 26, 1997, No. 96-655 (TEDC/Shell City, Inc. v. Robbins)

SHEVIN, Judge.

Taxpayers appeal an amended final summary judgment denying them an ad valorem tax exemption. We affirm.

In 1987 and 1988, Tacolcy Economic Development Corporation [“Tacolcy”] acquired three parcels of property from Dade County. Tacolcy did not provide Dade County with any monetary consideration for the properties.