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RESOLUTION NO. 2009 -180 <br />WHEREAS, the EMindful Inc. local jobs grant application meets all applicable county <br />requirements. <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that the Board of County <br />Commissioners hereby recommends to Enterprise Florida that EMindful Inc. be approved as a <br />Qualified Target Industry Business pursuant to s.288.106, Florida Statutes, and <br />BE IT FURTHER RESOLVED that the Board of County Commissioners hereby agrees <br />to make the necessary commitment of local financial support in the amount of $152,000 for <br />EMindful's application for the Qualified Target Industry Tax Refund Program. If eMindful <br />qualifies for a higher amount of QTI funds, the County will pay up to $550,000. Payment is <br />proposed to be made in the following increments: State FY 2010-11, State FY 2011-12, State FY <br />2012-13, State FY 2013-14, and State FY 2014-15, or as otherwise required by the State. Funds <br />are to be paid to the Florida Economic Development Trust Fund with the stipulation that these <br />funds are intended to represent the "local participation" required by s.288.106, Florida Statutes. <br />The foregoing Resolution was offered by Commissioner Davi s <br />and <br />second by Commissioner Wheel er , and being put to vote, the vote was <br />as follows: <br />Peter D. O'Bryan, Chairman Aye <br />Bob Solari, Vice Chairman Absent <br />Wesley S. Davis, Commissioner Aye <br />Gary C. Wheeler, Commissioner Aye <br />Joseph E. Flescher, Commissioner Aye <br />2 of 3 <br />