Laserfiche WebLink
RESOLUTION NO , 2011- 058 <br /> A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF <br /> INDIAN RIVER COUNTY, FLORIDA ; RECOMMENDING TO <br /> ENTERPRISE FLORIDA THAT INEOS NEW PLANET BIOENERGY, <br /> LLC ' s QUALIFIED TARGET INDUSTRY ECONOMIC RECOVERY <br /> EXTENSION APPLICATION BE APPROVED PURSUANT TO s . 288 . 106 , <br /> FLORIDA STATUTES ; AND PROVIDING AN APPROPRIATION OF <br /> $339000 AS PART OF A LOCAL JOBS GRANT PROGRAM FOR LOCAL <br /> PARTICIPATION IN THE QUALIFIED TARGET INDUSTRY TAX <br /> REFUND PROGRAM FOR FISCAL YEARS 2012/13 , 2013/149 2014/15 , <br /> 2015/ 165 2016/ 179 2017/189 AND 2018/ 19 AND PROVIDING FOR AN <br /> EFFECTIVE DATE . <br /> WHEREAS , the business under consideration, INEOS New Planet BioEnergy LLC , is a <br /> joint venture between INEOS Bio (a division of INEOS ) , the world ' s third largest chemical <br /> company, and New Planet Energy, a company that focuses on commercialization of new <br /> technologies to produce energy and related products from waste products ; and <br /> WHEREAS , INEOS New Planet BioEnergy LLC is locating a demonstration waste to <br /> ethanol conversion plant and regional headquarters in Indian River County at 925 74`h Avenue <br /> S . W . ; and <br /> WHEREAS , INEOS New Planet BioEnergy LLC is an industry targeted by the State of <br /> Florida and Indian River County for new high-wage job creation ; and <br /> WHEREAS , INEOS New Planet BioEnergy LLC is planning to create up to fifty five <br /> (55 ) additional full -time equivalent new jobs in Indian River County and the average wage for <br /> the additional jobs will exceed the area ' s average wage ; and <br /> WHEREAS , INEOS New Planet BioEnergy LLC prepared an application for a grant <br /> under the State of Florida ' s Qualified Target Industry (QTI) Tax Refund Program , which was <br /> approved by the state on June 18 , 2010 ; and <br /> WHEREAS , the State of Florida' s QTI grant program requires a 20% local government <br /> match for a business to qualify for the state ' s QTI grant; and <br /> 1 of 4 <br />