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RESOLUTION NO. 2011-058 <br />WHEREAS, Indian River County has a local jobs grant program which it uses to supply <br />the required 20% local match for the State QTI program; and <br />WHEREAS, INEOS New Planet BioEnergy LLC submitted an application for a local <br />jobs grant which was subsequently reviewed and was determined to meet all applicable county <br />requirements; and <br />WHEREAS, on March 23, 2010, Indian River County entered into a local jobs grant <br />agreement with INEOS New Planet BioEnergy, LLC; and <br />WHEREAS, on March 23, 2010, the Indian River County Board of County <br />Commissioners adopted Resolution 2010-024, which pledged required local financial support <br />from its local jobs grant program for INEOS New Planet BioEnergy, LLC's application for the <br />State QTI program for State Fiscal Years 2011/12 through 2016/2017; and <br />WHEREAS, Indian River County received notification that INEOS New Planet <br />BioEnergy, LLC has submitted an Economic Recovery Extension application requesting up to a <br />two year extension •to the approved QTI agreement with the State of Florida; and <br />WHEREAS, the State of Florida requires the County to acknowledge the requested <br />extension and to pledge required local financial support for the time frames covered by the QTI <br />Economic Recovery Extension amendment request. <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 INEOS New Planet BioEnergy <br />LLC's Qualified Target Industry Economic Recovery Extension request be approved by the State <br />of Florida pursuant to s.288.106, Florida Statutes, and <br />