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5.C. PRESENTATION BY MR. CHRIS RUSSELL, OCULINA BANK <br />Chris Russell, Oculina Bank, discussed Oculina Bank's plans for expansion and creation <br />of a new Operations Center in the heart of the Enterprise Zone. He told Commissioners how <br />well the Tax Abatement program would dovetail with the bank's plans. <br />Chairman O'Bryan related how the business -friendly climate had been an important <br />component in Oculina's selection of a site in Indian River County. <br />Mr. Russell affirmed that based on the County's welcome, Oculina had opted to expand <br />in the County. <br />Commissioner Davis provided a brief history of the Enterprise Zone. <br />6. APPROVAL OF MINUTES <br />6.A. REGULAR MEETING OF JULY 20, 2010 <br />The Chairman asked if there were any corrections or additions to the Minutes of the <br />Regular Meeting of July 20, 2010. There were none. <br />ON MOTION by Commissioner Wheeler, SECONDED <br />by Vice Chairman Solari, the Board unanimously <br />approved the Minutes of the Regular Meeting of July 20, <br />2010, as written. <br />7. INFORMATIONAL ITEMS FROM STAFF OR COMMISSIONERS <br />NOT REQUIRING BOARD ACTION -NONE <br />3 <br />October 5, 2010 <br />