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In conclusion, let me state that we definitely want to be a part of your community. The company will bring approximately 6 families into the county (all of the officers and department heads with the exception of the treasurer) and hopes to create approxi- mately 40 new jobs for Indian River County people within a short period. Above all, we look forward to working with you in the future. If you have any questions, please feel free to call us. Sincerely,, ,f RAMPMASTL, f - , P 00 71kobert H. avis, r. President TO:Board of County Commissioners DATE: June 24, 1981 FILE: Indian River County SUBJECT: Request from Rampmaster, Inc. of Fort Lauderdale, Florida for the issuance of Industrial Revenue Bond Letter to Neil A. Nelson dated FROM . �E-RENCES: May 29, 1981 from Rampmaster Neil A. elson Inc. (Issued Separately) County Administrator This is in response to a request from the above named Corporation. Pursuant to F.S.S. 159 -- Part II, the above named Corporation has requested that Indian River County issue an Industrial Revenue Bond in the approximate amount of $ 850,000.00 "it is necessary and in the public interest to facilitate the financing of capital projects for industrial or manufacturing plants, research and development parks, and pollution -control facilities within the state; to facilitate and encourage the planning and development'pf'these capital pro- jects without regard to the boundaries between counties, municipalities, special districts, and other local governmental bodies or agencies in order to more effectively and efficiently serve the interests of the greatest number of people in the widestarea practicable; and to otherwise effectuate the purpose of s. 10(c) -of Art. VII of the State Constitution through the authorization of the issuance of revenue bonds by counties, municipalities, — - special districts, and other governmental bodies or agencies for industrial or manufacturing plants, research and development parks". 1. Description and Conditions This is the first request we have had from an industry with respect to issuing Industrial Revenue Bonds. To do this, it will be necessary upon the advice of the County Attorney, to establish an"Indian River County Industrial Development Authority " as outlined under F.S.S. 159.45 as follows: "The determination as to whether there is such need for an authority to function: a. May be made by -the Commission on its own motion; or b. Shall be made by the Commission upon the filing of a petition signed by 25 residents of the county asserting that there is a need for an authority to function in JUL1 1981 such county and requesting that the commi 900Kssi n s Gf PAGEo'