7/1/1981 - Laserfiche WebLink

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JUL-1 1981 2. Alternatives and Analysis Staff advises me that they have had several requests regarding this means of financing industry in Indian River County. The alternatives are: a. Authorize staff to prepare a report for the Board of County Commissioners with the information necessary to establish such an authority. b, Employ an outside Bond firm to advise the County. c. Deny the request, 3. Recommendation and Funding Staff recommends to me that we should establish such an authority as they feel the County should be in a position to issue these bonds even though they may not do so at this time. The only funding necessary at this time would be for those costs associated with the staff and the county attorney. Upon issuance of bonds, all costs would be paid in accordance with F.S.S. 159.25. BILL BRYANT, PRESIDENT OF THE CHAMBER OF COMMERCE, ASKED THE BOARD TO IMPLEMENT A PROGRAM FOR INDUSTRIAL REVENUE BONDS AS SOON AS POSSIBLE. ROBERT H. DAVIS, JR., PRESIDENT OF RAMPMASTER, INC. OF FT. LAUDERDALE, INTRODUCED HIS ASSOCIATES: ATTORNEY CHRIS WHEELER, AND ACCOUNTANT PAUL WAYLAND. HE THEN INTRODUCED J. C. NICKENS AND M. L. BOBROFF, OF THE FLORIDA DEPARTMENT OF COMMERCE. HE EXPLAINED THAT THEIR COMPANY FABRICATES LOADING DOCKS OF ALUMINUM, WELDS WITH INERT GAS, BUT DOES NOT DO ANY PLATING OR ANODIZING. MR. DAVIS CONTINUED THAT ONE OF THE FACTORS THAT -BROUGHT THEM TO THIS COUNTY WAS THE MAJOR EMPLOYER THAT IS ALREADY HERE. HE EXPLAINED THAT THEIR TRAINING PROGRAMS ARE NOT NEARLY AS COMPLICATED AS FOR AIRCRAFT riORK. HE WENT ON -THAT THEY DO NOT USE WATER IN THE PROCESS EXCEPT FOR COOLING THE WELDING MACHINES - THEY FILL A 55 GALLON DRUM AND RECIRCULATE THE WATER OVER AND OVER AGAIN. COMMISSIONER FLETCHER RESPONDED THAT HE COULD SEE NO PROBLEM WHATSOEVER WITH RAMPMASTER, BUT HE DID HAVE PROBLEMS WITH THE INDUSTRIAL DEVELOPMENT AUTHORITY. COMMISSIONER SCURLOCK FELT THERE SHOULD BE AN INDUSTRIAL DEVELOPMENT AUTHORITY IN THE COUNTY AS THIS WOULD BE A VEHICLE L