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2/1/1984
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2/1/1984
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
02/01/1984
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FEB 1 1984 <br />Telephone: (305) 567-8000 <br />BOARD OF COUNTY COMMISSIONERS <br />1840 25th Street, Vero Beach, Florida 32960 <br />EXHIBIT A <br />HETRA Computer and Communications <br />Industries, Inc. <br />P. O. Box 970 <br />Melbourne, Florida 32901 <br />Gentlemen: <br />February 1, 1984 <br />nn , <br />56 PAGE 0 <br />4 <br />Suncom Telephone: 424-1011 <br />Re: Proposed Acquisition, Construction and Equipment <br />of Computer System Manufacturing Facility <br />Based upon recent discussions with you, it is the under- <br />standing of the Board of County Commissioners (the "Governing <br />Body") and the officials and representatives of Indian River <br />County, Florida (the "Issuer"), that you are currently considering <br />the construction of an approximately 40,0.00 square foot industrial <br />facility for the design, engineering and manufacture of computer <br />systems, sub -systems and peripherals, and other electronic <br />systems, including any necessary utilities for such facility, <br />within the territorial limits of the Issuer (collectively, the <br />"Project"); that the costs of the Project to be financed with the <br />bonds, hereinafter described, will not exceed $2,500,000; that the <br />Project will provide employment in the area of the Issuer for <br />approximately 200 people; and that the willingness of the Issuer <br />to issue and sell its industrial development revenue bonds for the <br />purpose of financing part of the cost of the acquisition, con- <br />struction and equipment of the Project is an important fact under <br />consideration by you in determining the extent of the development <br />feasibility of the Project. <br />The Governing Body has determined that the issuance of <br />industrial development revenue bonds by the Issuer to assist you <br />by financing such Project in the area of the Issuer will result in <br />an increase of employment in such area,.and that the issuance of <br />such bonds will serve a public purpose by advancing the economic <br />prosperity and the general welfare of the State of Florida and its <br />people. <br />Accordingly, in order to induce you to incur expenses <br />for the initiation of such Project and its financing, the Issuer <br />hereby makes the following proposal: <br />40 <br />
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