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1/13/2016 <br /> Reasons for Maintaining 10% Local Jobs Grant <br /> Bonus for Target Industry <br /> ■ Consistent with/implements Gifford Neighborhood Plan Actions 5.2, 5.3, <br /> and 5.4 <br /> ■ Supported by IRC Chamber of Commerce <br /> ■ No objection/general support from City of Vero Beach staff <br /> ■ Will allow the county to continue to promote the former EZ area with special <br /> redevelopment and job growth opportunities <br /> ■ Will have limited impact on the overall county budget (anticipated) <br /> ■ Attached resolution authorizes continuation of 10% <br /> award bonus per new job created by a targeted industry <br /> business locating to or expanding within the geographic <br /> boundaries of the old Enterprise Zone <br /> ■ "Bonus" area to be referred to as the "Enterprise Area" <br /> X38 5 <br />