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of those developments have and will continue to attract related commercial and business support <br />services in the vicinity, most likely along US 1. <br />While the increase in business activity and construction has added jobs to this area, it is not <br />evident whether the impact has benefitted the depressed area of the community. Like many <br />depressed areas, Gifford contains a mix of land uses and a supply of vacant industrial and <br />commercially designated land. Going forward, the county should continue to eliminate <br />substandard housing and maintain code enforcement activity in Gifford. <br />➢ Gifford: Indian River Countv/City of Vero Beach Enterprise Z,&neArea <br />4-n--From 2005 until the sun-setting of the state's Enterprise Zone enablingleeislation on <br />December 31, 2015, Indian River County and the City of Vero Beach jointly establishedopgrated <br />an Enterprise Zone encompassing properties in and around the City of Vero Beach Munteipa4 <br />Regional Airport and properties within the Gifford Community. An Enterprise Zone +was an area <br />designation approved by the state to encourage new economic growth and investment in <br />distressed areas. The state accomplishesd this in part by providing tax incentives to residents and <br />businesses within Enterprise Zones. <br />Fefunds; pr-epei4y tax -coed san' -et# ait Although the state sunsetted the enabling <br />legislation at the end of 2015 the Indian River County Board of County Commissioners (BCC) <br />determined that it is important for the County to continue to provide a special economic <br />development incentive in the former Enterprise Zone area consistent with the Gifford <br />Neighborhood Plan Policy that supports such an incentive in the Gifford area On January 12 <br />2016, the BCC approved a resolution to continue to offer a 10% local jobs grant bonus to target <br />industries locating within the newly re-labeled "Enterprise Area" The "Enterprise Area" <br />encompasses the same geo raphic area of the former Enterprise Zone <br />offer state spenser-ed ineentiYes to leeal eempanies. These addifienal ineenti-ves are anether tee! <br />that the Geunty and the City ef Vefe Beaeh haye at their dispesal te help Fetain and expand <br />existing bus I fi-ow businesses. <br />With a pessible expansion ef the Piper- Airer-aft f6eility and the iftFeasingly available indUStFial <br />sE 9tfe�crc et�vesi <br />A-qs%�' <br />Hi A . <br />,..J A2fd <br />Ayenue (Ver-e Beaeh Business Par-k). That business PaFk is pFepesed to have a tetal ef 15 4et-,. <br />Oslo <br />The third blighted area needing redevelopment or revitalization is located west of US 1 along <br />Oslo Road in the southern portion of the county. Oslo Road (9th Street, S.W.) is a principal <br />Future Land Use Element 126 <br />145 <br />