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• <br />• <br />• <br />AGENCY REQUEST FOR FUNDING FROM Indian River COUNTY "<%7C.; ..o <br />FISCAL YEAR 2019/2020 <br />A. Program Cover Page <br />Indian River County Chamber of g APR 1 1 2079 a <br />Agency: Commerce Telephone: 772-567-3491 to <br />Contact Person: Dori Stone Fax: 772-778-3181 . , �se <br />Title: President E -Mail: <br />Address: 1216 21St St. <br />Website <br />Address: <br />Program Title: <br />Vero Beach, FL 32960 <br />www.indianriverchamber.com <br />Countywide Economic Development <br />doris@indianriverchamber.com <br />I certify that information contained in this application accurately reflects the activities of this agency and that <br />the expenditures or portions thereof for which County funds are being requested are not reimbursed by <br />any other source. <br />4 <br />Signature <br />Dori Stone, President <br />Print name and title <br />Briefdescription of the Program for which funding is requested: <br />A countywide economic development program to implement the goals and policies as outlined in the <br />Economic Development Element of the Indian River County Comprehensive Plan and adopted by the <br />Board of County Commission. Programs, activities, marketing, and strategies result from meetings and <br />activities of the county's Economic Development Council and the Indian River County Chamber of <br />Commerce. <br />Efforts include promoting the county for new business location, direct assistance to local and start-up <br />companies, encouraging and enhancing the growth of existing businesses, provide exporting and <br />government contracting opportunities, promote and assist with Foreign Trade Zone activities, and <br />encourage business -to business relationships. The program's objective is to recruit and retain companies <br />that offer year-round, full-time jobs with benefits that pay at least 75% of the county's average annual <br />wage, while increasing and diversifying the county's tax base. <br />Summary Report <br />Amount requested from Indian River County for 2019/2020: <br />Total Proposed Program budget for 2018/2019: <br />Percent of total Program budget: <br />Current Funding (2018/2019) <br />Dollar increase / (decrease) in request: <br />Percent increase / decrease in request: <br />$228,505 <br />$293,440 <br />77.87% <br />$187,250 <br />$41,255 <br />22.03% <br />If request increased 5% or more, briefly explain why: <br />The Chamber's Economic Development Office proposes an additional full-time paid position: a <br />Business Retention Manager, to work with our existing business to facilitate business expansion and <br />job creation. The position will also coordinate activities related to the Foreign Trade Zone, a <br />designation pursued by the County, as well as conduct business retention visits, coordinate the <br />Industry Appreciation Awards program and the Manufacturing Boot Camp program. <br />3/18/2019 <br />The Organization's Board of Directors has approved this appli•.t <br />Robert Paugh. Chairman <br />Name of President/Chair of the Board <br />Dori Stone, President <br />nature <br />Name of Exec. Director/CEO 1 2 5 'ignature <br />