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Community Development Director Bob Keating reviewed the jobs grant critena and <br />qualifications of Triton Submarines, LLC for a Local Jobs Grant. He affirmed that staff has <br />performed its due diligence and conveyed that the Economic Development Council (EDC), as <br />well as staff, recommends that the Board approve the jobs grant in an amount of up to <br />$94,000.00. <br />Helene Caseltine, Economic Development Director, Indian River Chamber of <br />Commerce, spoke to the advantages of having Triton Submarines in the community. <br />Patrick Lahey, President, Triton Submarines, invited the Commissioners and public to <br />visit the company at State Road 60 and 90th Avenue. <br />MOTION WAS MADE by Commissioner Solari, <br />SECONDED by Chairman Flescher, to approve staff's <br />recommendation. <br />Director Keating, m response to Commissioner Solari's request, agreed to provide the <br />Board with an updated jobs grant spreadsheet. <br />The Chairman CALLED THE QUESTION, and the <br />Motion carried unanimously. The Board (1) approved a <br />Local Jobs Grant of up to $94,000 for Triton Submarines, <br />LLC; and (2) authorized the Chairman to execute the Jobs <br />Grant Agreement with same after approval of the <br />agreement by appropriate County staff and the County <br />Attorney's office, as recommended in the memorandum of <br />March 19, 2013. <br />AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />Apri12, 2013 13 <br />Bi 143 PG 669 <br />