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12.A.1. CONSIDERATION OF A REQUEST FROM NYLACARB CORPORATION FOR A <br />LOCAL JOBS GRANT <br />Director Keating presented background on Nylacarb Corporation's ("Nylacarb") request <br />for a local fobs grant to expand their plastics infection molded products company, which is <br />located on 98th Avenue, south of State Road 60. He revealed that the company currently <br />employs 30 people and plans to hire 12 more workers. He thereafter conveyed the <br />recommendations of the Economic Development Council (EDC) and staff for the Board to <br />approve the jobs grant in an amount not to exceed $38,000. <br />Scott Cooley, Nylacarb Corporation, relayed that Nylacarb has been operating in Indian <br />River County since 1987, and invited questions from the Board. <br />Vice Chairman O'Bryan observed that it was nice to see the Jobs Grant Program <br />benefitting an old, established business. He recalled that the County had not been too receptive <br />when the company first came to the County, and hoped Nylacarb would notice a favorable <br />change in the County's attitude. <br />ON MOTION by Commissioner Davis, SECONDED by <br />Commissioner Flescher, the Board unanimously approved: <br />(1) a local jobs grant of up to $38,000 for Nylacarb <br />Corporation; and (2) authorized the Chairman to execute <br />the Jobs Grant Agreement with Nylacarb Corporation after <br />approval of the agreement by appropriate County staff and <br />the County Attorney's office, as recommended in the <br />memorandum of May 11, 2012. <br />AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />12.B. EMERGENCY SERVICES - NONE <br />May 22, 2012 17 <br />B( 142 PG 491 <br />