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to hire about 25 employees , which qualifies them for a local jobs grant of up to $ 169 , 000 . 00 . <br /> The money will be paid out in three (3 ) phases over a five (5 ) year period, starting one year after <br /> the jobs in that phase are created . <br /> Helene Caseltine, Economic Development Director for the Indian River County <br /> Chamber of Commerce, expressed delight that SMI Telecom, LLC is considering moving to <br /> Indian River County, and attributes that to NetBoss CEO Jim Odom for promoting his <br /> company ' s recent move to this County. She thereafter introduced Phil Brooks , CEO of SMI <br /> Telecoms . <br /> Phil Brooks , CEO , SMI Telecoms , LLC , using a PowerPoint presentation (on file) <br /> provided an overview of his company, his product portfolio , growth plans within the United <br /> States, and why Indian River County was considered . <br /> Commissioner O ' Bryan welcomed and thanked Mr. Brooks for the decision to locate his <br /> national headquarters in Sebastian . He said economic development involves a lot of hard work • <br /> with a lot of baby steps, and it is starting to come into fruition with local businesses <br /> recommending and recruiting other businesses . <br /> ON MOTION by Commissioner O ' Bryan, SECONDED <br /> by Vice Chairman Wheeler, the Board unanimously <br /> approved a local jobs grant of up to $ 169 ,000 for SMI <br /> Telecoms, LLC , and authorized the Chairman to execute <br /> the Jobs Grant Agreement after approval of the Agreement <br /> by appropriate County staff and the County Attorney ' s <br /> office, as recommended in the memorandum of June 22 , <br /> 2011 . <br /> AGREEMENT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br /> i <br /> July 5 , 2011 16 O 141 PG O 9 0 <br />