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12 . DEPARTMENTAL MATTERS <br /> 12.A. COMMUNITYDEVELOPMENT <br /> 12.A. 1. CONSIDERATION OFA REQUEST FOR A LOCAL JOBS GRANT BYA <br /> TARGET INDUSTRY COMPANY MuDGEVINE• INC. ) <br /> Community Development Director Robert Keating provided background on Bridgevine, <br /> Inc . ' s request for a local jobs grant. He stated that Bridgevine is an existing information <br /> technology company that intends to create 25 new jobs, which are all eligible for the jobs grant. <br /> He revealed that County staff and the Chamber of Commerce have performed the due diligence <br /> process and found no indications that the company should not receive the grant . He thereafter <br /> confirmed that in accordance with the Economic Development Council, staff recommends that <br /> the Board approve the local jobs grant to Bridgevine, in the amount of $ 129,000, and authorize <br /> the Chairman to execute the agreement after approval by appropriate County staff and the <br /> l County Attorney ' s office . <br /> Helene Caseltine, Economic Development Director, Indian River County Chamber of <br /> Commerce, 1216 21 sc Street; revealed that Bridgevine has been in the community for about 10 <br /> years, as well as maintaining an office in Atlanta. She stated that with the jobs that will be <br /> created, over $ 1 million in paychecks will be circulating in the local economy . <br /> Terence Channon, representing Bridgevine, through a PowerPoint presentation, <br /> provided an overview of his company. He said that clients include Comcast, AT&T, ADT <br /> Security, and Bounce Energy, and explained how Bridgevine helps them attract customers . <br /> Commissioner Davis discussed with Mr. Channon the opportunities for local residents to <br /> find jobs with Bridgevine . Mr. Channon relayed the company ' s intention to hire local residents, <br /> and said that employment information is available at their website, http ://bridgevine . com. <br /> Commissioner Flescher endorsed Bridgevine as a great place to work, and voiced his <br /> support for the jobs grant. <br /> rPIG <br /> U <br /> 1428' 28 <br /> August 21 , 2012 29 <br />