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9/30/2015 10:42:36 PM
Official Document Type
Agenda Item Number
IRC Jobs Grant Agreement
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200 - 121 <br /> INDIAN RIVER COUNTY JOBS GRANT AGREEMENT <br /> THIS AGREEMENT is made on the 10`h day of April, 2007 by and between Indian River <br /> County, a political subdivision of the State of Florida, by and through its Board of Commissioners, <br /> hereinafter referred to as the COUNTY, and Girard Equipment, a corporation authorized to do <br /> business in the State of Florida, hereinafter referred to as the COMPANY, whose Federal I .D. <br /> Number is 22- 1752456 . <br /> WITNESSETH: <br /> WHEREAS, it is the policy of the COUNTY to stimulate economic growth in Indian River <br /> County, by either attracting new businesses to Indian River County or by encouraging the expansion <br /> of existing businesses within Indian River County; and <br /> WHEREAS, the creation of new employment opportunities for residents of Indian River <br /> County and the increased tax revenues resulting from such business expansion or relocation within <br /> Indian River County is beneficial to the local economy; and <br /> WHEREAS, the COUNTY has determined that offering a Jobs Grant Program encourages <br /> either businesses to expand within or new businesses to locate in Indian River County and thereby <br /> creates new employment opportunities for the residents of Indian River County; and <br /> WHEREAS, Indian River County, through its Board of County Commissioners, has created <br /> a local Jobs Grant Program and Fund; and <br /> WHEREAS, the COMPANY, in accordance with the county' s Jobs Grant Program criteria, <br /> will relocate to Indian River County and expand its existing business in Indian River County to <br /> create new employment opportunities that pay at or above Indian River County' s average wage level; <br /> and <br /> WHEREAS, the COMPANY has been determined to be eligible to receive a Jobs Grant; and <br /> WHEREAS, the COMPANY acknowledges that this Agreement shall be based upon proven <br /> performance of the requirements of these grant procedures; and, <br /> WHEREAS, the COUNTY finds and declares that it is in the public interest to award a Jobs <br /> Grant to the COMPANY pursuant to the terms of this Agreement. <br /> NOW, THEREFORE, in consideration of the premises and mutual covenants hereinafter <br /> contained, the parties do agree as follows : <br /> 1 . Definitions . As used in this Agreement, the following terms shall mean : <br /> - 1 - <br />
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