HomeMy WebLinkAbout2009-180RESOLUTION NO, 2009-180
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF
INDIAN RIVER COUNTY, FLORIDA; RECOMMENDING TO
ENTERPRISE FLORIDA THAT EMINDFUL INC. BE APPROVED AS A
QUALIFIED TARGET INDUSTRY PURSUANT TO s.288.106, FLORIDA
STATUTES; AND PROVIDING AN APPROPRIATION OF UP TO
S5509000 AS PART OF A LOCAL JOBS GRANT PROGRAM FOR LOCAL
PARTICIPATION IN THE QUALIFIED TARGET INDUSTRY TAX
REFUND PROGRAM, AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the business under consideration, EMindful Inc., is a corporate headquarters
of an internet based integrative healthcare provider; and
WHEREAS, EMindful Inc. is an industry targeted by the State of Florida and Indian
River County for new high -wage job creation; and
WHEREAS, EMindful Inc. is considering locating its corporate headquarters in Indian
River County; and
WHEREAS, EMindful Inc. is also considering alternative sites in the states of Ohio, and
Arizona, areas which are also offering location incentives; and
WHEREAS, EMindful Inc. presently employs employees in multiple states; and
WHEREAS, EMindful Inc. is planning to create up to one hundred (100) additional full-
time equivalent new jobs in Indian River County and the average wage for the additional jobs
will exceed the area's average wage; and
WHEREAS, EMindful Inc. has prepared an application for a grant under the State of
Florida's Qualified Target Industry (QTI) Tax Refund Program; and
WHEREAS, the State of Florida's QTI grant program requires a 20% local government
match for a business to qualify for the state's QTI grant; and
WHEREAS, EMindful Inc. has submitted an application for a local jobs grant; and
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RESOLUTION NO. 2009 -180
WHEREAS, the EMindful Inc. local jobs grant application meets all applicable county
requirements.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA that the Board of County
Commissioners hereby recommends to Enterprise Florida that EMindful Inc. be approved as a
Qualified Target Industry Business pursuant to s.288.106, Florida Statutes, and
BE IT FURTHER RESOLVED that the Board of County Commissioners hereby agrees
to make the necessary commitment of local financial support in the amount of $152,000 for
EMindful's application for the Qualified Target Industry Tax Refund Program. If eMindful
qualifies for a higher amount of QTI funds, the County will pay up to $550,000. Payment is
proposed to be made in the following increments: State FY 2010-11, State FY 2011-12, State FY
2012-13, State FY 2013-14, and State FY 2014-15, or as otherwise required by the State. Funds
are to be paid to the Florida Economic Development Trust Fund with the stipulation that these
funds are intended to represent the "local participation" required by s.288.106, Florida Statutes.
The foregoing Resolution was offered by Commissioner Davi s
and
second by Commissioner Wheel er , and being put to vote, the vote was
as follows:
Peter D. O'Bryan, Chairman Aye
Bob Solari, Vice Chairman Absent
Wesley S. Davis, Commissioner Aye
Gary C. Wheeler, Commissioner Aye
Joseph E. Flescher, Commissioner Aye
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RESOLUTION NO. 2009 -180
The chairman thereupon declared the resolution duly passed and adopted this 1 s
day of December , 2009.
Date: December 1 , 2009
BOARD OF COUNTY COMMISSIONERS`.-
OF
OMMISSIONERS .;OF INDIAN RIVER COUNTY
Peter D. O'Bryan, Chairman
ATTEST BY: ��� �. G
Jeffrey K. Barton, Clerk
APPROVED AS TO FORM AND LEGAL SUFFICIENCY
William G. Collins 11, County Attorney
FACommunity Development\Users\EDplannr\Incentives & Funding\.Iobs Grant Program\eMindful\QTI RGSOI emindful.doc
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