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<br />WHEREAS, <br /> <br />the CITY and the COUNTY have enacted Jobs Growth <br /> <br />Incentive Ordinances and have the fiscal capacity to conduct and <br /> <br />accomplish the programs relating thereto; and <br /> <br />WHEREAS, Dynafire, Inc., hereinafter referred to as "COMPANY", <br /> <br />will expand its business in the COUNTY and the CITY and thereby create <br /> <br />certain full-time employment opportunities at a certain average salary <br /> <br />level and to make certain capital investments all in accordance with <br /> <br />the COUNTY's Economic Development Strategy, the COUNTY's Economic <br /> <br />Development Element, and the COMPANY's Jobs Growth Incentive Grant <br /> <br />Application, and the COUNTY's Jobs Growth Incentive Ordinance; and <br /> <br />WHEREAS, the COMPANY is proposing the purchase and renvoation of <br /> <br />an office facility consisting of 12,330 square feet, including new <br /> <br />equipment, at their location in Seminole County at an approximate cost <br /> <br />of <br /> <br />ONE <br /> <br />~IILLION <br /> <br />TWO <br /> <br />HUNDRED <br /> <br />THOUSAND <br /> <br />AND <br /> <br />NOIlOO <br /> <br />DOLLARS <br /> <br />($1.200,000.00) , <br /> <br />which <br /> <br />sum <br /> <br />represents <br /> <br />a <br /> <br />significant <br /> <br />capital <br /> <br />investment; and <br /> <br />WHEREAS, the new jobs created and capital investment made by the <br /> <br />COMPANY will make the project economically viable in terms of Seminole <br /> <br />County's and the City of Casselberry's economic development; and <br /> <br />WHEREAS, the COMPANY is eligible to receive Job Growth Incentive <br /> <br />Grants from the COUNTY and the CITY; and <br /> <br />WHEREAS, the COUNTY and the CITY find and declare that i. t is in <br /> <br />the public's best interest and serves a public purpose to award a <br /> <br />grant and/or other assistance to the COMPANY pursuant to the terms of <br /> <br />this Agreement; and <br /> <br />2 <br />