After many many months of mostly closed door negotiations, the Indian River County Commission voted unanimously this morning to offer Piper the financial incentive package that Piper acknowledged will keep the aircraft company here in Vero Beach, Florida. This means that we will retain the nearly 1,000 current jobs and the agreement also commits Piper to build the new Piper-Honda personal jet and other new projects such as Matrix here in Vero Beach. Piper will add at least 400 new jobs to receive the incremental payments of $12 million local funds and $20 million additional state funds.
The formal announcement of Piper's acceptance of the offer appears to be only a formality at this point and will occur with all dignitaries present including Florida Governor Crist before June 30, 2008.
Visit our website for more detailed information and many photos of the meeting this morning April 28, 2008 with members of the County Commission and Piper officials. These will be posted as soon as possible. www.MyVeroBeachRealEstate.com
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