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Agenda - Economic Development Authority - 11/13/2008
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Agenda - Economic Development Authority - 11/13/2008
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3/25/2025 3:10:22 PM
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11/7/2008 10:26:23 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
11/13/2008
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<br /> <br />", - --.-- <br />~:':""_2:'",""_",:",,:; ="~::'_~.~'':'-~:.': _ ~ _..-:....:::.::.5;.. -'_ __~.:::..:.';.:____~~ ;__:-' ~:...::.._= ~ -'...~:;-~-:5:.;;:">;;:;;;_":';"::'~ -. -' .- - <br /> <br />EXHIBIT B <br />BUSINESS ASSISTANCE REVIEW WORKSHEET <br />FOR COMMERCIAL/INDUSTRIAL PROJECTS <br />TO BE COMPLETED BY APPLICANT AND CITY STAFF <br /> <br />A. The project meets which ofthe following objectives as set forth in Section C ofthe Business <br />Assistance. policy: <br /> <br />o <br />o <br />o <br />o <br />o <br />o <br /> <br />1. To encourage redevelopment. <br />2. To retain local jobs and/or increase the number and diversity of jobs that offer stable <br />employment and/or attractive wages and benefits. . <br /> <br />3. To enhance and/or diversify the City's economic base. <br /> <br />4. To encourage additional unsubsidized private (re )development. <br /> <br />5. To remove blight and/or encourage ere )development of commercial and industrial <br />areas. <br />6. To accomplish other public policies which may be adopted such as the promotion of <br />quality urban or architectural design, energy conservation, and decreasing capital <br />and/or operating costs of local government. <br />. .Utilization of architectural and landscaping techniques that will enable the <br />components of the project to blend with the natural enviromnent. <br /> <br />. Mitigation of projectimpact on the natural enviromnent. <br /> <br />Points: <br />5:1 --s- <br />4:1.~ <br />3:1~ <br />2:1 2 <br />Less than 2:1 -r- <br /> <br />B. Ratio of Private to Public Investment in Project: <br />$ Private Investment <br />$ . Public Investment <br />Ratio Private: Public Financing <br /> <br />C. Job Creation: <br /> <br />Points: <br /> <br />Net new jobs (minimum 40 hours per week) or <br />fulltime equivalents <br /> <br />50+ 5 <br />20+~ <br />10+~ <br />5+~ <br />Less than 2 -r- <br /> <br />Points: <br />Over $21/hour --s- <br />$18-21/hour:~ <br />$14-17/hour ~ <br />$10-13/hour ~ <br />Under $10/hour 1 <br /> <br />D. Wage Level of jobs created: <br />Average hourly wage <br />Of new jobs <br /> <br />28 <br />
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