Resolution - #09-01-009 - 01/13/2009

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Section 4: Goals and Public Pur ose Identified in the A reement . 28. Minn. Stat. ~116J.994 requires thatbusiness subsidy and fIDancial assistance agreements state a public purpose. Which of the following public purposes were stated in the agreement? (Mark all that apply.) . Cl Enhancing economic diversity Cl Creating high-quality job growth Cl Job retention Cl Stabilizing the community Cl Increasing tax base (cannot be only purpose) Cl Other (please specify) 29. Indicate whether the agreement includeq the following types of goals, and whether the recipient had attained those goals at the time of this report. (Fill in the boxes and attainment daters) for each goal.) C) Other wage goals Goals Target attainment. All goals established? dates (month & year) attained? Cl Yes DNo DYes DNo DYes DNo DYes DNo DYes DNo DYes ClNo Cl Yes .DNo DYes DNo A) Specific wage andjob goals to be attained within 2 years B) Other job-creation and/or retention goals D) Goals other than wage an(ijob goals rogress toward attainment (ifnot documented in Questions 30 and 31.) 30. For each of the following wage categories, indicate the (new) job creation and/or retention goals stated in the agreement and the average hourly value of any employer-provided benefits goals for those jobs. (Full-time jobs are defmed as new, permanent, non seasonal positions created subsequent to the business subsidy agreement ii1 which employees are scheduled to work on average at least a 35 hour work week; Part-time is defined as anew job in which an employee works for the recipient ata rate less than 35 hours per week within a recipient location). Job retention IS defined as jobs at a specific wage level that exist prior to the signing of the business subsidy agreement. There mi.1st be evidence that the retained jobs will be lost without business assistance or where job loss is specific and demonstrable. Hourly Wage '(excluding benefits) A. (New) Full-time B. (New) Part-time Job Creation Job Creation C. Job Retention Hourly Value of Total Jobs . Hourly Value of Non-Health (A+B+C) Health Insurance Insurance Benefits no hourly wage-level goal . $ $ less than $7.00 $ $ $7.00 to $8.99 $ $ $9.00 to $10.99 $ $ . $11.00 to $12.99 $ $ $13.00 to $14.99 $ $ $15.00 to $16.99 $ $ $17.00 to $18.99 $ $ $19.00 to $20.99 $ $ $21.00 to $22.99 $ $ $23.00 to $24.99 $ $ $25.00 to $26.99 $ $ $27.00 to $28.99 $ '$ $29.00 to $30.99 $ $ $31.00 and higher $ $ Minnesota Business Assistance Form (3/25/08) Page 3 of5 Dept. of Employment and Economic Development