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Agenda - Economic Development Authority - 12/08/2022
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Agenda - Economic Development Authority - 12/08/2022
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3/14/2025 12:47:11 PM
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12/2/2022 11:22:10 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
12/08/2022
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E. Ratio Of Business Assistance To New Jobs Created: Points: 2 <br /> $ 617,454 Business assistance requested $5,000 or less 5 <br /> 21 Number of net new jobs created $15,000 or less 4 <br /> $ 29,406 of business assist. per net new job created $25,000 or less 3 <br /> $50,000 or less 2 <br /> Over $75,000 1 <br /> F. Project size: Points: 4 <br /> The project will result in a building size of 57,527 square feet 75,000+ 5 <br /> 82 units 50,000+ 4 <br /> 25,000+ 3 <br /> 10,000+ 2 <br /> 5,000 or less 1 <br /> G. Type of Project: Points: 5 <br /> x 100% Owner Occupied 5 <br /> Mix Owner Occupied & Investment 3 <br /> Investment Property I <br /> H. Likelihood that the project will result in unsubsidized, spin-off <br /> development: Points: 4 <br /> x High 5 <br /> Moderate 3 <br /> Low I <br /> I. <br /> 4 <br /> 4 <br /> 4 <br /> Sub-Total Points 28 of a possible 35 points. <br /> Bonus Points Bonus Points: 1.5 <br /> The project will be 100%pay-as-you-go financing. 3 <br /> The project is a redevelopment project. 3 <br /> Total Points: 29.5 <br /> Overall project analysis: High 35 points <br /> Moderate 25 points <br /> Low 15 points <br /> Not Eligible 5 points <br />
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