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EXHIBIT B <br /> BUSINESS ASSISTANCE REVIEW WORKSHEET <br /> FOR COMMERCIAL/INDUSTRIAL PROJECTS <br /> TO BE COMPLETED BY APPLICANT AND CITY STAFF <br /> A. The project meets which of the following objectives as set forth in Section C of the Business <br /> Assistance policy: <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 /> ® 3. To enhance and/or diversify the City's economic base. <br /> ® 4. To encourage additional unsubsidized private (re)development. <br /> x❑ 5. To remove blight and/or encourage (re)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 environment. <br /> ■ Mitigation of project impact on the natural environment. <br /> B. Ratio of Private to Public Investment in Project: Points: 5 <br /> $ 17,700,489 Private Investment 5:1 5 <br /> $ 984,511 Public Investment 4:1 4 <br /> 18:1 Ratio Private : Public Financing 3:1 3 <br /> 2:1 2 <br /> Less than 2:1 1 <br /> Points: 4 <br /> 22 Net new jobs (minimum 40 hours per week) or <br /> fulltime equivalents 50+ 5 <br /> 20+ 4 <br /> 10+ 3 <br /> 5+ 2 <br /> Less than 2 1 <br /> D. Wage Level of jobs created: Points: 4 <br /> Average hourly wage Over $21/hour 5 <br /> Of new jobs $18.22 $18-21/hour 4 <br /> $14-17/hour 3 <br /> $10-13/hour 2 <br /> Under $10/hour 1 <br />