Laserfiche WebLink
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 />Y <br />1.To encourage redevelopment. <br />Y <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 />Y <br />3.To enhance and/or diversify the City's economic base. <br />Y <br />4.To encourage additional unsubsidized private (re)development. <br />5.To remove blight and/or encourage (re)development of commercial and industrial <br />areas. <br />Y <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: <br />6 <br />257-325-843 <br />$Private Investment5:15 <br />22-47:-6:5 <br />$Public Investment4:14 <br />23/97;2 <br />Ratio Private : Public Financing 3:13 <br />2:12 <br />Less than 2:11 <br />C.Job Creation:Points: <br />4 <br />Net new jobs (minimum 40 hours per week) or <br />27/3 <br />fulltime equivalents50+5 <br />20+4 <br />10+3 <br />5+2 <br />Less than 21 <br />D.Wage Level of jobs created:Points: <br />6 <br />Average hourly wageOver $21/hour5 <br />%38/11 <br />Of new jobs$18-21/hour4 <br />$14-17/hour3 <br />$10-13/hour2 <br />Under $10/hour1 <br />