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Agenda - Economic Development Authority - 02/08/2024
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Agenda - Economic Development Authority - 02/08/2024
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3/14/2025 11:55:34 AM
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2/6/2024 1:53:06 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
02/08/2024
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E. Ratio Of Business Assistance To New Jobs Created: Points: 2 <br /> $ 1,500,000 Business assistance requested $5,000 or less 5 <br /> 43 Number of net new jobs created $15,000 or less 4 <br /> $ 34,883 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: 5 <br /> The project will result in the construction 751000+ 5 <br /> Of 105,000 square feet 501000+ 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 1 <br /> H. Likelihood that the project will result in unsubsidized, spin-off <br /> development: Points: <br /> High 5 <br /> Moderate 3 <br /> x Low 1 <br /> �. 5 <br /> 4 <br /> 4 <br /> 2 <br /> 5 <br /> 5 <br /> 1 <br /> Sub-Total Points 26 of a possible 35 points. <br /> Bonus Points Bonus Points: 3 <br /> The project will be 100%pay-as-you-go financing. 3 <br /> The project is a redevelopment project. 3 <br /> Total Points: 29 <br /> Overall project analysis: High 3 5 points <br /> Moderate 25 points <br /> Low 15 points <br /> Not Eligible 5 points <br />
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