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Agenda - Economic Development Authority - 08/14/2025
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Agenda - Economic Development Authority - 08/14/2025
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9/8/2025 8:46:53 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Date
08/14/2025
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E. Ratio Of Business Assistance To New Jobs Created: <br />$ 360,000 Business assistance requested <br />55 Number of net new jobs created <br />$ _ 6,545 of business assist. per net new job created <br />F. Project size: <br />The project will result in the construction <br />of 55,000 square feet <br />G. Type of Project: <br />X 100% Owner Occupied <br />Mix Owner Occupied & Investment <br />Investment Property <br />H. Likelihood that the project will result in unsubsidized, spin-off <br />development: <br />High <br />Moderate <br />Low <br />Sub -Total Points 29 of a possible 35 points. <br />Points: 4 <br />$5,000 or less 5 <br />$15,000 or less 4 <br />$25,000 or less 3 <br />$50,000 or less 2 <br />Over $75,000 1 <br />4 <br />75,000+ 5 <br />50,000+ 4 <br />25,000+ <br />10,000+ 2 <br />5,000 or less 1 <br />Bonus Points Bonus Points: <br />The project will be 100% pay-as-you-go financing. <br />The project is a redevelopment project. <br />Total Points; 32 <br />Overall project analysis: <br />High <br />Moderate <br />Low <br />Not Eligible <br />35 points <br />25 points <br />15 points <br />5 points <br />Points: <br />Points: 5 <br />5 <br />3 <br />Points: <br />3 <br />3 <br />3 <br />
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