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Agenda - Economic Development Authority - 05/14/2026
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Agenda - Economic Development Authority - 05/14/2026
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5/13/2026 9:46:48 AM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Economic Development Authority
Document Title
05/14/2026
Document Date
05/08/2026
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E. Ratio Of Business Assistance To New Jobs Created: Points: 1 <br />$ 2,481,545 Business assistance requested $5,000 or less 5 <br />30 Number of net new jobs created $15,000 or less 4 <br />$ 82.718 of business assist. per net new job created $25,000 or less 3 <br />F. Project size: <br />The project will result in the construction <br />of 110,038 square feet <br />$50,000 or less 2 <br />Over $75,000 1 <br />Points: 5 <br />75,000+ 5 <br />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 />5 100% 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: 3 <br />High 5 <br />X Moderate 3 <br />Low 1 <br />I. <br />Sub -Total Points 28 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: 31 <br />Overall project analysis: <br />High 35 points <br />Moderate 25 points <br />Low 15 points <br />Not Eligible 5 points <br />
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