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Page three <br /> <br />the type of industry as a further diversification of the county's business base <br /> <br />the size and scope of the project based upon investment in site development, facilities, <br />buildings and other business infrastructure inclusive of technology <br /> <br />the diversity, quality and quantity of jobs created by a project and the availability of labor <br />inclusive of job retention and retraining opportunities <br /> <br />the relationship between workforce development and total project investment <br /> <br />the potential for future expansion of investment and employment <br /> <br />site specific issues impacting upon public infi:astructure <br /> <br />actions that if pursued, stimulate development in areas of the county deemed beneficial <br /> <br />the ratio of investment in real versus personal property assets <br /> <br />the environmental impact of the project <br /> <br />issues of significant importance related to a particular project <br /> <br />III. PROJECT QUALIFICATIONS <br />A primary intent of the INDUSTRIAL DEVELOPMENT GRANT PROGRAM is to expand and <br />diversify the county's property tax base. Minimum investment and employee wage factor criteria <br />may be established as a requirement for consideration and award of a grant for eligible projects. <br />These criteria are used as guidelines in project evaluations. They may be expanded upon or added <br />to for a specific project and incorporated in the terms of the formalized grant award agreement <br />between the participants. <br /> <br />Minimum total project investment (based upon the estimated project real and personal <br />property assessments to be confirmed by the county assessor) <br /> <br />~$Snall Cbrporate Headquarters grant category - $3 million <br />Level 1-grant category - $ 5 million <br />Level 2 grant category - $50 million <br />Level 3 grant category - $100 million <br /> <br />Level 1 grant - a grant award based upon a project's estimated t~ revenue generation value, <br />calculated to equate to approximately ¢-565% of the value of real and personal property tax <br />revenue value anticipated to be generated by the project. The value for real property <br />investments shall be calculated based on a period of five (5) consecutive years with the value <br /> <br /> <br />