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2008-131
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2008-131
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Last modified
3/30/2016 11:30:57 AM
Creation date
10/1/2015 12:07:51 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/28/2008
Control Number
2008-131
Agenda Item Number
4.A.
Entity Name
Piper Aircraft, Inc.
Subject
Closing Fund Agreement
Supplemental fields
SmeadsoftID
6997
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GENERAL PROJECT OVERVIEW <br /> To add text outside of the gray fields or click the statutory reference link, de-select the "Protect Form" <br /> (lock) button on the Forms toolbar. <br /> C. What is the anticipated annualized average wage (excluding <br /> benefits) of the new to Florida jobs created as part of this <br /> project? (Cash payments to the employees such as performance bonuses <br /> and overtime should be included . The wage reported here is only an estimate <br /> of the average wage to be paid and will not be used in the certification , <br /> agreement, and claim evaluation process . ) See exhibit A <br /> D. What is the annualized average value of benefits associated with <br /> each new job created as part of this project? See exhibit A <br /> E. What benefits are included in this value? (health insurance , 401 (k) contributions , <br /> vacation and sick leave, etc. ) <br /> We are working to quantify the total value of benefits to be provided to new employees , <br /> who will receive the full range of benefits now provided by the Company, including : <br /> • Health insurance : Blue Cross/Blue Shield of Florida ( Plan 708 ) <br /> • Dental benefits <br /> • Life Insurance with MetLife <br /> • Short- and long-term disability benefits <br /> • 401K Plan throw h MassMutual <br /> 4. CAPITAL INVESTMENT OVERVIEW <br /> A. Describe the capital investment in real and personal property (Examples : <br /> construction of new facility; remodeling of facility; upgrading, replacing , or buying new <br /> equipment. Do not include the value of land purchased for construction of a new building ): <br /> PLEASE SEE EXHIBIT B <br /> B. Will this facility be : <br /> ❑ Leased space with renovations or build out <br /> ❑ Land purchase and construction of a new building <br /> ❑ Purchase of existing building (s) with renovations <br /> ❑ Addition to existing building(s ) (already owned) <br /> ® Other ( please describe in 4A above) SEE EXHIBIT B. <br /> C. List the anticipated amount and type of major capital investment to be made by <br /> the applicant in connection with this project: (attach separate schedule if investment <br /> will be made over more than three years ) <br /> PLEASE SEE EXHIBIT B <br /> Year 1 Year 2 Year 3 <br /> Land $ $ $ <br /> Construction / Renovations <br /> Manufacturing Equipment <br /> R& D Equipment* <br /> Other Equipment (computer <br /> equipment, office furniture, etc. <br /> Total Capital Investment <br /> D. What is the estimated square footage of the new or The current facility is <br /> expanded facility? 715 , 000 s.f. At this time , <br /> Page 5 of 15 <br />
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