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2010-081
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EXHIBIT " B " TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & INEOS NEW PLANET BIOENERGY LLC <br /> (COMPANY) <br /> I . Target Industry Categories eligible for application : <br /> Biomass Energy/Biofuels <br /> II. Employment Commitment : <br /> The COMPANY is receiving this grant based upon its representation that it will bring the <br /> following employment opportunities to Indian River County : <br /> 1 ) 10 # of new, full -time employees whose annual wage is between 75 % and 99 . 9% <br /> of Indian River County' s average annual wage . <br /> 2 ) 0 # of new, full -time employees whose annual wage is between 100% and <br /> 149 . 99 % of Indian River County ' s average annual wage <br /> 3 ) 40 # of new, full -time employees whose annual wage is 150 % or greater of <br /> Indian River County ' s average annual wage <br /> III . Grant Amount <br /> Category Qualified Amount Per Total <br /> Jobs Job <br /> 75 % to 99 . 9 % of Indian River County Average Annual 10 $ 3 , 000 <br /> Wage $ 30 , 000 <br /> 100% to 149 . 99 % of Indian River County Average 0 $ 53000 <br /> Annual Wage $ 0 <br /> 150 % or greater of Indian River County Average 40 $ 7 , 000 <br /> Annual Wage $ 2803000 <br /> Total 50 $ 310 , 000 * <br /> * The actual amount of the grant will depend upon the actual number of jobs provided and the salary paid for those jobs . <br /> In no case shall the total amount of the grant exceed $ 310 , 000 . <br /> FACommunity Development\Users\EDplannr\Incentives & FundingUobs Grant Program\INEOS New Planet Energy\Job Grant Agreement. doe <br /> - 11 - <br />
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