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2010-081
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2010-081
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Last modified
2/9/2016 4:21:41 PM
Creation date
10/1/2015 2:08:27 AM
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
03/23/2010
Control Number
2010-081
Agenda Item Number
12.A.1.
Entity Name
INEOS New Planet BioEnergy LLC
Subject
Local Jobs Grant
Supplemental fields
SmeadsoftID
9627
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less than required for that year, COUNTY will lower the jobs grant award for <br /> the respective year . Thus by the end of this Agreement, the total jobs grant <br /> award could be less than $ 310 ,000 . <br /> b . Performance Evaluation for Payment . COMPANY ' s performance evaluation <br /> will be conducted on an annual basis by the information provided on the <br /> State ' s Quarterly Unemployment Compensation Report (UCT- 6 form) . <br /> COMPANY shall supply additional documentation to COUNTY , in a form <br /> acceptable to COUNTY, showing that positions for which jobs grant funds <br /> will be awarded are filled by people who live in the general area/region and <br /> listing the type of position filled by each employee . <br /> The Grant eligibility determinations will cover one year periods for each of <br /> the Phases , with each yearly period ending as follows : <br /> Phase Grant Eligibility Determinations <br /> 1st 2nd 3rd final <br /> I January 31 , 2012 January 31 , 2013 January 31 , 2014 <br /> II December 31 , 2012 December 31 , 2013 December 31 , 2014 <br /> ( i) Each job must meet the minimum wage requirements specified in this <br /> Agreement . Payment of Grant funds shall be made within forty -five (45 ) <br /> days after the date COMPANY submits the latest State Quarterly <br /> Unemployment Compensation Report comprising the Annual Job Status <br /> Report (as defined in Paragraph 7 ) , and this payment obligation shall survive <br /> the termination of this Agreement . Notwithstanding the foregoing, should the <br /> date for filing the last quarterly unemployment compensation report, as <br /> described above , not coincide with the date that an eligibility determination is <br /> made , COMPANY shall have the right to file a report, in a form substantially <br /> similar to a quarterly unemployment compensation report, and such report <br /> shall constitute the Annual Job Status Report, the filing of which shall begin <br /> the running of the forty- five (45 ) -day period within which payment shall be <br /> made . <br /> If COMPANY is awarded a Qualified Target Industry (QTI) Tax Refund <br /> and/or a Brownfield Redevelopment Bonus Refund from the state of Florida, <br /> County will reduce the local jobs grant amount paid directly to COMPANY <br /> for each eligibility determination in an amount sufficient to cover COUNTY' s <br /> QTI Tax Refund and/or Brownfield Redevelopment Bonus Refund 20% <br /> contribution obligation to the state for COMPANY' s QTI Tax Refund and/or <br /> Brownfield Redevelopment Bonus Refund agreement . COUNTY will submit <br /> the 20% payment obligation to the state for placement in the Florida <br /> Economic Development Trust Fund . <br /> -4 - <br />
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