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2012-105A
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2012-105A
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EXHIBIT " B " TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & COMPANY <br /> le Target Industry Categories eligible for application : <br /> COMPANY qualifies for the jobs rant rogram under the <br /> W <br /> cturin r/Warehouse/Distribution Category . <br /> IIe 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 ) N/A # 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) 48 # 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 ) 4 # 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 /> .Yobs Grant Amount If Company Locates Within Indian River County <br /> Category ualified Jobs Base Grant Amount Per Job Total Grant <br /> 75 % to 99 . 9% of Indian River <br /> --- ---- ---- <br /> County Average Annual Wage <br /> 100% to 149 . 99 % of Indian River 48 $ 5 , 000 $240 , 000 <br /> County Average Annual Ware <br /> 150% or greater of Indian River 4 $ 7 , 000 $28 , 000 <br /> County Average Annual Wage <br /> Sub- Total 52 $268,000 <br /> 10 % additional grant if located <br /> within Indian River County/Vero $261800 <br /> Beach Enterprise Zone <br /> $294 ,800 <br /> Total <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 $294 , 800 . <br /> F :AConuwmity DevelopmentAUsersU DplannrAIncentives & Funding\Jobs Grant Program\confidential company\CONFIDFNTIAI , Jobs Grant Abiecment - For <br /> Signature . doc <br /> - 11 - <br />
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