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2014-058
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2014-058
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Last modified
3/13/2017 11:30:58 AM
Creation date
10/1/2015 6:03:35 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/22/2014
Control Number
2014-058
Agenda Item Number
12.A.1
Entity Name
Trueaero, LLC
Subject
Jobs Grant Agreement
Supplemental fields
SmeadsoftID
13106
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EXHIBIT ' B" TO THE JOBS GRANT AGREEMENT <br />BETWEEN INDIAN RIVER COUNTY & TRUEAERO, LLC <br />I. Target Industry Categories eligible for application: <br />COMPANY , qualifies for the jobs grant program under the <br />"Manufacturing/Warehouse/Distribution" category. Under the North American Industrial <br />Classification System (NAICS), COMPANY's activities are classified in the category of <br />`Transportation Equipment and Supplies", NAICS Code #423860. <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) 4 # of new, full-time employees whose annual wages are between 75% and <br />99.9% of Indian River County's average annual wage. <br />2) 6 # of new, full-time employees whose annual wages are between 100% and <br />149.99% of Indian River County's average annual wage <br />3) 3 # of new, full-time employees whose annual wages are 150% or greater of <br />Indian River County's average annual wage <br />III. Grant Amount <br />Category ' f• <br />z. - N <br />Qualified Jobs <br />fl <br />Amountper Job .` <br />... <br />,,:, Total co <br />75% of county average wage <br />4 <br />$3,000 <br />$12,000 <br />100% of county average wage <br />6 <br />$5,000 <br />$30,000 <br />150% of county average wage <br />3 <br />$7,000 <br />$21,000 <br />Sub -Total Grant Amount <br />$63,000 <br />*The actual amount of the grant will depend upon the actual number of jobs provided and the salary paid for those fobs. <br />In no case shall the total amount of the grant exceed $63,000. <br />F:\Community Development\Users\EDplannr\Incentives & Funding\Jobs Grant Program\Confidential - March 2014Vobs Grant Agreement -For Signature.doc <br />
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