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06/7/2016 (3)
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06/7/2016 (3)
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Last modified
4/29/2025 12:09:04 PM
Creation date
9/29/2016 10:25:07 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
06/07/2016
Meeting Body
Board of County Commissioners
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EXHIBIT "B" TO THE JOBS GRANT AGREEMENT <br />BETWEEN INDIAN RIVER COUNTY & <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"All <br />Other Basic Organic Chemical Manufacturing—, NAICS Code #325199. <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 COUNTY: <br />1) 0 # 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) 0 # 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) 25 # 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 />"Gat i `_ <br />`= <br />- <br />- E ualified.=:Tobs <br />�Q <br />= <br />,`y:,Y_;` b: <br />=. _ ---�_Total <br />75% of COUNTY average wage <br />0 <br />$3,000 <br />$0 <br />100% of COUNTY average wage <br />0 <br />$5,000 <br />$0 <br />150% of COUNTY average wage <br />25 <br />$7,000 <br />$175,000 <br />Sub -Total Grant Amount <br />$175,000 <br />*The actual amount of the grant Mll depend upon the actual number oflobs provided and the salary paid for those lobs. <br />In no case shall the total amount of the grant exceed $175,000. <br />F\Community Development\Users\EDplannr\INCENTIVES & FUNDINGVobs Grant Program\Project Treadstone\Agreement\Project Treadstone Jobs Grant <br />Agreement - Draft Revised 5-20-16.doc <br />-12- <br />105 <br />
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