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04/11/2017 (2)
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04/11/2017 (2)
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Last modified
4/29/2025 1:24:35 PM
Creation date
5/22/2017 11:15:06 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
04/11/2017
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 "FinanciaUProfessional Services <br />— Corporate/Regional Headquarters" category. Under the North American Industrial <br />Classification System (NAICS , COMPANY's activities are classified in the category of <br />"Finance and Insurance <br />_", NAICS Code #52 <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) 13 # 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) 2 # 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) 0 # 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 <br />Qualified Jobs <br />Amount per Job Total <br />75% of COUNTY average wage <br />13 <br />$3,000 $39,000 <br />100% of COUNTY average wage <br />2 <br />$5,000 $10,000 <br />150% of COUNTY average wage <br />0 <br />$7,000 $0 <br />Sub -Total Grant Amount <br />$49,000 <br />*The actual amount of the grant wil I depend upon the actual number of jobs provided and the salarypaid for those jobs. <br />In no case shall the total amount of the grant exceed $49,000. <br />F:\Community Development\UsersiEDplaimr\INCENTIVES & FUNDINGUOBS GRANT PROGRAWACTIVE JOBS GRANTS\Confidential Company I- <br />2017fAgcement\Confidential 2017-1 Jobs Gram Algeemem - Name and Contact Info Removed.doc <br />-13- <br />P125 <br />
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