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2017-146
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2017-146
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Last modified
10/10/2017 2:31:15 PM
Creation date
10/6/2017 1:13:44 PM
Metadata
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Template:
Official Documents
Official Document Type
Agreement
Approved Date
10/03/2017
Control Number
2017-146
Agenda Item Number
12.A.1.
Entity Name
ACS Financial LLC
Subject
Jobs Grant Agreement
Area
Tax Resolution Service
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COMPANY's performance evaluation will be conducted on an annual basis using <br /> the information provided on the Quarterly Reemployment Compensation Report <br /> (RT-6 form) and COMPANY's quarterly updates to its employee census. Each <br /> updated employee census must include the information referenced above plus the <br /> date of termination for each employee (if the employee terminates employment <br /> with the COMPANY).COMPANY shall supply additional documentation to the <br /> Community Development Director, or his designee, in a form acceptable to the <br /> Community Development Director, or his designee, showing that positions for <br /> which Grant funds will be awarded are filled by people who live in COUNTY or <br /> Adjacent Counties. <br /> The Grant eligibility determinations will cover one year periods,with each yearly <br /> period beginning and ending as follows: <br /> Grant Eligibility Determinations <br /> rt rd 3rd(final) <br /> Begin End Begin End Begin End <br /> 4/01/2018 3/31/2019 4/01/2019 3/31/2020 4/01/2020 3/31/2021 <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)days <br /> after the date COMPANY submits the latest Quarterly Reemployment <br /> Compensation Report comprising the Annual Job Status Report(as defined in <br /> Paragraph 6),and this payment obligation shall survive the termination of this <br /> Agreement. Notwithstanding the foregoing,should the date for filing the last <br /> Quarterly Reemployment Compensation Report, as described above, not <br /> coincide with the date that an eligibility determination is made,COMPANY <br /> shall have the right to file a Quarterly Reemployment Compensation Report, <br /> in a form substantially similar to a Quarterly Reemployment Compensation <br /> Report, and such Quarterly Reemployment Compensation Report shall <br /> constitute the Annual Job Status Report, the filing of which shall begin the <br /> running of the forty-five (45)-day period within which payment shall be <br /> made. <br /> If COMPANY applies for a Qualified Target Industry (QTI) Tax Refund <br /> from the State of Florida and if COMPANY has that QTI Tax Refund <br /> approved by the State,the Community Development Director or his designee <br /> will reduce the Grant amount paid directly to COMPANY for each eligibility <br /> determination in an amount sufficient to cover COUNTY's QTI Tax Refund <br /> 20%contribution obligation to the State for COMPANY's QTI Tax Refund <br /> agreement. The Community Development Director or his designee will <br /> submit the 20%payment obligation to the State for placement in the Florida <br /> Economic Development Trust Fund. <br /> -5- <br />
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