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The St. Lucie and Palm Beach counties' jobs grant programs are <br />independent of state's Qualified Target Industry Tax Refund <br />Program. Through the St. Lucie and Palm Beach Counties' jobs grant <br />programs, some of the smaller buVinesses (less than 100 jobs) that <br />cannot receive the state grants can receive job grants. St. Lucie <br />47 <br />May 14, 1996 BOOK 98 pw 52 <br />St. Lucie County <br />Palm Beach County <br />Max. Award per <br />up to $2,000 <br />up to $2,000 <br />Job (Not <br />Including <br />Bonuses) <br />Number of Jobs <br />20 or more;- <br />25 or more; <br />Needed to be <br />20-49 =$1,000/job <br />25-49 =$ 500/job <br />Created <br />50-99 =$1,250/job <br />50-99 =$1,000/job <br />100-149=$1,500/job <br />100-249 =$1,500/job <br />150+ =$2,000/job <br />500+ =$2,000/job <br />Max. =$500,000 <br />Max. =$500,000 <br />Min. =$ 12,500 <br />% of County's <br />at least 100% <br />at least 100% <br />Avg. Salary <br />Type of <br />manufacturing, <br />manufacturing, <br />Business to <br />distribution, R & D, <br />distribution, R & D, <br />Qualify <br />back-office, corp. <br />back-office, corp. <br />headquarters, other <br />headquarters, other <br />non -retail or <br />non -retail or <br />wholesale functions <br />wholesale functions <br />Payment Period <br />phased over 3 years <br />phased over 4 years <br />Number of <br />1 <br />24 <br />Businesses <br />Utilizing <br />Program <br />Total Amount <br />$55,000 <br />$4,092,276 <br />Awarded <br />(11/21/95) <br />Total New Jobs <br /><50 <br />2,044 <br />Attributed <br />Directly to <br />the Program <br />Bonus Payment <br />Bonuses: <br />Bonuses: <br />if company is: <br />bus./fin. services, <br />if company is: <br />bus./fin. services, <br />aerospace/engnrng., <br />aerospace/engnrng., <br />agrclrl/food proc., <br />agrclrl/food proc., <br />cmptrs/commnctns, <br />cmptrs/commnctns, <br />pharm/med dews., <br />pharm/med devs., <br />marine indstrs =10%; <br />marine indstrs =10k; <br />50+ jobs crted in <br />50+ jobs crted in <br />above indstrs. =10%; <br />above indstrs. =10t; <br />75o S.L.C. res. =10t; <br />25 or more Palm Beach <br />avg. sal. =1251 =10%; <br />Co. res. =10t; <br />avg. sal. =150k =20%; <br />avg. sal. =125% or <br />avg. sal. =1751 =25%. <br />greater =10t• <br />company locates in <br />Development Region or <br />agrees to employ <br />residents of region <br />in 25k of jobs =10k <br />The St. Lucie and Palm Beach counties' jobs grant programs are <br />independent of state's Qualified Target Industry Tax Refund <br />Program. Through the St. Lucie and Palm Beach Counties' jobs grant <br />programs, some of the smaller buVinesses (less than 100 jobs) that <br />cannot receive the state grants can receive job grants. St. Lucie <br />47 <br />May 14, 1996 BOOK 98 pw 52 <br />