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FY <br />Proposed Job Grant Payments <br />2023/24 <br />$8,433.33 <br />2024/25 <br />$11,733.33 <br />2025/26 <br />$11,733.34 <br />2026/27 <br />$3,300.00 <br />Total <br />$35,200.00 <br />The proposed payment dates and payment amounts stated may vary, depending upon actual <br />performance by Marotech USA, Inc. Since there may be unanticipated delays in hiring new <br />employees, an allowance for an administratively approved extension of up to one year will be <br />included in the jobs grant agreement. That allowance could shift grant payments forward by up <br />to one year. <br />RECOMMENDATION <br />Staff recommends that the Board of County Commissioners approve a local job grant of up to <br />$35,200.00 for Marotech USA, Inc. <br />Attachments: <br />1. Draft Jobs Grant Agreement <br />50 <br />