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2024-095
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2024-095
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Last modified
5/16/2024 2:29:40 PM
Creation date
5/16/2024 2:28:52 PM
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Template:
Official Documents
Official Document Type
Grant
Approved Date
04/23/2024
Control Number
2024-095
Agenda Item Number
10.A.2.
Entity Name
Mod Units LLC
Subject
Local Jobs Grant Agreement
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payments made to COMPANY while COMPANY was not a "Target Industry <br />or if while COMPANY was not relocated within Indian River County." <br />(vii) During the Term of this Agreement, COMPANY shall have a majority <br />(greater than 50%) of its goods and services, attributable to the Indian <br />River County location, sold or distributed outside of Indian River County. <br />COMPANY shall reimburse COUNTY for payments made to COMPANY <br />while COMPANY did not meet this requirement. <br />b. Performance Evaluation for Payment. Prior to the submittal of COMPANY's 11t <br />Quarterly Reemployment Compensation Report, COMPANY shall provide to <br />the COUNTY Planning and Development Services Director or his designee an <br />employee census and a copy of the Quarterly Reemployment Compensation <br />Report for the Effective Date of this Agreement. That employee census must <br />list the employee's name, job title, city and state in which the employee lives, <br />annual salary, location where the employee works, and date of hire. <br />COMPANY's performance evaluation will be conducted on an annual basis <br />using the information provided on the Quarterly Reemployment <br />Compensation Report (RT -6 form) and COMPANY's quarterly updates to its <br />employee census. Each updated employee census must include the <br />information referenced above plus the date of termination for each employee <br />(if the employee terminates employment with the COMPANY). COMPANY shall <br />supply additional documentation to the Planning and Development Services <br />Director, or his designee, in a form acceptable to the Planning and <br />Development Services 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 <br />yearly period beginning and ending as follows: <br />Phase <br />Grant Eligibility Determinations <br />1St <br />2nd <br />3'd (final) <br />Begin <br />End <br />Begin <br />End <br />Begin End <br />1 1/01/2025 <br />12/31/2025 <br />1/01/2026 <br />12//31/2026 <br />1/01/2027 12/31/2027 <br />II 1/01/2026 <br />12/31/2026 <br />1/01/2027 <br />12/31/2027 <br />1/01/2028 12/31/2028 <br />III 1/01/2027 <br />12/31/2027 <br />1/01/2028 <br />12/31/2028 <br />1/01/2029 12/31/2029 <br />(i) Each job must meet the minimum wage requirements <br />specified in this Agreement. Payment of Grant funds shall be made based <br />on the County's current adopted payment calculation methodology <br />(methodology approved by the BCC on 10-24-2017) within forty-five (45) <br />-5- <br />
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