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2009-312
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2009-312
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Last modified
3/17/2016 11:27:14 AM
Creation date
10/1/2015 4:01:17 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/01/2009
Control Number
2009-312
Agenda Item Number
12.A.1
Entity Name
E-Mindful Inc.
Subject
Jobs Grant Agreement Target Industry Tax Refund Program
Supplemental fields
SmeadsoftID
10893
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EXHIBIT " B " TO THE JOBS GRANT AGREEMENT <br /> BETWEEN INDIAN RIVER COUNTY & EMINDFUL INCORPORATED (COMPANY) <br /> I . Target Industry Categories eligible for application : <br /> Corporate Headquarters/Research and Development/Health Care <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 Indian River County : <br /> 1 ) 0 # of new, full -time employees whose annual wage is between 75 % and 99 . 9% <br /> of Indian River County ' s average annual wage . <br /> 2 ) 1 # of new, full - time employees whose annual wage is between 100% and 149 . 99% of <br /> Indian River County ' s average annual wage <br /> 3 ) 99 # of new, full -time employees whose annual wage is 150% or greater of <br /> Indian River County ' s average annual wage <br /> III . Grant Amount <br /> Category Qualified Amount Per Total <br /> Jobs Jab <br /> 75 % to 99 . 9 % of county average wage 0 $ 3 , 000 $ 0 <br /> 100 % to 149 . 99 % of county average wage 1 $ 59000 $ 5 , 000 <br /> 150% or greater of county average wage 99 $ 7 , 000 $ 6935000 <br /> Total 100 $ 698 , 000 * <br /> Total Amount if Business is Located Outside of Enterprise Zone $ 5009000 * <br /> Total Grant Amount if Business is Located Inside of Enterprise Zone $ 550 ,000 * <br /> * The local jobs grant program caps the maximum amount any one company may receive at $ 500 , 000 if the business is <br /> located outside of the City of Vero Beach/ Indian River County Enterprise Zone or $ 550 , 000 if the company is located <br /> inside of the City of Vero Beach/ Indian River County Enterprise Zone . The actual amount of the grant will depend upon <br /> the actual number of jobs provided and the salary paid for those jobs . <br /> I4 : \Community Development\Users\EDplannr\Incentives & Funding\Jobs Grant PrograrnWindful\.lob Grant Agreement. doc <br /> - 11 - <br />
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