Laserfiche WebLink
Attachment "A" <br />Criteria for Eligibility for Tax Abatement for New Businesses <br />Category <br />Points Distribution <br />Maximum Points <br />Primary jobs <br />1 point per 1 job <br />-- <br />Nonprimary jobs <br />1 point per 2 jobs <br />-- <br />Improvements to real <br />property <br />1 point per $100K of new improvements <br />to real property <br />-- <br />Investment in personal <br />property <br />1 point per $200K of new investment in <br />personal property <br />-- <br />Projected sales tax <br />1 point per $500K in annual taxable sales <br />-- <br />Payroll (with benefits) <br />1 point per $45K in annual payroll <br />-- <br />Economic diversity <br />15` business of its type <br />50 <br />2 "a business of its type <br />25 <br />3`d business of its type <br />10 <br />Synergism /intangibles <br />To be determined by City <br />200 <br />