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Agenda 05/28/2013 Item #11D 5/28/2013 11 .D. EXECUTIVE SUMMARY Recommendation to review the attached draft proposed changes to the Collier County Economic Development Ordinances and direct the County Manager to present those options to the community for input and additional recommendation. Proposed drafts of conceptual changes include replacing and consolidating all existing economic development incentive program ordinances with the exception of the Innovation Zones Ordinance into three simplified incentive programs as Collier County Policy based on adoption by formal motion or resolution rather than adopted ordinance. OBJECTIVE: Implement Board of County Commissioners (Board) directive for County Attorney and County Manager or his designee to initiate development of financially feasible,legally sound and publicly vetted economic development programs utilizing the following suggested guidelines: 1) amending and or extending existing economic development ordinances for conformity with existing state standards, 2) address potential economic development confidentiality and disclosure issues identified within those amended ordinances, and 3)propose other recommendations or approaches for achieving the above mentioned goals. CONSIDERATIONS: At its February 12, 2013 regular meeting, during discussions of Commissioner Hiller's Agenda Item 10K,the Board directed that staff develop proposals to improve the County's Economic Development Programs for the purpose of public vetting at a future Board Workshop. The following draft proposals have been developed incorporating several safeguards and features to help insure that each program addresses critical issues identified above and meets a rigorous public policy test,holding effectiveness in competing for quality job growth yet maintaining fiscal responsibility. A copy of the Board's discussion is included as back-up to this agenda item. Public Policy Test In general, the draft proposals integrate state incentive standards when feasible; adopt rules similar to the established state statutes regarding disclosure and treatment of official economic development prospect records and trade secrets (F.S. 288.075). That statute provides that subsequent to an official request from a prospect,all county officers and employees with responsibility related to promoting the general business interests or industrial interests, are bound to maintain the confidentiality of information concerning plans, intentions, or interests of such private corporation, partnership, or person to locate, relocate, or expand any of its business activities in this state. Additionally, compatibility with state guidelines regarding target industry eligibility and performance compliance monitoring is mimicked whenever possible. Because the new proposals are structured as a performance based incentives (compliance is required before payment) the County's exposure and risk is minimized. Also, fiscal accountability is assured in that compliance certification will validate that the annual performance obligation has been met prior to awarding the grant. Also important, each incentive proposal is structured to apply equitable treatment of all qualified applicants within distinctive categories such as industry classification, wage levels and geographic location. Finally each program has criteria which when applied establishes a rational business case for eligibility and provides a suitable return based on the incentive expenditure. Why Effective Business Inducements are Important Packet Page-108- 5/28/2013 11.D. Appeal as an inducement to a prospect or existing business is an obvious feature to be considered in developing incentives. An incentives' monetary value to the prospect in comparison to other jurisdiction's offers is obviously important, but is in many cases not the only competitive factor. In any case, it is vital to remain relatively competitive, in effect enabling a community's inherent comparative advantages to be appreciated, without becoming hyper-competitive with other jurisdictions. Though out-bidding other jurisdictions is not always practical, it is imperative for the community to extend positive overtures to prospects. Financial incentives, even those of relatively modest value, provide an unmistakable signal of appreciation and validation of community support. Incentives programs that are user friendly and incorporate simple, quicker application processes can be distinct comparative advantages. A moderate financial incentive with favorable terms may hold a higher comparable value for some prospects than a cumbersome but more significant financial incentive. Incentive monitoring and process for compliance should be adequate for upholding the governmental fiduciary duty, but also streamlined and commiserate with the level of risk exposure for the County. In addition, less complex features in an incentive improve the ease and understanding of communicating the program attributes to prospects while promoting expansions and recruitment of new businesses. Prospects and expansions are potential investors in communities and expect a level of certainty as well as a concise understanding of obligations and benefits from inducement programs. Simplifying incentives also minimizes the complexity of administration and represents a distinct advantage in minimizing staff's burden for monitoring and post performance audit operations of programs. Program Summaries and Performance Measures Indicators of an improving and healthy economy generally include short term metrics such as growth in employment and reduction of unemployment. Long term aspects such as a diverse industry mix, improved net earnings, and an expanding productivity rate are equally important. Ideally, a community's economic development approach should structure incentives to directly link inducements to optimizing gains in short and long term metrics. To help achieve a balanced overall incentive approach,three proposed programs (drafts attached) each include specific features to appeal to categories of industries aggregated primarily by labor skills set demands and wage levels. Base Industry Promotion: As a first level program platform, the draft proposed Base Industry Promotion program would provide a$1,500 grant ($500 bonus for green products/processes) per job to qualified employers creating at least 10 new jobs to Collier County. The program is in general designed for firms that produce goods, commodities or services with wages that typically fall below the state's Qualified Target Industry Tax Refund wage standard. Only industries designated among the state's target industries would be eligible. The wage requirement would be directly linked to the latest Collier County specific industry average wage applied for, as published by the U.S. Bureau of Economic Analysis or equivalent reliable data authority. (Attachment A) QTI Participation: The second level program platform is a recommendation to continue the offer of participation with a local financial match (20%) combined with the state's match (80%) match for eligible applicants to the state's Qualified Target Industry Tax Refund program. Refunds between $3,000 and $5,000 per job,with added bonuses of up to$2,500 for brownfields and $3,000 per job for enterprise zones. Staff will continue to support the leveraging of Florida's most frequently utilized incentive QTI. (Attachment B) Packet Page-109- 5/28/2013 11 .D. Advancing Long-term Productivity Strategy (Concept): The highest level program platform is a draft proposal still in development that would establish a premium incentive program to enhance competitiveness and appeal to business prospects creating at least 25 new jobs with very high wages. The proposed program would incorporate flexibility for the applicant in that the grant award amount would be linked to the actual value of paid wages or earnings of eligible jobs. Strategically, linking the award amount to payroll is beneficial as it leverages the increase in high value jobs to stimulate productivity gains,a true indicator of a community's long term economic health. The applicant would be accountable to meet the minimum threshold of job numbers, but would be motivated to create more jobs than promised to capitalize on the annual grant payment for all new eligible jobs created within the incentive agreement term (four years). Additional requirements include an established baseline of aggregate average wages along with provisions to restrict eligibility of jobs domiciled outside of Collier County. The program would require applicants to meet QTI eligibility criteria for target industries and reporting requirements. Conceptually, the first tier provides a wage minimum that would begin at 150%of the County's annual average wage (currently $59,958). The award would be distributed over four years after annual performance compliance at a rate of 1% or(.0100)of total annual payroll(adjusted for inflation). The second tier provides a wage minimum that would begin at 200% of the County's annual average wage (currently $79,944). The award would be distributed over four years after annual performance compliance at an annual rate of (.01063) or 1.063% of total annual payroll (adjusted for inflation). The approach will provide a unique flexibility to proactively reward creation of those types of jobs that can have the greatest impact on improving Collier County's productivity growth rate. (Attachment C) Flexibility of Policy by Resolution over Adopted Ordinance Although Collier County's climate for quality job growth is improving, as evidenced by recent state rankings in job growth rate,the persistent economic downturn has created a tough environment for our citizens. The future economic well being of Collier County citizens could depend significantly on our community's capacity to nurture industries that are innovative and competitive enough to survive in the global economy. A community's adaptability to meet the challenges of attracting those fast changing industries will be keys to long term economic sustainability. The flexibility offered by generating incentive policy by resolution can help the County's administration be more responsive allowing innovation and revisions within a timely, orderly fashion that retains rigor and enforcement provisions comparable to incentive ordinances. The capacity for incentive policy by resolution also projects a message of business friendliness, and reinforces to prospects the County's intent of supporting businesses proactively. In sum,these proposed changes with three levels of incentive programs equips the County's economic development efforts to compete for differing industry expansion and recruitment opportunities to optimize the probability of improving the community's economic prosperity. For the reasons provided above, staff recommends acceptance of the attached draft proposed changes to Collier County Economic Development Ordinances, and to direct the County Manager or his designee to present those options to the community for input with the intention of convening a Board workshop for additional consideration and discussion. FISCAL IMPACT: To be determined with the final proposal. GROWTH MANAGEMENT IMPACT: None at this time. Packet Page-110- 5/28/2013 11.D. LEGAL CONSIDERATIONS: The County Attorney will work with Mr. Register to develop these proposals into a formal Economic Development Program for consideration at a later Board meeting. Mr. Register's recommendation to accomplish this by Resolution rather than by formal ordinance would give the Board the ability to more quickly adapt these programs to changes in the market as well as greater flexibility in crafting economic development agreements with each applicant. Of the current ordinances, only the Innovation Zone Ordinance (Ord. 2010-20) is being proposed to remain. Features of the remaining Economic Development Ordinances which have proven valuable can be incorporated into this new program. This item requires majority support for Board approval. -JAK RECOMMENDATION: That the Board review the attached draft proposed changes to the Collier County Economic Development Ordinances and direct County Manager or his designee to present those options to the community for input and additional recommendation. Proposed drafts of conceptual changes include replacing and consolidating all existing economic development incentive program ordinances with the exception of the Innovation Zones Ordinance into three simplified incentive programs as Collier County Policy based on adoption by formal motion or resolution rather than adopted ordinance(Attachments A,B,C). Prepared by: Bruce Register,Director,Business and Economic Development Attachments: Current Collier County Economic Development Ordinances; Transcript of February 12,2013 Board discussion; Three proposed Incentive Programs(Attachments A,B,C) Packet Page-111- 5/28/2013 11 .D. COLLIER COUNTY Board of County Commissioners Item Number: 11.11.D. Item Summary: Recommendation to review the attached draft proposed changes to the Collier County Economic Development Ordinances and direct the County Manager or his designee to present those options to the community for input and additional recommendation. Proposed drafts of conceptual changes include replacing and consolidating all existing economic development incentive program ordinances with the exception of the Innovation Zones Ordinance into three simplified incentive programs as Collier County Policy based on adoption by formal motion or resolution rather than adopted ordinance. (Bruce Register, Office of Business and Economic Development Director) Meeting Date: 5/28/2013 Prepared By Name: BrockMaryJo Title: Executive Secretary to County Manager, CMO 5/21/2013 9:20:44 AM Submitted by Title:Executive Secretary to County Manager, CMO Name: BrockMaryJo 5/21/2013 9:20:47 AM Approved By Name: OchsLeo Title: County Manager Date: 5/21/2013 4:55:12 PM Packet Page-112- 5/28/2013 11.D. Attachment A PROPOSED PROGRAM DESCRIPTION&OVERVIEW The Basic Industry Growth Promotion Incentive is a proposal that recognizes Collier County's desire for near term job growth opportunities for expansions of local companies and recruiting new companies which might not qualify for the Qualified Targeted Industries (QTI)program. Basic industries, even those with wages under QTI thresholds,tend to export a significant percentage of their product and as a result create net new wealth and net new spending power in a local economy. Growth in those industries will help our community's economic recovery. Basic Industry Growth Incentive Program Collier County will offer qualifying applicant's eligibility to the Basic Industry Growth Incentive for a grant of$1,500 per job if the project creates at least 10 new jobs within 12 months in a Targeted Industry with wages meeting or exceeding the Collier County average of the applicant's specific 3 digit North American Industry Classification System industry code. Eligibility for a$500 per job bonus over the base grant will apply to businesses that demonstrate energy efficiency, resource conservation, or environmental sustainability in either the firm's operational process or products. Employers must meet Collier County's program requirements regarding reporting compliance of average wage and job levels. To become eligible,applicants must apply prior to commitment of intent, or change in land use or permitting applicants are submitted. The BOCC must approve all applicants, and all application forms, Ate,.. administrative procedures and required proof of performance compliance will be developed by the County Manager or designated staff. Only official forms and procedures are deemed sufficient for application to this program. General Program Requirements • Applications must be submitted in advance of public announcements or any permit applications changing usage or building occupancy related to the projected jobs. • In officially designated economically distressed areas the wage requirement is waived and job eligibility is reduced to 5 qualified industry jobs. • The new jobs and business must be a for profit business operating within Collier County and qualified under the State's listed Target Industries,creating 10 new jobs within 12 months of the BCC application approval.In addition,for existing firms,the net new jobs must be reflected as the increase of full-time equivalents over the latest quarter prior to application. • The level of new jobs and wages comprising the grant must be maintained and documented to be eligible for the annual payment over the four(4)year term of the program. In addition,the applicant must agree to provide sufficient evidence the new job and wage levels were maintained. • Grant disbursements in four equal installments over four years as compliance for each year is verified. Method of evidence verification will be based on records such as:IRS Form 941,Payroll Records,and a Florida Department of Revenue Employer's Quarterly Report(UCT-6)Form for each new employee or an acceptable equally reliable substitute. • Each new employee hire must be either a full time employee working an average of 36 hours per week,or business will be allowed to count two employees working a minimum of 20 hours per week as one full time equivalent employee as long as these employees are eligible to receive full benefits. Packet Page-113- 5/28/2013 11 .D. Attachment A W , i AW' ,,_ t BASIC Industry Growth Promotion ogrFam. .amie Grant ±a d ��_ Qualified Target Industry Employers ad v Sys `t Pegged to the Collier County Avg = r - '' Wage for the 3 Digit North American Industry Code (NAICS) ,r 10 ,Capital ' estm ren ear No , Yes, up to two times the number of jobs WA", 1 p , applied for during the initial four year � .: participation term. "ila�ble-to x uSt Yes each of the new Jobs lasting Four t� 1" x r � f years are eligible. Aailab1e oa a ndus ti p r' Yes each of the new Jobs lasting Four v 2,0, years are eligible. At aiIab e�br a do ' ' t No v :x -�,x •k���•ya tr* �vim'a � �"" ,.� -Amonnt t'ware �= $1,500 base, with a $500 Green k -- Product/Process Bonus payout chedule VOIVO4P. Paid in installments over four(4)years Specified Uss A n s 44.- None It i ° lio t- fired , Yes- 100% paid by the County if jobs � = are located in Unincorporated Collier t County. , � tom. "�8t;lt �or•'��ncenti�45 � � �� ���� Applications must be submitted in nVi Pa s �� advance of public announcements or any permit applications changing usage or building occupancy related to the projected jobs �aess Economic Base Industries defined as 471;'"'ties Qualified Targeted Industries by # Enterprise Florida Inc. Any retail activities, elect. utility V �S company, or phosphate or solid �0 4 ��n� } minerals severance, mining or processing operation. Distressed AreaExce ion , Wage requirement waived and job M; s '0 : _ eligibility is reduced to 5 qualified �� a. P ,x industry jobs in designated economically distressed areas. Contac ,04..1n 41 Bruce Register, Collier County 4 Business & Economic Development , " ` fig Office(239)252-8990. Packet Page-114- attachment B 5/28/2013 11.D. T , . / l,, I {O. TARGET EMDllTRY r i , RffllNO, ' f- , elorlda.cam Incentive Information Shea_ _ The Qualified Target industry(QTI)Tax Refund is a tool available to Florida communities to encourage quality job growth in targeted high value-added businesses.If approved,the applicant may receive refunds on the taxes it pays.This includes corporate income,sales,ad valorem,intangible personal property,insurance premium, communications services,and certain other taxes.There is a cap of$7 million per r!. single qualified applicant in all years,and no more than 25 ercent of the total >`''`' refund approved may be taken in any single fiscal year. ,NC... Eligibility In order to participate,a company must apply to Enterprise Florida(EFI)prior to making a decision to locate or expand in Florida.All final decisions on applications are based upon all available information at that time.Any business decisions,such as announcements,leasing of space or hiring of employees,made prior to submission of a complete,effective QTI application will be grounds for disapproval.Projects that clearly do not require inducement will not be approved.In order to qualify for consideration under the program,an applicant must: • be in a target industry(see attached Target Industries List); • submit an application before making a decision to locate or expand in Florida,and demonstrate • that the tax refund will make a material difference in the company's decision to locate or expand in the community; • create at least 10 net new full-time equivalent Florida jobs and,if an expansion project,increase employment by at least 10 percent(whichever is greater).For a project located in a rural , community(county)or an enterprise zone,the net increase in employment may be waived in " " special circumstances; • pay an average annual wage that is at least 115 percent of the state,metropolitan statistical area (MSA),or the local average wages.For a project located in a rural city,rural community(county), a designated brownfield area,an enterprise zone or a manufacturing project paying at least 100 percent of the prevailing average wage,the wage requirement may be waived in special circumstances; - show that the jobs make a significant economic contribution to the area economy;and • provide a resolution from the city or county commission recommending the applicant for the i�' �� {, incentive and committing the community to provide a local match equaling 20 percent of the tax 1 k� �, refund.If located in a rural city or community(county)or designated brownfield area the business ( ' Ar may accept a refund equal to 80 percent of the refund for which they would otherwise qualify if a 1,..1.:,•:.-„:::,;,- --'...7-------_:,:.:•.:.: :::,;11i1;-_, match exemption is granted to the local community. . :Award Amount Pre-approved applicants who create jobs in Florida receive tax refunds of$3,000 per net new full-time equivalent Florida job created;$6,000 in an Enterprise Zone or Rural Community(county).Additional awards are available for projects meeting the specific criteria below.Note these are maximum amounts per job and the actual awards could be lower. • $1,000 per job for businesses paying at least 150 percent of the prevailing average annual wage or$2,000 per job for businesses paying at least 200 percent of the prevailing average annual wage; • $2,000 per job if the business falls within a designated high impact sector OR if the business increases exports of its goods through a seaport or airport in the state by at least 10 percent in value or tonnage in each year of receiving a QTI refund; • $2,500 per job if project is located in a designated Brownfield area(Brownfield Bonus);and • $1,000 per job if the local financial support is equal to the base QTi award. {Page 1 of 3) Packet Page-115- 5/28/2013 11 .D. a w QIIALIFIEP1 TARGET Ry TAX Rf T REFIII4ft etlort`da.com Incentive Information Sheet Application.Process.=. . • EFI staff will shepherd businesses and communities through the entire application process,ensuring that the company and community understand what is required for a complete,effective application. • EFI reports its evaluation of the application and recommendation to the Department of Economic Opportunity(DEO) who makes the final decision on the project. Approval Process .::=.. ... • DEO's approval or disapproval of the application is in the form of a letter of certification. • If the application is approved,the certification will indicate the amount and schedule of tax refunds approved,as well as the number of jobs and average wage rate for the project jobs. These must be the same as stated in the application. x;. • Once the QTI application is approved,the business will begin working directly with DEO to finalize the tax refund agreement.Within 120 days of issuance of the certification,the QTI business and the Director of DEO must sign a written tax refund agreement. Refund Process • The business submits a claim each year for the scheduled tax refund and the community must >• pay its local match into the Economic Development Trust Fund. • If all the terms of the tax refund agreement are met,then DEO pays the refund,including the - local match,directly to the business. • During the 2010 Legislative Session,the Economic Recovery Extension(ERE,Chapter F.S. language in QTI and was modified to allow businesses affected by an 288.106(5)b,F.S.) economic downturn in their industry,hurricanes or named tropical storms,or specific * ms � w,4 terrorist attacks to receive additional time to meet their job creation commitments. Businesses with claims due between January 1,2009,and July 1,2012,are eligible to apply for a one or two year exemption. Statutory Reference: Section 288.106,Florida Statutes Enterprise Florida,Inc. The Atrium Building,Suite 201 •325 John Knox Road•Tallahassee,Florida,32303 Phone:850.298.6620•Fax:850.298.6659 [Page 2 of 3} unuu,nlrnriiln rnn. Rev 02/12 Packet Page-116- _ 5/28/2013 11.D. v::::5-.eiXa. ' QUALEFIfD TARGETED IHDUSTRI[S FOR IM([NTIV[S efiorida.com f--- - ��} �� �-" I t i, t or ra a� s o ! a t �., ---1 ; --% Oyu � � �i AVIATION 1 HOMELAND FINANCIAL/ ` Ira LIFE SCIENCES IN�OTECN i SECURITY/ PROFESSIONAL �; tote E , �� _':I AEROSPACE'S �, ���,.�.n,��`,.� � DEFENSE SERVICES I x'� �.u}" �iy� 4 'F'.,,�'�. ,i 4.rv' Tom"' . -�, 7 r MANI1 ACTIURI l'OP':.( jg; 4 } 5:1.x fi7'%' �!• t •{ioRPoRAI fEAlia—1If�0:5-',4 ett��, � t� ,v.:,-4,::.*:- � fLJ.'�� ^ f k�„ _r n� � o- t, �, Lr f v4 .r'f x xj� 4'.y ✓ Y4'x i.' k,,r __ ''''''; '214'''' 4Kr vi �nr ; 4 . r`�' ' ,�f3'&`. 1 -7•'.tcn p �;. .,„A..( '� A`6r � S�.7ENi1LI�OI/J VI�lYt N� 3kF /acv -. 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(�`, ._ �. ,may r' f i T`� '�`'�' _ S 5 �a . ✓/ yl I r�T�.�, ''>S a gym. ., h.+. -.'S f 'ry Sim_.._.. 1......�..-J.f. .max. .., .... f .c<.._ � m''i3 Businesses able to locate in other states and serving multi state and/or international markets are targeted.Call Centers and Shared Service Centers may qualify for incentives if certain economic criteria are met.Retail activities,utilities,mining and other extraction or processing businesses,and activities regulated by the Division of Hotels and Restaurants of the Department of Business and Professional Regulation are statutorily excluded from consideration.All projects are evaluated on an individual basis and therefore operating in a target industry does not automatically indicate eligibility. For additional information about Florida's business advantages, please visit Enterprise Florida's website at vvww.eflorida,com Packet Page-117-��. Rev.2/H 5/28/2013 11 .D. Attachment C PROPOSED PROGRAM DESCRIPTION & OVERVIEW The Advanced Long-term Productivity Strategy Program(ALPS) is a proposal to expand Collier County's competitiveness in attracting extraordinary high value economic development projects in augmentation to our existing Qualified Targeted Industries(QTI)program. The program will encourage the creation of high skilled/high wage jobs within Collier County and diversify the economic base in Collier County. It also has the potential to enhance the number of corporate headquarters in Collier County while stimulating productivity and net new earnings into our county's economy. In addition it will be a focal point in leveraging the partnerships and support of local educational and training providers. Advanced Long-term Productivity Strategy Incentive Program Collier County will offer qualifying applicant's eligibility to the ALPS Incentive if the project creates at least 25 new jobs whose average wage meets or exceeds the 150%of the County's average wage(currently $59,958). A two tiered system will determine the award amount. Tier One provides a bonus incentive equal to 1.000%of actual payroll for each of four years provided that the project's aggregate employment meets a minimum of 150%of the lowest of the State or County's average wage and the minimum job creation threshold. Tier Two provides a bonus incentive equal to 1.063%of actual payroll for each of four years provided that the project's aggregate employment meets a minimum of 200%of the lowest of the State or County's annual average wage, and the minimum job creation threshold. Employers must adhere to all rules of the State's QTI program,but also must meet Collier County's program requirements regarding reporting compliance of average wage and job levels. To become eligible, applicants must apply prior to commitment of intent, or change in land use or permitting applicants are submitted. Subsequently, certification and payment cycles continuing annually for a four-year period. The BOCC must approve all applicants; and administration of the Program will be conducted by the County Manager or designated staff. Only official forms and procedures are deemed sufficient for application to this program. General Program Requirements To be eligible projects and businesses must qualify for the State's QTI program and agree to the Collier specific requirements as a contingency for eligibility in Collier County's Advanced Longterm Productivity Strategy Incentive. A summary of qualifications includes but is not limited to: • Applicant must notify Collier County of intent to apply to the County's Advanced Long-term Productivity Strategy Program before Collier County approves the local match contribution to that project's State QTI application and in all cases the ALPS application must be approved by the BOCC prior to the project's commitment of intent. • New or Expansions of existing businesses in Collier County must create at least 25 new jobs that meet 150%of the lowest of the County or State's annual average wage. • The level of new jobs and wages comprising the grant must be maintained and documented to be eligible for the annual payment over the four(4)year term of the program. In addition,the applicant must agree to provide sufficient evidence the new job and wage levels were maintained. • Grant is disbursed over four annual installments,adjusted for inflation as compliance for each year is verified. Method of evidence verification will be based on records such as:IRS Form 941,Payroll Records,and a Florida Department of Revenue Employer's Quarterly Report(UCT-6)Form for each new employee or an acceptable equally reliable substitute. Packet Page -118- 5/28/2013 11.D. Attachment C Progr-am f am • Advancing Long-Term Productivity Strategy Incentive Arkr'okv R QTI Augmentation 4,131P ',"ttr-,MVO � � r Grant Qualified Target Industry Employers Tier One 150% of the lowest of County, MSA or State Average Wage or$59,958; Tier Two 200% of the lowest s , � r of County, State or MSA Average Wage or$79,944. { 1ttrs'b'�et* o`bs`eq 1 ed 25 t , : No ''fxpandable1or Later 'ar oos-' . Yes(Percentage of Payroll Captures Job Increases) Available +n stirs us r Yes each of the new Jobs lasting Four years are eligible. • A411ableoewndstry= ' Yes each of the new Jobs lasting Four years are eligible. .1.3#'�.�.�.�.. Ti.411E X4r a410 Available fox tetention inA-0 PitN<< No �Ati ount7w Awatarl ' .. . t : oi Floating per job annual award equates to a %of g4 2Z-'7,,,,0 faggregate payroll meeting minimum average wages: O}_" � ,41 > Tier One 150%- 1.0% a rox. $2,400; Tier Two 200% - 'f" '�" And u ,� gf't mom. 0 pp , ,.:r.r.,a.... � ;2 - � 4 1 1.063/o approx. $3,400. Existing firms annual award 1� 45 ; e will be based on segregated new job payroll. PayoutS-citedu-le.. '4 M, ^ ,, t, •- . Paid in installments over four(4) years, each year's payroll .. y f- ;: r is adjusted for inflation over previous year "S,pec e ss �s m None °pox ; Yes- 100% paid by the County if jobs are located in Unincorporated Collier County. i �'•S+ �,` 2eA^xa' w.C:x4 �[." ,�+,.:�{S' � �g'�.5. ���,`u'�'n'�.Y s# ..x Yes ,Eligible indi*:,riiesl! us ess ctiv ties' .- . 5; i Industries defined as Qualified Targeted Industries by �v iQ Enterprise Florida Inc. Inelt�q 1e� � � , " . Any retail activities, elect. utility company, or phosphate or solid minerals severance, mining or processing operation. g c F 4e' � DistressedAr a� ceptiota ' Minimum Job eligibility threshold is reduced to 10 qualified Y 22,A4 V a-,y.-%,:_-:=1:4iaglitii, industry jobs in designated economically distressed areas. y Contact y- i-WV:ry Bruce Register, Collier County Business& Economic Development Office(239)252-8990. Packet Page-119- 5/28/2013 11 .D. Attachment C Packet Page-120- 5/28/2013 11.D. I 111 N n SIX) O (D N 3 . tD Packet Page-121- 5/28/2013 11 .D. C' 0 -'sue 0 r. CT 71 cu M- nN CCDD (D -1 c�• N cn �' �' = = CD N '-< a) O" 0 C-) 0 v) O CD 1.•A CO CD --1 = W CD en— C > o <• CT cr n Q O 3 ora -, CD . . n r) v) n 0 O Q r..t. Q r CI. —. CCDD < �' n / O CD cn` CD O n O. CD ' O = r+ O CD -C3 au 3 �•) ota v, o 3 ' = CD = SD CU "C3 r+ Q CD o Packet Page-122- 5/28/2013 11.D. • • • •• 0 C -0 E > > z., -„ _,..„.0.-... L ,?):, ilk = = n n /-- ---c. -- Ci cr. ( . — cu —• O cn oil Cr M to `C 0" 7-1: (i) * Z F51 cp. ..< l 0 (1) D _..1.1 rD r) _..1.1 -0 t— 7C S n = O tu z - O 3 n z no -0 �, cu -0 G) p CD rD I — D rn G� c.n _. _ C/) C n r� cm — C = = 0. v) Ln 0.. z ... * G) O z 9° Packet Page -123- 5/28/2013 11 .D. 0� r• CG #. 70 1-0 r) a) > , , iii. (s. ' -- .-c\.- rD -' 0 0 —• 3 a) o == = 011 E crcl = (i) cu o .< N rD D = -• oo G7N n o %< por, --1 1-1 — O _ O o_ C oa N° 1 z n 0 T rD cil 00 o 3 3 (D . 9° I— CD 0O 0_ -1 (J1 0_ v) Packet Page-124- 5/28/2013 11 .D. 4 r` • • • ^ ==�.� > 1. � r;n < - -• -fFr � _ v,w` A7: rD 0 CO 3 c el- r D O _ (./) CD =NM 70 = _. �• Q n -• EU ■ O _• - (/) -1 n• v)Cr co r+ -0 r+ O C7 C7 _ O• O m CD n = Q. -0 = `� — 0 0 3 co _. CD n CD r-+ — Ora CD O Q n rD 70 co r-i- -• O O = r+ omulmilli . 3 (-1., m O CAI _. n cr — C/)3 v) = rD (-I- CD CD n 0- r+ _. r+ a) r�-1• `C vii i• - _. . _J —• O n = * CD (J DJ -. QQ CD CD Packet Page-125- 5/28/2013 11 .D. • • • Y •° �" r n e-+ D „,mit O = O n ` 4'- 0 0 �• CI) rD 0_ CI) r+ 92- ___1 E. < r+ rD = < _. O 3-5 _•0 t7 D- 3 c m `< -i' n iiii -� x' cn Q° LD �-,••� 0 rD — 3 r)0.- CO 0 0) _J —.ET 0 ci) "V 5' = 3 = m O ora c) ,< c7 = ca. (-13 C D ...C:2 E LT "C3 cil = = (-) CD v) . c Cn Packet Page-126- 5/28/2013 11 .D. • • • • —,• �O vt. Lo CD 0 X 0 s ' -.& • -1 ' n . -h _s c rD . .o v) a) DJ —• n -, %< -' n C — T1 a.„-) Oi 5 (D = 4 rt. i%-- 0_ "(?) 0 LIJ N — v) r+ Z rni n O r+ = S (,TI CD —t, —S = o_ `. * r-I- w n0 � O Q I -h - 3 c rD O -s cm -a C p-% (1) --I ) ..) -- ?-1. co * -% i , _ Q (D '-• -' Di • • rn sIs CL) CM = O (D = p = = (D �" p' cnA- , K, (D = *. O * am Fi. D Co �' Q_ X I- = c D.- � � — D < D C n O Z -cn. �- -' 3 O 0 V) rn -' O (D (D = N -% O �. p • e—P '-' 3 -5 0 —CI 'ND cin v) 0 r-f- 3 _,,-0 cu -0 rD r) = FE• (D ch O n O -3 -4. 5 `n c)' (D O = 2- >' C7 O O S Packet Page-127- 5/28/2013 11 .D. O� , -O • • • • r► = C'''. u Yom'`1 l• a, O O CD . -t = -, rn c _, a, CD cl) (-Ph ei- 0 ci -n r rD = + n n c CD t v) c E — O O� � o = a. � z C O � Fri c -�. W rN-r v) (D 0 CD N -- c r-- a) r CD _. N til 00 CD -�, Cj - 1 O p p cn O -s O O = p 1 r-. B 3 rn< N �- X . . p cD -4, un p • D a) ""7 -5 �n O O - C -n co -t, —c O D '< -5 O O. O = = r- 3 a) ET = 0_ EiD --, * cl) z o v) = v, N.) -10 �. O -, CD O -s vi ( ) O n 0- p -5 c aN. 0 (f) = W. a) a.) > = 3 ci.) , cu 3 — -tD '0 tea, ^ CD 70 �' -(h. CAI 00 el O- O = w v O -I D C O n o r'' M Packet Page-128- 5/28/2013 11 .D. C. 0x — Y � • • • • • * " o s'�o Imi" F-, ) -0 00 O n `'m��3 0 c.. co r—i; _. (D 0 < 70 713 . W cn O rD c o '_"�.' rD - 0 F-k rD —. o O a. c t?+ —• � = -1 r) -'' o a _3 ma) rD \ — —I -. O o = O c -0 z-41 cu = 3 . 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C` 7" ",f- ?�.`�g`' g_.'4- � .t a= ax,?,..„4.-a, * ,„ ' ,.._:., A�' `� .: yet.,FF mod'a s s 2`f`t .._....,..... =:v f s* 01, 4th 1,47 a' ' `, ism"} 4, .. ". .m.,,4e,o s41- c,k.7,44.r<..,,.,4..a:,.5. «., 4.-....,.x.2,4.:t , ._,2:.,.. 4 ..,.,el„2,' �r::.;ke .,e..,27.,::x.,.r.,.>u._cf.'..,..r „a Packet Page-132-