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<br />G3
<br />ACT Turbo (New Industry)5$426,0003730.13$061$454,808$21,30010%
<br />
<br />
<br />H
<br />NEW Office/HQ - InterGulf Corporation4$142,0004300.15$010$76,680$7,10010%
<br />I
<br />NEW Office/Regional - Richard Industrial Group4$10,6504750.15$02$14,378$1,77510%
<br />Industry - NEW Development
<br />J
<br />3$568,0004350.1$024$178,920$28,40010%
<br />(Lower) - Sector 23 (Original)
<br />
<br />J1
<br />3$1,278,0004720.1$0110$828,144$28,40010%
<br />Sector 23 (Latest)
<br />Industry - RETENTION/EXPANSION
<br />
<br />K
<br />3$426,0003730.13$036$272,885$21,30010%
<br />(Higher) - ACT Turbo (Expansion)
<br />
<br />Industry - RETENTION/EXPANSION
<br />L
<br />2$710,0003150.075$05$35,944$35,50010%
<br />(Lower)
<br />
<br />M
<br />1$177,5002300.1$01$7,988$8,87510%
<br />Airport Re-Development
<br />N
<br />1$21,655130.1$04$30,000$65010%
<br />State Farm (Frank Nance)
<br />Notes:
<br />1. Staff assigned prioritized values, from a maximum of 10 to a minimum of 1
<br />2. Thevalues in this column include revenues from property taxes, business personal proeprty taxes, and sales taxes.
<br />3. Staff assigned a value, from a maximum of 4 to a minimum of 1, for each project. A value of 4 means that the project will have a significant multiplier effect to bring new money
<br /> and/orpeople into our local economy. A value
<br />of 1 means that the project will have little or no multiplier effect to bring new money and/or people into our local economy.
<br />4. Staff assigned a value, from a maximum of 0.15 to a minimum of 0.0750.15 was assigned to higherpaying,whitecollar, engineering, engineering
<br />design, or executive positions. A value of 0.125 was assigned to highly skilled positions for a process technician and/or advanced manufacturer. A value of 0.10 was assigned to skilled
<br /> positions. A value of 0.075 was assigned
<br />tounskilled positions.
<br />5. Data in this column identifies all other local incentives, like PILOT abatements under an existing IDA or scheduled TIRZ reimbursements, that any project may be entitled to receive.
<br />
<br />6. regression analysis to tie together all the columns of data. Important assumptions of the formulas are as follows:
<br />xRetail projects are five edTax Abatement Policy.
<br />x not
<br />xtivthat the project is expected to
<br />deabove.
<br />smaller, more manageable, and easier to compare.
<br />(a) For all Retail, Restaurant, Re-Development, and Waterfront Projects, ƷźƒĻƭƷźƒĻƭ
<br />ķźǝźķĻķ ĬǤ 1 million.
<br />(b) For all Industry and Office Projects,ƷźƒĻƭƷźƒĻƭķźǝźķĻķ
<br />ĬǤ 1 million.
<br />7. $7,500.
<br />
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