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25 <br /> .The review and evaluation criteria are the following: <br /> 1. Jobs-and Wages <br /> a. New Jobs. The minimum net number of direct full time equivalent fobs to be created <br /> or retained by the proposed project for a period of at least two years from the <br /> estimated benefit date. <br /> b. Payroll. The minimum annual net payroll (including employer contributions for health <br /> benefits) to be.generated at the end of the third anniversary date of the estimated <br /> benefit date. <br /> 2. Tax Base <br /> a. Increase in Tax Base. The net increase in property taxes estimated to be generated <br /> by the project in the first full year of operation. <br /> 3. Land Use <br /> a. Compliance with Comprehensive or Other Plans Whether, apart from any needed <br /> services to the community described in section 5 below, the project is more <br /> compatible with the comprehensive plan than other permitted uses for the property. . <br /> For example, the project may involve a "clean" industry such as a technology or <br /> service business which is preferred over other permitted uses. <br /> b. Marginal Property, Whether the project is located on property which needs but is not <br /> likely to be developed or redeveloped because of blight or other adverse conditions <br /> of the property. <br /> For example property may be so blighted that the cost of making land ready for <br /> redevelopment exceeds the property's fair market value. <br /> . c. Design and/or Other Amenities: Whether, as a result of the business subsidy, the <br /> project will include design and/or amenity features not otherwise required by law. <br /> For example, the project may, at the request of the City, include landscaping, open <br /> space, public trails, employee work out facilities or day care facilities which serve a <br /> public purpose but are not required by law. <br /> 4. Impact on Existing and Future Public Investment <br /> a. Utilization of Existing Infrastructure Investment Whether and to what extent (a) the <br /> project will utilize existing public infrastructure capacity and (b) the project will require <br /> additional publicly funded infrastructure investments. <br /> b. Direct Monetary Return on Public Investment Arrangement§ made or to be made <br /> for the City to receive a direct monetary return on its investment in the project. For <br /> example, the business subsidy may be in the form of an interest bearing loan or may <br /> involve a project sharing arrangement. <br /> 5. Economic Development <br /> a. Leveraged Funds. For every dollar of business subsidy to be provided for the <br /> project, the minimum amount of private funds which will be applied towards the <br /> capital cost of the project. <br /> b. Spin Off Development. The dollar amount of non-subsided development the project . . <br /> is expected to generate in the surrounding area and the need for and likelihood of <br /> such spin off development. <br /> . c. Growth Potential. Based on recipient's market studies and plans for expansion, <br /> whether and to what extent, the project is expected within five years of its completion <br />