Job Creation Incentive definition
Examples of Job Creation Incentive in a sentence
The Efficiency Incentive Payment and Low Income Job Creation Incentive may not be earned by the Owner.
The cost of such additional inspections may result in a reduction of the amounts available for the Improvements, for contingencies or for any Efficiency Incentive or Low-Income Job Creation Incentive.
Funds that remain after the Improvements are completed and fully reimbursed from the Retrofit Disbursement Account, the RA has been fully reimbursed for actual inspection costs, and the Efficiency Incentive Payment, Targeted Low-Income Job Creation Incentive, and/or Utility Consumption Fee have been paid, if earned, shall be remitted as directed by the Secretary in writing.
Discounts to the Purchase Price are provided in 10% increments under the Job Creation Incentive and no partial discounts.
As set forth in the Job Creation Incentive Agreement, the Company will provide an annual report to the City reflecting its progress towards achieving the Brecksville Metric Commitments.
For each year prior to the end of the Incentive Term of the Job Creation Incentive Agreement, the Company shall submit to the City an annual report, in a form attached hereto as Exhibit D, which shall specify the Company’s progress towards achieving and maintaining the Brecksville Metric Commitments (the “Annual Report”).
The Job Creation Incentive Agreement may contain further provisions for the terms and conditions of the tax credit/grant.
The maximum amount of the Low-Income Job Creation Incentive will be the lesser of : $ (The amount from 5.C.v) or The amount calculated by the RA from the schedule below based on evidence of qualifying expenditures provided from the owner; or The actual balance of Funds remaining after payment of all allowable Improvements, inspection fees, and other applicable Incentives.
Beginning the first full calendar year beginning at least six months following receipt of a certificate of occupancy for the Project, the Parties have agreed, as set forth more fully in the Job Creation Incentive Agreement, that in any year in which the Company fails to retain at least $40,000,000 in payroll in the City, the Company will not receive a tax credit/grant award for that year.
The Parties agree to enter into the Job Creation Incentive Agreement, substantially in the form approved by Ordinance No. .