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01/23/17 City Council Agenda Packet (2)
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01/23/17 City Council Agenda Packet (2)
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City Council
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Agenda Packet
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1/23/2017
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1/23/2107
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!³³ ¢§¬¤³ ! <br />2005-2016 Program Metrics <br />Approved Investments Currently in Progress or Completed <br />Number of participating businesses: 24 <br />Number of approved investments: 30 <br />Number of investments by local companies: 28 <br />Estimated value of investments at application: $848 million <br />Estimated value of investments at application, excluding Hynix: $135 million <br />Average investment per business*: $5.9 million <br />Jobs <br />Total jobs projected at application*: 263 <br />Total jobs created (based on final or most recent exemption claim)*: 551 <br />Exemptions <br />Total tax exemptions granted 2005-2016*: $4.8 million <br />Average annual total tax exemptions*: $398,000 <br />Average exemption per job created*: $8,665 <br />Upcoming <br />Pending applications: 4 <br />Pending proposed investments: $61 million <br />Pending projected job creation: 225 jobs <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />*excludes Hynix <br /> <br />
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