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Item 3: Res/W.Eug.Enterpr.Zone
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Item 3: Res/W.Eug.Enterpr.Zone
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6/9/2010 12:45:24 PM
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8/3/2005 3:43:58 PM
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City Council
City_Council_Document_Type
Agenda Item Summary
CMO_Meeting_Date
8/8/2005
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Examples of persons with employment barriers: <br /> Low/moderate income <br /> Disabled <br /> Injured <br /> Veteran <br /> Welfare recipient <br /> Displaced worker <br /> Teens/youth <br /> Ex-felon <br /> Older workers <br /> Short-term jobs history <br /> Displaced homemaker <br /> Drug/alcohol abuse history <br /> Protected classes (Female head of household, Hispanic, Black, Asian or <br /> Pacific Islander, American Indian or Alaskan Native) <br /> <br /> Qualifying non-government mandated benefits include: health/life/disability <br /> insurance, retirement, profit-sharing, paid vacation/holiday, child care, <br /> transportation, sick leave, tuition assistance, career development/training. <br /> <br />Based on the number of public benefit criteria points earned in each Enterprise <br />Zone tax exempt year, each company shall make a public benefit contribution which <br />shall be a percentage of the total tax exemption in any given year, based on the <br />following: <br /> <br />Points Public Benefit <br />Earned Contribution % <br /> <br />80+ 0% contribution <br />0-79 , formula: Contribution due = a ual to <br /> <br /> Example: If point total is 40 <br /> <br /> Example: If point total is 10 <br /> <br /> <br />
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