§ 49-25. Program eligibility criteria.

To be considered eligible for approval under this program, a business or project must meet the criteria of one of the following categories:

(1)

Be located within Eastern Collier County and meet the following criteria:

a.

Type of business conducted is within the targeted industry list of the Economic Development Council of Collier County; and

b.

Creates a minimum of ten new full-time jobs; and

c.

The newly created jobs pay an average wage of at least 115 percent of the County's current private-sector average wage.

(2)

Be located within the boundary of the Immokalee Rural Federal Enterprise Community and meet the following criteria:

a.

Create a minimum of five new jobs; and

b.

The newly created jobs pay an average wage equal to or greater than 50 percent of the county's current private-sector average wage.

(3)

Be located within the boundary of the Immokalee Community Redevelopment Area and meet the following criteria:

a.

Create a minimum of five new job; and

b.

The newly created jobs pay an average wage equal to or greater than 50 percent of the county's current private-sector average wage.

(4)

Be a high impact project and be located outside the enterprise community and Eastern Collier County and meet the following criteria:

a.

Type of business conducted is within the targeted industry list of the Economic Development Council of Collier County; and

b.

Creates a minimum of 20 new full-time jobs; and

c.

The newly created jobs pay an average wage equal to or greater than 150 percent of the county's current private-sector average wage; and

d.

Each application for program participation must have approval by the Board of County Commissioners.

(5)

An existing targeted industry company expanding within Collier County may include the wages of the existing jobs and the newly created jobs to calculate the average wage for the purpose of qualifying for the Fee Payment Assistance Program.

(Ord. No. 03-61, § 1, 11-18-03; Ord. No. 04-24, § 2; Ord. No. 2008-25, § 1)