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HomeMy WebLinkAbout15-042JOSEPH E. SMITH, CLERK OF THE CIRCUIT COURT SAINT LUCIE COUNTY FILE # 4065847 0510112016 at 04:13 PM OR BOOK 3742 PAGE 25 - 32 Doe Type: RESP RECORDING: $69.50 RESOLUTION 15-042 A RESOLUTION AMENDING RESOLUTION NO. 94-168 BY AMENDING THE ST. LUCIE COUNTY JOB GROWTH INVESTMENT GRANT (JGIG) PROGRAM PROCESS TO ESTABLISH ALTERNATE JOB GROWTH INVESTMENT GRANT CRITERIA IN ORDER TO PERMIT LOCALLY OWNED AND OPERATED BUSINESSES TO PARTICIPATE IN THE JOB GROWTH INCENTIVE GRANT (JGIG) PROGRAM WHEREAS, the Board of County Commissioners of St. Lucie County, Florida, has made the following determinations: 1. On August 23, 1994, the Board adopted Resolution No. 94-168 which approved the Job Growth Investment (JGIG) Program Process and Criteria; and, 2. The Board has determined that it is in the best interest of local businesses and the residents who make up the local workforce to amend the JGIG Program to specifically provide for participation by locally owned and operated businesses. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of St. Lucie County, Florida: 1. Resolution No. 94-168 is hereby amended by amending the Job Growth Investment (JGIG) Program Process and Criteria attached hereto and incorporated herein to provide for participation by locally owned and operated businesses. 2. This resolution shall take effect on the date of adoption. After motion and second, the vote on the resolution was as follows: Chair Paula Lewis AYE Vice -Chair Kim Johnson AYE Commissioner Chris Dzadovsky AYE Commissioner Tod Mowery AYE Commissioner Frannie Hutchinson AYE PASSES AND DULY ADOPTED this 31st day of March 2015. ATTEST: 2� ��_ � � DEPUff CLERK BOARD OF COUNTY COMMISSIONERS ST. LUCIE COUNTY, FLORIDA BY: APP COF BY: EXHIBIT A ST. LUCIE COUNTY JOB GROWTH INVESTMENT GRANT (JGIG) PROGRAM PROCESS General: Board of County Commissioners adopted JGIG Program guidelines in 1994 through Resolution 94-168, subsequently amended in 1998, 2003, 2005, 2006, 2009 and 2015. 2. Board of County Commissioners provides funding for JGIG Program as part of the annual County operating budget. The exact amount to be funded varies by year but generally does not exceed $500,000 per County fiscal year. 3. Board of County Commissioners established through Resolution 94-168, as amended, a Job Growth Investment Grant Review Committee (Review Committee) comprised of three (3) members whose composition includes: • One (1) County Administrator • Two (2) from the Business & Strategic Initiatives Division (Division Manager and his/her designee). 4. There shall be a program administrator for the Job Growth Investment Grant program who shall be charged with the overall responsibility for the management of the Job Growth Investment Grant program. The program administrator shall be the Business & Strategic Initiatives Manager or his/her designee. 6. Alternative Job Growth Investment Grant criteria for locally owned and operated businesses are found in Part I II of this document. Application Procedures The St. Lucie County Business & Concurrency Department produces collateral material promoting JGIG Program and provides all required application forms. 2. Applicants shall submit written project details to the St. Lucie County Business & Strategic Initiatives Division identifying the anticipated number of new hires during the term of the grant, average starting wage rate, benefits packages, training programs and capital investment. Any grant agreement shall be performance based. 3. Applications are to be submitted to the Program Administrator for verification, presentation and recommendation to the Job Growth Investment Grant Review Committee. 4. The Program Administrator shall inform the applicant, by letter, of the Review Committee's Job Growth Investment Grant Program Process and Criteria Page 1 of 7 Updated March 16, 2015 recommendation and the date, time, and place the Board of County Commissioners will consider the application for Job Growth Investment Grant. JGIG grant agreements shall be presented to the Board of County Commissioners for approval and execution (Consent Agenda when standard contract is adhered to and Regular Agenda when standard contract is not used). 6. Once awarded a JGIG grant, the applicant shall provide the Program Administrator documentation of performance, as required by Agreement. The Program Administrator will verify the documentation, and will make a determination of compliance with grant agreement/JGIG. 7. The County's Management and Budget Director shall, upon the recommendation of the Business & Strategic Initiatives Manager, approve invoices and submits JGIG payment request to Clerk of Board of County Commissioners (Finance Department) for audit and payment. If there is any dispute over the documentation, such dispute shall be submitted to the Review Committee for recommendation. The Review Committee shall refer unresolved issues to Board of County Commissioners for review and final action. 9. The Program Administrator will monitor the grantee regularly to verify compliance with the requirements of the JGIG grant award. 10. The grantee will supply quarterly the Employer's Quarterly Report (UCT-6) to the Program Administrator as required by the agreement, and all other documentation as necessary for the Program Administrator, to demonstrate that the job creation and salary level commitments were achieved. 11. The Program Administrator will monitor the grantee annually to determine the economic impact of its relocations or expansions. Job Growth Investment Grant Program Process and Criteria Page 2 of 7 Updated March 16, 2015 JOB GROWTH INVESTMENT GRANT (JGIG) PROGRAM CRITERIA I. Administration: 1. Job Growth Investment Grant ("JGIG") monies will be managed and disbursed by the St. Lucie County Board of County Commissioners ("Board"). 2. The St. Lucie County Business & Strategic Initiatives Division will be the executive agent for accepting applications for JGIG grant awards. The St. Lucie County Business & Strategic Initiatives Division will review each application received for completeness. Once certified as complete, the application will be forwarded to the Review Committee for review and recommendation to the Job Growth Investment Grant Review Committee, 3. The Review Committee must evaluate and, if appropriate, render a preliminary evaluation within fourteen (14) days of the Program Administrator's recommendation to the Review Committee, and schedule each approved application for final consideration at the next available meeting of the Board of County Commissioners, but not more than fourteen (14) days from the Review Committee's recommendation. The time criterion for Board consideration may be extended upon request of the St. Lucie County Business & Strategic Initiatives Division, the Board of County Commissioners, or Program Administrator, 4. Recognizing that the funds for the Job Growth Investment Fund Program are limited, the Board of County Commissioners may prioritize, approve, disapprove and/or modify grant awards (including awarding of authorized bonuses) for the program at its sole discretion. Application Selection Criteria: Any industry expansion within St. Lucie County or relocation to the County that encompasses one or more of the following targeted industry categories shall be considered eligible for the receipt of a JGIG grant award: Job Growth investment Grant Program Process and Criteria Page 3 of 7 Updated March 16, 2015 Target Indus List MANUFACTURING FACILITIES INCLUDING Chemical Manufacturing Pharmaceutical Manufacturing Computer & Electronic Product Mfg. Computer & Electronic Component Mfg Eiectromedical Apparatus Mfg. Laser Manufacturing Software Reproducing Transportation Equipment Manufacturing Aviation & Aerospace Manufacturing Machinery Manufacturing Instruments for Measuring & Testing Elec. Lens Manufacturing Power Distribution, Generation & Technology Electrical Equipment Manufacturing Appliance Component Manufacturing Fiber Optic Cable Manufacturing Surgical & Medical Instrument Mfg. Food & Beverage Products Manufacturing Wood & Paper Product Manufacturing Printing & Related Support Activities Aquaculture Boat and Allied Products Mfg FINANCE & INSURANCE SERVICES Funds, Trust & Other Financial Vehicles INFORMATION INDUSTRIES Film, Video/Electronic Media Production Information Services & Data Processing Data Processing Services Software Publishing Music Publishing Telecommunications Satellite Communications Job Growth Investment Grant Program Process and Criteria Updated March 16, 2015 CLEAN ENERGY Solar Energy Biomass Energy and Biofuels Fuel Cell and Hydrogen Technologies Ocean Energy Other Renewables PROFESSIONAL, SCIENTIFIC & TECHNICAL SERVICES Professional, Scientific & Technical Computer Programming/Software Computer System Design Management, Scientific & Tech Services Research & Development Scientific & Technical Consulting Svc Simulation Training Testing Laboratories Bio -Medical & Bio -Science Nano Technology MANAGEMENT & DISTRIBUTION Management Services National, International & Regional Headqtrs Distribution Centers ADMINISTRATIVE & SUPPORT SERVICES Technical Support Other industries may be considered by the Board of County Commissioners if the company can improve the quality of life within the community by creating new jobs and/or high wage jobs Page 4 of 7 3 Expansionfrelocation that will create ten or more new jobs, paying (an average of) at least 107% of St. Lucie County's Private Sector average salary/wage level. A lower average wage may be accepted by the Board of County Commissioners if the impact is off -set by the number of new jobs created or by a large capital investment into the community or the industry addresses a special need of the community. The total direct economic impact of the project to the County including the number, type, and quality of the jobs, including benefits offered, capital investment which will be produced in the County during the construction of the project and thereafter. Grant Limits: The maximum for grant award is $3,075 per new -job created; larger per job awards, subject to Board approval, are possible for those companies meeting additional Bonus Criteria. The maximum grant award is $1,500,000, including any applicable bonuses, with the flexibility to increase the cap for outstanding projects upon recommendation of the Program Administrator, the Review Committee and approval by the Board, but in no case should a JGIG exceed $1,500,000. Unless otherwise determined by the Board, the grant award shall be phased in as follows: Grant awards equal to or less than $50,000.- (a) 50,000: (a) Year 1 - 50% of grant (b) Year 2 - 50% of grant Grant Awards for more than $50,000: (a) no more than 20% of the total grant award per annum All grant awards shall be distributed within 45 days of March 315' or September 3016 of the year following the first annual report that certifies compliance outlined in the job creation requirements of the JGIG Grant award. 4. Bonuses may allow a company to reach the maximum award cap with Board of County Commissioners approval. The grant award amount will be calculated at a base rate of $1500 per job award amount plus bonuses, if applicable. Established bonus criteria as follows (except as provided in section III, paragraph 2): (a) JOBS CREATED 50-99 100-199 200+ PERCENT OF BONUS +20% +30% +35% These new jobs will be phased in on the following schedule; Year One after Effective Date _% or a minimum of jobs Year Two after Effective Date _% or a minimum of jobs Year Three after the Effective Date _%ora minimum of jobs Year Four after the Effective Date _% or a minimum of jobs To obtain the full annual Grant amount for jobs created, the annual calculation of cumulative jobs created must meet or exceed the cumulative job levels and meet the hourly wage requirements. If the company does not achieve the cumulative job creation goal stated within the Job Growth Investment Grant, but has achieved a minimum of 85% of the job cumulative creation commitment for the period, the JGIG amount will be recalculated for the scheduled year. The County will recalculate the Grant amount based on the actual job levels obtained, and pay the annual amount as calculated reduced by 50%. The COMPANY'S failure to achieve a minimum cumulative job creation of 85% of the cumulative job creation commitment for any one year will result in the forfeiture of the entire Grant amount it was scheduled to receive for that year and such funds shall not be available in a subsequent year of the Grant. The COMPANY'S failure to receive funds in any year it fails to meet or maintain its job creation commitment shall not be grounds for an extension of the established payment schedule. Such forfeiture will not preclude the COMPANY'S receipt of scheduled Grant amounts for subsequent years in which it is able to maintain its job creation commitment. (b) A 5% bonus may be awarded if at least 90% of jobs are filled by residents of the County who have resided in the County at least one (1) year prior to the application. (c) Annual Average Salary Percent of Bonus 125% SLC avg. salary +15% 150% SLC avg. salary +30% This wage rate will be adjusted on the third and sixth anniversary of the Effective Date of each Agreement for wage rate inflation based upon the percentage increase of the Consumer Price Index from the effective date to the three to six year mark. (d) Research bonus of 30% for a Research firm meeting the basic requirements. (e) Bonus for use of local contractors* in St. Lucie County: 5% *Local Contractors are those contractors who are licensed St. Lucie County and have an office located in St. Lucie County. III. Alternative Grant Criteria for Locally Owned and Operated Small Businesses In recognition of the Iona term investment and civic importance of locally owned and operated small businesses who are expanding within St. Lucie County, the Board of County Commissioners offers alternative criteria for such businesses as an alternative to the standard criteria in this document. 1. Definition: "Locally Owned and Operated Small Business" — a. A target industry continually operated in St. Lucie County for at least three (3) years, and; b. owned and operated by a St. Lucie, Martin, Indian River or Okeechobee County resident whose homestead islocated in St. Lucie- Martin, Indian River or Okeechobee County, and; c. employs 50 or fewer. Application Selection Criteria: a. Job Creation: Business expansion will create at least 10 new full time equivalent lobs, and; b. _Wage Level Commitment: New mobs will pay at least 100% of the St. Lucie County average annual hourly wage as published by Enterprise Florida, unless otherwise approved and; c. Capital Investment: $1,000,000 capital investment minimum unless otherwise approved by the Board. Capital investments include real estate, construction, fixtures and equipment. Grant Distribution: If grant award totals less than $50,000, the grant award shall be phased in two 2 payments as follows unless otherwise approved by the Board: i. Payment 1: (50%) At time of Certificate of_Occupancy for the expansion or, if no construction is proposed, upon submittal of receipts for qualified capital investments, ii. Payment 2: 50% Upon filing an annual report with the Count demonstrating compliance with the mob creation and wage level commitments in the agreement.