L. JGIG awards shall be disbursed on a performance based, reimbursement basis over

Board of County Commissioners- Informal Meeting · 2026-04-14 · agenda_item

This item concerns a proposed incentive agreement for job creation, to be disbursed on a performance-based, reimbursement basis over a period not to exceed ten years. Annual payments will be based on the number of verified full-time equivalent jobs created and maintained, multiplied by an approved per-job grant value. The Board of County Commissioners will determine the specific grant award phases. This process is currently under review. The project would involve establishing a framework for future job creation incentives, potentially leading to site development, construction, and related services as businesses expand or relocate to meet job creation targets. Local contractors, suppliers, and service providers are encouraged to engage early to understand the potential scope and timing of work as the incentive agreement is finalized. Understanding the project's early stages allows businesses to position themselves for future opportunities.

maximum disbursement period

10 years