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10-11-10 Council Agenda & Packet
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10-11-10 Council Agenda & Packet
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Xo <br />9 <br />8 <br />c� 7 <br />P 6 <br />� 5 <br />s 4 <br />3 <br />2 <br />1 <br />Percent of Taxes Due <br />Uncoil TTnnn Tntai Phase -In Credits Earned <br />100 <br />100 <br />100 <br />100 <br />100 <br />100 <br />100 <br />95 <br />100 <br />100 <br />100 <br />100 <br />100 <br />100 <br />5-995 <br />90 <br />100 <br />100 <br />100 <br />100 <br />100 <br />88 <br />7489 <br />80 <br />100 <br />100 <br />100 <br />100 <br />86 <br />75 <br />6773 <br />70 <br />100 <br />100 <br />100 <br />83 <br />71 <br />63 <br />5 -662 <br />60 <br />100 <br />100 <br />80 <br />67 <br />57 <br />50 <br />4450 <br />50 <br />100 <br />75 <br />60 <br />50 <br />43 <br />38 <br />x-337 <br />35 <br />67 <br />50 <br />40 <br />33 <br />29 <br />25 <br />22 <br />20 <br />33 <br />25 <br />20 <br />17 <br />14 <br />13 <br />11 <br />5 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />0 <br />3 4 S 6 7 8 9 10 <br />Length of Earned Tax Phase -In <br />Total Tax Phase -In Credits earned equal the total of the Base Phase -In Credits and Bonus Phase - <br />In Credits earned by the applicant, in accordance with the following: <br />Base Phase In Credits <br />During the first three,} years of a phase -in, the Base Impact Measures for <br />Investment must reflect actual investments as constructed or installed. The Base <br />Impact Measures for net new einplo3qnentjebs, existing Jabs, and wages may <br />reflect the estimates of these impacts. <br />During year four Viand thereafter of a phase -in, the Base Impact Measures for <br />Investment must reflect actual investments as constructed or installed, and must <br />reflect actual performance for the Base Impact Measures credits associated with <br />the Base Impact Measures for net new eMployLnentjobs, , and wages. <br />Bonus Phase -In Credits must reflect actual performance achieved, in accordance with the <br />following: <br />During the first three years of a phase -in, Bonus credits must reflect actual <br />performance achieved during the previous calendar year per Section 2 -81. <br />During year four .and thereafter of a phase -in, Bonus credits must reflect actual <br />performance achieved during the previous calendar year per Section 2 -82. <br />IN <br />
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