Local-Level Incentives Sample Clauses

Local-Level Incentives. The Locality and the Authority expect to provide the following incentives, as matching grants or otherwise, for the Facility by the Performance Date: Category of Incentive: Total Amount [IF THE LOCAL-LEVEL INCENTIVES ARE NOT BEING PROVIDED UP-FRONT:] If, by the Performance Date, the total value of all Local-Level Incentives disbursed or provided, or committed to be disbursed or provided, by the Locality to the Company is less than the $________ COF Grant local match requirement, the Locality, subject to appropriation, will make an additional grant to the Company of the difference promptly after Performance Date, so long as the Company has met its Targets. [The _______________ will reflect cost savings to the Company.] [The proceeds of the _______________ [may/shall] be used by the Company for [any lawful purpose/ _______________.]]
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Local-Level Incentives. The Locality expects to provide the following incentives, as matching grants or otherwise, for the Facility by the Performance Date: Category of Incentive: Total Amount [THE FOLLOWING MAY BE APPLICABLE: In addition to providing the [ ], the Locality has elected to allocate $ from the TROF Grant toward the COF Grant local match requirement.] [IF THE LOCALITY’S FUNDS ARE BEING PROVIDED OVER TIME: If, by the [Initial] Performance Date, the [proceeds / funds] disbursed or committed to be disbursed by the Locality to the Company total less than the $ COF Grant local match requirement, the Locality, subject to appropriation, will make an additional grant to the Company of the difference at the [Initial] Performance Date, so long as the Company has met its Targets.] The proceeds of the Locality’s [may / shall] be used by the Company for [any lawful purpose / ].
Sample 1
Local-Level Incentives. The Locality expects to provide the following incentives, as matching grants or otherwise, for the Facility by the Performance Date: Category of Incentive: Total Amount Utility tax reductions $28,000 Building permit reductions 6,500 Major Project Coordination Service-Based Incentive 7,750 Enhanced Workforce Recruiting Service-Based Incentive 11,500 Marketing and promotions 3,000 If, by the Performance Date, the total value of all Local-Level Incentives disbursed or provided, or committed to be disbursed or provided, by the Locality to the Company is less than the $50,000 COF Grant local match requirement, the Locality, subject to appropriation, will make an additional grant to the Company of the difference promptly after Performance Date, so long as the Company has met its Targets.
Sample 1
Local-Level Incentives. The Locality expects to match the COF Grant by the Performance Date with a combination of the following incentives: Category of Incentive: Total Amount Technology Zone tax offsets (Estimated Value) $200,000 Upon a proper application by the Company and approval by the Locality, the Locality will provide the Company with a Technology Zone tax offset for the Facility. The Technology Zone program provides a reduction of at least 50% in the rate for the Business, Professional and Occupational License (“BPOL”) tax, which is a license tax levied by the Locality on a business’s gross receipts for the prior calendar year. If the Company applies to the Locality to qualify for the Technology Zone program, and the Business Tax Division of the Office of the Commissioner of Revenue for the Locality (the “Commissioner of Revenue”) determines that the Company qualifies, then for the purposes of this Agreement, for each year commencing in 2021 and ending in 2023 (based on the Company’s performance in calendar years 2020 to 2022): (i) the Company will file its BPOL tax return with the Commissioner of Revenue on or before March 1, reflecting performance through the end of the prior calendar year; (ii) the Commissioner of Revenue will give notice to the Locality on or before April 30, confirming the dollar value (the “Local Tax Offset”) of the Technology Zone tax offset related to the prior calendar year; and (iii) within 30 days after receiving such notice, the Locality will give VEDP and the Company written notice confirming the Local Tax Offset received by the Company for the prior calendar year. The Company must submit to the Locality a signed Authorization to Release Confidential Tax Information, in the form attached hereto as Exhibit D to authorize the Commissioner of Revenue to release the Company’s BPOL and business tangible personal property tax information to Arlington Economic Development and the Locality’s Department of Management and Finance, beginning with tax year 2019 and continuing for 10 years or the length of Company’s lease of the Facility, whichever is greater. The Locality will treat the tax information as strictly confidential and will not release it to the public, except as part of composite real estate and/or employee-related revenue data. The Local Tax Offsets shall represent cost savings to the Company. Infrastructure Improvements (Estimated Value) $400,000 By the Performance Date, the County will have made infrastructure improvements near the Facil...
Sample 1

Related to Local-Level Incentives

  • Level I If the grievance is not resolved through informal discussions, the supervisor shall give a written decision on the grievance to the parties involved within ten (10) days after receipt of the written grievance.

  • Level IV a. If the grievant is not satisfied with the disposition of his/her grievance at Level III, he/she may file the grievance within five (5) days of the Level III response for transmittal to the Board.

  • Performance Incentives Provided that sufficient funds are available from athletics revenue or gifts for the unrestricted use of the Department of Athletics, Athletics Director shall be entitled to receive additional non-salary compensation from the University in the form of the following stated bonuses for increased responsibilities, provided that all varsity sports are in compliance with all Governing Athletics Rules and University Rules, and there are no pending or active NCAA or __________ Conference investigations or major violations of which Athletics Director knew or should have known. [Insert Incentives – See examples below

  • Level II In the event the grievance is not resolved in Level I, the decision rendered may be appealed by the Union to the Superintendent of schools, provided such appeal is made in writing within (20) twenty days in person after receipt of the decision in Level I. If a grievance is properly appealed by the Union to the Superintendent, the Superintendent or designee shall set a time to meet regarding the grievance within fifteen days after receipt of the appeal. Within (20) twenty days after the meeting, the Superintendent or designee shall issue a decision in writing to the Union.

  • Staffing Levels To the extent legislative appropriations and PIN authorizations allow, safe staffing levels will be maintained in all institutions where employees have patient, client, inmate or student care responsibilities. In July of each year, the Secretary or Deputy Secretary of each agency will, upon request, meet with the Union, to hear the employees’ views regarding staffing levels. In August of each year, the Secretary or Deputy Secretary of Budget and Management will, upon request, meet with the Union to hear the employees’ views regarding the Governor’s budget request.

  • Performance Levels (a) The Performance Levels which apply to the performance by the respective Parties of their obligations under this Agreement are set out in Part 1 of Schedule 5. A failure by either Party to achieve the relevant Performance Level will not constitute a breach of this Agreement and the only consequences of such failure as between the Parties shall be the consequences set out in this Clause 5.6.

  • Long Term Cost Evaluation Criterion # 4 READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not i ncrease your catalog prices (as defined herein) more than X% annually over the previous year for years two and thr ee and potentially year four, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIP S, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentati on, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from th e “Attachments” section, complete according to the instructions on the form, then uploading the completed form, wit h any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they ma y apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@t xxx-xxx.xxx

  • Lower Salary Level An employee who accepts another position with a lower salary range will be paid an amount equal to his or her current salary, provided it is within the salary range of the new position. In those cases where the employee’s current salary exceeds the maximum amount of the salary range for the new position, the employee will be compensated at the maximum salary of the new salary range.

  • Education Level Use the employee educational level codes listed below. Code Short Description Long Description (If Applicable) 1 No formal education or some elementary school--did not complete 2 Elementary school completed--no high school Elementary school means grades 1 through 8, or equivalent, not completed. Grade 8 or equivalent completed. 3 Some high school--did not graduate High school means grades 9 through 12, or equivalent.

  • Long Term Cost Evaluation Criterion 4. READ CAREFULLY and see in the RFP document under "Proposal Scoring and Evaluation". Points will be assigned to this criterion based on your answer to this Attribute. Points are awarded if you agree not increase your catalog prices (as defined herein) more than X% annually over the previous year for the life of the contract, unless an exigent circumstance exists in the marketplace and the excess price increase which exceeds X% annually is supported by documentation provided by you and your suppliers and shared with TIPS, if requested. If you agree NOT to increase prices more than 5%, except when justified by supporting documentation, you are awarded 10 points; if 6% to 14%, except when justified by supporting documentation, you receive 1 to 9 points incrementally. Price increases 14% or greater, except when justified by supporting documentation, receive 0 points. increases will be 5% or less annually per question Required Confidentiality Claim Form Required Confidentiality Claim Form This completed form is required by TIPS. By submitting a response to this solicitation you agree to download from the “Attachments” section, complete according to the instructions on the form, then uploading the completed form, with any confidential attachments, if applicable, to the “Response Attachments” section titled “Confidentiality Form” in order to provide to TIPS the completed form titled, “CONFIDENTIALITY CLAIM FORM”. By completing this process, you provide us with the information we require to comply with the open record laws of the State of Texas as they may apply to your proposal submission. If you do not provide the form with your proposal, an award will not be made if your proposal is qualified for an award, until TIPS has an accurate, completed form from you. Read the form carefully before completing and if you have any questions, email Xxxx Xxxxxx at TIPS at xxxx.xxxxxx@xxxx-xxx.xxx 8 Choice of Law clauses with TIPS Members If the vendor is awarded a contract with TIPS under this solicitation, the vendor agrees to make any Choice of Law clauses in any contract or agreement entered into between the awarded vendor and with a TIPS member entity to read as follows: "Choice of law shall be the laws of the state where the customer resides" or words to that effect. 9

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