Unless the context requires otherwise, the following terms as used in this Subchapter shall have the following meanings:
“Activation Date” shall mean the date the Board of Commissioners established in the incentive agreement that is within two (2) years of final approval of the agreement and which aligns with the State incentive if applicable.
"Applicant" shall mean one applying for an occupational license fee withholdings credit pursuant to this Subchapter.
"Approved Company" shall mean an applicant approved by the Job Development Incentive Program Committee.
"Committee" shall mean the Job Development Incentive Program Committee.
“Eligible Company” shall mean any corporation, limited liability company, partnership, limited partnership, sole proprietorship or any other entity engaged in manufacturing, agribusiness, nonretail service or technology or national or regional headquarters operations, regardless of the underlying business activity of the company, but Eligible Company shall not include companies where the primary activity to be conducted in the City is forestry, fishing, mining, coal or mineral processing, the provision of utilities, construction, wholesale trade, real estate, rental and leasing, educational services, accommodation and food services or public administration services.
"Employee withholdings" shall mean the occupational license fee withholdings from an employee's wages, salaries, bonuses or commissions as set forth in Chapter 18 of the Code of Ordinances.
"Fund" shall mean the Job Development Incentive Fund.
"Program Manager" shall mean the Job Development Incentive Program Manager.
"New jobs" shall mean the creation of full time jobs directly created and employed by the applicant as a result of the project in the on-going operation of the applicant's business, not including jobs temporarily created or retained by construction of the project.
(Ord. BG90-67, 1/8/91; Ord. BG93-2, 2/16/93; Ord. BG94-47, 12/6/94; Ord. BG2006-32, 9/19/2006; Ord. BG2011-17, 4/19/2011; Ord. BG2016-49, 1/3/2017)