For the purposes of this
, the
definitions shall apply unless the context clearly indicates otherwise or requires a different meaning.
AGREEMENT. Any agreement made pursuant to this between the Fiscal Court and an with respect to .
AGRIBUSINESS. The processing of raw agricultural products, or the performance of value-added functions with regard to raw agricultural products.
APPROVAL. Action taken by the Fiscal Court that authorizes the to receive and that designates the as an .
APPROVED COMPANY. Any whose application has been approved by the Fiscal Court.
COUNTY. Campbell County, Kentucky;
ELIGIBLE COMPANY. Any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, or other legal entity that is engaged in or is planning to be engaged in one or more of the activities within the : , , or operations. ELIGIBLE COMPANY does not include companies where the primary activity to be conducted within the is forestry, fishing, mining, coal or mineral processing, the provision of utilities, construction, wholesale trade, retail trade, real estate, rental and leasing, educational services, accommodation and food services, or public administration services.
INDUCEMENT. Up to a 40% reduction in employee withholding fees payable to the by the for a term not to exceed ten .
MANUFACTURING. Any activity involving the processing, assembling, or production of any property, including the processing resulting in a change in the conditions of the property and any activity related to the processing, assembling, or production of property. MANUFACTURING also includes storage, warehousing, distribution, and office activities related to the manufacturing facility.
PROFESSIONAL, SCIENTIFIC, OR TECHNICAL SERVICES. Any activity involving the performance of professional, scientific, or technical activities for others. PROFESSIONAL, SCIENTIFIC, OR TECHNICAL SERVICES includes those activities that require a high degree of expertise and training, and includes specialization according to expertise. PROFESSIONAL, SCIENTIFIC, OR TECHNICAL SERVICES includes, but is not limited to, legal advice and representation, accounting, payroll services, medical services, architectural and engineering services, computer services, research and development services, call center operations, centralized administrative or processing centers, telephone or internet sales order or processing centers, distribution or fulfillment centers, data processing centers, and other similar activities.
THRESHOLD CRITERIA.
(1) An
;
(2) A minimum new fiscal
payroll of $250,000 that is subject to the
employee withholding fee within the first
after
of an application by the
for the
.
(Ord. O-08-11, passed 6-1-11; Am. Ord. O-18-13, passed 12-18-13)