The following businesses are eligible to complete an application for the Program:
(a) A business constructing, buying or leasing property within the City of North Olmsted that has not had employees located in the City of North Olmsted within the preceding one (1) year and that will create a New Annual Payroll in excess of five hundred thousand dollars ($500,000).
(b) An existing business already located in the City of North Olmsted that is expanding and that will create a New Annual Payroll in excess of five hundred thousand dollars ($500,000) while maintaining its pre-application work-force and annual payroll.
(Ord. 2007-102. Passed 9-4-07.)