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This model approximates the following weights out of a 100 possible points: <br />Categ9;ry, r _ , Poinls,Possille <br />Jobs Wtitiber. Quality, Waues, Hiring Residents) 50 points <br />nta I Impact 1s <br />The allocation in the model represents the desire and need for qua Iityjobs in Chatham County, <br />while balancing the local governments' need for additional capital investment (and associated <br />property tax revenue), desire to preserve /protect the natural environment by focusing <br />development to certain designated areas, and interest in targeting identified industry clusters. <br />Depending on their score, new companies and existing company expansions are eligible to <br />qualify for, but not guaranteed, a financial incentive grant based on the percentages of annual <br />property taxes paid for each year for a five year period as outlined below. The County and <br />Chatham County EDC will continue to utilize qualitative criteria outlined in this document and <br />other policy documents to approve, reject, and /or modify the grant amount. <br />70% 1 75% 1 80% 1 90% 1 90% <br />500% 1 55% 1 60% 1 70% 1 75% <br />35% 1 40% 1 50% 1 60% <br />