Agenda - 12-02-2013 - 6g - Laserfiche WebLink

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6 Company Commitment Form III I I, Masao Hoshino , an official representative of Morinaga America Foods, Inc. company, do hereby certify that, if the application for the above referenced funds are approved, the Company will fulfill the following commitments: I 4- No other facilities will be abandoned nor will any other persons be displaced as a result of this project. I ❖ All positions created by this project will be newly created positions and the jobs will not be "pirated"from another facility owned or operated by the Company. • The Company will undertake and carry out the project in accordance with this application for CDBG-ED assistance. The information pertaining to the Company is accurate. ❖ The Company will retain 0 jobs and will create an additional 90 new jobs within the three year project period. Of the 90 jobs created, at least 60%will be filled by low and moderate-income persons. ❖ The Company agrees to either screen all applications and hires for the required employee statistical information and the required documentation or to allow the Employment Security Commission to perform these functions on their behalf. ❖ The Company will either provide the Grantee with a quarterly status report (including the ESC-101 report form)with sufficient detail for the Grantee to determine the number of hires and the low and moderate income status of each or will allow the Grantee or its representative to complete an on-site review of hiring information to develop a quarterly record of hiring status. This obligation will end at project close out unless the Commerce Finance Center reviews available information and grants the company permission to stop collecting the required data at an earlier date. Company Representative Date CDBG-ED Private Company Commitment Section 14