Professional Documents
Culture Documents
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Definitions
Jobs
Jobs/Wages
Wages
The number of jobs is calculated by adding together the number of retained job
project.
Both retained and new jobs must be direct jobs (directly employed by the taxpa
meet or exceed the Estimated Living Wage for Kansas City, Missouri (see definiti
Retained jobs are defined as any full-time permanent employees currently emp
taxpayer within the City limits of Kansas City, Missouri at the time of application.
Net new jobs are any full-time permanent employees of the taxpayer or related
site (within Kansas City, Missouri), which will be hired in conjunction with the pro
number of current employees of the taxpayer in the calendar year preceding the
Wages shall be comprised of only direct wages, and shall not include the value
For hourly employees, the annual wage shall be calculated based upon the hou
calendar year.
Average wages shall be calculated based on a weighted average, using the foll
Annual Payroll = SUM (job1*job1 Annual Salary, job2*job2 Annual Salary, job3*jo
Annual Payroll/Total Number of Employees (Retained + New) = Average Wage (W
The minimum wage threshold of any jobs to be considered in the job score for c
Estimated Living The estimated living wage for Kansas City, Missouri (Platte, Clay, Cass, and Jac
Wage
Poverty in America Living Wage Calculator, Massachusetts Institute of Technology
Total Capital
Investment
Real Property
Investment
Capital Investment
Includes the cumulative investment of both real and personal property that is p
project or leased throughout the duration of incentives period.
Total Capital Investment shall be calculated based on the following formula - To
herein) + Total Real Property Investment (as defined herein) = Total Capital Inves
NOTE: Bonus points will be awarded to projects when the term (number of year
estate equals or exceeds the term of incentives being requested.
Personal
Property
Investment
Includes any of the following which are paid for by the taxpayer or developer in c
Equipment used in the manufacture or production of a product; and
Tangible personal property that is purchased for use in the proposed facility by
improvements made to a facility which shall be occupied by the taxpayer or relat
NOTE: Bonus points will be awarded to projects when the term (number of year
estate equals or exceeds the term of incentives being requested.
Businesses whose primary business operations include at least one of the NAICS
Census tracts within Kansas City, Missouri which meet at least one of the followin
< 50% AMI; or
Historically
Poverty > 40%; or
Underinvested Unemployment >2.0 times U.S. Rate
Census Tracts
NOTE: See attached Exhibit A for a complete listing of eligible census tracts [Wh
Geography
Severely
Distressed or
Distressed
Census Tracts
Census tracts that meet eligibility requirements for the specified levels of incom
Severely Distressed Census Tract: defined as Income < 60% AMI or Poverty > 3
U.S. Rate
Distressed Census Tract: defined as Income < 80% AMI or Poverty > 20%
NOTE: A reference map for looking up this information is available here:
Geography
Streetcar
Corridor
Includes any parcel of land obligated to pay a special assessment specifically des
line of the streetcar system or any expansion.
The building or buildings that the principal executive officers of an eligible busi
principal offices AND that meets at least one of the following criteria:
Headquarters
Facility
A headquarters facility is the entity at the top of a corporation that takes full re
the corporation, and ensures Corporate Governance. Corporate headquarters is a
and covers different corporate functions such as strategic planning, corporate co
finance, HR, IT, Procurement (CPO). The corporate headquarters includes: CEO as
staff, such as the CEO office and other CEO related functions.
Owner-Occupied The facility that is seeking the use of incentives serves as a primary place of bus
company, and is owned by the Company and/or its related real estate entity.
Facility
Relocation
Distance
Workforce
Training
Programs
LEED Certified
Construction
Project Enhancements
Historic
Restoration
Determined by calculating the distance from the closest currently operating facil
to the proposed project site within the City of Kansas City, Missouri.
A project must demonstrate that the workforce training program is a new initia
a proposed project, for specific jobs being created in conjunction with the project
employees in a critical or primary capacity for the operation of the business.
Workforce training programs which are on-going and part of typical operations
needs of an expansion of workforce will not be considered eligible investment.
Projects which are seeking historic designation at the local, state, or federal leve
OR which are pursuing local, state or federal historic tax credits on behalf of a pr
Projects involving properties, including structures, which:
Brownfield
Remediation
Brownfield
Remediation
Infill
Development
Project
Assessment
oject Community Impact
Score
Scores
Involves a project that is projected to attract sales from outside its primary trade
dollars.
Not Eligible: projects receiving under 30 points would not be considered eligible
recommended for the use of incentives.
Low Impact: projects between 30-60 points would be categorized as Low Impac
than standard levels of incentives.
Standard Impact: projects between 61-150 points would be considered Standar
standard levels of incentives.
High Impact: projects scoring greater than 150 points would be considered Hi
standard or higher levels of incentives.
NOTE: Projects which do not meet the threshold for eligibility or which desire a
otherwise recommended would require further policy review by EDC staff, the ED
City Council, as appropriate or required by city policy.
nt Project Scorecard
st 2016
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uilding Council.
hich:
Instructions: Using the drop down menu in the grey boxes, select the points and mulitpliers for th
clicking the arrow will show a dropdown menu where you
(a) Determine Job Points - the number of points earned due to the amount of jobs created or retaine
(b) Find the Wage Multiplier that corresponds to the average wage per job and the quadrant of the C
Your total score for Part I will automatically appear in the dark grey box.
(a) Job Points - Number of jobs created or retained by the project.
Jobs Created or Retained
2 - 40
41 - 85
86 - 200
201+
(b) Wage Multiplier - Find the quadrant of the City where the project is located (use the list below).
NonDistressed
Distressed
Severely
Distressed
$18,555 - 61,662
< $18,555
$18,555 - 45,654
< $18,555
$18,555 - 40,226
Continuously
Distressed
< $18,555
$18,555 - 31,620
Wage Multiplier
New to KCMO
New to
Missouri
New to KC
Region
$0 - $1 M
0
1
3
Not Recommended
0 30
YES
NO
rk grey box.
oject.
Point Value:
Point Value
5
10
15
20
Multiplier:
100% 120%
$61,662 73,994
> $73,994
$45,654 54,785
> $54,785
$40,226 48,272
> $48,272
$31,620 37,944
> $37,944
1.5
$12 M+
5
7
10
Point Value
10
15
20
25
Select One:
Standard Impact
50 75
100
High Impact
75 100
an arrow to appear;
20
40%
2
40
b). Depending on
10
10%
below.
20
25
25%
YES
15
15%
Yes or No?
YES
YES
YES
YES
YES
10
10%
100%
Instructions: Using the drop down menu in the grey boxes, select the points and mulitpliers for th
arrow to appear; clicking the arrow will show a dropdown menu where you
Point Value
2
3
4
5
Point Value
10
15
20
30
40
A
B
C
D
NOTE: Fill out either, not both, Part IV(a) Commerical/Retail or IV(b) Residential based on the pr
(b)
(c)
(d)
(e)
(f)
(g)
Project improves and/or increases the supply of affordable housing (10 pts)
(b)
(c)
(d)
(e)
Includes accessibility features to accommodate residents with special housing needs (i.e.
(f)
Increases the availability of transitional and/or permanent housing for homeless persons,
domestic abuse (5 pts)
(g)
Improves housing conditions and choices for public housing tenants thorugh the developm
plans that promote individual responsibility and economic opportunities (5 pts)
(h)
(i)
Not Recommended
0 30
YES
NO
N/A
Low Impact
30 50
0.5
1
1.2
1.5
1.7
2
roject Evalution
he points and mulitpliers for the project. Clicking a grey box will cause an
w a dropdown menu where you can select options.
OB CREDIT SCORE
s construction) and whether or not the project jobs pay the prevailing wage.
ox.
oject.
Point Value:
L INVESTMENT IMPACT
e project corresponds to the point values below.
Point Value:
40
40
I- GEOGRAPHY
, Missouri as indicated below?
on (one category only).
Yes or No?
NO
N/A
Poverty > 20% (15 pts)
% AMI or Poverty > 30% or Unemployment > 1.5 times U.S. Rate (2 N/A
YES
r 15 Years or more (25 pts)
TOTAL Point Value for Part III:
25
0 pts)
YES
NO
0 pts)
YES
0 pts)
YES
YES
YES
YES
TOTAL Point Value for Part IV:
30
0 pts)
ments (5 pts)
TOTAL Point Value for Part IV:
High Impact
75 100
100
5%
40%
25%
30%
100%
DRAFT