Current through December 3, 2024
Rule 9 - Final ApplicationAfter the Qualified Business identified in the Preliminary Application decides to engage in a Qualified Relocation, the Applicant shall submit a Final Application which shall require submission of the following information:
(a) a detailed description of the number and types of New Full-Time Jobs to be located in the State;(b) the annual compensation and benefits for each New Full-Time Job to be located in the State;(c) a detailed description of the products and/or services that will be supplied by the Qualified Business from its location within the State;(d) a statement detailing the facts and circumstances that provide evidence of the substantial role of the Applicant in the decision of a Qualified Business to complete a Qualifying Relocation, along with such documentation acceptable to the Corporation substantiating the facts and circumstances set forth in the statement;(e) a submission from the Applicant and the Qualified Business stating that the Qualified Business had not commenced or engaged in a Relocation Search in this State within the 12 months prior to the date of the Applicant's Preliminary Application;(f) whether the Qualified Business will be purchasing or leasing a facility in the State;(g) details relative to development activities associated with the Qualifying Relocation including, but not limited to, costs associated with any real estate development;(h) a delineation of any other federal, State or local incentives, grants, tax credits, or other aid that will or may be received by the Qualified Business in completing a Qualifying Relocation; and(i) any other necessary and relevant information as determined by the Corporation.