City Council Workshop

Background & History City Council Workshop Direction/Discussion (February 28, 2012) City Staff to Draft Program Guidelines Conduct Informal Survey of New Businesses Feedback from Chamber, Flagler County ED, and FCAR Proposed Program Guidelines Direction/Discussion (March 13, 2012) City Council to Provide Feedback to City Staff City Staff to Summarize Feedback City Council Workshop (May 29, 2012) Feedback Summary

Proposed Program Guidelines Section 3. Eligibility Requirements Recruiter Palm Coast Citizen or Palm Coast Business Owner NOT City Manager, or on City Council Consensus? – Compensated for Economic Development Not Eligible Must Pre-Apply for Program Must Apply Every Year for Rewards Business Employ a minimum of 5 Full Time Employees Consensus? –Number of Employees and Ownership Interest Must Establish a Palm Coast Commercial or Industrial Location NOT a Home Based Business Must be a Primary Employer Consensus? – Or QTI, Different Reward Level for Non-Primary Must be a Relocating, Expanding, or New Business Must have been in Similar Business for at least 3 years Consensus? – Keep or Delete Requirement

Proposed Program Guidelines Section 4. Pre-Application - Provide Contact Information of Businesses Section 5. Application Process - Submit Application and Documentation Section 6. Reward Levels Option A - $500/Job Created/Retained, Total Max $10k Consensus? – Two CC’s Preferred with Alternative Payment Schedule for Non-Primary Employers $Option B – Flat Fee with Business Incentives Consensus - No Preference for this Option Option C – Flat Fee of $500 Consensus? - Two CC’s Preferred with changes to payment schedule and increase of amount to $1,000. Section 7. Approval Staff to Bring Applications to City Council for Review and Approval Consensus? – City Staff Approval First-Come, First Serve Basis, Limited to Funding Availability

City Council Discussion & Direction