Designs for Health (Project Protein) Economic Development Incentive Agreement.

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Presentation transcript:

Designs for Health (Project Protein) Economic Development Incentive Agreement

Designs for Health Company Background Current Palm Coast Facility Leased Facility with 24 Employees Expansion Plans Purchased Existing Facility Plans to Add 50 Employees $12 Million in Economic Impact

Proposed Incentives City’s Fiber Optic Network Connection Rebate Performance Based Grant Equivalent to City Property Taxes over 7 Years Based on Job Retention/Creation Goals Estimated Return on Investment $160 for Every $1 of City Incentives

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