Jobs and Investment Documentation

Jobs and Investment Documentation. All Economic Development projects will be required to provide documentation of the jobs created and maintained and the investment made by the benefitting business. The following documentation is required for all Economic Development projects: A. Investment Documentation: Investment letter from the benefitting business stating the amount invested. B. Jobs Documentation: One dated payroll showing the overall employment requirement has been met and a second dated payroll at least 12 months later showing the overall employment requirement has been maintained. If at the end of 12 months, the benefitting business has failed to maintain the total employment requirement that was previously met, they will have 60 days to bring the total employment back up to the committed number. Inability to maintain the total employment requirement will require the repayment of grant funds to MDA