HomeMy WebLinkAboutPIFB criteria to evaluate projects
Agenda Project Number:
The PIF Board will consider the following criteria to evaluate projects: Weight
Score
1-5
(1) Public facility projects that have a higher probability of successfully
creating or retaining significant numbers of jobs including unskilled,
semi-skilled, and skilled jobs; or that have a large job creation-to-PIF
funding ratio.
(2) Projects that leverage significant outside funding and/or
partnerships.
(3) Projects that would develop, re-develop, in-fill or expand existing or
planned infrastructure systems necessary to create or retain jobs.
(4) Projects with a higher match percentage. The match may include
project-related expenditures for a period up to one year prior to the
request for funding.
(5) Projects that will retain or create jobs or benefit the economy in
priority economic sectors or economic centers in the incorporated or
unincorporated areas of Jefferson County.
(6) Projects that also successfully mitigate for significant adverse
environmental impacts, if applicable.
(7) Consideration may be given for critical timing; emergent
opportunities;
(8) Projects which provide a balance of Geographic and Historic
Distribution
(9) Readiness to Proceed
(10) Degree project will increase tax base for public services
Rev. 2/15/19