Economic Impact Analysis. Staff has evaluated the potential economic impact of the Project Appliance to the City of Seguin assuming the Project will result in $5 million in new taxable value and will create at least 20 jobs and $1.2 million in total annualized payroll. Over a 5-year period, it is estimated that Project South will generate more than $120,000 in new property tax revenue for the City of Seguin. And over a 10-year period, it is estimated that the City will see more than $216,000 in new property tax revenue. Project Appliance is located within the service areas of all three City utilities (water, wastewater, electric), and is anticipated to be a valuable electric utility customer once fully operational. In addition to the fiscal benefits to the City, Aceroteca can provide benefits to many of Seguin’s manufacturers. Metal fabrication is a key industry sector in Seguin. As a metal service center, Aceroteca could potentially serve many of Seguin manufacturers in the fabrication sector with the raw materials they rely on for their business operations.
Economic Impact Analysis. (i) ArenaCo shall reimburse the City and County for the cost (not to exceed
(ii) The Analysis shall be prepared by an independent consultant fully qualified to prepare the Analysis (“Consultant”) selected by the City and County with the approval of ArenaCo, which approval shall not be unreasonably withheld, conditioned or delayed. The scope of the Analysis shall be determined by the City and County based on the reasonable recommendations of the Consultant consistent with the requirements of this Section 23.g and with the approval of ArenaCo, which approval shall not be unreasonably withheld, conditioned, or delayed. Upon selection of the Consultant, the City and County shall enter into a written contract with the Consultant (“Consultant Contract”) regarding the preparation of the Analysis. The Consultant Contract shall require any preliminary drafts of the Analysis be made available for review by ArenaCo at the same time as they are made available for review by the City and County The City and County shall supervise the Analysis preparation process and will have sole authority to approve the final Analysis.
(iii) The Analysis shall be completed according to the following timeline: (a) The City and County will select the Consultant and inform ArenaCo of the selection within twenty- five (25) days of the Effective Date and ArenaCo shall respond within five (5) days thereafter (and if ArenaCo reasonably disapproves the selection the City and County will select a different Consultant consistent with the timeline and process set forth in this subsection) and (b) the Analysis shall be completed within ninety (90) days following execution of the Consultant
Economic Impact Analysis. 2.3.5.1 The Contractor shall describe as available in the literature, anticipated employment changes in Colorado by sector related to changes in health care financing and anticipated economic impacts of the new system on employers and households.
Economic Impact Analysis. An evaluation of the economic impact of the aggregate project investment should be undertaken that is fully compliant with the RDA Impact Evaluation Framework Guidelines: Conduct a robust quantitative economic impact evaluation that is fully compliant with the RDA ‘Impact Evaluation Framework’ (IEF) Guidelines and RDA ‘Practical Guidance on Implementing the Impact Evaluation Framework’ for each of the programmes including: achievement of gross outputs and expenditure against its approved targets; conversion of outputs from gross to net after accounting for deadweight effects (counterfactual position), displacement, leakage and multiplier effect; assessment of the contribution of outputs to attributable outcomes including any unintended outcomes/effects; assessment of additionality and an assessment of wider impacts on the sub-regional economy and London’s economy and as such the contribution to the programmes to the LDA’s corporate objectives set out in the Economic Development Strategy;
Economic Impact Analysis. As projects move through the entitlement or permitting process, DMG shall produce an economic impact analysis (brief version) for said projects at the request of the City Manager and/or Community Development Director. BCA City of Imperial/DMG, Inc. Economic Development Services Consulting Agreement 01/01/15-12/31/15 January 6, 2015
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(i) ArenaCo shall reimburse the City and County for the cost (not to Formatte
(ii) The Analysis shall be prepared by an independent consultant fully Formatte
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(a) The City and County will select the Consultant and inform ArenaCo of the selection within twenty-five (25) days of the Effective Date and ArenaCo shall respond within five (5) days thereafter (and if ArenaCo reasonably disapproves the selection the City and County will select a different Consultant consistent with the timeline and process set forth in this subsectionSection) and (b) the Analysis shall be completed within ninety (90) days following execution of the Consultant Contract. The Parties may agree to modify these timelines and a failure to meet these timelines shall not interfere with the ability of the City and County to exercise their rights under the condition precedent in paragraph 24.Section 24.g of this MOU.
Economic Impact Analysis. Formatted: Justified
(i) ArenaCo shall at its solereimburse the City and County for the cost and expense (not to exceed $200150,000) causeto conduct an economic impacts analysis (“Analysis”) to be prepared that examines the net economic impacts of the construction and operation of the Arena. The Analysis shall study the net economic costs and benefits of the construction and operation of the Arena in the geographical areas that would be affected by the construction and operation of the Arena and shall consider all relevant segments of the economy that would be affected by the construction and operation of the Arena, including without limitation retail, commercial, industrial and freight transportation. The Analysis shall include, without limitation, study of (a) the net changes in employment, wages, economic activity and tax revenues; (b) the net effects on Port of Seattle economic activity; (c) the net effects on the overall regional economy and the Arena’s compatibility with regional economic development plans; and (d) the net effects on women-owned and minority-owned businesses.
Economic Impact Analysis. If so directed by District, Service Provider will, at its own expense, generate an analysis of the economic impacts of Event. Such analysis shall be completed by an independent, professional third-party provider and shall contain, at a minimum, the following information: • Hotel room-nights generated by Event, both on- and off District tidelands; • Spending by out-of-region attendees, estimated for both on- and off District tidelands, by category, i.e. lodging, food and beverage, attractions, and other appropriate categories; • Direct, indirect and total economic impacts of Event on the District Tidelands and on the San Diego region; • Estimated tax revenue generated, by type, i.e. TOT, sales and any other tax types identified. • Anecdotal information illustrating business impacts of Event. • Assumptions and methodology used. Service Provider to schedule pick up of banner(s) from Port Administration Building a minimum of 30 days before event and return banner(s) within 30 days of event completion) Submittals shall be emailed to XXX@xxxxxxxxxxxxxx.xxx attention: Xxxxxx Xxxxxxxx, Waterfront Arts & Activation. Compliance with the award-recipient’s fulfillment requirements and District Stormwater Conditions will be considered in the District’s review of any future sponsorship applications.
Economic Impact Analysis. Quantify the potential economic impact of an innovation district on National Landing and the surrounding areas over five- and ten-year periods. Factors to be analyzed include, but are not limited to: (a) startup funding, company formation and job creation and (b) office leasing, property values, and tax revenue.
Economic Impact Analysis. T he product and service sales described in the survey provide the foundation for an estimate of the total economic impact of these Sandia T2 partnerships upon the U.S. economy. The study assumes that sales define the amount of a product produced. The costs of producing these products translate into expenditures that support other industries and households, through the purchase of materials and labor. The value of those expenditures, and subsequent purchases along the many supply chains, result in the total economic impact. Determining the impact to the U.S. economy requires that sales associated with international manufacturing be removed from the survey total. A large portion of the sales enabled by the T2 partnerships in this study was traced to offshore manufacturing. Through conversations with company representatives and extensive secondary research, TechLink researchers adjusted the sales figures collected by the survey to reflect only the sales that would have a domestic impact through manufacturing within the United States. The result of these adjustments is an estimated direct impact on the U. S. economy of approximately $33.3 billion, out of the total of $53.7 billion in worldwide sales. Even though there was $20.4 billion in worldwide sales eliminated from our domestic analysis, these foreign sales still have impacts on our international allies and their economies. The adjusted sales data was anonymized and delivered to the BRD at the University of Colorado Boulder. BRD staff employed the IMPLAN model to estimate the economic activity that was enabled by these partnerships. Results below are presented for output, value added, employment, labor income, and tax revenues. As previously noted, all dollar figures are reported in 2020 dollars. Note that this section aggregates both agreement types. Impact estimates separated by type are displayed in Appendix 1. Table 5 displays the output from the IMPLAN model. The outcomes are also discussed below. Impact Employment Labor Income Value Added ($ Millions) Output ($ Millions) Direct 119,367 $10,420 $14,735 $33,345 Indirect 146,877 $10,328 $15,837 $33,278 Induced 168,219 $9,244 $16,642 $29,273 Total 434,464 $29,992 $47,215 $95,896 Total Economic Impact (Output): $95.9 Billion Output represents the total economic impact and is the total value of purchases by intermediate and final consumers—the sum of direct, indirect, and induced sales.8 Output is closely associated with economic impact analysis and is o...
