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Consider Tax Abatement Assistance for Metal Craft <br />July 9, 2007 EDA Meeting <br />Page3of3 <br />• Commitment from Metal Craft to create 26 new full-time equivalent jobs at a <br />minimum hourly wage, exclusive of benefits required by law, of $15.00 within two <br />years of the final certificate of occupancy <br />Next Step <br />A City Council public hearing has been scheduled for July 16, 2007 to consider providing <br />Tax Abatement and a business subsidy to the Metal Craft expansion project. <br />