Title
Authorization to allow an inducement to Webasto Roof Systems, Inc. as local participation in the Kentucky Business Investment (KBI) Program, which includes a 10-year local 1% wage assessment through KBI. To meet increased market demand, the company will expand existing operations at their Fayette County location. (L0385-25)(Atkins)
Summary
Authorization to allow an inducement to Webasto Roof Systems, Inc. as local participation in the Kentucky Business Investment (KBI) Program, which includes a 10-year local 1% wage assessment through KBI. To meet increased market demand, the company will expand existing operations at their Fayette County location. (L0385-25)(Atkins)
Budgetary Implications [select]: NO
Advance Document Review:
Law: { Yes, Completed by [Evan Thompson, 4/15/2025]}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: NA
Account Number:
This Fiscal Year Impact: Revenue to be rebated. Tax expenditure, not actual cost
Annual Impact: Revenue to be rebated. Tax expenditure, not actual cost
Project:
Activity:
Budget Reference:
Current Balance:
Body
{COUNCIL CLERK’S OFFICE WILL COMPLETE - Body of resolution or ordinance}