2002 Annual Report

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Corporate Incentive Program — Corporate disbursements are available to qualified companies that are relocating or expanding inside Davis, Weber, Salt Lake, and Utah counties. These disbursements are reserved for extraordinary growth that involved heavy capital investment, large numbers of new jobs, and a high average salary. There companies must also meet high requirements of Utah purchases during the term of the loan. No Corporate Incentives were approved this year.

Earned Credits — Participating companies earn disbursements from the state through performance credits. Each year after a company has met the employment and economic activity goals as set forth in the IAF Agreement, the annual payment is disbursed according to verified reports of performance. The IAF Agreement is currently available online at www. nxlight.net/dced password “anyuser” userna me “anyuser.”

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2002 Annual Report by Utah Governor's Office of Economic Opportunity - Issuu