- A 15-year, 100 percent property tax abatement within city limits – a cumulative $456,750 savings per $1 million in investment, or $2.28 billion over 15 years on a $5 billion headquarters.
- A 16-year, 35 percent job growth incentive, calculated on city income tax withholding for full-time jobs paying more than $15 hourly, not to exceed $400 million over the life of the deal or $50 million in a single year.
- After expiration of the job incentive, a subsequent 15-year incentive based on 25 percent of income tax withholding toward reimbursing the company for its cost of acquiring, prepping and building the property. The total over the life of that incentive would not exceed the lesser of those costs or $75 million.
- A 15-year transportation fund, created by reserving 25 percent of income tax withholding (on top of the job incentive), that would be dedicated to roadwork, infrastructure and transit improvements for the site, such as autonomous employee shuttles. At an estimated $100 million in annual payroll, that would have been about $7.5 million over 15 years.
- A “net profit tax” incentive – reserved for companies that invest at least $7 billion the first year and create 1,000 new jobs with at least $45 million combined annual payroll. The city’s document does not spell out the percentage decrease offered on any net profit tax that Amazon would have due.
- Dedicated dark fiber-optic broadband capacity from the city’s network.
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