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ta <br />www.FinanceDTA.com <br />SECTION III <br />RECURRING ANNUAL AND ONE- <br />TIME ECONOMIC IMPACTS <br />Figure 7: Project's One -Time Construction and Development Employment <br />700 <br />600 143 <br />72 <br />500 53- 26 <br />400 <br />300 <br />200 <br />100 <br />0 <br />County City <br />n;*ect Indirect Induced <br />B.Z One -Time Labor Income <br />One-time construction and development costs will also have multiplier effects on <br />the economy, thereby generating one-time increases in Labor Income from the <br />construction of the site infrastructure improvements and non-residential buildings. <br />The average Labor Income is $83,157 per direct FTE job on -site, with an average <br />Labor Income of $81,699 per job including both indirect and induced jobs. Table 10 <br />and Figure 8 below, as well as Appendix B, summarize the projected increases in <br />Labor Income generated from the construction of the Project land uses. <br />Table 10: Project's One -Time Construction and Development Labor Income <br />.- <br />- <br />County <br />$38,002,669 <br />$4,912,090 $9,781,864 <br />$52,696,624 <br />City7 <br />$38,002,669 <br />$2,456,045 $4,890,932 <br />$45,349,646 <br />Note: All numbers are subject to rounding. <br />7 Assumes 50% of the indirect/induced Labor Income generated in the County will be created within the City. <br />South Coast Technology Center Project May 13 2024 <br />Economic Impact Study <br />17 <br />