The Universal City Economic Development Corporation (UCEDC) uses its sales tax funds to assist qualifying companies with relocations, expansions, infrastructure or site development needs, site redevelopment, and façade improvements. On a case by case basis, additional areas of assistance may be considered. All incentives are subject to approval by the Board of Directors of UCEDC and the City Council.
The overall incentive package is determined by one or more of the following criteria:
- Targeted business or industry
- Fulfillment of the vision of the UCEDC and the City
- Jobs created or retained
- Capital investment
- Project location
- Amount of new sales tax and property taxes generated by the project