The Jacksonville City Council is committing to paying up to $450,000 in tax-refund incentivesfor an unnamed financial-services company to come to town.
The entire incentive package is worth more than $3 million. The state will contribute $2.8 million in grants and tax refunds.
Jacksonville Economic Development Director Kirk Wendland says the company will create 450 full-time jobs.
“The average wage per the contract needs to be at about $50,000,” he says. “We think the average wage will exceed that by about 20 percent, actually.”
Wendland says the company is looking at existing real-estate in the city but hasn’t picked a location.
The identity of the company is a secret until the deal is finalized. The City Council refers to it as Project Omega.
