“Three Companies Back Out of Economic Development Agreements“, reports the Economic Development HQ blog. Austin Mayor Lee Leffingwell stated in a press release, “In recent months, Austin City Council action instituted stringent requirements in regard to economic incentives. It concerns me that we have greatly diminished the effectiveness of our incentive program by placing burdensome conditions into the agreements. These obligations range from exceedingly difficult reporting requirements, to new provisions regarding prevailing wage and minimum living wage, and other requirements.“
… it’s probably here somewhere
Daryl Phillips, CEcD, EDFP
I work as an economic developer consulting with communities and companies developing locations, building communities and identifying and developing workforce. However, my opinions on this blog are free and my own, as is the blog itself.
I am a member of International Economic Development Council, Southern Economic Development Council, Tennessee Economic Development Council and International Council of Shopping Centers.
I have earned over 20 years experience in economic and workforce development. I have earned and maintain the designation of Certified Economic Developer (CEcD) from International Economic Development Council (IEDC), the Economic Development Finance Professional (EDFP) certification from National Development Council. I have earned a Master of Business Administration from Tennessee Technological University.
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