Hillsborough commissioners approve incentives for three financial services firms
Hillsborough County commissioners unanimously approved a trio of incentive packages to lure three financial services firms to create or add jobs in the community.
With little discussion, commissioners approved spending a likely total of up to $973,500 to bring up to 1,000 jobs to the area. The Tampa City Council was considering additional incentives Thursday.
Two of the companies have already been identified, having already won approval for further state subsidies. They are Depository Trust & Clearing Corp., which already has a presence here, and Digital Risk LLC, a company that analyzes the risks or mortgages for buyers and sellers and is based near Orlando.
The third company, which is seeking state support, has not been identified.
Here are the details of each:
* New York-based Depository Trust is considering adding up to 255 new jobs over five years paying on average of at least $81,110 and would retain an additional 35 jobs. Ron Barton, director of economic development for the county, said the jobs will actually pay on average more than $100,000 annually.
The company opened offices here following the 9/11 terrorist attacks. It processes about $1 trillion in Wall Street trades daily. Currently it has about 530 employees in Tampa. It is seeking $468,500 from the county.
* Digital Risk has also secured state support to create 1,000 jobs in Florida. So far it has created 420 in Boca Raton and Jacksonville. It's considering a site near downtown Tampa for up to 600 more jobs making about $50,000 annually. It would get up to $450,000 over four to eight years from the county.
* The unnamed company is seeking $55,000 over four years to bring 110 jobs to Temple Terrace with wages of more than $51,200 on average annually.