Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Tampa offers nearly $316K to attract two business expansions

TAMPA — The City Council on Thursday approved offering a total of $315,900 in economic development incentives to two companies that are considering moving to or expanding in Tampa.

Neither company was identified publicly because their names are exempt from disclosure under the state's public records law.

One is a "knowledge process outsourcing" company — that is, one that performs specialized research, analysis or information-gathering tasks for its clients — that serves the legal and financial services industries.

The company has offices in Baltimore and is considering expanding there, in Chicago or at an undisclosed site in downtown Tampa.

It is talking about creating 185 jobs by the end of 2015 and has committed to paying an average of at least $46,638 a year, or 115 percent of the state's annual average wage.

Tampa is agreeing to provide a maximum of $99,900 from 2014 to 2019. Hillsborough County would provide $11,100 and the state of Florida would kick in $444,000.

The second company already is in Hillsborough County and is considering an expansion that includes a corporate headquarters here or in Arkansas, New York or California.

It proposes to spend $3 million on a new facility and to create 200 jobs by the end of 2016. It has committed to paying an average of no less than $62,063 a year — a salary equal to 150 percent of Florida's average wage.

Depending on where the company locates in Tampa, the city will pay $120,000 to $216,000 between 2015 and 2019. (The city will pay more if the company opens new offices in one of Tampa's community redevelopment areas.)

As proposed, Hillsborough County would contribute $120,000 and the state of Florida would contribute $960,000 in cash incentives.

Richard Danielson can be reached at (813) 226-3403, [email protected] or @Danielson_Times on Twitter.

Tampa offers nearly $316K to attract two business expansions 06/06/13 [Last modified: Friday, June 7, 2013 12:09am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Cannon Fodder podcast: Considering Gerald McCoy's comments

    Bucs

    Greg Auman talks about Gerald McCoy's comments — both about fan criticism online and Donald Trump — in the latest episode of our Bucs Cannon Fodder podcast.

    Gerald McCoy, front, said Monday that he would love to have a conversation with any of the fans who take to social media to criticize him and his Bucs teammates. [LOREN ELLIOTT | Times]
  2. Massive crocodile seen roaming the streets, and there was only 1 thing a cop could do

    Wildlife

    Name one thing you really don't want to see around 4 a.m. walking around your neighborhood.

    Watch out for that croc.

    A crocodile was seen roaming a street in Miami-Dade.
  3. Pinellas County Sheriff's employee resigns under investigation related to domestic violence arrest

    Crime

    LARGO — A civilian Pinellas County Sheriff's Office employee resigned Tuesday while under an internal investigation that began after he was arrested on domestic battery charges.

    Joshua Volz resigned Tuesday from the Pinellas County Sheriff's Office. He had been under investigation after he was arrested for domestic battery, according to police. [Pinellas County Jail]
  4. Mom accused of burying guns after fatal teen shooting declines plea deal

    Criminal

    TAMPA — The Valrico mother accused of hiding the guns after her teenage son shot and killed another boy in their garage told a judge Tuesday that she wants a trial, not a plea deal.

    Heidi Quinn is accused of hiding two guns after her son, Cody, fatally shot 17-year-old Jayquon Johnson in their garage. She faces charges of tampering with evidence. Her son was not charged in Johnson's death because authorities ruled it self-defense. He does face related drug charges. [Hillsborough County Sheriff's Office]
  5. Stone says no coordination between Trump campaign and Russia

    WASHINGTON (AP) — Longtime Donald Trump associate Roger Stone said Tuesday he's "aware of no evidence whatsoever" that Trump's campaign coordinated with Russians during the 2016 election.