Saturday, March 24, 2012

Austin city council unanimously approves $8.6 million dollars in incentives for Apple Inc.

“Thursday night Austin city council unanimously approved $8.6 million dollars in incentives to help Apple double its Austin offices,” Morgan Chesky reports for KVUE News.
“Between the City of Austin, Travis County, and money from a state fund, Apple could get as much as $35 million in incentives,” Chesky reports. “Travis County will now decide whether to provide $6 million dollars to the company.”
Chesky reports, “City leaders said the chance at 3,600 jobs was too big to pass up… If Apple makes the move, it would make them the second largest private employer in Austin right behind Dell.”
Read more in the full article here.

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