City Council can consider incentives for 320 jobs

The Mayor’s Budget Review Committee approved introduction of legislation for Projects Quail and Pelican.


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City Council can expect to review proposed incentives legislation for the unidentified Projects Quail and Pelican, which offer to create 320 jobs in Jacksonville with the public’s support.

The Mayor’s Budget Review Committee voted Monday to allow the resolutions to be introduced July 23 to council. The bills give the mayor the authority to execute economic development agreements with the unidentified companies.

Project Quail, an international web-based financial services company, proposes to create at least 300 full-time jobs paying an average  $54,941 at a Southeast operations center in Jacksonville. It seeks $1.5 million from the city and state under the Qualified Target Industry Tax Refund program.

Project Pelican, an international IT software company, proposes to create at least 20 full-time jobs that pay an average $58,978. It seeks a QTI refund of up to $100,000 from the city and state.

 

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