Published: Apr 25, 2013 2:17 PM EDT
Updated: Apr 25, 2013 5:30 PM EDT

LEE COUNTY, Fla.- Lee County is competing for the headquarters of a Fortune 500 company. Commissioners are being asked to give 4 million taxpayer dollars to the company, whose name is kept confidential.

"It is frustrating, it is exasperating to be asked to give that money, and we do not know the name of the company or even the exact business they are in," says commissioner Frank Mann.

Lee is competing with the state of Oklahoma for the re-located headquarters of the publicly-traded company. Economic development officials in Lee say the company has 30,000 employees worldwide, and is worth billions. It would build a 300,000 square foot headquarters in south Lee County. Some real estate interests have told WINK News that the company is believed to be eyeing some land at Corkscrew and US 41.

Frank Mann says he is wary because of the VR Labs grant, of $5 million, that some fear, may have disappeared with few jobs created.