|Published:||Apr 30, 2013 5:30 PM EDT|
|Updated:||Apr 30, 2013 6:36 PM EDT|
LEE COUNTY, Fla.- Lee County Commissioners have unanimously approved spending $4 million to entice a Fortune 500 company to relocate its corporate headquarters in South Lee County. The name of the company remains confidential.
"I like this agreement because they have to put up the money first, not us," said commissioner Frank Mann during a meeting Tuesday.
"Contractually, this is favorable to Lee county," said commsr. Larry Kiker, a former corprorate executive.
The company is trying to decide on a new place for its headquarters. Economic development officials say the move would be a great boon for the local economy, and would enhance the status of the county as a place for business. The name of the company should be revealed in a few days, when it makes its final decision. Officials indicate they would probably try to hold a big ceremony, if the company decides top move here.
- Man linked to Pt. Charlotte accused in wife's death
- 2 Cape Coral men accused of battery on an FHP officer
- Punta Gorda victim of theft follows and detains suspect
- Lottery sales suspended at stores raided for illegal drugs
- CCSO: no reason to believe accused murderer heading to SWFL
- Man who rescued motorcycle rider, killed in crash on Friday
- Sentencing delayed for Tampa abortion drug case
- Winter weather causes delays, cancellations at RSW
- Redmond HIV case could be thrown out under Fla. law
- SAO drops grand theft charge against fmr. commissioner