Published: Aug 27, 2013 12:04 AM EDT

Cape Coral, Fla. -- A new economic development opportunity was presented to the Cape City Council Monday night.
Leaders say a fortune 300 company they are calling "operation zoom" could be headed to the area.
Cape Coral is still in competition with other states for the company.
Tonight the council agreed to pay an incentive for each new job it would bring to Cape Coral.
That company could bring 250 new jobs.