Austin’s revised incentive deal imposes hiring guidelines on Apple (Update: Travis County approves incentive)
Update: A report from KVUE is claiming Travis County Commissioners approved the revised incentive deal at this afternoon’s meeting:
The last piece in the puzzle to one company’s effort to expand in Austin fell into place Tuesday afternoon… Travis County Commissioners approved an incentive deal for Apple on Tuesday. The deal has been on the table for a while.
The last time we reported on Apple’s ongoing negotiations with Austin officials to build a $304 million campus and bring over 3,600 new jobs to the city, reports claimed Apple was growing frustrated with delays in approving incentives from local Travis County. Travis would provide Apple with roughly $6.4 million of the total $36 million in incentives included in the deal, but the vote to approve the incentive was delayed due to “weak points” in the contract. According to a new report from Statesman, the Commissioners Court could approve a revised version of the incentive. However, the new deal would impose strict hiring guidelines on Apple: