Job creation fund moving forward - WALB.com, South Georgia News, Weather, Sports

Job creation fund moving forward

ALBANY, GA (WALB) -

The guidelines have been set for a job creation fund, which will give incentives to businesses relocating or expanding in Albany.

It's been in the works for several months and today the Economic Development Commission took the next steps in moving forward.

Wednesday, the EDC approved the guidelines for the job creation fund and how the money will be distributed.  The job incentive fund was started by the Albany City Commission.

"The guidelines for distributing the money is based on the number of jobs that would be created, the investment in the community of the business that would be coming here or expanding here. And also the quality of the jobs that are here," said Jay Smith, with the EDC.

The commission plans to pay for the project with millions of dollars in reimbursements from the Municipal Electric Authority of Georgia, not state money.

EDC members did not come to a decision on how to replenish the fund. They plan on reaching out to the city, county and school board for input on the best way to generate money.

 

Copyright 2013 WALB.  All rights reserved.  

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Woman found dead during Albany fire died of natural causes

    Woman found dead during Albany fire died of natural causes

    Tuesday, February 20 2018 2:03 PM EST2018-02-20 19:03:15 GMT
    After an investigation overnight Monday, fire officials have concluded that the woman who was found dead after a house fire in Albany actually died before the fire.  (Source: WALB)After an investigation overnight Monday, fire officials have concluded that the woman who was found dead after a house fire in Albany actually died before the fire.  (Source: WALB)

    After an investigation overnight Monday, fire officials have concluded that the woman who was found dead after a house fire in Albany actually died before the fire. 

    More >>

    After an investigation overnight Monday, fire officials have concluded that the woman who was found dead after a house fire in Albany actually died before the fire. 

    More >>
  • Black History program honors history maker

    Black History program honors history maker

    Tuesday, February 20 2018 11:09 AM EST2018-02-20 16:09:20 GMT

    "I'm always honored but more importantly I'm humbled that folks would honor me for doing the nation's business," said Major General Retired, Alfred Flowers. History-maker Major General Retired Alfred Flowers has been in South Georgia this weekend. 

    More >>

    "I'm always honored but more importantly I'm humbled that folks would honor me for doing the nation's business," said Major General Retired, Alfred Flowers. History-maker Major General Retired Alfred Flowers has been in South Georgia this weekend. 

    More >>
  • Tifton council updates building and zoning regulations

    Tifton council updates building and zoning regulations

    Tuesday, February 20 2018 12:02 AM EST2018-02-20 05:02:20 GMT
    A 30-day moratorium has been lifted by the city of Tifton for residential building. (Source: WALB)A 30-day moratorium has been lifted by the city of Tifton for residential building. (Source: WALB)

    For the last 30 days, the city council has been updating regulations for base zoning, building locations, and lot areas and width for residential development.

    More >>

    For the last 30 days, the city council has been updating regulations for base zoning, building locations, and lot areas and width for residential development.

    More >>
Powered by Frankly