JEDC is a Type A Corporation and is authorized to do Type B activities through state law. .25% out of the 2% city sales tax goes to support the corporation and as a potential incentive source for incoming projects and community development. All projects considering Jarrell will be individually vetted for a custom incentive package including potential tax abatements so a true partnership can be formed to benefit both the business and the community. Criteria for consideration will include the number of jobs created, average wage of those jobs, capital investment, amount of new taxes generated and project sustainability.
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