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Council to Consider Incentive Plan for HID Global

The Austin City Council will take a first look today at the proposal to offer an economic incentive package to a company that provides security products.

The city is considering offering HID Global about $900,000 in rebates on taxes for real estate and equipment purchases.

The State of Texas is also offering the company close to $2 million from the Texas Enterprise Fund.

If the deal goes through, HID Global would build a manufacturing and distribution center in Northeast Austin, and create 276 jobs over 10 years.

Today the city council will get more details on the plan and set a public hearing to give residents a chance to comment on it. The meeting begins at 1:30 p.m. this afternoon at City Hall. 

Laura first joined the KUT team in April 2012. She now works for the statewide program Texas Standard as a reporter and producer. Laura came to KUT from the world of television news. She has worn many different hats as an anchor, reporter and producer at TV stations in Austin, Amarillo and Toledo, OH. Laura is a proud graduate of the University of Missouri-Columbia, a triathlete and enjoys travel, film and a good beer. She enjoys spending time with her husband and pets.
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