Posted inLocal Government

Charles Schwab wants $3.6 million tax rebate for Austin expansion

The Austin Chamber of Commerce urged Travis County Commissioners to enter an $8.5 million economic incentive agreement with Charles Schwab Corp., the San Francisco-based banking and brokerage corporation, at Tuesday’s regular session. The company is seeking $3.6 million in tax rebates from Travis County to expand its Austin operations. Some local taxpayer groups are already […]

Posted inLocal Government, Uncategorized

Commissioners still pondering prevailing wage questions

Travis County Commissioners found themselves in the middle of tug-of-war Tuesday over proposed policy changes to the county’s Economic Development and Construction Procurement Practices. The issue of the county requiring a prevailing wage of $11 per hour for all construction done with county money sparked an extended debate.   The Travis County Economic Development Task […]

Posted inDevelopment, Local Politics

Council OKs prevailing wage as part of economic development deals

The City Council on Thursday voted to make Austin the second city in Texas to mandate prevailing wages for construction workers as part of its economic development process. Mayor Lee Leffingwell was the only Council member to oppose the measure.   The discussion and vote, a four-hour conversation, solidifies what has become an automatic late […]

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