No sooner had the last incentives argument sped away, another one zoomed in.
The day after City Council’s Jan. 28 unanimous vote to approve an incentives package for the Hanger Orthopedic Group – $500,000 spanning 10 years, to entice the company into moving here – word leaked of another company eyeing Austin for relocation.
And leaked is the right word, for a few minutes after the news broke that Los Angeles-based LegalZoom was mulling a move to Austin, the information vanished from the city’s website. (City Hall insiders called it a posting error, and the early reveal doesn’t appear to have compromised the proposal.) The info was soon reposted, and like the Hanger proposal, the deal is mercifully simple and straightforward – and not least of all, cheap.
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