One of the best ways to make Austin more affordable is to ensure we have a diverse set of industries which provide local, skilled and the hard-to-employ talent the opportunity to compete for jobs that have a career ladder. The Austin City Council is considering adopting a revised economic incentive policy, expanding the previous one-size-fits-all policy. If the Austin Chamber of Commerce presents a company that meets the criteria for an incentive as set by City Council policy, will you vote to support incentivizing jobs for both small operators and large in our city? How will you monitor success with the provision requiring employment of the hard-to-employ?

Sabino β€œPio” Renteria

City Council, District 3

https://twitter.com/cm_renteria

Council is working close with our Economic Development Department to craft a helpful incentive policy that aids local business and attracts good employers. If we, as a council, find consensus on an effective and fair policy then yes I would support incentives for a company that meets the criteria as set by Council. Annual reviews to confirm compliance would be the most effective way of monitoring the success of any agreement. City Council already requires all Chapter 380 agreements to be performance based meaning that any company receiving incentives must demonstrate its compliance annually in order to receive payment.