Retail and commercial businesses that will provide additional sales tax revenue to the city would be candidates for incentives.
The second incentive plan focuses on primary jobs — jobs that produce a product or service for use in or outside the Edmond area.
A qualified company must achieve $750,000 in new annualized payroll for new, full-time employees. Over a two-year period, employees' pay must average $40,000 a year.
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