EDA Announces New Project, County Approves - WMBB News 13 - The Panhandle's News Leader

EDA Announces New Project, County Approves

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The Bay Economic Development Alliance proposed a new project, Tuesday, which might bring high-paying jobs to Bay County.

It’s called Project Dove and according to the EDA, the company is in the defense and professional services sector.

The company is looking at a couple different cities across the United States to expand, but they are hoping to qualify for a state of Florida tax refund program.

In order to do that, the program requires at least 20% of the total award amount to be provided by the county.

Commissioners approved the plans to offer up $30,000 to the project. That will hopefully bring in a minimum of 30 permanent full-time jobs with the average annual salary of a little over 60,000 a year.

That’s about 200% of Bay County's current annual average.

Its a win-win for us I mean there is no way we can lose, said Commissioner Guy Tunnell. Given that it is performance based we grant specific tax amounts, the state follows up with other incentives and it works out really well for all of us."

Also at the meeting, Commissioners unanimously approved the plans for the Thomas Drive side walk project. It's a 1.5 million dollar project that will be funded by the FDOT, the sidewalks will stretch from North Lagoon Drive to Laird street.