Employment incentives

Two companies weighing relocations to Broward could create 400 jobs.

The Broward County Commission on Tuesday is slated to consider job-based incentives for two unidentified companies that are weighing relocations to the county in moves that could create 400 jobs.

One company providing “leisure-travel services” would create 300 jobs, resulting in a capital investment of $15.9 million in Plantation. The commission will consider $90,000 in tax refunds, a smaller local match than previously approved for the project, the agenda says.

The jobs to be created were reclassified from “high impact” jobs, which reduces the company’s state incentive amount to $900,000 from $1.5 million, according to the resolution.

For an electronics components company considering Fort Lauderdale, the commission will review $60,000 in incentives. The company would relocate to an existing building in Fort Lauderdale and create 100 jobs, according to a memo from the Office of Economic and Small Business Development.

The unnamed company would make a $2.98 million capital investment in the city, the memo says.

The incentive would be $6,000 per new job under the state’s Qualified Targeted Industry Tax Refund. It is one of the remaining incentives available following the Florida Legislature’s decision this spring not to fund the governor’s discretionary incentive program, the Quick Action Closing Fund, and other incentives.

Bob Swindell, president of the Greater Fort Lauderdale Alliance, said there are still a number of projects in the county’s pipeline, despite the Legislature’s action.