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Travis County to vote on incentive agreement

Tuesday, August 5, 2014 by Michael Kanin

Travis County Commissioners are scheduled to vote today on the request from Charles Schwab, a San Francisco-based brokerage and banking corporation, for an $8.5 million economic incentive agreement to expand its offices in Austin. If the court approves the motion, the corporation will also get $4.5 million from the state. The Greater Austin Chamber of Commerce and the Greater Austin Asian Chamber of Commerce support the agreement, while local taxpayer organizations like oppose. More citizens might show up to oppose the measure today, since there was only a three-day notice that the item was going on last week’s agenda last week.

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