Travis County questions deal for Apple's Austin expansion

01201updated 09:55 am EDT, Fri April 27, 2012 Skepticism about Apple terms, Austin's benefits

An expansion deal between Apple and the city of Austin, Texas is on shaky ground, a report suggests. Dave Porter, the senior VP of economic development at the Greater Austin Chamber of Commerce, tells the Austin-American Statesman that the deal isn't finished, and "remains in peril." Apple is allegedly "frustrated" with some recent developments.The city originally revealed Apple's plans for a new campus in March. Apple is expected to spend $304 million on the facility and hire some 3,600 new workers over the course of 10 years, in exchange for some government incentives. Last week Travis County commissioners approved handouts, pending a vote this week. Before the vote though a number of commissioners and other involved parties spoke out, arguing that the $35-36 million or more Apple was set to receive over 10 to 15 years wouldn't do enough to protect Austin.

"

View the Original article