1871-2026: To authorize the Director of the Department of Development to enter into an Enterprise Zone Agreement with West-Ward Columbus Inc. and Hikma Pharmaceuticals USA Inc. (collectively and hereinafter referred to as “Enterprise”) for a tax abatement of seventy-five percent (75%) for a period of ten (10) consecutive years in consideration of the Enterprise investing approximately $92,000,000.00 in real property improvements, the creation of fifty (50) net new full-time permanent positions with an associated annual payroll of approximately $3,000,000.00, and the retention of one-thousand two hundred twenty-four (1,224) full-time permanent positions with an associated estimated annual payroll of approximately $93,627,177.00. ($0.00)
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