(Dublin, OH) – Dublin City Council will consider an economic development agreement proposed to Exact Holding North America, Inc. (Exact Software) seeking to locate their U.S. headquarters and 100 employees in Dublin.
Exact Software is a software development and technology consulting firm based in the Netherlands. The company has domestic operations in California, Georgia, Illinois, Minnesota, New Jersey, and Ohio. The company also has international locations in Belgium, China, Germany, Netherlands, and Saudi Arabia. Exact Software has been conducting an extensive real estate search for an expanded U.S. headquarters inside and outside of Ohio.
“Exact conducted a national site search for the project, so we’re very pleased that they’ve picked Dublin, said Dublin Economic Development Administrator Michael Clarey. “They are a great company, and a great addition to Dublin’s continually growing tech sector.”
The Economic Development Agreement proposed by the City to the company includes a one-time $10,000 Location Grant and a four-year, 10% Performance Incentive on withholdings collected (2015-2018), which is capped at $74,000 for the term of the agreement. In addition to meeting target withholding requirements, the incentive is contingent upon the execution of seven-year lease of a building located within the City of Dublin.
Dublin City Council will vote on the economic development agreement at their regularly scheduled Council meeting tonight which begins at 7 p.m.
For more information on the proposed EDAs and full ordinances – go to: http://dublinohiousa.gov/dev/dev/wp-content/uploads/2014/12/Ord-117-14.pdf
Full Council agenda is at: http://dublinohiousa.gov/council-meetings/council-agenda-monday-december-8-2014/
Meeting is streamed live: www.DublinOhioUSA.gov
For more information, contact
About the City of Dublin, Ohio USA
Dublin, Ohio, the city that’s “greener,” offers residents and corporate citizens responsive government services, attractive housing, superior public education, direct regional highway access, 120 miles of underground optical fiber network, abundant park space and a dynamic community life. Located just minutes from Ohio’s capital city of Columbus, Dublin is a desirable place for business, raising a family or enjoying professional sporting events and renowned attractions. More information about the City of Dublin at www.DublinOhioUSA.gov