Latest Breaking News On - Michael chesney - Page 1 : comparemela.com
Amazon still discussing terms over $4.5 million grant award
RANDALL CHASE, Associated Press
FacebookTwitterEmail
DOVER, Del. (AP) State officials awarded $4.5 million in taxpayer money to online retail giant Amazon Inc. last year to build and staff a distribution facility in Delaware, but the company apparently is still not satisfied.
Members of a panel that approves incentives for economic development projects were told by state officials Monday that the deadline for dispersing the Amazon grant money expired months ago, and that the company is still negotiating terms with the state.
“I’m just curious as to what’s taking so long,” said Tarik Haskins, a member of the Council on Development Finance. “Is Amazon just negotiating hard and they want various terms or things that we don’t typically live with?”
DelawareUnited-statesNevadaSusan-coulbyJohn-carneyTarik-haskinsLawrence-lewisMichael-chesneyDelaware-prosperity-partnershipDivision-of-small-businessStrategic-fundCouncil-on-development