The Fishers City Council plans to vote Monday night on incentives for Sitel Corporation to occupy 42,000 square feet of space within the Jarden building at 121st Street and Cumberland Road. The city incentive package includes a 5-year property tax abatement and city support to construct, rehabilitate, and/or repair the space.
Indiana state economic development officials announced Wednesday a package of incentives, totaling up to $2.25 million in conditional tax credits based on the company’s job creation plans. The state says these incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives.
The city incentives are in addition to the state package.
Information provided as part of the Fishers City Council agenda for Monday night’s session says Sitel plans an “advanced technology call and customer service center” at the Fishers location. The city says Sitel plans to hire approximately 300 full time employees. The state said Wednesday the employee count would be “up to 350.”
In the state news release, Sitel said it plans to establish its “Midwest hub” here in Fishers.
This is what irritates me about Fadness. He admits (to his credit) that he needs to raise taxes, but then immediately turns around with this abatement.