Dublin City Council is considering four economic development agreements that would help retain three businesses and attract a new one.

Dublin City Council is considering four economic development agreements that would help retain three businesses and attract a new one.

Council is expected to vote on all four incentives at its meeting at 7 p.m. Monday, Dec. 8, at the municipal building, 5200 Emerald Parkway.

The Dave Thomas Foundation for Adoption would receive a one-time incentive grant of $7,500 to retain the company's work force in Dublin for at least five years. The foundation has agreed to a five-year lease in a new office at 525 Metro Place North.

"It's a very important foundation for us because of the association with Wendy's and Dave Thomas," said Colleen Gilger, Dublin economic development administrator. "They needed to grow and they were looking around central Ohio and could have very easily gone outside of Dublin. These incentives we were able to offer made a difference in them choosing to stay."

The foundation currently has 11 employees with an annual payroll of $802,000. It wants to increase staff to 13 employees with an annual payroll of at least $1.19-million by 2013, according to information from the city.

Council also is considering an agreement with GoAntiques.com, the longest-running antiques and collectables site on the Internet, Gilger said.

GoAntiques.com is the only virtual marketplace in the art, antiques and collectibles industry, logging more than one million visits and thousands of transactions each month, according to information from the city.

The company, founded in 1994 and based in Historic Dublin at 94 N. High St., was recently purchased by Atlanta-based WorthPoint, which is considering the relocation of GoAntiques.com to Atlanta.

Dublin is partnering with the state of Ohio to try to retain the company, which plans to grow its work force from 17 to 49 in the next three years.

The Ohio Department of Development has offered a five-year, 40 percent job creation tax credit valued at $266,238, plus a rapid outreach grant of $25,000. The state's Tax Credit Authority is expected to vote on the package at its Dec. 8 meeting, after which WorthPoint is to decide whether to keep GoAntiques.com in Dublin.

Vitality Distributing is planning to stay in Dublin, but wants to move from its Parkcenter Drive location and expand at the Dublin Entrepreneurial Center, 7003 Post Road.

The company has developed a colorless, odorless, tasteless caffeinated water beverage called Avitae, according to information from the city.

"When you add caffeine to beverages it has a distinct flavor and color," Gilger said. "That's why caffeinated drinks always have to be colored and flavored to mask the color and taste that caffeine adds to the product. I'm not sure how they did it, but I've tasted the product and it's cold, crisp, great drinking water. Apparently, it has enough caffeine in a bottle to equal a cup of coffee."

The company's two partners have been developing the chemistry for the product. They want to increase staff to 11 employees with an annual payroll of at least $994,500 by 2013.

Among other incentives, council is considering a one-time grant of $5,000 to retain the company's operations and work force in Dublin for at least five years.

To attract a new business to the Dublin Entrepreneurial Center, city council is considering an agreement with the Toledo-based Center for Food Technologies (CIFT). The office would house the Fail Safe Food Safety Project, which intends to implement a system to advance remote monitoring of food safety, according to information from the city.

"That fits in with the technology startup kinds of programs and initiatives we're undertaking out there," said Dana McDaniel, director of economic development and deputy city manger. "CIFT's presence is going to add to that dynamic."

The agreement states the city will provide CIFT one office in the Dublin Entrepreneurial Center for use by one staff member, who will oversee the project for two years. There is also a location grant incentive for $10,000.

bdunlap@thisweeknews.com