Dublin City Council this week approved incentives that will retain more than 100 jobs and create an additional 26.
The incentives, unanimously approved by council Aug. 25, were presented alongside a new deal to retain Command Alkon Inc.
An economic development agreement with Hull & Associates will keep the energy consulting firm in Dublin, retaining 73 jobs and creating an additional six by the end of 2018.
The company, located at 6397 Blazer Parkway, plans to expand at its current location.
Per the economic development agreement, for signing a seven-year lease, Hull & Associates will receive a four-year, 10-percent performance incentive on income tax withholdings collected by the city, capped at $40,500.
"Hull & Associates has been in Dublin for 25 years," Julia Kasper, company CFO told City Council members Monday, adding that most work is done outside the area, but the company wanted to remain in Dublin.
"We have no reason to be in Dublin other than we like it," Kasper said.
Incentives approved for Goken America, LLC, will keep the engineering firm in Dublin, retaining 29 jobs and adding 20 by the end of 2019.
The company plans to move from Wilcox Place to a larger space at 5100 Parkcenter Ave.
"We appreciate the opportunity to grow here," Goken President Doug Smith told council, adding that the company plans to buy its new space.
By remaining in Dublin, Goken will get a five-year, 10-percent performance incentive, which is capped at $60,000.
A proposed incentive is expected to keep Command Alkon Inc. in Dublin, retaining 70 jobs and creating another 15 by 2019.
Economic Development Administrator Michael Clarey told council members the software company would like to stay in Dublin, but there are no buildings that suit its needs.
The Alabama-based company doesn't want to own land in Dublin, but a deal has been worked out that will have Dublin Building Systems construct a 30,000-square-foot facility on city-owned land on Houchard Road for Command Alkon to use.
"The deal is a little different from precedent," Clarey said. "It will add a facility in very high demand in Dublin."
In the proposed agreement, Dublin will transfer 10 acres of land on a state-approved job-ready site near the intersection of state Route 161 and Houchard Road to build the new facility, which will be leased for at least 10 years by Command Alkon.
The lease provided to Command Alkon will be below market as an incentive to the company, a memo to council said.
The company must grow payroll by about 2 percent annually, however, and if it does not meet target income tax withholdings they'll have to compensate the city, the agreement said.
Dublin Building Systems will also have to compensate the city if it sells the building before the 10-year lease is up.
Council is expected to approve the agreement at its Sept. 8 meeting.