Candidates talk incentives for big business - WECT TV6-WECT.com:News, weather & sports Wilmington, NC

Candidates talk incentives for big business

WILMINGTON, NC (WECT) –The City of Wilmington is getting ready to make the last of its incentive payments to Verizon for bringing their big call center to Wilmington.

The city agreed to pay Verizon $125,000 for seven years.

As they dish out the last check, city council is looking at all the requirements that came with that incentive money and is looking to see if Verizon helped the local economy. Mayor Bill Saffo and his running opponent Justin LaNasa say they have different takes on using incentives to bring in big business.

Saffo says it's great as long as they set certain requirements, while LaNasa says the phone company would have come to Wilmington without giving them a dime. He believes the demographics of the Cape Fear lures in companies.  

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