What qualifies as a local job? Suburb pushes back.: Schaumburg thought it scored an economic development win when it inked tax break deals with Zurich and Motorola Solutions to keep them — and their jobs — in town. Then COVID happened. Then a volley of lawsuits

SCHAUMBURG (Ill.); ZURICH (Switzerland)

The Schaumburg standoff is unusual because it spilled out into the open, but the underlying issues - as governments nationwide rethink their rules and strategies around such incentives - have become a flashpoint for economic development officials and consultants who advise companies nationwide. When Zurich sought reimbursement in fall of 2020, however, Schaumburg proposed renegotiating the deal, according to the company's lawsuit, which is pending in Cook County Circuit Court. Suburb pushes back.: Schaumburg thought it scored an economic development win when it inked tax break deals with Zurich and Motorola Solutions to keep them - and their jobs - in town. [Extracted from the article]

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