City's financial assistance offer to Oshkosh Corp. evolved throughout last year

The share of the city of 40 million U.S. dollars pledged in support of AD is Oshkosh bid for military contracts proposed by the 6 million U.S. dollars loan package is evolving city and county in March the creation of additional funds from local tax area for company documents and interviews with several shows officials.

Wisconsin Department trade officials and leaders Oshkosh refined and narrowed to offer assistance in the days before August 7, Oshkosh when AD is his last bid for the Army Board family of medium tactical vehicles contract.

Oshkosh SA was awarded the 3 billion U.S. dollars contract in August, but work halted when competitors introduced protest with Government Accountability Office. In the GAO in December accepted small parts of the protest. The Army is expected to announce results of its evaluation of bids from three companies on 12 February. Company officials are optimistic that they will green light to start working to get a job. Not support the company if the contract is canceled.

In November, city leaders announced a plan for 5 million U.S. dollars additional tax financial district, TIF or the creation of the company as part of a package of 40 million U.S. dollars to 35 million U.S. dollars in aid from the state covers. Common Council is expected to vote on matters of the city project at its meeting on 23 February. State officials refused to detail his package of tax incentives for military leaders to discuss the final decision on awarding the contract.

Local economic development leaders initially offered March 6 million U.S. dollars in financial incentives to help offset the cost of one square meters or 150,000 e-electrodisposition coat of paint also established an area bounded by the Southern Company plants, Waukau Avenue, 29th Avenue and Oregon Street.

Of 5 million U.S. dollars, low interest loan for industrial development of the Winnebago County and 1 million U.S. dollars bonds issued by the City of Oshkosh are set out in a letter to 15 April Oshkosh SA CEO Bob Bohn. Offer does not include the creation of a TIF district at this time.