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Local, State Officials Defend Google Deal

Government officials are defending an incentives deal that lured Google to build a data center in Caldwell County.

The officials said today that the deal will generate tens of millions of dollars in taxes while creating badly needed jobs.

Caldwell County and Lenoir leaders made their comments to the Senate Finance Committee.

Critics have questioned the state and local incentives deal.

Some reports found it could provide Google up to 260 million dollars in tax breaks over 30 years.

The Internet search engine giant announced in January that it would build a 600 million dollar data center near Lenoir and create as many as 210 jobs with average salaries of 48-thousand dollars.

A majority of the incentives would come as payments equal to nearly all the local property tax on the company's acreage and equipment at the Caldwell County site.

State Commerce Secretary Jim Fain downplayed the reported incentives total today, saying the value of state's sales tax exemption is hard to predict over the next three decades.


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