As expected, the Travis County (TX) Commission has approved an economic development package for Apple to spur the development of jobs in Austin. The package was approved last night by a 4-to-1 vote, and is expected to bring new jobs to Austin in return for US$5.4 to $6.4 million in tax rebates.
In return, Apple will make an expected $282.5 million investment in Austin. The company has also received an $8.6 million economic development grant from the city of Austin,
