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Falls City Council Amends MOU With Airlanco

By John Nixon

06/09/2016

(KLZA)-- The Falls City Council voted Monday night to approve amending the Memorandum of Understanding between the City and Airlanco concerning credit for jobs created over a three-year period.

Under the agreement, Airlanco was to create at least 15 new full-time equivalent jobs in Falls City. For each job created, up to 15, Airlanco was to receive $423 credit off the purchase price of the Products Unlimited Building in the Industrial Park, which Airlanco purchased for $215,000.

EDGE Executive Director Beckie Cromer noted the company has consistently been above the employment target during the contract.

The change, approved, will allow Airlanco credit for each month they had additional workers above the 15 outlined in the agreement. That will mean an additional amount of credit in the neighborhood of $45,000.

The company utilizes the former Products Unlimited building for their engineering and design area.

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