Thomasville City Council approved the economic incentives package for a company that could bring more jobs to the city at its public hearing Monday night.

Called Project 3C, the company would pledge to maintain 20 jobs and provide wages equal to or above the county average in exchange for a maximum of $5,600 incentive grant each year over a five-year period, if it accepts the deal.

“Thomasville is one of their final choices for their expansion,” said Steve Googe, executive director of the Davidson County Economic Development Commission. “Project 3C will stimulate the economy, increase the city tax base, and thus increase tax revenues.”

The council’s approval – and Davidson County Board of Commissioner’s last month – stipulates an investment package of .0028 times the total investment of about $2 million in the plant, machinery and equipment. That 28 percent is half of the tax rate and, along with the investment amount, was negotiated by the economic development commission and the company.

The company approached the economic development commission about a year back and again several months ago. “It would create jobs,” said Earl Harrison, Thomasville resident and radio consultant. “It would give our community an opportunity to put some of the unemployed back to work in the city of Thomasville.”

The council knows the name of the company but has received very little other information about the project. Stooge said he couldn’t release the company’s name until it has made its announcement official.

“The process that we got through to create an incentive package is to entice someone to the community,” Stooge said.

Though the company has a property opportunity in Thomasville, Stooge said it wants to wait to make a move until it hears whether or not the incentive package would be approved.

“I would think it will move forward within the next 30 days of your decision,” Stooge said. “You always think it will move positively.”

In other news, the council approved its schedule for the regular meeting on Monday, March 15:

A public hearing on a zoning request by Kendall Mill Properties

Consideration of the 2009-2010 Water/Sewer Fund Budget Amendment for sewer line projects – the transfer of $85,000 to maintenance and construction

Consideration of 2009-2010 General Fund Budget Amendment – the transfer of $55,000 from the general fund to the legal budget for legal fees

Consideration of 2009 Community Development Hook Up Grant

Consideration of Condemnation of 1110 Unity St.

Consideration of T-Mobile Antenna Lease Agreement