The Wichita City Council on Tuesday is expected to formalize a grant for the local expansion of a worldwide high-tech data storage company.
It’s one of four economic development issues before the council during its regular meeting at 9 a.m. at City Hall.
The council is being asked to approve a $418,000 cash grant for NetApp, spread annually over five years based on the number of jobs created. The company plans to spend $86 million in equipment to renovate its facility at 3718 N. Rock Road. It will add 418 jobs to its 450-member Wichita workforce at an average annual wage of $73,000.
Sedgwick County also has committed $418,000, subject to formal approval by county commissioners. When the expansion was announced in late August, Kansas Department of Commerce officials said state economic development incentives would be included, but didn’t elaborate.
The company, based in Sunnyvale, Calif., has 12,000 employees at 170 offices around the world. It joined the Wichita market in 2011 when it purchased LSI’s Engenio external storage systems division.
Other economic development incentives before the council Tuesday include:
• A resolution of support from the council for 4 percent Kansas Housing Tax Credits for Garrison Community Development for the acquisition and renovation of the Commodore Apartments, 222 E. Elm. Plans call for 58 apartments, including 17 studio units, 26 one-bedroom units and 15 two-bedroom apartment units, available to people older than 55.
• A letter of intent to issue $3 million in industrial revenue bonds to finance a 30,000-square-foot expansion of a facility at 2237 S. West Court, that will be subleased to JR Custom Metal Products. The company fabricates metal products and equipment. The expansion is anticipated to add 50 jobs at an average salary of $31,324.
• The issuance of $6.8 million in hospital facility refunding revenue bonds to Via Christi Health System. The bonds were originally issued in 2004 to finance improvements to senior living facilities at 777 N. McLean.