Wichita city council discusses economic development incentives, again
At this week's meeting of the Wichita City Council, underperforming companies that have received economic incentives was at issue. Wichita grants incentives -- usually in the form of an escape from paying property taxes -- to companies. Usually there are conditions attached to the incentives, such as a certain amount of capital investment or employment targets. Recently -- and in the past two or so years -- several companies that received incentives have not met employment goals. Should the city rescind the tax breaks in these cases? Or should there be recognition that there's a tough economy at the moment,…