News Column

BRIEF: Sarasota County to sue Sanborn Studios over missing jobs

June 10, 2014

By Sabrina Rocco, The Bradenton Herald



June 10--VENICE -- The Sarasota County Commission on Tuesday unanimously approved the filing of a lawsuit against Sanborn Studios over unkept promises of job creation.

According to a financial incentive agreement signed in 2010 between Sarasota County and Sanborn Studios, the Lakewood Ranch-based film production company was required to add 117 jobs with an average wage of $72,000 by Sept. 2, 2013 in return for $650,000 in incentive money. If Sanborn Studios could not create all the jobs, it was obligated to reimburse the county $2,992 for each unfulfilled job.

County officials say no positions have been created since the agreement was inked, and, in turn, Sanborn could owe more than $350,000.

"We believe at this point it would be in the county's interest to proceed to file a lawsuit to enforce terms of the financial incentive agreement," Stephen DeMarsh, county attorney, told the commission.

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(c)2014 The Bradenton Herald (Bradenton, Fla.)

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Source: Bradenton Herald (FL)


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