AGC Membership: You may have read or heard about a no-poaching pledge that has been signed by almost two dozen mayors in Jefferson County. In essence, the mayors agree they will not “poach” businesses from other cities in Jefferson County through solicitation or incentives. This is a new approach to economic development in the county, and it has naturally generated some questions and conversations, particularly about the implications for commercial real estate.
As such, participating mayors want to provide factual information to you so that you can share it with your organizations and colleagues as appropriate. Attached is a basic fact sheet that includes participating cities and the intent with regard to incentives. Also attached is a copy of the full pledge itself. If you have questions or comments, please feel free to reach out to Mountain Brook Mayor Stewart Welch at stewart@welchgroup.com.