In order to expand economic development, Roswell, like several of its neighboring cities, has decided to waive many fees for businesses that meet certain requirements. To qualify for a waiver, a business must locate or expand in Roswell, add an additional 50 jobs above the median salary for the area, or invest a minimum of $15 million in property.
Rumors of local businesses interested in relocating encouraged the city council to pass this measure. A panel of local business leaders and government officials can approve on a case-by case basis, with final approval resting with the City Council. Mayor Jere Wood is exited to see the business community expand, but wants to make requirements for these incentives clear and has recommended a sliding scale for these incentives for small business people.