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MoCo executive hopeful assures Jeff Bezos on Amazon HQ2 incentives

The Democratic nominee for Montgomery County executive has assured Amazon.com Inc. CEO Jeff Bezos that the county will uphold its commitments to the company as it continues to weigh Greater Washington as a potential landing spot for a second headquarters, The Washington Post reports.

Montgomery County is on the short list for HQ2, along with the District and Northern Virginia and 17 other cities and regions across the U.S. County Councilman Marc Elrich, who won a narrow primary election over businessman David Blair, wanted to address any “uncertainty” Amazon (NASDAQ: AMZN) executives might have because current County Executive Ike Leggett is leaving office, according to the report.

Maryland, under Gov. Larry Hogan, and Montgomery County, under Leggett, have offered an incentive package to Amazon worth as much as $8.5 billion, including grants, state and local tax credits and transportation improvements. It is one of the most aggressive, and expensive, packages publicly revealed by…

Read the full story from the Washington Business Journal.