In 2011, Gov. Rick Scott and Osceola County leaders praised gunmaker Colt's Manufacturing for its plan to open a plant in Kissimmee.

But Colt never showed up, and taxpayers in Osceola County will have to pay to get the company to leave.

The company is now telling county leaders that if they want to break their lease agreement for the manufacturing site, they'd better pay up for the renovations Colt made to the building.

"They will give that property back to the county; in exchange, the county would agree to pay up to $150,000 back to the state," said Osceola County Attorney Andrew Mai.

It's $150,000 that Colt owes to the state for renovations they made to the building it has leased from the county, but never actually set up shop.

Osceola County also put up $500,000 for the renovations in hopes that Colt would follow through with its agreement to bring 63 high-paying jobs to the county.

But that never happened.

"So, essentially, they never followed through. They never produced the jobs, and we are paying $150,000," Mai said. "In the end, the county retains the building, and the county gets the improvements."

Technically, Colt has until October 2015 to create those 63 jobs. If the company doesn't comply, it would owe the county more than $50,000.

But county commissioners said they are tired of waiting while the building sits empty, and paying off Colt's $150,000 debt is just a way to move on.

"Yes, we took a chance on Colt. Yes, it did not pan out," said District 1 Commissioner Michael Harford. "Guess what. When you try things and they don't work, you find things that do work, and you move on."

Our calls to Colt on Friday were not immediately return.

If the County Commission approves the agreement on Monday, the county would pay the state the $150,000, and the Colt agreement would be null and void.

The county is already looking for a new tenant; one possibility is Orlando's Valencia College.