CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
District 7
Economic and International Development, Karina Brasgalla, (915) 212-0094
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AGENDA LANGUAGE:
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Title
Discussion and action on a Resolution authorizing the City Manager to execute a Texas Economic Development (TED) Incentive Program Fund Agreement between the City of El Paso and PX FI FORM375 OWNER, LP, supporting the FORM375 industrial development. The Agreement provides $2,000,000 in TED Fund grants tied to performance metrics and complies with TED Program Policy, supports trade and logistics, and demonstrates a net positive impact to El Paso Electric’s Texas Service Area.
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