CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
District 8
Economic and International Development, Jessica Torres, (915) 212-0094
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 to authorize the City Manager to sign a Chapter 380 Economic Development Program Agreement by and between CITY OF EL PASO and H&N PROPERTY HOLDINGS, LLC, in support of an infill development project located at 911 Tays St. The Agreement requires the Applicant to make a minimum investment of $322,120.42, and in consideration, the City shall provide economic incentives not to exceed $30,554.54 in the form of a Real Property Tax Rebate, a Construction Materials Sales Tax Rebate, and a Building Construction Fee Rebate.
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