File #: 22-678    Version: 1 Name:
Type: Other Business Status: Agenda Ready
File created: 5/30/2022 In control: City Council
On agenda: 6/7/2022 Final action:
Title: Discussion and action on a Resolution that the City Manager be authorized to sign a Chapter 380 Economic Development Program Agreement ("Agreement") by and between City Of El Paso ("City") and TransPerfect Translations International Inc. ("Applicant") in support of a project which will establish an enterprise that will provide business services, translation, and global communications located in the City of El Paso. The Agreement requires the Applicant to make a minimum investment of $1,560,000. Over the Term of the Agreement, the City will provide performance-based incentives in an aggregate amount not to exceed $26,424.
Indexes: Goal 1
Attachments: 1. TRANSPERFECT TRANSLATIONS INC CHAPTER 380 AGREEMENT, 2. CC 37 - TransPerfect Translations International Inc. Chapter 380 Agreement

CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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Details

District 1

Economic and International Development, Kelly Kotlik, (915) 212-1616

conomic and International Development, Elizabeth Triggs, (915) 212-0094

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AGENDA LANGUAGE:

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Title

Discussion and action on a Resolution that the City Manager be authorized to sign a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between City Of El Paso (“City”) and TransPerfect Translations International Inc. (“Applicant”) in support of a project which will establish an enterprise that will provide business services, translation, and global communications located in the City of El Paso. The Agreement requires the Applicant to make a minimum investment of $1,560,000. Over the Term of the Agreement, the City will provide performance-based incentives in an aggregate amount not to exceed $26,424.

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