File #: 23-346    Version: 1 Name:
Type: Resolutions Status: Agenda Ready
File created: 3/7/2023 In control: City Council
On agenda: 3/14/2023 Final action:
Title: A Resolution authorizing the City Manager to sign an Amendment to the Chapter 380 Economic Development Program Agreement ("Agreement") by and between the CITY OF EL PASO, TEXAS and 309 MILLS, LLC to support an infill renovation project for the downtown building commonly known as the De Soto, located at 309 East Mills Avenue, El Paso, Texas 79901. The Amendment will require the Applicant to increase the minimum investment amount to $2.4 million.
Indexes: Goal 1
Attachments: 1. CC 1st Amendment 380 Infill Agreement 309 Mills (DeSoto), 2. CC 4 - 1st Amendment to 380 Agreement - 309 Mills (De Soto), 3. 2-28-23 FULLY EXECUTED - CHAPTER 380 AGREEMENT 309 MILLS LLC FOR RENOVATION PROJECT 309 E. MILLS AVE
Related files: 21-1421

CITY OF EL PASO, TEXAS

LEGISTAR AGENDA ITEM SUMMARY FORM

 

 

DISTRICT, DEPARTMENT, CONTACT INFORMATIOn:

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Details

District 8

Economic and International Development, Karina Brasgalla, (915) 212-1570

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

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AGENDA LANGUAGE:

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Title

A Resolution authorizing the City Manager to sign an Amendment to the Chapter 380 Economic Development Program Agreement (“Agreement”) by and between the CITY OF EL PASO, TEXAS and 309 MILLS, LLC to support an infill renovation project for the downtown building commonly known as the De Soto, located at 309 East Mills Avenue, El Paso, Texas 79901. The Amendment will require the Applicant to increase the minimum investment amount to $2.4 million.

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