0338-2025
To authorize the Director of the Department of Development to enter into an Enterprise Zone Agreement with XPO LTL Properties LLC & XPO Logistics Freight, Inc. (the “Enterprise”) for a tax abatement of seventy-five percent (75%) for a period of ten (10) consecutive years in consideration of the Enterprise investing approximately $7,500,000.00 in real property improvements, the creation of thirty-five (35) net new full-time permanent positions with an estimated annual payroll of approximately $2,085,000.00 and retain sixty-five (65) full-time permanent positions with an estimated associated annual payroll of approximately $4,209,300.00. (Amended by ord. 3183-2025 passed on 12/15/2025 -LG)
What this record is
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Economic Development & Small and Minority Business Committee
- Requested by
- Dev Drafter
- Introduced
- January 29, 2025
- On agenda
- March 10, 2025
- Passed
- March 13, 2025
Where it was heard
Columbus City Council Columbus City CouncilWatch what Columbus buys
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