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24-3639

Authorize a Chapter 380 Economic Development Grant Agreement in an amount not to exceed $500,000.00 with HAECO Global Engine Support, LLC and/or its affiliate in consideration of a new aviation engine repair facility to be located at 11124 Goodnight Lane, Dallas, Texas 75229 including requirements for (a) the relocation and/or creation of 170 full-time jobs to the city of Dallas subject to a minimum 25% local hiring requirement; and (b) required minimum private investment of $17.5 million, in accordance with the City of Dallas Economic Development Incentive Policy - Not to exceed $500,000.00 - Financing: Public/Private Partnership Fund

ITEMS FOR INDIVIDUAL CONSIDERATION Approved Introduced November 19, 2024

What this record is

Held by
HAECO Global Engine Support, LLC 2 records across this site
Amount
$500K
Runs until
no end date published in this record
Type
contract

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HAECO Global Engine Support, LLC also holds

Upcoming Agenda Item: Authorize a Chapter 380 economic development grant agreement in an amount not to exceed $500,000 with HAECO Global Engine Suppor… $500K Dallas, TX
Committee
Office of Economic Development
Requested by
Office of Economic Development (ECO)
Introduced
November 19, 2024
On agenda
December 11, 2024
Enactment no.
24-1810; APPROVED

Where it was heard

City Council Dec 11, 2024