Economic Development Committee
COUNCIL CHAMBERS, CITY HALL bit.ly/cityofdallastv
Agenda — 16 items
- 1 This Council Committee meeting will be held by video conference and in the Council Chambers, 6th Floor at City Hall. The Public may attend the meeting virtually; however, City Hall is available for those wishing to attend the meeting in person. The meeting will be broadcast live on Spectrum Cable Channel 16 and online at bit.ly/cityofdallastv. The public may also listen to the meeting as an attendee at the following video conference link:
- 2 Call to Order
- 3 MINUTES
- 1. Approval of May 4, 2026, Economic Development Committee Meeting Minutes
- 5 The committee may vote to make recommendations to City Council regarding any of the following items on this agenda.
- 6 BRIEFING ITEMS & ACTION ITEMS
- A. Review and approve a list of recommended census tracts for nomination to the Economic Development & Tourism Office within the Governor’s Office for possible designation as Opportunity Zones pursuant to the Opportunity Zone Program (Opportunity Zone 2.0) as administered by the U.S. Department of the Treasury [Heather Lepeska, Deputy Director, Office of Economic Development]
- B. Planning & Development Department: DallasNow Year One [Jason Pool, Assistant Director, Planning & Development]
- 9 BRIEFING MEMOS & ACTION ITEMS
- C. Upcoming Agenda Items: New Markets Tax Credit transactions in support of the following three projects: Forest Theater Redevelopment at 1918 Martin Luther King Jr. Blvd, Salvation Army of North Texas Campus at 8625 N. Stemmons Freeway, and Pecan Deluxe Manufacturing Expansion at 2575 Lone Star Drive [Heather Lepeska, Deputy Director, Office of Economic Development]
- D. Upcoming Agenda Item: Authorize (1) the establishment of a City Council District 3 Exterior Improvement Grant Program for Retail Properties in accordance with the Program Statement (Exhibit A) for economic development grants of up to $100,000 to eligible small businesses in City Council District 3 to support building facade improvements and other exterior capital improvements to retail properties in City Council District 3; and (2) the allocation of $1,200,000 for the District 3 Exterior Improvement Grant Program for Retail Properties [Heather Lepeska, Deputy Director, Office of Economic Development]
- E. Upcoming Agenda Item: Authorize (1) the establishment of a City Council District 5 Exterior Improvement Grant Program for Commercial Properties in accordance with the Program Statement (Exhibit A) for economic development grants of up to $100,000 to eligible small businesses in City Council District 5 to support building facade improvements and other exterior capital improvements to commercial properties in City Council District 5; (2) the recission of the pilot economic development program established by City Council Resolution No. 19-0948 on June 12, 2019, and as amended by City Council Resolution No. 20-1232 on August 26, 2020, specifically for Neighborhood Empowerment Zone No. 10 (“NEZ No. 10”), and (3) the reallocation of $950,000 from the NEZ No. 10 economic development program to the District 5 Exterior Improvement Grant Program for Commercial Properties [Heather Lepeska, Deputy Director, Office of Economic Development]
- F. Upcoming Agenda Item: Authorize a business personal property tax abatement agreement with Amarumayu, LLC and/or affiliates for a period of ten (10) years in an amount equal to the City’s taxes assessed on fifty percent (50%) of the increased taxable value of the business personal property resulting from the Project to be located on real property addressed as 9078 Van Horn Drive, Dallas, Texas 75241 (City Council District 8) [Heather Lepeska, Deputy Director, Office of Economic Development]
- G. Potential School Construction and Zoning Review Updates [Emily Liu, Director, Planning and Development]
- H. Evaluation of Electronic Vehicle (EV) Charging Infrastructure Requirements and Research Overview and Peer City Analysis for Potential EV Policy Amendments [Mina Eskander, Deputy Director, Planning and Development]
- 16 ADJOURNMENT