Discussion and Action on a Resolution authorizing the City Manager or designee to sign a Texas Economic Development ("TED") Incentive Program Fund Agreement by and between the City of El Paso and Rancho Del Rey IC, LLC, in support of the Rancho Del Rey Logistics Park. The five-year Agreement provides $2,325,000 in TED Fund grants, tied to development performance metrics. The Agreement meets the requirements of the Texas Economic Development (TED) Program Policy, supports the trade and logistics sectors, and demonstrates a sufficient net positive impact to El Paso Electric's ("EPE") Texas Service Area.
What this record is
- Amount
- $2.33M
- Runs until
- December 2, 2030 4 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Utilities & energy
utilities & energy contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Introduced
- December 2, 2025
- On agenda
- December 16, 2025
Watch what El Paso buys
This is one award. El Paso signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.
Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.