Discussion and action on a Resolution authorizing the Mayor to sign the Interlocal Agreement for good and valuable consideration by and between the City of El Paso, and the County of El Paso, for the purposes of efficiency and effectiveness, the City seeks to use the County’s procurement process to also contract with Newmark Global Strategies Economic Incentives Advisory to update the City’s economic development incentive policies under Chapter 380 of the Texas Local Government Code, with the goal of enhancing the El Paso region’s appeal for prospective economic development expansion opportunities; and authorizing the City Manager or designee to take such further actions, including all understanding and assurances contained therein, and accept, reject, alter, or terminate the resulting Interlocal Agreement execute such additional documents, establish future funding sources and make any budget transfers, make such filings as may be necessary to effectuate the intent and purpose of this Resolution. The City’s contract responsibility shall not exceed $25,000.

Other Business Agenda Ready Introduced February 11, 2025

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