25-67
A Resolution authorizing the City Manager to sign a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between CITY OF EL PASO (“City”) and 914 W YANDELL DR, LLC (“Applicant”) in support of an infill development project located at 914 W. Yandell Dr., El Paso, Texas 79902. The Agreement requires the Applicant to make a minimum investment of $638,000.00. Over the term of the Agreement, the City shall provide economic incentives not to exceed $28,212.88 in the form of a Real Property Tax Rebate, a Construction Materials Sales Tax Rebate, and a Building Construction Fee Rebate.
What this record is
- Held by
- 914 W Yandell DR, LLC
- Amount
- $28K
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Construction
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Introduced
- January 6, 2025
- On agenda
- January 22, 2025