Discussion and Action on a Resolution authorizing the City Manager to execute a First Amendment to that certain Chapter 380 Economic Development Program Agreement (“Agreement”) executed on April 26, 2022 by and between the City of El Paso (“City”) and the Mills Plaza Properties V, LP, a Texas limited partnership and Kress Tunnel, LLC, a Texas limited liability company (collectively, “Applicant”), to provide a twelve (12)-month extension to obtain a Certificate of Occupancy in consideration of the Applicant increasing the Minimum Investment to $30,000,000.

Committee

City Council

Requested by

Economic and International Development

Introduced

December 5, 2025

On agenda

December 16, 2025