Discussion and action on a Resolution authorizing the City Manager to execute a Texas Economic Development (TED) Incentive Program Fund Agreement between the City of El Paso and PX FI FORM375 OWNER, LP, supporting the FORM375 industrial development. The Agreement provides $2,000,000 in TED Fund grants tied to performance metrics and complies with TED Program Policy, supports trade and logistics, and demonstrates a net positive impact to El Paso Electric’s Texas Service Area.
What this record is
- Amount
- $2.00M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- 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
- March 3, 2026
- On agenda
- March 17, 2026
Where it was heard
City CouncilWatch what El Paso buys
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