26-0415
Discussion and action on a Resolution authorizing the City Manager to sign a Chapter 380 Economic Development Program Agreement (“Agreement”) by and between the City of El Paso (“City”) and Astroscale U.S. Inc., a Nevada corporation (“Applicant”), an advanced on-orbit servicing and logistics company proposing to establish operations in El Paso and create 16 full-time jobs, in consideration the City shall provide grant payments for Lease Rental Cost (via Texas Economic Development Fund) and a Skills Training Grant (via Impact Auxiliary Fund) in an amount not to exceed $22,300.00 over the term of the Agreement, subject to a five (5)- year period and annual compliance and performance verification in accordance with the terms of the Agreement.
What this record is
- Amount
- $22K
- Runs until
- no end date published in this record
- Type
- contract
- Field
- Real estate
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- City Council
- Requested by
- Economic and International Development
- Introduced
- March 19, 2026
- On agenda
- April 1, 2026