2024-R-239
A Resolution of the City Council of the City of Laredo, Texas approving a Chapter 380 Agreement between the City of Laredo and Clear Choice Hospital LLC., pursuant to an economic development incentive under Chapter 380 of the Texas Local Government Code and authorizing the City Manager to execute all relevant documents, and any other matters incident thereto; providing for severability; providing for an effective date; and providing for publication. The 8 year agreement obligates Clear Choice LLC to invest an aggregate estimated amount of $125,500,000.00 for the construction of a Hospital and create at least 100 new full-time permanent jobs. Rebates will be based on performance.
What this record is
- Held by
- Clear Choice LLC
- Runs until
- July 16, 2032 6 years away date calculated from a contract term stated in the record, not quoted directly
- Type
- contract
- Field
- Construction
construction 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
- Requested by
- Economic Development
- Introduced
- July 16, 2024
- On agenda
- August 5, 2024
- Passed
- August 5, 2024
Where it was heard
City CouncilWatch what Laredo buys
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