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2025-R-150

A Resolution of the City Council of the City of Laredo, Texas approving a Chapter 380 Agreement between the City of Laredo Clear Choice ., 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 five year agreement obligates the Company to invest an aggregate estimated amount of $14,000,000.00 for the expansion to a Micro Hospital and create at least 36 new full-time permanent jobs.

Resolution Agenda Ready Introduced May 16, 2025
Committee
City Council
Requested by
Economic Development
Introduced
May 16, 2025
On agenda
June 16, 2025

Where it was heard

City Council Jun 16, 2025