A Resolution of the City Council of the City of Laredo, Texas approving a Chapter 380 Agreement between the City of Laredo and DSVL Global Transport and Logistics, 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 the Company to invest an aggregate estimated amount of $90,000,000.00 for the construction of a warehouse and distribution center and create at least 178 new full-time permanent jobs.

Resolution Agenda Ready Introduced February 10, 2025

What this record is

Held by: Laredo and DSVL Global Transport and Logistics, LLC
Runs until: February 10, 2033 6 years away calculated from the contract term stated in the record
Type: contract
Field: Construction

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