| | | | | | | | City of Georgetown, Texas
City Council Regular Meeting
September 10, 2019 |
| | | | | | | | SUBJECT:
Forwarded from Georgetown Economic Development Corporation (GEDCO):
Consideration and possible action to approve an economic development performance agreement amendment with Holt Texas, Ltd. – Series 201 -- Michaela Dollar, Economic Development Director
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| | | | | | | | ITEM SUMMARY:
Amendment to the Economic Development Performance Agreement dated February 2, 2017 with Holt Texas, Ltd. and Georgetown Economic Development Corporation (GEDCO). The amendment awards Holt Texas, Ltd. an infrastructure reimbursement grant of up to $360,000 for actual costs paid and incurred by Holt for the design, construction, and installation of the fire suppression system. |
| | | | | | | | FINANCIAL IMPACT:
$360,000 economic development incentive from Georgetown Economic Development Corporation (Type A) funds |
| | | | | | | | SUBMITTED BY:
Michaela Dollar, Economic Development Director |
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