File #: EDP24-081    Version: 1 Name:
Type: Economic Development Partnership Board
File created: 10/11/2024 In control: Economic Development Partnership Board
On agenda: 11/13/2024 Final action:
Title: Receive a report, hold a discussion, and make a recommendation to City Council regarding an incentive agreement for Enginetech North America Corporation for a performance-based ad valorem tax rebate of 50% for five-years on Business Personal Property, a headquarters grant, and jobs-based grant including a Denton resident bonus; total incentive amount not to exceed $339,545.
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Presentation
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AGENDA CAPTION

Title

Receive a report, hold a discussion, and make a recommendation to City Council regarding an incentive agreement for Enginetech North America Corporation for a performance-based ad valorem tax rebate of 50% for five-years on Business Personal Property, a headquarters grant, and jobs-based grant including a Denton resident bonus; total incentive amount not to exceed $339,545.

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