Back to Docket Search
*21. • ResolutionsCity of Carrollton (Collin County)
Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With UEP, Inc., Establishing A Program Of Grants To The Company For Its Expansion At 2323 McDaniel Drive, In Amounts Equal To Fifty Per
Presented in: City of Carrollton City Council - May 06, 2025 on 2025-05-06
Official Roll-Call Vote
PASSED (6 - 1)
“Motion to approved Item #*21.: Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With UEP, Inc., Establishing A Program Of Grants To The Comp”
SB
Steve Babick
Mayor (At-Large)
YES
Staff Report & Agenda Item Details
Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With UEP, Inc., Establishing A Program Of Grants To The Company For Its Expansion At 2323 McDaniel Drive, In Amounts Equal To Fifty Percent (50%) Of Taxes Paid To The City On The Assessed New Value Of Real Property And Business And Personal Property For A Maximum Term Of Five (5) Years, For A Total Incentive Amount Not To Exceed $1,559,868.