YDHLGE Logo
YDHLGEYou Don't Hate Local Government Enough
Search RecordsFreedom Index
SubscribeLoading...
Back to Docket Search
*19. • ResolutionsCity of Carrollton (Collin County)

Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With AER Manufacturing, LP Establishing A Program Of Grants To The Company For Its Expansion At 3405 Wiley Post Road, In Amounts Equal

Presented in: City of Carrollton City Council - August 19, 2025 on 2025-08-19
Meeting Agenda PDF

Official Roll-Call Vote

PASSED (7 - 1)
“Motion to approved Item #*19.: Consider A Resolution Authorizing The City Manager To Negotiate And Execute An Economic Development Incentive Agreement With AER Manufacturing, LP Establishing A Program Of Grants ”
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 AER Manufacturing, LP Establishing A Program Of Grants To The Company For Its Expansion At 3405 Wiley Post Road, 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 Dollars $277,663.