Title
Consider approval of an Economic Development Agreement by and between the City of Coppell and Varidesk, LLC; and authorize the Mayor to sign.
Summary
Varidesk is purchasing the land at the NEC of Freeport Parkway and S.H. 121. This Economic Development Agreement grants incentives for the company’s new corporate headquarters.
Fiscal Impact:
The funds for this agreement will be provided from the sales tax collections, the property tax collections and the General Fund - Designated Fund Balance - Economic Development.
Staff Recommendation:
Staff recommends approval.
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