The City of Coppell
File #: 2023-7535    Version: 1 Name: Tax Incentive Policy - 2024
Type: Agenda Item Status: Passed
File created: 6/25/2024 In control: City Council
On agenda: 7/9/2024 Final action: 7/9/2024
Title: PUBLIC HEARING: To receive public comment concerning the City of Coppell's guidelines, criteria and procedures for tax abatement agreements effective 2024 - 2026, and to consider a Resolution adopting the guidelines, criteria and procedure for tax abatement agreements; and authorizing the Mayor to sign.
Attachments: 1. Memo.pdf, 2. Resolution.pdf, 3. Notice - Readoption of Tax Incentive Guidelines.pdf, 4. Economic Development Incentive Policy & Application 2024.pdf

Title

PUBLIC HEARING:

To receive public comment concerning the City of Coppell’s guidelines, criteria and procedures for tax abatement agreements effective 2024 - 2026, and to consider a Resolution adopting the guidelines, criteria and procedure for tax abatement agreements; and authorizing the Mayor to sign.

Summary

Municipalities must adopt or renew tax abatement guidelines, criteria and procedures every two years.  A public hearing must be held to receive any public comments.  This item fulfills that requirement.

 

Fiscal Impact:

N/A

 

Staff Recommendation:

Staff recommends City Council hold the public hearing.

 

Strategic Pillar Icon:

 

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