The City of Coppell
File #: 2016-2615    Version: 1 Name: DCV Development - Economic Development Agreement
Type: Agenda Item Status: Passed
File created: 2/1/2016 In control: Administration
On agenda: 3/8/2016 Final action: 3/8/2016
Title: Consider approval of an Economic Development Agreement by and between the City of Coppell and DCV Development Dallas, Ltd., and authorizing the Mayor to sign.
Attachments: 1. DCV Development Dallas - Economic Development Agreement Memo, 2. DCV Development Dallas Ltd Economic Development Incentive Agreement - FINAL

Title

Consider approval of an Economic Development Agreement by and between the City of Coppell and DCV Development Dallas, Ltd., and authorizing the Mayor to sign.

 

Summary

Executive Summary:

DCV Development Dallas, Ltd. is constructing a 65,000 square foot building at 788 Canyon Drive.  This building will serve as the showroom and warehouse for Wisenbaker Builder Services, Inc. 

 

Fiscal Impact:

This is a 5 year, 75% rebate of property taxes paid on real property.

 

Staff Recommendation:

Economic Development recommends approval.

 

Goal Icon:

 

Business Prosperity