Title
Consider approval of an Economic Development Incentive Agreement by and between the City of Coppell and Caliber Home Loans, Inc., and authorizing the Mayor to sign.
Summary
Caliber Home Loans, Inc. will be leasing approximately 180,000 square feet at 1525 S. Belt Line Road. They will have approximately 550 employees at this location. This Economic Development Incentive Agreement awards a cash grant to Caliber Home Loans, Inc. for each new job that meets the required salary threshold established.
Fiscal Impact:
[Enter Fiscal Impact Statement Here]
Staff Recommendation:
Economic Development recommends approval.
Goal Icon:
Business Prosperity