Title
Consider approval of two Economic Development Agreements by and between the City of Coppell and Amazon.com.kydc LLC, and authorizing the Mayor to sign.
Summary
Executive Summary:
Amazon.com.kydc LLC is considering occupying the 1,006,000 square foot building located at 2601 W. Bethel Road to serve as a fulfillment center. There are two Economic Development Incentive Agreements. One grants a 75% rebate of business personal property taxes for a period of 10 years, and the other agreement grants a sales tax rebate for a period of 20 years.
Fiscal Impact:
Staff Recommendation:
Economic Development recommends approval.
Goal Icon:
Business Prosperity