The City of Coppell
File #: 2017-3682    Version: 1 Name: Bioworld Merchandising First Amendment to Tax Abatement - Resolution
Type: Resolution Status: Passed
File created: 12/4/2017 In control: City Council
On agenda: 12/12/2017 Final action: 12/12/2017
Title: Consider approval of a Resolution approving the First Amendment to Tax Abatement Agreement between the City of Coppell and Bio World Merchandising, Inc., and authorizing the Mayor to sign.
Attachments: 1. Bioworld Merchandising First Amendment to Tax Abatement - Memo.pdf, 2. Bioworld Merchandising First Amendment to Tax Abatement - Resolution.pdf, 3. Bioworld Merchandising First Amendment to Tax Abatement - Agreement.pdf

Title

Consider approval of a Resolution approving the First Amendment to Tax Abatement Agreement between the City of Coppell and Bio World Merchandising, Inc., and authorizing the Mayor to sign.

 

 

Summary

City Council approved a Tax Abatement Agreement with Bio World Merchandising, Inc. in December 2016.  This First Amendment to Civic Center Agreement extends the required deadlines for Commencement of Construction and Completion of Construction.

 

Fiscal Impact:

N/A

 

Staff Recommendation:

Staff recommends approval.

 

Goal Icon:

 

Business Prosperity