The City of Coppell
File #: 2018-4291    Version: 1 Name: Norwex USA 2018 - Resolution
Type: Resolution Status: Passed
File created: 11/27/2018 In control: City Council
On agenda: 12/11/2018 Final action: 12/11/2018
Title: Consider approval of a Resolution approving a Tax Abatement Agreement between the City of Coppell and Norwex USA, Inc., and authorizing the Mayor to sign.
Attachments: 1. Norwex Tax Abatement 2018 - Resolution Memo.pdf, 2. Norwex 2018 Abatement 220 N Freeport - Resolution.pdf, 3. Norwex 2018 Abatement 220 N Freeport - Agreement.pdf

Title

Consider approval of a Resolution approving a Tax Abatement Agreement between the City of Coppell and Norwex USA, Inc., and authorizing the Mayor to sign.

 

Summary

Norwex USA, Inc.  expanded their current operations in Coppell.  This 5-year, 90% abatement will be applied to the business personal property for Norwex at 220 N. Freeport Parkway.

 

Fiscal Impact:

[Enter Fiscal Impact Statement Here]

 

Staff Recommendation:

Community Development recommends approval.

 

Goal Icon:

 

Business Prosperity