The City of Coppell
File #: 2018-4299    Version: 1 Name: Prologis Tax Abatement Agreements - Resolution
Type: Resolution Status: Passed
File created: 12/3/2018 In control: City Council
On agenda: 12/11/2018 Final action: 12/11/2018
Title: Consider approval of two (2) Resolutions approving Tax Abatement Agreements between the City of Coppell and Prologis, L.P., and authorizing the Mayor to sign.
Attachments: 1. Prologis Tax Abatement Agreements - Bldgs 5a and 5b - 2018 - MEMO.pdf, 2. Building 5a Resolution 2018 - Resolution.pdf, 3. Tax Abatement Agreement 2018 - Building 5a - Agreement - FINAL.pdf, 4. Building 5b Resolution 2018 - Resolution.pdf, 5. Tax Abatement AGreement 2018 - Building 5b - Agreement.pdf

Title

Consider approval of two (2) Resolutions approving Tax Abatement Agreements between the City of Coppell and Prologis, L.P., and authorizing the Mayor to sign.

 

Summary

City Council approved Tax Abatement Agreements for Prologis in 2014 for the buildings included in the proposed site plan for Prologis Park 121.  Prologis has since made modifications to their original site plan.  Two buildings have been added to the original site plan, and these Tax Abatement Agreements are for the two new buildings.  

 

Fiscal Impact:

[Enter Fiscal Impact Statement Here]

 

Staff Recommendation:

Community Development recommends approval.

 

Goal Icon:

 

Business Prosperity