Commissioners Court Meeting

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18.

Meeting Date:	09/28/2015
Presentation by City of Laredo
Submitted for:	Rose Magana	Submitted By:	Rose Magana
Department:	Commissioners Court

Subject:

Presentation by City of Laredo officials regarding a request to support the redevelopment of the El Portal Center located between Zaragoza and Water St. in downtown Laredo; with discussion and possible action to approve an Economic Development Performance and Grant Agreement with El Portal Center LLC, which will include a sales tax rebate incentive of up to Fifty (50%) percent as per section 381 of the Texas Local Government Code; and any other matters incident thereto.

Background:

n/a

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
n/a

Attachments
Letter from City of Laredo
HGP item #18 backup