Office of Economic Development

Authorizes a 10-year business personal property tax abatement agreement with Amarumayu, LLC for a project at 9078 Van Horn Drive, abating 50% of the increased taxable value of business personal property in accordance with the City's Economic Development Incentive Policy, with an estimated revenue foregone of approximately $1.38 million over the abatement period.

Authorize a business personal property tax abatement agreement with Amarumayu, LLC and/or affiliates for a period of 10 years in an amount equal to the City’s taxes assessed on 50 % of the increased t

Briefing on an upcoming agenda item to establish a City Council District 3 Exterior Improvement Grant Program for Retail Properties, offering grants of up to $100,000 per eligible small business for facade and exterior capital improvements, backed by a total program allocation of $1,200,000.

…nt Grant Program for Retail Properties [Heather Lepeska, Deputy Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Upcoming agenda item to authorize a 10-year business personal property tax abatement agreement with Amarumayu, LLC covering 50% of the increased taxable value from a project at 9078 Van Horn Drive (Council District 8).

…allas, Texas 75241 (City Council District 8) [Heather Lepeska, Deputy Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Briefing on a proposal to establish a City Council District 5 Exterior Improvement Grant Program offering grants up to $100,000 to small businesses for commercial facade and exterior capital improvements, funded by rescinding the NEZ No. 10 pilot program and reallocating its $950,000.

…ment Grant Program for Commercial Properties [Heather Lepeska, Deputy Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Briefing on upcoming agenda items for New Markets Tax Credit transactions supporting three development projects: Forest Theater Redevelopment on Martin Luther King Jr. Blvd, Salvation Army of North Texas Campus on N. Stemmons Freeway, and Pecan Deluxe Manufacturing Expansion on Lone Star Drive.

…ufacturing Expansion at 2575 Lone Star Drive [Heather Lepeska, Deputy Director, Office of Economic Development] jozette.rosa@dallascityhall.com

Public hearing and authorization to renew the Uptown Public Improvement District for seven years (2027–2033), approve its supplemental services plan funded by property assessments, and enter a management contract with Uptown Dallas, Inc. as the managing entity; no direct cost to the city.

A public hearing to receive comments concerning the proposed renewal of the Uptown Public Improvement District (“District”), in accordance with Chapter 372 of the Texas Local Government Code (the “Act

Authorizes a Chapter 380 economic development agreement with Veterans Community Project for the conveyance of approximately 7.33 acres of city-owned land to develop and operate a transitional housing community for homeless veterans, including small residential units, a community center, and on-site supportive services.

Authorize a Chapter 380 economic development agreement and all other necessary documents with Veterans Community Project and/or its affiliates for the Veterans Community Project Village, including the

Public hearing and resolutions to create the Halperin Park Public Improvement District (HPPID) for a ten-year term (2027–2036), approve its service plan for supplemental public services funded by property assessments, and award a management contract to Southern Gateway Public Green Foundation, with no direct cost to the city.

A public hearing to receive comments concerning the proposed creation of the Halperin Park Public Improvement District (“District” or “HPPID”), in accordance with Chapter 372 of the Texas Local Govern