Office of the Governor, Economic Development and Tourism

The city authorizes designation of Neighborhood Empowerment Zone No. 23 at 2601 Victory Avenue and an economic development incentive agreement with Scotiabank, including a 10-year business personal property tax abatement and a Chapter 380 grant of up to $2,700,000 for job creation/relocation and expedited permitting fees, in exchange for Scotiabank establishing a new regional office at that location.

…Enterprise Zone Project under the Texas Enterprise Zone Act, as amended by the Office of the Governor, Economic Development and Tourism division, through the Texas Economic Development Bank; in accordance with the C…