Texas Economic Development Bank
organization
1 mention across 1 event
1 eventLast active Tracked since $2.7M city spending
Topic Distribution
Topics
tax (1)
grant (1)
policy (1)
development (1)
Roles
mentioned (1)
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Activity Timeline
August 2025
Items For Individual Consideration
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.
…Office of the Governor, Economic Development and Tourism division, through the Texas Economic Development Bank; in accordance with the City’s Economic Development Incentive Policy - Total no…
$2.7M