NEZ No. 24

The City proposes designating two Neighborhood Empowerment Zones and entering an economic development incentive agreement with Morgan Stanley Services Group Inc. to support the firm's establishment of temporary and permanent regional offices in Dallas, including business personal property tax abatements and a Chapter 380 grant of up to $18.5 million for job relocation, real property tax relief, and fee reimbursement.

Authorize (1) designating approximately 4.43 acres of property currently addressed as 1445 Ross Avenue as City of Dallas Neighborhood Empowerment Zone No. 24 (“NEZ No. 24”) and approximately 2.26 acre