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(5)(a)
CITY COMMISSION AGENDA
Meeting Date:
01/19/2011
Title:
Public Hearing on the Creation of a Tax Reinvestment Zone Near the Northwest Intersection of I-45 and Century Blvd
Submitted By:
Nick Finan, Management Services
Department:
Management Services

ACTION REQUEST (Brief Summary)

City Staff is requesting that the City Commission hold a public hearing to input for the creation of a Tax Reinvestment Zone near the northwest intersection of I-45 and Century Blvd.  The purpose of the Tax Reinvestment Zone is to allow the City the opportunity to enter into a Tax Abatement with Del Papa Realty Holdings, LP to relocate their Galveston facility to Texas City.

BACKGROUND

ANALYSIS

ALTERNATIVES CONSIDERED


Fiscal Impact