Print Reading Mode Back to Calendar Return
GARLAND CITY COUNCIL STAFF REPORT
			Agenda Item 7.
City Council Regular Session
Meeting Date: 05/21/2024   Title:    Request for Development Assistance from Scout Cold Storage Dallas, LP (Building B) Submitted By: Ayako Schuster Strategic Focus Area: Growing Economic Base
Issue/Summary
Council is requested to consider a development incentive request from Scout Cold Storage Dallas, LP. in regards to a proposed cold storage conversion project.
Background
Scout Cold Storage Dallas, LP plans to convert 112,139 square feet of existing dry storage facility into a cold storage facility. The facility is on approximately 9.795 acres and will involve approximately $19 Million in new capital investment to the site. This is in addition to the redevelopment of Building C, which is also being considered for incentives separately.
Consideration / Recommendation
Approval of the incentive agreement with Scout Cold Storage Dallas, LP. Agreement includes a rebate of building permit fees up to $75,000 and a rebate of ad valorem taxes for new real property improvements of 40% for 2 years for Building B.
Attachments Proposed Economic Development Incentive Agreement

AgendaQuick ©2005 - 2025 Destiny Software Inc. All Rights Reserved.