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Council approves framework to finalize sales‑tax rebate to keep Monotronics/Brink's in Farmers Branch
Summary
Council approved Resolution R2025‑145 authorizing the city manager to negotiate and execute an economic development incentive agreement with Monotronics International Inc. and BH Security LLC (Brink's/Monotronics) to reimburse 50% of local sales tax revenue generated by the company, pending minor legal cleanup of contract language.
The City Council voted Aug. 5 to approve Resolution R2025‑145 authorizing the city manager to negotiate and execute an economic development incentive agreement with Monotronics International Inc. and BH Security LLC (commonly referred to as Brink’s/Monotronics) to help retain the company’s operations in Farmers Branch.
City Manager Ben Williamson told the council the principal economic term is a sales‑tax rebate: "50 of the sales tax that they generate is then reimbursed on a quarterly basis for the foreseeable future," he said, describing the city’s intent…
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