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City presents annual review of active incentive agreements; Hooky entertainment project due to open this spring
Summary
Staff and the economic development director reviewed active city and EDC incentive agreements, outstanding compliance items and remaining payments. Hooky Entertainment (Project V) reported construction progress and said it expects to be open before Memorial Day.
The city’s director of economic development and the city controller presented the council with an annual review of active incentive agreements for the City of Hutto and the Hutto Economic Development Corporation (EDC) on April 17, reporting payments to date, remaining obligations and several compliance issues.
Chaney Imboa, director of economic development, and Christina Bishop, city controller, described three groupings of agreements: city‑only incentives, EDC‑only incentives, and combined city/EDC packages. They walked the council through the status of previously negotiated reimbursements and workforce grants and highlighted contracts with outstanding deliverables or past-due filings.
Key figures reviewed by staff included: Carmel Creek (developer reimbursement concluded this April after a…
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