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Seguin council directs staff to negotiate Chapter 380 incentive deals for two downtown projects
Summary
After a lengthy discussion about outreach and transparency, council instructed staff to negotiate performance-based Chapter 380 agreements for a proposed downtown kitchen at 19o8 and an events venue called The Canopy.
The Seguin City Council on Tuesday voted to direct staff to negotiate Chapter 380 economic-development agreements for two downtown projects — a proposed kitchen for the 19o8 venue and an elevator at The Canopy event space — and to bring performance-based agreements back to council for final approval.
The council discussion centered on the projects’ potential public benefit, fairness of the application process and how any city support would be structured and verified. City staff said Chapter 380 agreements are a flexible local-government tool that can be tailored to a project’s needs; several council members asked that any assistance be tied to measurable performance milestones.
Kyle (economic development/Main Street coordinator) told council that downtown incentives aim to preserve cultural assets, increase pedestrian traffic and help incubate downtown businesses. “Our public benefit for downtown incentives include that we’re preserving our cultural assets,” he said.
What council directed
- Staff was instructed…
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