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Laredo committee backs creating Chapter 3.80 subcommittee to study incentives for service providers
Summary
The City of Laredo Economic Development Committee discussed forming a subcommittee to recommend modifications to Chapter 3.80 incentive guidelines so service providers can qualify for city incentives.
The City of Laredo Economic Development Committee discussed creating a subcommittee to recommend modifications to Chapter 3.80 incentive guidelines so they better cover service providers, during its May 20 meeting at City Hall.
Committee members said the current Chapter 3.80 rules are tied to large capital investment and job-creation metrics that can exclude businesses that primarily sell services rather…
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