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Council approves economic development grants for Firefly and Right 1, appoints Erin Forsyth and excuses absent council member
Summary
The Cedar Park City Council approved two performance-based economic development agreements—$1,000,000 to Firefly Aerospace and $1,200,000 to Right 1—appointed Erin Forsyth to the Type A board and formally excused Council member Kirkland for a technology failure. The consent agenda passed as well.
The Cedar Park City Council approved a slate of items Thursday including two performance-based economic development grants, an appointment to the Type A economic development sales tax corporation board, and the excusal of a council member whose absence was caused by a technology failure.
Arthur Jackson, the city’s chief economic development officer, presented two proposals:
- Firefly Aerospace (Project SETI): a $1,000,000 performance-based grant in exchange for the company leasing a new 44,000-square-foot facility in New Hope Corporate Park, completing a $3,100,000 tenant finish-out and committing to hire 300 full-time employees at…
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