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Farmers Branch council gives staff direction to pursue four-year demo-rebuild tax-incentive plan
Summary
Councilmembers agreed by consensus to proceed with a proposed four-year demolition-and-rebuild tax-incentive rebate program (presenter said the program would not include a cash rebate as presented).
City of Farmers Branch councilmembers directed staff Oct. 8 to proceed with a four-year demolition-and-rebuild tax-incentive rebate program that, as presented, would not include a cash rebate.
Deputy Director of Economic Development Darren Harris told the council the item returned after earlier consideration of three options (three-year, five-year and seven-year rebates) and that the mayor and council had broadly agreed to a…
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