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Council discusses draft Chapter 380 economic incentives policy to make Graham more competitive
City of Graham City Council · October 9, 2024
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Summary
Staff presented a draft Chapter 380 policy to allow the city to offer defined economic development incentives (examples cited include hot tax abatements for hotels); the item was discussion-only and will return as a proposed policy for future consideration.
City staff introduced a draft economic incentives and business stimulus policy under Texas Local Government Code Chapter 380, describing the policy as a tool to allow Graham to offer defined incentives to attract larger developments that may fall outside the scope of the GEIC.
Staff explained that a formal Chapter…
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