Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances amendment tied to confidential "Project X" to full council on Jan. 6
Summary
Staff presented a proposed amendment to the Encore LLC economic development agreement linked to a confidential prospect called "Project X." The committee voted to move the amendment to the full council for consideration on Jan. 6; staff described changes to timing, duration and potential tax-abatement caps.
City staff briefed the committee on a proposed amendment to the 2024 economic development agreement with Encore LLC that staff said is needed to enable a confidential prospect referred to in the meeting as "Project X."
Staff described the existing agreement as a 100% rebate of city taxes (sales, liquor, lodging, rental, business license and non-educational ad valorem taxes) and a 100% rebate of the building permit fee,…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
