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City adopts Chapter 380 incentive program policy
Summary
The council adopted a local policy statement for the Chapter 380 Incentive Program, creating a framework for economic incentives under Texas Local Government Code; the motion passed 5–0.
Councilmember Casondra Dailey moved to adopt the City of Mustang Ridge Policy Statement for the Chapter 380 Incentive Program under Chapter 380 of the Texas Local Government Code; Cecilia Padilla-Lopez seconded and the motion carried 5–0.
The adoption sets a local policy framework for grants, incentives, or agreements under Chapter 380. The minutes record the motion and approval but do not enumerate program thresholds, eligibility criteria, or budget authorizations; staff will present details if the city pursues specific incentive agreements.
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