Council approves Chapter 380 agreement to support Hampton Inn development

Sep 8, 2026

Council approved a Chapter 380 economic development agreement with Red River Investments LLC for a minimum 70-room Hampton Inn & Suites, including a $500,000 land-value/performance grant and a graduated tax reimbursement program capped at $1.5 million.

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Council approved a Chapter 380 economic development agreement with Red River Investments LLC to support construction of a minimum 70-room Hampton Inn & Suites in Plainview.

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