Title
Consider/Discuss/Act on a Resolution Approving Raytheon Company for Enterprise Project Status
Summary
MEETING DATE: February 19, 2013
DEPARTMENT: City Manager
CONTACT: Jason Gray
RECOMMENDED CITY COUNCIL ACTION:
· Approve the nomination of Raytheon Company for Enterprise Project status and make the local incentives identified and summarized in the Resolution available to Raytheon Company
ITEM SUMMARY:
- This resolution nominates Raytheon Company for Enterprise Project status.
- This resolution authorizes the City Manager or his designee as the City's liaison to communicate and negotiate with the OOGEDT in all manners as set forth in the Resolution.
BACKGROUND INFORMATION:
· Ordinance No. 2010-05-014 authorizes the City to participate in the Texas Enterprise Zone Program. Raytheon Company meets all criteria required for Enterprise Project status.
FINANCIAL SUMMARY:
BOARD OR COMMISSION RECOMMENDATION:
· N/A