CouncilTrac · Matter
Public hearing and vote on updating the Texas Enterprise Zone incentives ordinance
What this is
Council will hold a public hearing and consider adopting Ordinance No. 4355, which updates Ordinance No. 4050 to add incentives that are available under existing city policy for the Texas Enterprise Zone Program but are not currently included in the ordinance. Residents can submit comments online by 5 p.m. at www.cor.net/PublicCommentForm or by calling (214) 997-0297 at 6 p.m.
Why it matters
Updating this ordinance could expand the range of incentives the city can offer to businesses in designated enterprise zones, affecting economic development activity in Richardson.
Council action
Motion to approve the ordinance as presented
Seconded by Ken Hutchenrider.
7 yes · 0 no
The approved minutes report the tally without a name-by-name roll call.
Timeline
- July 13, 2026 Agenda posted — August 3, 2020 meeting
- August 3, 2020 Vote taken — August 3, 2020 meeting · Approved 7-0
Appearances on agendas
-
City Council — August 3, 2020
Hold public hearing and adopt Ordinance No. 4355
Official agenda language
PUBLIC HEARING AND CONSIDER ADOPTION OF ORDINANCE NO. 4355, AMENDING ORDINANCE NO. 4050 UPDATING THE INCENTIVES WHICH MIGHT BE AVAILABLE TO THE TEXAS ENTERPRISE ZONE PROGRAM UNDER EXISTING CITY OF RICHARDSON POLICY, BUT WHICH ARE NOT CURRENTLY OFFERED UNDER ORDINANCE NO. 4050. Citizens wishing to address the City Council can submit comments electronically by 5:00 p.m. by utilizing the Public Comment Card found here: www.cor.net/PublicCommentForm , or by calling (214) 997-0297 at 6:00 p.m.
Documents
Related matters
-
Executive session: economic development deliberation for Project Realcom
The council will meet in closed session under Texas Government Code Section 551.087 to discuss confidential commercial or financial information and potential incentives related to a business prospect identified as Project Realcom.
-
Executive session: economic development deliberation (Project Nova)
The council will meet in closed session to discuss confidential financial or commercial information from a business prospect and/or a potential incentive offer to that prospect, referred to internally as Project Nova.
-
Nominate Fossil Partners, L.P. as a Texas State Enterprise Zone Project
The city would officially nominate Fossil Partners, L.P. for designation as a Texas State Enterprise Zone Project, which can make the company eligible for state tax benefits tied to job creation or investment.
-
Executive session: economic development deliberations
The council will meet in closed session to discuss confidential commercial or financial information and potential incentives related to two business prospects identified as Arapaho Station and Project Assembly.
-
Executive session: economic development deliberation (Project Northpoint)
The council will meet in closed session under Texas Government Code Section 551.087 to discuss confidential commercial or financial information from a business prospect and consider offering incentives. The specific prospect is identified only as Project Northpoint.