AGENDA CAPTION:
Title
Consider approval of Resolution 2022-130R, approving a Chapter 380 Economic Development Incentive Agreement with Hill Country Group, LLC, providing incentives in the form of refunds of a percentage of real and personal property taxes over five years for the construction of a minimum 820,000 square feet of space for the location of a studio facility for film and video production within the La Cima Development; authorizing the City Manager, or her designee, to execute said agreement; and declaring an effective date.
Body
Meeting date: June 7, 2022
Department: City Manager's Office - Economic Development
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Fiscal Note:
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Diverse Local Economic Environment
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Background Information:
Locating at 6202 West Centerpoint Road, this project was previously designated "Dark Monday." Hill Country Group, LLC is proposing to construct a minimum of 820,000 sf for a full-service studio facility including sound stages, workshops, backlots, production offices, commissary, and additional space for vendors and support facilities. Capital investment is $267 millio...
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