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Begins on
Wednesday, April 15, 2026
at 11:00 AM (CDT)
After determining that a quorum is present, the Economic Development Partnership Board of the City of Denton, Texas, will convene in a Special Called Meeting on Wednesday, April 15, 2026, at 11:00 a.m. in the Development Service Center Training Rooms 3, 4, and 5 at 401 N. Elm Street, Denton, Texas at which the following items will be considered:
D. EDP26-011 Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for KrateoSky for a sales tax rebate on construction materials up to $94,500, a job-based grant up to $227,000, an ad valorem rebate on real property improvements and business personal property up to $498,564 and a headquarters grant up to $50,000 under Chapter 380 of the Local Government Code.
B. EDP26-013 Staff Reports: 1. DEDC Report - Rick Woolfolk 2. Quarterly Director's Report - Brittany Sotelo 3. Future Agenda Items - Brittany Sotelo
D. EDP26-011 Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for KrateoSky for a sales tax rebate on construction materials up to $94,500, a job-based grant up to $227,000, an ad valorem rebate on real property improvements and business personal property up to $498,564 and a headquarters grant up to $50,000 under Chapter 380 of the Local Government Code.
B. EDP26-013 Staff Reports: 1. DEDC Report - Rick Woolfolk 2. Quarterly Director's Report - Brittany Sotelo 3. Future Agenda Items - Brittany Sotelo
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Economic Development Partnership Board or the public with specific factual information or recitation of policy, or accept a proposal to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open Meetings Act, provide reports about items of community interest regarding which no action will be taken, to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; or an announcement involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda.
NOTE: The Economic Development Partnership Board reserves the right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law.
I certify that the above notice of meeting was posted on the official website (https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E. McKinney Street, Denton, Texas, on April 9, 2026, in advance of the three (3) business day posting deadline, as applicable, and in accordance with Chapter 551 of the Texas Government Code.
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE HEARING IMPAIRED, IF REQUESTED AT LEAST TWO (2) BUSINESS DAYS IN ADVANCE OF THE SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
Apr 15, 2026 Economic Development Partnership Board on 2026-04-15 11:00 AM (SPECIAL CALLED)
After determining that a quorum is present, the Economic Development Partnership Board of the City of Denton, Texas, will convene in a Special Called Meeting on Wednesday, April 15, 2026, at 11:00 a.m. in the Development Service Center Training Rooms 3, 4, and 5 at 401 N. Elm Street, Denton, Texas at which the following items will be considered:
D. EDP26-011 Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for KrateoSky for a sales tax rebate on construction materials up to $94,500, a job-based grant up to $227,000, an ad valorem rebate on real property improvements and business personal property up to $498,564 and a headquarters grant up to $50,000 under Chapter 380 of the Local Government Code.
B. EDP26-013 Staff Reports: 1. DEDC Report - Rick Woolfolk 2. Quarterly Director's Report - Brittany Sotelo 3. Future Agenda Items - Brittany Sotelo
D. EDP26-011 Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for KrateoSky for a sales tax rebate on construction materials up to $94,500, a job-based grant up to $227,000, an ad valorem rebate on real property improvements and business personal property up to $498,564 and a headquarters grant up to $50,000 under Chapter 380 of the Local Government Code.
B. EDP26-013 Staff Reports: 1. DEDC Report - Rick Woolfolk 2. Quarterly Director's Report - Brittany Sotelo 3. Future Agenda Items - Brittany Sotelo
A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Economic Development Partnership Board or the public with specific factual information or recitation of policy, or accept a proposal to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open Meetings Act, provide reports about items of community interest regarding which no action will be taken, to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; or an announcement involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda.
NOTE: The Economic Development Partnership Board reserves the right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law.
I certify that the above notice of meeting was posted on the official website (https://tx-denton.civicplus.com/242/Public-Meetings-Agendas) and bulletin board at City Hall, 215 E. McKinney Street, Denton, Texas, on April 9, 2026, in advance of the three (3) business day posting deadline, as applicable, and in accordance with Chapter 551 of the Texas Government Code.
NOTE: THE CITY OF DENTON'S DESIGNATED PUBLIC MEETING FACILITIES ARE ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE ACCOMMODATION, SUCH AS SIGN LANGUAGE INTERPRETERS FOR THE HEARING IMPAIRED, IF REQUESTED AT LEAST TWO (2) BUSINESS DAYS IN ADVANCE OF THE SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940-349-8309 OR USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO THAT REASONABLE ACCOMMODATION CAN BE ARRANGED.
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