This event has finished
Ended at
Wednesday, June 25, 2025
at 7:00 PM (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, June 25, 2025, 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:
B. Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for Panel Rey, a subsidiary of Grupo Promax, for an Ad Valorem rebate over five years on real property up to $47,419 and business personal property up to $122,938, a job based grant of $16,500 on qualified jobs, and a relocation grant of $50,000, under Chapter 380 of the Local Government Code, for an amount not to exceed $236,857.
A. Staff Reports: 1. Water Infrastructure Report - Stephen Gay 2. Director’s Report - Brittany Sotelo 3. Future Agenda Items - Christine Taylor
B. Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for Panel Rey, a subsidiary of Grupo Promax, for an Ad Valorem rebate over five years on real property up to $47,419 and business personal property up to $122,938, a job based grant of $16,500 on qualified jobs, and a relocation grant of $50,000, under Chapter 380 of the Local Government Code, for an amount not to exceed $236,857.
A. Staff Reports: 1. Water Infrastructure Report - Stephen Gay 2. Director’s Report - Brittany Sotelo 3. Future Agenda Items - Christine Taylor
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 June 18, 2025, in advance of the 72-hour 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 48 HOURS 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.
Jun 25, 2025 Economic Development Partnership Board on 2025-06-25 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, June 25, 2025, 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:
B. Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for Panel Rey, a subsidiary of Grupo Promax, for an Ad Valorem rebate over five years on real property up to $47,419 and business personal property up to $122,938, a job based grant of $16,500 on qualified jobs, and a relocation grant of $50,000, under Chapter 380 of the Local Government Code, for an amount not to exceed $236,857.
A. Staff Reports: 1. Water Infrastructure Report - Stephen Gay 2. Director’s Report - Brittany Sotelo 3. Future Agenda Items - Christine Taylor
B. Receive a report, hold a discussion, and consider recommending approval to City Council regarding an incentive agreement for Panel Rey, a subsidiary of Grupo Promax, for an Ad Valorem rebate over five years on real property up to $47,419 and business personal property up to $122,938, a job based grant of $16,500 on qualified jobs, and a relocation grant of $50,000, under Chapter 380 of the Local Government Code, for an amount not to exceed $236,857.
A. Staff Reports: 1. Water Infrastructure Report - Stephen Gay 2. Director’s Report - Brittany Sotelo 3. Future Agenda Items - Christine Taylor
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 June 18, 2025, in advance of the 72-hour 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 48 HOURS 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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