Note: For agreements that do not have a set expiration date, the expiration date will show as 12/31/2078. All information has been provided by local governments. Only agreements that are or were active as of Sept. 1, 2021, when HB 2402 went into effect or agreements that have been entered into, amended or renewed since then are required to be reported to the database.
Chapter 380-381 economic development agreement information as reported to the Comptroller by this entity.
Local government type: City
Local government code: 0002835
Type of agreement: New
Record filed: 03/30/2022 11:42
300 N. Campbell St.
El Paso, TX 79901
101 El Paso Street, LP
Effective Date of Agreement: 05/09/2017
Expiration Date of Agreement: 05/09/2032
Counties that the agreement affects: El Paso
Agreement Number: 0002835
*Predevelopment Grant over 3 Years = $6,000,000 Redevelopment Breakdown **Pre Development at closing $3,000,000 **50% Complete $1,000,000 **75% Complete $1,000,000 **100% Complete $1,000,000 *CBD Campus Grant ($1,751,520Pd. Yearly - 8yr) = $14,012,162 *8 Year City Incr. Property Tax Abatement 100 % = $2,240,322 *8 Year State HOT Tax $4,707,807 *8 Year State Mixed Beverage Sales Tax $2,498,739 *8 Year City HOT Tax 50% $2,746,221 *8 Year City Sales Tax 100% $399,798