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Res 2014-062: Use Res. 2014-73
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Res 2014-062: Use Res. 2014-73
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5/14/2014 3:05:23 PM
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<br /> <br /> Res. 2014 – 62R was postponed on 4/29/2014 <br />th <br /> on May 6 new resolution 2014-73 was issued <br /> <br /> <br />Consider approval of Resolution 2014-62R approving a Chapter 380 Economic <br />Development Incentive Agreement with Upland Analytics, Inc., providing for the City to loan <br />up to $800,000.00 to said company as an inducement for the company to locate its <br />operations to the City; authorizing the City Manager to execute said agreement; and <br />declaring an effective date. <br /> <br /> <br />A motion was made by Mayor Pro-Tem Thomaides, seconded by Council Member Scott, <br />that this Resolution be postponed to May 6, 2014. The motion carried by the following vote: <br /> <br />For: 7 - Mayor Guerrero, Mayor Pro-Tem Thomaides, Deputy Mayor Pro Tem Becak, Council <br /> Thomason, Council Member Scott, Council Member Prather and Council Member Prewitt <br />Interlocal with State of TX for pass through loan of $800,000 for Upland <br /> <br />Analytics, Inc. <br />Against: 0 - <br /> <br />
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