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CHAPTER 380 ECONOMIC DEVELOPMENT AGREEMENT BETWEEN THE CITY OF BURLESON AND OLD TOWN STATION, This Economic Development Agreement (the “Agreement “) is entered into as of (the Effective Date)
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How to fill out chapter 380 economic development

01
Start by gathering all necessary documents and information related to the economic development project.
02
Review the requirements and guidelines outlined in Chapter 380 of the Economic Development Code.
03
Identify the specific sections and provisions that are applicable to your project.
04
Fill out the required forms and provide all requested information accurately and completely.
05
Attach any supporting documents or evidence that may be required to support your application.
06
Review and double-check all the filled information to ensure accuracy.
07
Submit the completed application along with any required fees to the appropriate governing body or department responsible for economic development.
08
Follow up on the application to ensure its processing and address any further inquiries or requests for additional information.
09
Attend any meetings or hearings related to the application, if required.
10
If approved, fulfill any obligations or conditions set forth in the Chapter 380 Economic Development agreement.
11
Keep track of any reporting or documentation requirements to demonstrate compliance with the agreement.
12
Seek legal or professional advice if you have any questions or concerns during the process.

Who needs chapter 380 economic development?

01
Chapter 380 Economic Development may be needed by various entities and stakeholders:
02
- Local governments and municipalities looking to promote economic growth and development in their areas.
03
- Businesses or individuals seeking financial assistance, tax incentives, or other economic incentives for their projects.
04
- Developers or investors involved in infrastructure or property development projects.
05
- Non-profit organizations or community groups aiming to revitalize or enhance the local economy.
06
- State or regional economic development agencies working to attract or retain businesses in a particular area.
07
- Public-private partnerships or joint ventures seeking a framework for collaboration in economic development.
08
- Economic development professionals or consultants assisting clients with navigating the economic development process.
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Chapter 380 economic development is a tool that allows local governments in Texas to provide financial incentives to promote economic development.
Local governments in Texas are required to file chapter 380 economic development agreements.
To fill out chapter 380 economic development agreements, local governments must include details about the financial incentives being offered to promote economic development.
The purpose of chapter 380 economic development is to attract new businesses, retain existing businesses, and stimulate economic growth in Texas.
Chapter 380 economic development agreements must include details about the financial incentives offered, the expected economic impact, and any reporting requirements.
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