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CHAPTER 380 ECONOMIC DEVELOPMENT PROGRAM GRANT AGREEMENT BETWEEN THE CITY OF SAN ANTONIO AND CENTR SAN ANTONIO FOR THE DOWNTOWN SHADE PLAN This Economic Development Program Grant Agreement (hereinafter

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Who needs chapter 380 economic development?

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Businesses looking to expand or relocate to a new area

02

Local governments seeking to attract investment and create jobs

03

Developers seeking financial incentives for projects that promote economic development

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What is chapter 380 economic development?

Chapter 380 economic development refers to a chapter in the Texas Local Government Code that allows municipalities to provide economic development incentives to attract businesses and stimulate economic growth.

Who is required to file chapter 380 economic development?

Municipalities in Texas are required to file chapter 380 economic development agreements when providing economic development incentives to businesses.

How to fill out chapter 380 economic development?

To fill out chapter 380 economic development, municipalities must outline the terms of the economic development agreement, including the incentives being offered to the business.

What is the purpose of chapter 380 economic development?

The purpose of chapter 380 economic development is to promote economic growth, create jobs, and attract businesses to a municipality.

What information must be reported on chapter 380 economic development?

Information that must be reported on chapter 380 economic development includes the name of the business receiving incentives, the type of incentives being provided, and the expected economic impact.

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