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CITY OF MIDLANDCITY OF MIDLAND APPLICATION FOR CHAPTER 380 PROGRAM1Company Information Company Legal Name:___Federal Tax ID#:___Phone Number:___State of Incorporation:___Years in Midland:___Annual
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Review the requirements and guidelines provided for Chapter 380 economic development
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Who needs chapter 380 economic development?

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Local governments looking to attract new businesses or promote economic growth in their area
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Developers seeking incentives or assistance for development projects
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Businesses looking to expand or relocate with the support of a government entity
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Chapter 380 economic development refers to a provision in Texas law that allows cities and counties to provide financial incentives to promote economic development within their jurisdictions.
Entities receiving economic incentives, such as businesses or developers, are typically required to file for chapter 380 economic development.
To fill out chapter 380 economic development, applicants need to complete an application form provided by the local government, including details about the project, proposed financial incentives, and necessary supporting documents.
The purpose of chapter 380 economic development is to stimulate local economies by attracting businesses, creating jobs, and promoting infrastructure improvements through the provision of financial incentives.
Information that must be reported includes project details, financial incentives requested, expected job creation, investment amounts, and compliance with local development plans.
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