Authorize negotiation and execution of a Business Expansion Program economic development agreement with 3billion US, Inc. for a jobs-based award of $1,000 per job hired in the City of Austin over a 10-year term, as well as a transfer of $20,637 to the Childcare Assistance Reserve Fund. Funding: Contingent upon approval of the Operating Budget of the Austin Economic Development Department’s Economic Incentive Reserve Fund Budget.
25-2696 · Consent · Passed