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File #: 23-5305    Version: 1 Name: PUBLIC HEARING REGARDING PROJECTS PROPOSED TO BE UNDERTAKEN BY THE MANSFIELD ECONOMIC DEVELOPMENT CORPORATION, A TYPE “A” ECONOMIC DEVELOPMENT CORPORATION
Type: Consideration Item Status: Public Hearing
File created: 4/14/2023 In control: City Council
On agenda: 4/24/2023 Final action:
Title: Public Hearing - A Public Hearing Regarding Certain Type "B" Projects that the Mansfield Economic Development Corporation, A Type "A" Economic Development Corporation, Proposes to Undertake in the City of Mansfield
Sponsors: Jason Moore
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Title

Public Hearing - A Public Hearing Regarding Certain Type "B" Projects that the Mansfield Economic Development Corporation, A Type "A" Economic Development Corporation, Proposes to Undertake in the City of Mansfield

 

Requested Action

No Action

 

Recommendation

Staff presentation and Public Hearing only

 

Description/History

A public hearing is required to present certain Type “B” projects listed hereafter that the Mansfield Economic Development Corporation (“Corporation”) proposes to undertake in the City of Mansfield (the “City”) and pay for with the revenues of the sales and use tax levied by the City for the benefit of the Corporation and such projects considering the results of the May 6, 2023 local election.

 

The proposed projects include the following: projects related to recreational or community facilities, including but not limited to, land, buildings, equipment, facilities and improvements found by the board of directors to be required or suitable for use for professional and amateur sports, including children’s sports, entertainment, tourist, convention, public park purposes and events, auditoriums, amphitheaters, parks and park facilities, open space improvements, related store, restaurant, concession, automobile parking facilities, related transportation facilities, related roads, streets, water and sewer facilities, other related improvements to enhance these projects, any other projects or improvements found by the Corporation’s board of directors to promote new or expanded business development, and maintenance and operating costs associated with any of the above detailed projects; and a professional multi-sport venue and related infrastructure, as defined in Chapter 334.001 of the Texas Local Government Code, and maintenance and operating costs of such project.

 

Prepared By

Jason Moore, Executive Director Economic Development