CITY OF MANSFIELD - File #: 13-0556

• File #: 13-0556
• Version: 1
• Name: Resolution - A Resolution by the City of Mansfield, Texas Approving an Agreement with MaryLou's Sandwich Shoppe Pursuant to an Economic Development Program Established under Chapter 380 of the Texas Local Government Code to Promote Economic Development an
• Type: Resolution
• Status: Passed
• File created: 5/17/2013
• In control: City Council
• On agenda: 6/10/2013
• Final action: 6/10/2013
• Title: Resolution - A Resolution by the City of Mansfield, Texas Approving an Agreement with MaryLou's Sandwich Shoppe Pursuant to an Economic Development Program Established under Chapter 380 of the Texas Local Government Code to Promote Economic Development and Stimulate Business and Commercial Activity in the City
• Sponsors: Felix Wong

Date	Ver.	Action By	Action	Result
6/10/2013	1	City Council	Approved	Pass

Title

Resolution - A Resolution by the City of Mansfield, Texas Approving an Agreement with MaryLou's Sandwich Shoppe Pursuant to an Economic Development Program Established under Chapter 380 of the Texas Local Government Code to Promote Economic Development and Stimulate Business and Commercial Activity in the City

Requested Action

Consider the subject Chapter 380 Agreement.

Recommendation

Approve the agreement.

Description/History

The proposed agreement will provide a $20,000 economic development loan for the expansion and remodeling of MaryLou's Sandwich Shoppe, which will increase the dining space and services offered by the restaurant (see information in letter from applicant).

Justification

See information above.

Funding Source

General Fund

Prepared By

Felix Wong, Director of Planning

817-276-4228