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19 - Resolution Approving an Additional 40 Acres for American Spiral Weld (2)
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01/22/18
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19 - Resolution Approving an Additional 40 Acres for American Spiral Weld (2)
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° <br />1 I I r <br />1 <br />ND,, ». <br />ww,�„ "'° , II ,wAND .D I'DINGS A <br />RING AN <br />713FFECTIVE DATE. <br />WHEREAS, <br />tr f <br />1 <br />WHEREAS,AMERICAN Company, a South <br />Carolina limited liability company engaged in the business of fabricated pipe and pipe <br />fitting manufacturing (NAICS 3329961) seeks toinvest $60,000,,000.00 to build and operate <br />a manufacturing plant y N and <br />WHEREAS, w two finalists as a location for the <br />above -referenced ^ R <br />r1 a, ,.. N !i • , ^ <br />;- IM #� , • . � � / i . i ^ � � * ,M � " . :Ili <br />WHEREAS, on r voted to send tit, <br />City Council for, approval an offer of an economic incentive package to the Company in the <br />approximate amount of $1,283,000.00 as an incentive for the Company Spiral Weld to <br />locate their proposedplant <br />WHEREAS,addition ^ offered M the <br />PEDC, the City <br />Ainducementof ,^ tax abatement <br />1" improvements;r real <br />property, and <br />WHEREAS, also desiresiapplication <br />Officeof the Governor for - grant Texas Enterprise Fund; and <br />interestWHEREAS, the City Council hereby finds that it is in the best <br />Exhibit—A <br />applicationN the Texas Enterprise Fund; <br />T �n <br />
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