<strong>Consider action to approve the FY2027 Economic Development Funding and Lease Agreement with Rowlett Chamber of Commerce.</strong><br><br>Consider action to adopt a resolution approving the FY2027 Economic Development Funding and Lease Agreement between the City of Rowlett and the Rowlett Chamber of Commerce in the amount of $100,000 for economic development services, and the lease of the b

Staff Report & Agenda Item Details

The City Council is asked to consider approval of an Economic Development Funding and Lease Agreement between the City of Rowlett and the Rowlett Chamber of Commerce for the fiscal year 2027 (FY2027). Under the terms of the proposed agreement, the City will provide a Funding Grant in the amount of $100,000 for local economic development services designed to stimulate business and commercial activity within the City. Additionally, the agreement leases the old First Christian Church building at 4418 Main Street to the Chamber for office use at a nominal rent of $1.00 per year, and defines the respective maintenance and utility obligations of each party.

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