Public Hearing: Consideration of a Resolution of the City Council of the City of Lewisville, Texas, Amending the City’s Economic Incentive (Commercial) Policy to Update Criteria for Certain Incentives, Establish Certain New Grants, Establish Priorities an

Staff Report & Agenda Item Details

Public Hearing: Consideration of a Resolution of the City Council of the City of Lewisville, Texas, Amending the City’s Economic Incentive (Commercial) Policy to Update Criteria for Certain Incentives, Establish Certain New Grants, Establish Priorities and Guidelines for City Participation in Affordable Housing Projects, and Improve Clarity, Flexibility, and Ensure Alignment With Current Economic Development Priorities; and to Establish and Adopt Guidelines and Criteria for Tax Abatement Agreements and Elect to Participate in Tax Abatement Agreements in Accordance with Chapter 312 of the Texas Tax Code; and Providing an Effective Date.

This motion is scored as EXPANDS_GOVERNMENT (Impact Weight: 2.0/10). Under the Bastiat Liberty Watchdog Index, measures that increase tax rates or fee schedules, issue new debt or Certificates of Obligation, expand regulatory/zoning restrictions on private land use, or authorize unbudgeted spending expansions reduce an official's Freedom Score when voted YES (and reward dissenting NO votes).