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and now well move on to uh public hearings item 6a hold a public hearing regarding an economic development subsidy report pursuant to government code section 53083 adopt a resolution accepting the report and authorizing the city manager to execute a tax sharing participation agreement with walmart.com usa llc city manager okay as i hear the screen okay that should be uh so uh good evening uh mayor uh members of the city council and members of the public javon grogan city manager uh tonight uh this public hearing uh and action uh is will be jointly presented to you by myself and city attorney mark zapparano the the action thats requested of the city council is to accept the report and authorize the city manager to enter into a tax sharing participation participation agreement with walmart.com so what is the benefits to this agreement for the city first its important to know it achieves two of our important economic development goals one for business expansion walmart.com is investing