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Chapter 381 Economic Development Program Agreement

Chapter 381 Economic Development Program Agreement 2026

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The Chapter 381 Economic Development Program Agreement between El Paso County and Hawkins Regency, LLC aims to incentivize the redevelopment of a blighted property in El Paso, Texas. The agreement outlines the responsibilities of both parties, including the applicant's commitment to invest at least $12 million in site preparation and development, and the county's provision of grants based on increased property tax revenues and sales taxes generated by the new development. The project is expected to enhance local economic activity and improve community welfare.

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