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Today's BG Podcast features a conversation with returning guest David A. Colligan, Acting Assistant Director Economic Development Department, City of Austin.
A follow-up to Episode 12, David and Bingham Group CEO A.J. Bingham discuss the Austin City Council’s passage of a framework for restructuring the city’s economic incentives programs (on August 30, 2018) with the goal of increasing small business growth and improving job opportunities for lower-wage and middle-skill workers.
Chapter 380 Agreements, part of the Local Government Code, authorize municipalities to offer incentives designed to promote economic development such as commercial and retail projects.
These agreements specifically provide for offering loans and grants of city funds or services at little or no cost to promote state and local economic development and to stimulate business and commercial activity.
This discussion was recorded on September 19, 2018.
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