Title
Conduct a public hearing and consider a resolution approving the terms and conditions of a program to promote local economic development and stimulate business and commercial activity in the City, authorizing the City Manager to finalize and execute an Economic Development Program Agreement (Chapter 380 Agreement) for such purposes with Notain Realty (Mesquite Airport Logistics Center) Limited Partnership, for the major development of property located at 4180 and 1262 East Scyene Road, in the City of Mesquite, Texas, and the sale of a portion and option to purchase the remainder of approximately 50 acres of City-owned property for development located at 1900 Airport Boulevard, and authorizing the City Manager to administer the agreement on behalf of the City.
Body
On February 13, 2021, City staff briefed the City Council on a proposed development agreement with Dalfen Industrial for the construction of two industrial buildings on Scyene Road, just west of the Mesquite Municipal Airport. Dalfen Industrial has a significant track record of industrial development in the Dallas/Fort Worth area and throughout the country and recently completed the two distribution facilities on Kearney, just west of Collins Road/SH 352 called the East Dallas Logistics Center.
Dalfen's proposed development includes two buildings, 395,000 square feet and 475,000 square feet. As part of this development, Dalfen is proposing improvements to Airport Boulevard to allow access to each of the two buildings. Due to a high transmission gas line that bisects the property, Dalfen is seeking to purchase a 15-acre portion of City owned property directly to the south of their property to maximize the development of their project. This property was purchased by the City several years ago for the purpose of attracting development adjacent to the airport.
The resolution will authorize the City Manager to finalize and execute the Chapter 380 agreement with Notain Realty, which is Dalfen's enti...
Click here for full text