[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6561007,"mediaKeyId","3303487-766f813c165f86019f1ccb7d4873329b","parentId",3303487,"title","Economic Development board recommends Chapter 380 incentives for U.S. Cold Storage expansion in Denton","audioSeconds",777,"startMs",294000,"endMs",1071000,"viewUrl","/Search/View?dp=1&key=3303487-766f813c165f86019f1ccb7d4873329b&start=294&end=1071","thumbnailUrl","https://assets.pipeline.soar.com/3303487-766f813c165f86019f1ccb7d4873329b/thumbnail_294000.jpg","articleUrl","/articles/6561007/Denton-City/Denton-County/Texas/Economic-Development-board-recommends-Chapter-380-incentives-for-US-Cold-Storage-expansion-in-Denton","mediaUrl","https://secure.pipeline.soar.com/6561007-3415d3ed832ec0f776af61b5f8530c10/orig.mp4?Expires=1771164967&Signature=ngdKcLnGCG70UJsANO82cnBY0nGUwgtWnEKv1PyZMPfbmCSvOIUckpmQaN6m327V~4rql4aBKpmDkCD7a5UtFzZH9bRTQ2OOxqBoNAzfqXRjPMtZTzVHaDgjtN5kD5ago-OJPGUvidJXfxrexkQ51D2vg0gAANjs0fFCPPLJl430-bsc-Af7o4OvDAnze02UY8bgJteBWI6rRVZ5j94V5~JjpHrThavU9LYHKVP4anztvkQbI43Y~H9GC4LVU7e9NQH5H4lJA0c7ETh~L5K-LFMu3oLQEHPVAxgS-cGi5J-iIRVrfTlZ4mptGwDW2vAzNV93eZc~-dvyKGInWO6mnw__&Key-Pair-Id=KUT5TJCACFTXG","author","Denton","date","2025-05-14T00:00:00Z","article","The Economic Development Partnership Board on a voice vote recommended that the City Council consider a Chapter 380 incentive package for United States Cold Storage to support a planned expansion at its Denton facility.

Erica Sullivan, economic development program administrator for the city, told the board the project would add a roughly 100,000‑square‑foot expansion on the company’s existing tract at 3255 Jim Cristal (as reported in the staff packet), involve about $35 million in capital investment and create 72 new jobs with a weighted average wage of about $50,583. Sullivan described the request as a performance‑based proposal that would return 60% of ad valorem taxes on improvements and business personal property for eight years and a one‑time 75% rebate of sales and use tax on construction and equipping costs. Sullivan said the staff recommendation was for a Chapter 380 agreement “not to exceed” the figure shown in the agenda/packet and that, if approved by the board, the item would go to City Council for individual consideration in early June.

The board’s discussion focused on two topics: the fiscal return of the expansion and a prior compliance issue. Sullivan reviewed the economic impact model included in the packet, saying the expansion alone produced a 24.9% rate of return with a payback period of roughly 4.8 years; when combined with the existing facility the model showed a substantially higher combined return. Board members asked about a prior termination: Sullivan told the board that the city terminated an earlier construction sales‑tax incentive in 2023 after finance staff could not verify that the company had obtained a Texas Direct Payment permit for the Denton site and instead appeared to have filed that permit with Dallas, preventing the city from confirming sales tax sourcing for the Denton facility. Sullivan said finance reported they could not find the permits or separate reporting for Denton in the confidential reports they reviewed.

Board members pressed staff on whether controls are in place to prevent a repeat of the verification problem. Sullivan said staff has provided technical assistance to the company and that the company is using a consultant; she and legal staff said they would need to confirm whether any remedy or retroactive calculation would be possible if state records were later changed or audited. The board also discussed timing of the expected construction rebate (staff estimated the one‑time sales‑tax rebate would appear in year two after issuance of the certificate of occupancy for the expansion).

The board voted in favor of recommending the incentive package to City Council by voice vote. Per staff, the next step would be City Council review and potential execution of an agreement after council approval.

Votes at a glance: EDP 25‑012 (U.S. Cold Storage) — board recommendation to City Council for a Chapter 380 incentive package including a 60% ad valorem rebate for eight years and a one‑time 75% construction sales/use tax rebate; motion passed by voice vote; mover/second not specified in the transcript.

The item will return to City Council for individual consideration; staff identified June as a target month for that council action.","mediaType","Video","parentTitle","Denton - Economic Development Partnership Board on 2025-05-14 11:00 AM - May 14, 2025","oneSentenceSummary","The Economic Development Partnership Board on a voice vote recommended that City Council consider a Chapter 380 incentive package for United States Cold Storage to support a planned expansion at its Denton facility.","taxTitle","Denton City, Denton County, Texas","taxId",2787,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6560993,"Staff reports highlight entrepreneurship hub expansion, active recruitment pipeline and infrastructure constraints",2628,1716000,4344000,"/Search/View?dp=1&key=3303487-766f813c165f86019f1ccb7d4873329b&start=1716&end=4344","https://assets.pipeline.soar.com/3303487-766f813c165f86019f1ccb7d4873329b/thumbnail_1716000.jpg","/articles/6560993/Denton-City/Denton-County/Texas/Staff-reports-highlight-entrepreneurship-hub-expansion-active-recruitment-pipeline-and-infrastructure-constraints","https://secure.pipeline.soar.com/6560993-5f637b6a2427d8ee1ff11725c3fbafc7/orig.mp4?Expires=1771164967&Signature=HPxIrCwq1eAG99WnofC-LTKhrW9lFXEf7twtUfItPQ3-poDI4L-odAYE~PgXmveW2yHj3GYgk7fmfAz9Oz6KzMfOxzFD4QVHYzNv1I3uaVJt~4e0b0XS4jflMnu5OOt5BSM5NAIRaJOR1V6cK~HjYnd1ZBJgY1R-Al1H7rQuHkPZG0aJvMEDhpdq59qdwqEsqXObAO-c8p7jXNtFQpSQP3LL8dR6gjvZo45iDAsUbXlSNHkDsQMzglfFvjBa0PAm0Ec2fH1oh6JQSOhzmnfe5JORZBSJt4-sQT1P9DZiVQ34X~aSzb95K~U-LWcrl8DnPlLDyKg9QooItu8T7Nf4JQ__&Key-Pair-Id=KUT5TJCACFTXG","City staff and partners delivered updates covering an entrepreneurship hub lease and expansion, downtown and recruitment activity, and infrastructure priorities affecting future economic development projects.

Heather Gregory reported on Hickory Hill, a public‑private entrepreneurship hub that partners with the city. Gregory said the organization’s five‑year lease is concluding and staff are drafting a renewed five‑and‑a‑half‑year lease; Hickory Hill plans to expand into adjacent office space to add private offices and a larger community workshop room. Gregory said the hub serves roughly 200 members in a mix of co‑working and private offices, runs recurring training and mentorship programs (including a pitch competition and a creative economy conference) and partners with local institutions such as Texas Woman’s University for programming. Gregory said tenant improvement costs will be shared between the landlord (Martino Group) and the hub and amortized across the new lease.

Economic development staff reported a busy recruitment pipeline. Department presentations cited roughly 25 active projects in staff tracking, a pipeline that staff estimated could potentially yield about 3,900 jobs and approximately $4.5 billion in capital investment if all leads converted. Staff said April brought 50 new leads and that the department is improving site visit coordination and responsiveness to brokers, which staff and board members said has produced positive feedback from commercial brokers and prospects.

Board members and staff discussed infrastructure as a strategic constraint to converting recruitment leads. Multiple participants urged clearer maps and consolidated data showing where water and sewer capacity exist, how much excess capacity is available and where the city and partner districts should prioritize investment. Staff said utility departments and engineering are working on sewer and large water‑line projects and that a planned update on water infrastructure will return to the board in June; Tony Puente (utility general manager) was cited as scheduling a follow‑up on commercial deposits and utility account rules in July/August. Board members recommended the city prepare a prioritized list of shovel‑ready parcels and consider a certified‑site program so recruiters and brokers can see which sites are ready for industrial/manufacturing development.

Other updates: staff noted downtown reinvestment grant activity and a recent approved downtown grant for a façade/rehab project; staff reported outreach such as attendance at EarthX and a downtown master class; and staff provided a brief update on film and media efforts, saying the Texas biennial film incentive is proposed to increase from $200 million to $500 million (pending the legislative process) which could influence local filming and recruitment.

Staff also highlighted a recent job fair with more than 600 attendees and a note that a local performer tied to Denton was advancing in a national talent contest and filming locally.","Staff reported on Hickory Hill’s lease renewal and expansion of co‑working space, announced a robust pipeline of recruitment leads, and briefed the board on infrastructure challenges and planned utility updates for future meetings.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6560998,"Economic Development Partnership Board elects chair and vice chair, approves minutes",101,55000,156000,"/Search/View?dp=1&key=3303487-766f813c165f86019f1ccb7d4873329b&start=55&end=156","https://assets.pipeline.soar.com/3303487-766f813c165f86019f1ccb7d4873329b/thumbnail_55000.jpg","/articles/6560998/Denton-City/Denton-County/Texas/Economic-Development-Partnership-Board-elects-chair-and-vice-chair-approves-minutes","https://secure.pipeline.soar.com/6560998-eb74c47cdb7130eefebe378fccc8286e/orig.mp4?Expires=1771164967&Signature=oqNSR4m8v4eOyUWirhu8Nj0x1wjTmQCglbh1NlPNJaupr2v8s3FBOQjlGIwNsQMasYqQTmFARmxMqgHTAUPw4EQbVdZoNUUjoo3VJ1cfhdK3ZE4GWeKIzcL2stf3-8SjhfG1PhnrKMmjwVcY52CFWag7x6X~pkWxQq0ALGIvLWVC1EaPAo6S2vENJI6j3Y1Rbn1xnxJno93KVJpg26SibfwdNrwsDYlYZMs60KTLallZjOLRZNkZKgktKOctRUnd66~Gw~Xv12TPmmVxrhAV4F457ky0aUg9KIWdswaSY--xpZHSjRGDAPSPtrdZzADO~~5~9MMyiXVohnqbmouZEA__&Key-Pair-Id=KUT5TJCACFTXG","The Economic Development Partnership Board opened its meeting by confirming a quorum, welcoming new members and electing board leadership.

Board member Amy Bissett nominated Brian Danhope for chair; the board approved the nomination by voice vote and Brian Danhope assumed the chair role. The board then considered a vice‑chair nomination and approved Jeremy Fikes as vice chair by voice vote. The board also approved the April 9, 2025 meeting minutes by voice vote.

The chair and vice chair elections and the minutes approval were handled by voice vote; the transcript records multiple board members saying “aye,” but no roll‑call tally for individual names was recorded in the public transcript.","At its meeting the board elected new leadership by voice vote and approved minutes from the previous meeting; new members were introduced.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_47":105,"_49":106,"_51":107,"_53":108,"_55":56,"_57":58,"_59":109,"_61":62,"_63":64,"_65":110,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6561003,"Board backs Chapter 380 package for Mayday Manufacturing expansion, cites workforce and retention benefits",397,1073000,1470000,"/Search/View?dp=1&key=3303487-766f813c165f86019f1ccb7d4873329b&start=1073&end=1470","https://assets.pipeline.soar.com/3303487-766f813c165f86019f1ccb7d4873329b/thumbnail_1073000.jpg","/articles/6561003/Denton-City/Denton-County/Texas/Board-backs-Chapter-380-package-for-Mayday-Manufacturing-expansion-cites-workforce-and-retention-benefits","https://secure.pipeline.soar.com/6561003-4b2bdee1cf49e01a721d71779f8078e4/orig.mp4?Expires=1771164967&Signature=JBP0IgXt81EAQGF7p6eUC7lzUi2UIsi9eaUTmow~4A5qpUhE7YG579WhgKsJvZSNSVFpuLvGFKnDM6NPVDKyWWV4xTO73v-DNDhDIm4K0g93xfLP1tmSrkh0zVcl2O2C~QdTp7sA~WMUFqcA4MMh0vblyhD4UOenWRkQo2Fnq5TrqNEKfADkoGSUvsjHMy5rTPpANqSC12NXohsX~pm4GwS3jD9JXFdj9f1NaRB65t0ugKP2RuLv5mr3lXKjOOVTUJF7ntmRegkeOMJQA8pU4QOH0MY2S8RY983pfgbP6XfactQQrt0onye4Ry6LGVkCyWiMbunn88XxD7gvwLyDzw__&Key-Pair-Id=KUT5TJCACFTXG","The Economic Development Partnership Board recommended that City Council consider a Chapter 380 incentive package for Mayday Manufacturing’s planned expansion in Denton.

Clay Parker, business recruitment specialist with the city, presented the company’s application and said Mayday — a long‑established local manufacturer — plans to add building footprint and equipment to increase capacity. Staff described a proposed $14.5 million expansion (approximately $9 million in building/structure improvements and $5.5 million in business personal property) that staff said would support about 50 new jobs, with salaries reported in the presentation ranging roughly from $45,000 to $65,000. Staff presented an incentive proposal of a 60% rebate on new ad valorem value for 10 years plus a $25,000 expansion grant, for a combined incentive package that staff summarized as not to exceed $577,944.

Parker and staff emphasized the company’s role in the aerospace supply chain and its history of prior expansions (board materials note a prior incentive in 2012 that expired in 2022). Board members praised the company’s local workforce support and community contributions, including scholarship and training programs mentioned during comment by a board member.

Board members suggested staff present both a full blended return that assumes all incentives are realized and an alternative return that shows the city’s position if one incentive component is not claimed, to give council a clearer view of risk. The board then voted by voice to recommend the incentive package to City Council for individual consideration in June.

Votes at a glance: EDP 25‑013 (Mayday Manufacturing) — board recommendation to City Council for a Chapter 380 incentive: 60% rebate on new ad valorem value for 10 years plus a $25,000 expansion grant; motion passed by voice vote.

If City Council approves, staff said the agreement would move to execution following council action.","The Economic Development Partnership Board recommended City Council consideration of a Chapter 380 incentive for Mayday Manufacturing to support a $14.5 million expansion that staff said would create about 50 new jobs; board members praised the company’s local workforce investments.","actionData","errors"]

Article not found

Economic Development board recommends Chapter 380 incentives for U.S. Cold Storage expansion in Denton

Staff reports highlight entrepreneurship hub expansion, active recruitment pipeline and infrastructure constraints

Economic Development Partnership Board elects chair and vice chair, approves minutes

Board backs Chapter 380 package for Mayday Manufacturing expansion, cites workforce and retention benefits