The City Council voted Aug. 5 to approve Resolution R2025‑145 authorizing the city manager to negotiate and execute an economic development incentive agreement with Monotronics International Inc. and BH Security LLC (commonly referred to as Brink’s/Monotronics) to help retain the company’s operations in Farmers Branch.

City Manager Ben Williamson told the council the principal economic term is a sales‑tax rebate: "50 of the sales tax that they generate is then reimbursed on a quarterly basis for the foreseeable future," he said, describing the city’s intent to capture and share in the company’s economic success while keeping its operations local. Williamson said the agreement’s core deal points are established and that legal staff from both sides were finalizing minor language edits; the motion approved by council added explicit authority for the city manager to negotiate and execute the final agreement.

Williamson characterized the item as the culmination of months of work to keep the company in Farmers Branch and said the revised approval would allow staff to finalize the agreement without returning to council for limited technical edits. Council members praised staff and the company representatives; Councilman Rowland and others thanked the economic development team for preserving the business’s presence.

The council motion passed unanimously. The resolution authorizes the city manager to execute the incentive agreement subject to final legal review and minor clarifications by counsel.

Why it matters: The agreement aims to retain an employer that has operated in Farmers Branch for more than a decade and to preserve associated sales‑tax revenue and local jobs by offering a structured rebate tied to the company’s sales tax generation.

Details and next steps: Staff will finalize agreement language with company counsel, then execute the contract under the authorization granted by the resolution. The arrangement, as described in the hearing, will reimburse 50% of the sales‑tax revenue generated by the company on a quarterly basis for the term defined in the final contract; the council approved authority to negotiate that term and complete the agreement.

All attributions are drawn from the Aug. 5 council meeting transcript.