Title
Consider a resolution authorizing the Mayor to execute a Chapter 380 Economic Development Program Agreement with Phlur, Inc.
Body
This agenda item is to consider an Economic Development Program Agreement between the City of Round Rock, Texas, and Phlur, Inc.
The Agreement requires Phlur, Inc. to lease a facility in the City, expend at least $2,000,000 in improvements to the Facility, invest at least $650,000 in business personal property, and create at least 35 new jobs within 5 years.