City of El Paso Council Meeting Agenda April 2026
Eaton 380 Incentive Agreement Amended for 2025 Valuation
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Description
The City of El Paso will amend its Chapter 380 Economic Development Program Agreement with Eaton Corporation. The first amendment updates the grant amount, minimum appraisal value, and property tax rebate terms to reflect the 2025 tax valuation of the project.
Contract Details
Vendor
EATON CORPORATION
Agency
El Paso International Airport Advisory Board, TX
Contract Type
FINANCIAL_SERVICES
Document Date
April 25, 2026
Renewal Info
Amendment adjusts financial terms of the existing Chapter 380 agreement; underlying agreement term remains in place.
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