OTHERAPPROVED

Major Amphitheater Incentive Agreement With Notes Live Approved

City Council approved a Chapter 380 Economic Development Program Agreement with Notes Live, Inc. to support construction of a 12,500-seat amphitheater in Northeast El Paso, offering up to $30,900,208 in tax rebates, fee waivers, an 8-year development note, and land conveyance contingent on at least $80 million in project expenditures and a minimum of 40 national touring events annually.

Document date · July 2, 2024

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$30,900,208.00 in incentives over the term; Applicant must expend at least $80,000,000 in Qualified Expenditures
Contract type
OTHER
Renewal
Agreement includes an 8-year development note backed by the Texas Economic Development Fund; term and renewal specifics are governed by the agreement and related Purchase and Sale Agreement.
Document type
Minutes
Source document
Regular City Council Meeting Minutes

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of El Paso?

Notes Live Inc was awarded this government contract by City of El Paso, as recorded on July 2, 2024. The contract value is $30,900,208.00 in incentives over the term; Applicant must expend at least $80,000,000 in Qualified Expenditures.

How much is the Notes Live Inc contract with City of El Paso worth?

The Notes Live Inc contract with City of El Paso is valued at $30,900,208.00 in incentives over the term; Applicant must expend at least $80,000,000 in Qualified Expenditures.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Regular City Council Meeting Minutes (Minutes), dated July 2, 2024 from City of El Paso. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Notes Live Inc hold?

Notes Live Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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