Application for Economic Development Incentives
An applicant for financial incentives from the City of Colleyville will provide a letter and supporting documentation containing the following information and addressed to:
City of Colleyville
Economic Development Manager
100 Main Street
Colleyville, Texas 76034
REQUIRED INFORMATION:
- Property Owner
- Mailing Address
- Telephone Number
- Property Owner's Representative
- Representative’s e-mail address
- Mailing Address
- Property Address
- Property Legal Description (Provide attachment if by metes and bounds)
- Located Within:
Grapevine-Colleyville ISD
Carroll lSD
Keller ISD
HEB ISD - Description of the project.
- Date projected for occupation of project/initiation of operations.
- Narrative response to criteria in Section 2 of the City of Colleyville Economic Development Incentive Policy:
Employment Impact - Total number of full time equivalent jobs brought to Colleyville;
- Types of jobs created
- Total annual payroll
Fiscal Impact - Total real and personal property value to be added to the tax rolls
- Anticipated direct sales tax generated at one percent (1%) of taxable sales
- Other revenues generated for the city: franchise payments, occupancy taxes, utility revenues, etc
- City infrastructure construction required
- Projected total annual operating budget of the facility
Community Impact - The expected effect the project have on the local housing market
- The expected environmental impact, if any, created by the project
- The compatibility of the project with the City's comprehensive plan
Competitive Impact - The effect the project would have on existing businesses in Colleyville
- A list of the types of products or services to be sold by the applicant which are currently sold by existing Colleyville merchants
- A list of specific businesses seen as direct competitors to the applicant