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File #: 18-284    Name:
Type: Resolution Status: Consent Item Ready
File created: 5/8/2018 In control: City Council
On agenda: 5/14/2018 Final action:
Title: Approval of a resolution nominating TaskUs Inc. for designation as an Enterprise Zone Project under the State of Texas Enterprise Zone Program.
Attachments: 1. Enterprise Zone Program Overview, 2. TaskUs Nominating Resolution
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Presenter/Contact

Presenter

Victor Garza, Economic Development Manager

Contact Info

(830) 221-4621 - vgarza@nbtexas.org

 

Subject Header

SUBJECT:

Title

Approval of a resolution nominating TaskUs Inc. for designation as an Enterprise Zone Project under the State of Texas Enterprise Zone Program.

 

Body

BACKGROUND / RATIONALE:

TaskUs Inc. is business process and customer support service provider. Under contract, they handle customer care for many startups and leading companies in the tech industry. TaskUs is in the process of rehabilitating space in the Heritage Business Center to bring at least 450 employees to the New Braunfels community.

 

They are expected to spend over $10 million dollars in improvements and equipment for their facility.

 

TaskUs wishes to submit an application to the State of Texas for designation as an enterprise project.  The City has previously nominated Cemex for this designation in 2017. 

 

Officials from Cemex and their consulting firm spearheading this nomination will be in attendance at the City Council meeting on Monday to answer questions.

 

ADDRESSES A NEED/ISSUE IN A CITY PLAN OR COUNCIL PRIORITY:

X

 

Economic Development Strategic Plan

a “welcome-mat” strategy for assisting targets with rapid expansion and likely domestic or international recruitment.

 

 

FISCAL IMPACT:

N/A

Recommendation

COMMITTEE RECOMMENDATION:

N/A

STAFF RECOMMENDATION:

Staff recommends approval of the resolution nominating TaskUs Inc. for designation as an Enterprise Zone Project under the State of Texas Enterprise Zone Program.