Legislation Details

File #: 20-9706    Version: 1 Name: Memorandum of Understanding, EpicCentral to Chicken N Pickle
Type: Agenda Item Status: Consent Agenda
File created: 1/15/2020 In control: Economic Development
On agenda: 1/21/2020 Final action: 1/21/2020
Title: Non-binding Memorandum of Understanding to lease acreage fronting EpicCentral to Chicken N Pickle.

From

Marty Wieder, Economic Development Director

 

Title

Non-binding Memorandum of Understanding to lease acreage fronting EpicCentral to Chicken N Pickle.

 

Presenter

Marty Wieder, Director of Economic Development

 

Recommended Action

Approve

 

Analysis

As an incentive to develop a quality restaurant with pickleball courts and other amenities, Grand Prairie has negotiated a land lease-and pledged to provide 300 parking spaces adjacent to where Chicken N Pickle will develop its facility.

 

Chicken N Pickle estimates that the City of Grand Prairie will realize an estimated $100,000 per year in additional General Fund sales tax revenues upon the opening and operation of the restaurant.