Economic Development Agreement Payments
The table below lists the Chapter 380 Economic Development Agreement payments that have been made to date to each firm/project. All payments are withheld until compliance with the terms of the agreement has been verified. The next table contains compliance documents for each performance year.
See also Economic Development Agreements
|
Agreement |
Total Payments |
|---|---|
|
National Instruments |
$0 |
|
Visa |
$0 |
|
HID Global |
$0 |
|
Apple |
$0 |
|
US Farathane |
$0 |
|
Advisory Board Company |
$30,210.00 |
|
|
$0 |
|
LegalZoom |
$20,000.00 |
|
Hanger |
$150,000.00 |
|
HelioVolt |
$160,242.69 |
|
Friday Night Lights |
$157,254.48 |
|
Samsung 300mm Fabrication Plant |
$33,040,722.37 |
|
Hewlett Packard Data Center |
$206,634.58 |
|
Home Depot Austin Technology Center |
$409,961.00 |
|
ATDF |
$226,456.85 |
|
Domain Mixed-Use Project |
$7,724,178.89 |
Individual Grant Payments and Reports
Following City Council Resolution 20071206-049, the City began having compliance reviews of all economic development agreements verified by an independent party and making those independent reviews available to the public. The same resolution eliminated project-based incentives for large-scale mixed-use projects from the economic development program.
The table below lists individual grant payments, along with accompanying compliance documents and independent party reports in PDF format.
|
Individual Grant Payments and Reports |
||||
|
Agreement |
Payment |
Payment Date |
Compliance Report / Certificate |
Independent Party Compliance Report |
| Hanger Headquarters, Year 3 | $50,000.00 | 1/9/2014 | ||
| Advisory Board Company, Year 2 | $20,710.00 |
12/03/2013 |
||
| Samsung, Year 6 | $14,465,762.56 | 10/31/2013 | ||
| Home Depot, Year 4 | $0 | 12/10/2012 | ||
| Samsung, Year 5 | $7,187,543.01 | 10/30/2012 | ||
| Advisory Board Company, Year 1 | $9,500.00 | 10/29/2012 | ||
| Domain Mixed-Use Project, Year 5 | $2,020,960.73 | 10/29/2012 | ||
| Hanger Headquarters, Year 2 | $50,000. | 10/29/2012 | ||
| HelioVolt, Year 3 | $100,271.65 | 10/29/2012 | ||
|
Domain Mixed-Use Project, Year 4 |
$1,857,526.87 |
02/10/2012 |
||
|
Hangar Headquarters, Year 1 |
$50,000.00 |
01/18/2012 |
||
|
LegalZoom, Year 1 |
$20,000.00 |
01/3/2012 |
||
|
Friday Night Lights, Season 5 |
$31,572.29 |
12/20/2011 |
||
|
Samsung, Year 4 |
$4,103,068.17 |
11/28/2011 |
||
|
HelioVolt, Year 2 |
$36,716.35 |
11/14/2011 |
||
|
Domain Mixed-Use Project, Year 3 |
$1,535,201.31 |
04/19/2011 |
||
|
Friday Night Lights, Season 4 |
$37,138.08 |
01/25/2011 |
||
|
HelioVolt, Year 1 |
$23,254.69 |
01/12/2011 |
||
|
Samsung, Year 3* |
$4,986,019.23 |
11/16/2010 |
||
|
Hewlett-Packard, Year 2 |
$198,920.79 |
6/3/2010 |
||
|
Hewlett-Packard, Year 1 |
$7,713.79 |
6/3/2010 |
||
|
Friday Night Lights, Season 3 |
$48,544.11 |
4/12/2010 |
||
|
Friday Night Lights, Season 1 amended |
$40,000.00 |
3/11/2010 |
||
|
Samsung, Year 2* |
$2,253,552.00 |
12/29/2009 |
||
|
Domain Mixed-Use Project, Year 2 |
$1,432,420.00 |
11/19/2009 |
||
|
Domain Mixed-Use Project, Year 1 amended |
<$92,567.68> |
10/19/2009 |
Not applicable |
|
|
Friday Night Lights Season 2 |
$0 |
09/18/2009 |
||
|
Friday Night Lights Season 1 |
$0 |
09/18/2009 |
||
|
ATDF, Year 3 |
$79,280.03 |
03/11/2009 |
||
|
Home Depot Austin Technology Center, Year 3 |
$175,617.00 |
01/29/2009 |
||
|
Samsung, Year 1 * |
$44,777.40 |
11/19/2008 |
||
|
Domain Mixed-Use Project, Year 1 |
$970,637.66 |
10/30/2008 |
||
|
Home Depot Austin Technology Center, Year 2 |
$152,007.00 |
07/24/2008 |
||
|
ATDF, Year 2 |
$69,970.00 |
11/07/2007 |
||
|
Home Depot Austin Technology Center, Year 1 |
$82,337.00 |
10/16/2007 |
Not applicable - Prior to Council resolution |
|
|
ATDF, Year 1 |
$77,206.82 |
10/30/2006 |
Not applicable - Prior to Council resolution |
|
|
* This payment represents only the Chapter 380 grant. Samsung also received reimbursements for certain permit fees paid and water quality features installed in accordance with the agreement. |
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