The City of Austin process for the review of economic development proposals includes two City Council meetings as follows:
• (First Meeting) Placing the economic incentive proposal for HID Global on the City Council agenda as a time-certain agenda item with staff presentation, allowing for public comment.
• (Second Meeting) A public hearing and City Council action occurring at the next City Council meeting after the agenda item with staff presentation.

The process also includes providing economic development proposal information in advance of the two City Council meetings as follows:
• Making available to the public the economic incentive proposal, back-up materials, and all unrestricted information relevant to the proposal no later than the sixth day before the agenda item with staff presentation.
• Posting to the public the economic incentive proposal, back-up materials, and all unrestricted information relevant to the proposal on the Economic Growth and Redevelopment Services Office website, in a manner that allows the public to provide written comment. The written comments will be collected and reviewed by staff and provided to City Council in a timely manner.

PUBLIC COMMENT PERIOD

The Economic Growth and Redevelopment Services Office will have a public comment period commencing September 5, 2012 regarding an economic development proposal between the City of Austin and HID Global. The public comment period will commence at 12:00 p.m. on Wednesday, September 5, 2012 and end at 5:00 p.m. on Sunday, September 23, 2012. All written comments will be provided to City Council on Monday, September 24, 2012.  

ECONOMIC DEVELOPMENT PROPOSAL INFORMATION

Please review details on the economic development proposal between the City of Austin and HID Global:

1. Business Information Form – HID Global

2. Matrix Score – HID Global

3. Proposed Economic Development Agreement – HID Global

4. WebLOCI Summary Report – HID Global

5. Economic Development Proposal Summary – HID Global

STAFF PRESENTATION (FIRST MEETING)

The City of Austin will hold a specially-called City Council meeting at which time staff will provide a briefing on the HID Global economic development proposal.
• Wednesday, September 12, 2012 at 1:30 p.m. at Austin City Hall, City Council Chambers, 301 W. Second Street.

PUBLIC HEARING AND CITY COUNCIL ACTION (SECOND MEETING)

The City of Austin will hold a regularly scheduled City Council meeting at which time a public hearing will be held to receive public comments on the proposed economic development proposal. All interested parties are invited to attend the hearing. The City Council will also take action at this meeting. The regularly scheduled City Council meeting and public hearing will be held:
• Thursday, September 27, 2012 at Austin City Hall, City Council Chambers, 301 W. Second Street.