Posting Language
Title
Approve a resolution nominating St. David’s Healthcare Partnership, L.P., LLP (St. David’s), located at 919 East 32nd Street, for designation by the Governor’s Office of Economic Development and Tourism as a single Texas Enterprise Project, in accordance with Texas Government Code Chapter 2303.
De
Lead Department
Economic Development.
Fiscal Note
This has no fiscal impact.
Prior Council Action:
October 18, 2007 - Council approved Ordinance No. 20071018-008, electing to participate in the Texas Enterprise Zone Program.
November 4, 2010 - Council approved Ordinance No. 20101104-046, amending its program identifying additional local incentives for the Texas Enterprise Zone Program.
November 14, 2019 - Council approved Ordinance No. 20191114-068, amending its program identifying additional local incentives for the Texas Enterprise Zone Program.
March 4, 2021 - Council approved Ordinance No. 20210304-079, amending its program identifying additional local incentives for the Texas Enterprise Zone Program.
For More Information:
Sylnovia Holt-Rabb, Director, Economic Development Department, 512-974-3131; Haileigh Meyers, Program Manager II, 512-974-2254.
Additional Backup Information:
St. David’s Healthcare Partnership, L.P., LLP (St. David’s) provides healthcare services to patients of all ages with a wide variety of medical conditions. The hospital system employes 10,750 people across the US, of which over 2,100 employees are located at the Enterprise Zone facility located on East 32nd Street. Over the next five years, St. David’s anticipates job retention, creation and investment noted below. The investment will allow St. David’s to invest over eight million dollars in the women and children’s services department for renovation and upgrading of their current facilities. St. David’s expects to retain existing jobs and create new full-time jobs for benefit under the Enterprise Zone Program. St. David’s will be seeking benefit for creating 10 full-time positions and retaining 490 full-time positions.
The State Enterprise Zone designation would not include any additional incentive from the City of Austin. Although the City is required to nominate a company, the state is ultimately responsible for the designation. If designated by the state, St. David’s will be eligible for a refund of state sales and use taxes.
This item requests the City’s support of a Texas Enterprise Zone Single Designation. St. David’s seeks to submit its Texas Enterprise Zone Application to the Office of the Texas Governor for the September 3, 2024 application round.