Amarillo City Councilmembers will consider signing off next week on designating the Northwest Texas Healthcare System as a qualified business.
According to an agenda from Amarillo.gov, the Amarillo City Council will consider voting to nominate NWTHS as a qualified business and enterprise project under the terms stipulated by Governor's Office on Economic Development and Tourism.
City officials say Northwest Texas Healthcare System plans to invest $50 million over the next five years in equipment purchases, infrastructure improvements, real property improvements, and augmentation of current departments.
The healthcare entity is requesting nomination through the City in order to be eligible for the Enterprise Project. Officials say if successful in obtaining the project approval, the district "would be eligible to receive state sales and use tax refunds on qualified expenditures with caps based on the level of capital investment made and jobs created/retained."
Also, during the meeting, Councilmembers will consider signing off on approving a radio frequency project for the Library system.
The City Council will meet at 1PM on Tuesday, May 28th in the Council Chambers of Amarillo City Hall (601 South Buchanan).
