Tagged: local business

City council has approved a contract for WiFi to be installed at the Alamodome. Initially the city will spend $1.4 million from the Hotel Occupancy Tax to fund the project, but then the city says it will actually get money back from the events it attracts from out of state.

According to the city’s supporting documents from the April 11 City Council A session, the Texas Events Trust Fund legislation allows cities and counties to be reimbursed for expenses that attract high-tax impact events to Texas.

A bill that would make Texas the next state to possess a commercial rocket launch pad has been unanimously voted out of the Senate Economic Development Committee.

The bill, authored by Sen. Bob Deuell, R-Greenville, facilitates a way for space exploration companies to build and operate in Texas and provides matching funds as an incentive for these companies.

Elon Musk, the owner of Tesla Motors and creator of commercial space exploration company SpaceX, spoke at the capitol urging lawmakers to approve a set of bills that allow his car company to be able to sell their cars in Texas.

During his time at the capitol, the billionaire car maker also met with Gov. Rick Perry about the issue.

The Brooks Development Authority board voted to enter into contract negotiations for its next chief executive officer, but leaders are not ready to divulge his or her identity.

Manny Pelaez, chairman of the Brooks Development Authority, said the board interviewed 402 viable candidates out of the 6,000 applicants.

Last week the field of applicants for the next CEO of Brooks was narrowed to only five, and Wednesday the board chose one to take Brooks into the future.