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CITY COUNCIL AGENDA MEMO |
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| | | | | | | | | MEETING DATE: | 6/8/2026 | | DEPARTMENT: | Eco Dev | | DIRECTOR: | Doug McDonald, Director of Economic Development | | AGENDA ITEM: | Letter of Intent with Dallas Sports & Entertainment LP | | RECOMMENDED ACTION: | Items for Individual Consideration |
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| | | | | | | | ITEM SUMMARY Consideration to approve a non-binding Letter of Intent between the City of Plano, Texas, and Dallas Sports & Entertainment LP, a Delaware limited partnership; and authorizing the City Manager, or his authorized designee, to execute such Letter of Intent. |
| | | | | | | | BACKGROUND This agenda item represents a request to approve a non-binding Letter of Intent between the City of Plano, Texas, and Dallas Sports & Entertainment LP, a Delaware limited partnership, conditioned on the terms as set forth in the attached Letter of Intent agreement regarding a proposed new indoor sports and entertainment arena complex in Plano, Texas. |
| | | | | | | | FINANCIAL SUMMARY/STRATEGIC GOALS This item has no immediate financial impact.
Approval of this Letter of Intent supports the City’s Strategic Plan Critical Success Factor of Residential and Commercial Economic Vitality. |
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