Chapter 380 Economic Development Agreements
Under Chapter 380 of the Texas Local Government Code, the City of Killeen may negotiate individualized economic development agreements that align public incentives with verified private investment and job creation. Each agreement is performance-based, Council-approved, and structured to ensure measurable economic return and long-term community benefit.
Municipality Agreements
Chapter 380 of the Texas Local Government Code authorizes the City of Killeen to establish economic development programs and provide performance-based incentives to businesses that create jobs and generate new investment within the city limits. Under this authority, Killeen may enter into a “380 Agreement” to provide grants or reimbursements derived from eligible city revenues — including a portion of the City’s 1.5% local sales and use tax — to support projects that expand the local tax base and strengthen the community’s economic competitiveness.
380 Agreements in Killeen are structured as contractual, performance-driven tools. Incentives are typically tied to measurable outcomes such as:
Creation and retention of primary jobs
Wage thresholds aligned with regional workforce standards
Capital investment in real and personal property
Long-term operational commitments within the city
Strategic alignment with Killeen’s target industry sectors
All agreements require City Council approval and are evaluated on a case-by-case basis to ensure a demonstrable public benefit, fiscal responsibility, and compliance with state law.