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The Sugar Land Development Corporation approved a $1,000,000 performance-based incentive for Hope Biosciences, LLC, by a 5-2 vote.
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The incentive was approved as part of the corporation’s business development efforts. The minutes do not provide the performance conditions or payment schedule, so the specific requirements for receiving the funds are unavailable. The board also discussed a proposed Office Readiness Program but took no recorded action on it.
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