An Irving City Council vote on Thursday could help determine whether 7-Eleven's headquarters will move from downtown Dallas to Irving.
According to the Dallas Morning News if the council approves more than $7 million in tax breaks then 7-Eleven will move to North Irving near the end of 2016.
The paper reports if the council votes for the move then the city will exempt 7-Eleven from various sales and property taxes. The amount of money would total to about $830,000.
DMN said many cities tried to lure 7-Eleven but Irving's City Hall and the Chamber of Commerce agreed on the best package of tax breaks.
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"It’s aggressive on the part of the city,” interim City Manager Steve McCullough said of the package. “The opportunity to attract a corporate headquarters of a nationally recognized firm is always a great opportunity.”
The DMN said 7-Eleven headquarters have been in Downtown Dallas for years but wish to leave their Dallas tower and build its own headquarters. According to the DMN, 7-Eleven promises to occupy at least 800 workers at the new headquarters with an annual average salary of about $100,000.
Irving will earn $10 million from the deal, according to city officials.