Overview: In a recent Port Richey City Council meeting, the council’s main focus was a proposed $138 million development project involving two significant properties, referred to as the 19 property and Gildog. This development is anticipated to generate substantial tax revenue, potentially increasing annual returns from $50,000 to about $868,000. With no current framework to guide such incentives, the discussion highlighted the necessity of establishing formal criteria to ensure that the city can effectively attract and support large-scale investments while safeguarding its interests and resources.