Legislation Details

File #: 24-0139    Version: 1 Name:
Type: Motion Status: Passed
File created: 1/18/2024 In control: Reinvestment Zone No. 2 - Island
On agenda: 1/23/2024 Final action: 1/23/2024
Title: Motion authorizing an amendment to the TIRZ #2 Development Reimbursement Agreement with Ashlar Interests, LLC, for the Whitecap development, which increases the reimbursement by an amount not to exceed $14,000,000 for additional public improvements projects related to the large-scale development in the Zone, with a total reimbursement amount not to exceed $25,500,000.
Attachments: 1. Agenda Memo- Amendment to Development Reinbursement Agreement, 2. Corpus Christi TIRZ _2 - Amended and Restated TIRZ Development Reimbursement Agr Final, 3. Presentation- Whitecap Additional Project

title

Motion authorizing an amendment to the TIRZ #2 Development Reimbursement Agreement with Ashlar Interests, LLC, for the Whitecap development, which increases the reimbursement by an amount not to exceed $14,000,000 for additional public improvements projects related to the large-scale development in the Zone, with a total reimbursement amount not to exceed $25,500,000.