Legislation Details

File #: 24-0721    Version: 1 Name:
Type: Motion Status: Passed
File created: 5/2/2024 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 5/21/2024 Final action: 5/21/2024
Title: Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with 611 Commerce Venue Hall for the property located at 605 Mesquite Street, which provides the developer with an extension for the completion date from June 30, 2024 to June 30, 2025, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - 1st Amendment to 605 Elite, 2. TIRZ #3 Presentation - 1st Amendment to 605 Elite, 3. 605 Elite - Amendment No 1, 4. Letter Requesting Extension - 1st Amendment to 605 Elite

title

Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with 611 Commerce Venue Hall for the property located at 605 Mesquite Street, which provides the developer with an extension for the completion date from June 30, 2024 to June 30, 2025, effective upon signature by the City Manager or designee.