Legislation Details

File #: 25-0120    Version: 1 Name:
Type: Motion Status: Passed
File created: 1/23/2025 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 2/11/2025 Final action: 2/11/2025
Title: Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with ZJZ Properties QOF, LLC for the property located at 715 N Mesquite Street, which amends the agreement to add $11,000 to the original reimbursement amount of $46,489, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - 1st Amendment to 715 N Mesquite Parking Lot, 2. TIRZ #3 Presentation - 1st Amendment to 715 N Mesquite Parking Lot, 3. TIRZ #3 Original Contract - ZJZ Properties - 715 Mesquite St, 4. TIRZ #3 1st Amendment - ZJZ Properties QOF LLC, 5. TIRZ #3 1st Amendment Letter for 715 N Mesquite Parking Lot

title

Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with ZJZ Properties QOF, LLC for the property located at 715 N Mesquite Street, which amends the agreement to add $11,000 to the original reimbursement amount of $46,489, effective upon signature by the City Manager or designee.