File #: 25-0624    Version: 1 Name:
Type: Motion Status: Passed
File created: 4/24/2025 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 5/13/2025 Final action: 5/13/2025
Title: Motion to approve a Downtown Development Agreement with Water Street Market, LLC for improvements to the property located at 320 A Lomax Street for a total incentive amount not to exceed $22,300, effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in FY 2026.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo- Water Street Oyster Bar Patio, 2. TIRZ #3 Presentation - Water Street Oyster Bar Patio, 3. TIRZ #3 Contract - Water Street Oyster Bar Patio

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Motion to approve a Downtown Development Agreement with Water Street Market, LLC for improvements to the property located at 320 A Lomax Street for a total incentive amount not to exceed $22,300, effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in FY 2026.