File #: 23-1531    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/8/2023 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/19/2023 Final action: 9/19/2023
Title: Motion authorizing a Downtown Development Reimbursement Agreement with C&P Monarch, LP for improvements to the property located at 1102 S Shoreline Boulevard for a total incentive amount not to exceed $2,000,000.00, subject to City Council approval of the Rooftop Activation Program as part of an amendment to the TIRZ #3 Project and Financing Plan.
Attachments: 1. TIRZ #3 Agenda Memo - Holiday Inn Express, 2. TIRZ #3 Presentation - Holiday Inn Express, 3. TIRZ #3 Exhibit - Holiday Inn Express, 4. TIRZ #3 Reimbursement Agreement - Holiday Inn Express Emerald Beach Draft

Title

Motion authorizing a Downtown Development Reimbursement Agreement with C&P Monarch, LP for improvements to the property located at 1102 S Shoreline Boulevard for a total incentive amount not to exceed $2,000,000.00, subject to City Council approval of the Rooftop Activation Program as part of an amendment to the TIRZ #3 Project and Financing Plan.