File #: 23-1714    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 10/13/2023 In control: City Council
On agenda: 10/31/2023 Final action: 11/14/2023
Title: Ordinance approving the amended Tax Increment Reinvestment Zone #3 Project & Financing Plans, which includes language regarding revitalization and cleaning of the Zone and the creation of a new Rooftop Activation incentive program; appropriating $1,944,727.00 from the TIRZ #3 fund balance for additional program expenses recommended by the Downtown Management District; and amending the operating budget, all as approved by the Board of Directors of Reinvestment Zone Number Three, City of Corpus Christi, Texas on September 19, 2023
Sponsors: Economic Development
Attachments: 1. Agenda Memo- TIRZ #3 Project Plan and Budget Amendment, 2. Ordinance, 3. TIRZ #3 10th Amendment to Project and Financing Plan, 4. TIRZ #3 Powerpoint - 10th Amendment to Project and Financing Plan

title

Ordinance approving the amended Tax Increment Reinvestment Zone #3 Project & Financing Plans, which includes language regarding revitalization and cleaning of the Zone and the creation of a new Rooftop Activation incentive program; appropriating $1,944,727.00 from the TIRZ #3 fund balance for additional program expenses recommended by the Downtown Management District; and amending the operating budget, all as approved by the Board of Directors of Reinvestment Zone Number Three, City of Corpus Christi, Texas on September 19, 2023