File #: 23-1060    Version: 1 Name:
Type: Motion Status: Passed
File created: 6/16/2023 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 6/27/2023 Final action: 6/27/2023
Title: Motion to authorize a downtown reimbursement agreement with Elevate QOF LLC, for the project located at 301, 305, 309, 315 N Chapparal Street and 302, 310, 314 Mesquite Street, under the Project Specific Development Agreement program for a total incentive amount not to exceed $1,550,000.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo - Homewood Suites, 2. TIRZ #3 Reimbursement Agreement - Homewood Suites, 3. TIRZ #3 Presentation - Homewood Suites

Title

Motion to authorize a downtown reimbursement agreement with Elevate QOF LLC, for the project located at 301, 305, 309, 315 N Chapparal Street and 302, 310, 314 Mesquite Street, under the Project Specific Development Agreement program for a total incentive amount not to exceed $1,550,000.