File #: 24-1798    Version: 1 Name:
Type: Motion Status: Passed
File created: 10/30/2024 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 11/19/2024 Final action: 11/19/2024
Title: Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Thirsty Corpus LLC for the property located at 1002 N Chaparral Street, which provides the developer with an extension for the completion date from December 30, 2024, to June 30, 2026, effective upon signature by the City Manager or designee.
Sponsors: Downtown Management District
Attachments: 1. TIRZ #3 Agenda Memo- 1st Amendment to Thirsty, 2. TIRZ #3 Presentation - 1st Amendment to Thirsty, 3. TIRZ #3 Thirsty Corpus LLC - Extenstion Letter, 4. TIRZ #3 Thirsty Corpus LLC - Amendment No 1

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Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Thirsty Corpus LLC for the property located at 1002 N Chaparral Street, which provides the developer with an extension for the completion date from December 30, 2024, to June 30, 2026, effective upon signature by the City Manager or designee.