File #: 25-1983    Version: 1 Name:
Type: Ordinance Status: To Be Introduced
File created: 12/18/2025 In control: City Council
On agenda: 1/13/2026 Final action:
Title: Ordinance approving an amendment to the Tax Increment Reinvestment Zone No. 2 (“TIRZ #2”) Operating Budget by authorizing the transfer of $2,100,166.00, from CIP reserve to the TIRZ #2 Operating Fund for the Briscoe King Pavilion Project; increasing funds in the amount of $2,100,166.00, for needed improvements and renovation to the Briscoe King Pavilion Project; appropriating $2,100,166.00, from the unreserved fund balance of the Reinvestment Zone No. 2 Fund; and amending the FY 2026 operating budget adopted by Ordinance No. 033730 by increasing expenditures by $2,100,166.00, for payment to Nueces County for the Briscoe King Pavilion Project.
Sponsors: Planning and Economic Development Department
Attachments: 1. 25-1983 Agenda Memo - Briscoe King, 2. 25-1983 - Ordinance- Briscoe King Pavillion, 3. Presentation- Briscoe King, 4. 25-1983 - Capital Fund By Project Report, 5. Certificate of Funds
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Ordinance approving an amendment to the Tax Increment Reinvestment Zone No. 2 (“TIRZ #2”) Operating Budget by authorizing the transfer of $2,100,166.00, from CIP reserve to the TIRZ #2 Operating Fund for the Briscoe King Pavilion Project; increasing funds in the amount of $2,100,166.00, for needed improvements and renovation to the Briscoe King Pavilion Project; appropriating $2,100,166.00, from the unreserved fund balance of the Reinvestment Zone No. 2 Fund; and amending the FY 2026 operating budget adopted by Ordinance No. 033730 by increasing expenditures by $2,100,166.00, for payment to Nueces County for the Briscoe King Pavilion Project.