File #: 25-0659    Version: 1 Name:
Type: Motion Status: Passed
File created: 4/30/2025 In control: Reinvestment Zone No. 4 - North Beach
On agenda: 5/6/2025 Final action: 5/6/2025
Title: Motion to approve a Development Reimbursement Agreement with South Texas Hospitality LTD for exterior and interior improvements to the hotel located at 3200 E. Surfside Blvd., benefiting the TIRZ #4 zone, in an amount not to exceed $398,970, with a project completion date on or before December 31, 2026.
Attachments: 1. Agenda Memo- DoubleTree, 2. DoubleTree Presentation, 3. SIGNED Legal Approved 5.1.25 DoubleTree Agreement TIRZ No. 4 JE

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Motion to approve a Development Reimbursement Agreement with South Texas Hospitality LTD for exterior and interior improvements to the hotel located at 3200 E. Surfside Blvd., benefiting the TIRZ #4 zone, in an amount not to exceed $398,970, with a project completion date on or before December 31, 2026.