File #: 16-1163    Version: 1 Name:
Type: Resolution Status: To Be Introduced
File created: 9/21/2016 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/27/2016 Final action: 9/27/2016
Title: Downtown Development Agreement - Clock Tower Apartments Motion to approve a Downtown Development Reimbursement Agreement with CT Corpus 149, Ltd for improvements to the property located at 605 Furman Ave. for a total incentive amount not to exceed $1,870,000, which is comprised of incentives under the Downtown Living Initiative and a Project-Specific Development Agreement.
Attachments: 1. TIRZ Agenda Memo - Clock Tower Apartments, 2. TIRZ #3 Reimbursement Agreement Clock Tower Final FM EXECUTED

Title

Downtown Development Agreement - Clock Tower Apartments

 

Motion to approve a Downtown Development Reimbursement Agreement with CT Corpus 149, Ltd for improvements to the property located at 605 Furman Ave. for a total incentive amount not to exceed $1,870,000, which is comprised of incentives under the Downtown Living Initiative and a Project-Specific Development Agreement.