File #: 18-0601    Version: 1 Name:
Type: Motion Status: Passed
File created: 5/8/2018 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 5/15/2018 Final action: 5/15/2018
Title: Downtown Development Agreement - Le Meridien Hotel (Old Nueces County Courthouse) Motion to approve a Downtown Development Reimbursement Agreement with Nueces County Courthouse Development Partners, L.L.C., for improvements to the Old Nueces County Courthouse located on the 1100 block of North Mesquite Street, for a total incentive amount not to exceed $1,000,000, which is comprised of incentives under the Project Specific Development Agreement program.
Sponsors: Downtown Management District
Attachments: 1. TIRZ Agenda Memo - Le Meridien, 2. TIRZ #3 Agreement - Le Meridien

Title

Downtown Development Agreement - Le Meridien Hotel (Old Nueces County Courthouse)

 

Motion to approve a Downtown Development Reimbursement Agreement with Nueces County Courthouse Development Partners, L.L.C., for improvements to the Old Nueces County Courthouse located on the 1100 block of North Mesquite Street, for a total incentive amount not to exceed $1,000,000, which is comprised of incentives under the Project Specific Development Agreement program.