File #: 19-0996    Version: Name:
Type: Public Hearing / First Reading Status: Passed
File created: 7/12/2019 In control: City Council
On agenda: 10/29/2019 Final action: 11/12/2019
Title: Ordinance pertaining to North Beach designating a 1,423 acre area within the jurisdiction of the City of Corpus Christi Tax Increment Reinvestment Zone (TIRZ) Number 4; setting a maximum City financial participation of $20,000,000 via a scaled contribution for a period not to exceed 20 years; establishing a Board of Directors for the TIRZ; and, establishing a preliminary Project and Financing Plan.
Sponsors: Business Liaison
Attachments: 1. Agenda Memo - TIRZ 4 for 10_29_2019, 2. Ordinance - TIRZ #4 Creation Ordinance for 11.12.2019 Council Meeting Rv1

Title

Ordinance pertaining to North Beach designating a 1,423 acre area within the jurisdiction of the City of Corpus Christi Tax Increment Reinvestment Zone (TIRZ) Number 4; setting a maximum City financial participation of $20,000,000 via a scaled contribution for a period not to exceed 20 years; establishing a Board of Directors for the TIRZ; and, establishing a preliminary Project and Financing Plan.