File #: 20-0261    Version: 1 Name:
Type: Ordinance Status: Passed
File created: 2/11/2020 In control: City Council
On agenda: 3/17/2020 Final action: 3/24/2020
Title: Ordinance amending Ordinance No. 031927, which created Reinvestment Zone Number Four, City of Corpus Christi, Texas, covering North Beach, to correct the Tax Increment Base for the Zone by replacing Exhibit D; and approving the amendments to the Tax Increment Reinvestment Zone #4 Amended Project & Financing Plan approved by the Board of Directors of Reinvestment Zone Number Four, Corpus Christi, Texas, regarding participation of Del Mar College in the amount of approximately $9.3 million over 20 years, and other matters relating thereto.
Sponsors: Business Liaison
Attachments: 1. Agenda Memo - Combined Ordiance 03_17_2020 rv1, 2. Ordinance - Amending TIRZ 4 creation ordinance and project plan amendment

Title

Ordinance amending Ordinance No. 031927, which created Reinvestment Zone Number Four, City of Corpus Christi, Texas, covering North Beach, to correct the Tax Increment Base for the Zone by replacing Exhibit D; and approving the amendments to the Tax Increment Reinvestment Zone #4 Amended Project & Financing Plan approved by the Board of Directors of Reinvestment Zone Number Four, Corpus Christi, Texas, regarding participation of Del Mar College in the amount of approximately $9.3 million over 20 years, and other matters relating thereto.