File #: 20-1181    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/17/2020 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/30/2020 Final action: 9/30/2020
Title: Motion to approve a Service Plan for Fiscal Year 2021 and renew the Interlocal Cooperation Agreement between Corpus Christi Tax Increment Reinvestment Zone #3 (TIRZ #3) and the Corpus Christi Downtown Management District (DMD) to encourage the redevelopment of TIRZ #3 in the amount of $510,000 for program and incentive administration, $50,000 for downtown park maintenance activities and $50,000 for downtown right-of-way maintenance activities for a total contracted amount of $610,000 for FY2021.
Sponsors: Finance & Procurement
Attachments: 1. TIRZ #3 and DMD Interlocal Cooperation Agreement FY 2021 Integrated Service Plan, 2. FY 2021 Integrated DMD and TIRZ #3 Service Plan - FINAL, 3. Powerpoint - FY 21 TIRZ #3 and DMD Integrated Service Plan

Title

Motion to approve a Service Plan for Fiscal Year 2021 and renew the Interlocal Cooperation Agreement between Corpus Christi Tax Increment Reinvestment Zone #3 (TIRZ #3) and the Corpus Christi Downtown Management District (DMD) to encourage the redevelopment of TIRZ #3 in the amount of $510,000 for program and incentive administration, $50,000 for downtown park maintenance activities and $50,000 for downtown right-of-way maintenance activities for a total contracted amount of  $610,000 for FY2021.