File #: 22-1634    Version: 1 Name:
Type: Motion Status: Passed
File created: 9/15/2022 In control: Reinvestment Zone No. 3 - Downtown
On agenda: 9/20/2022 Final action: 9/20/2022
Title: Motion to approve a Service Plan for Fiscal Year 2023 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 $665,000 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 $765,000.
Attachments: 1. TIRZ Agenda Memo - DMD Interlocal FY 23 Service Plan, 2. DMD & TIRZ #3 Integrated FY 2023 Service Plan FINAL - for TIRZ, 3. TIRZ#3 Interlocal Cooperation Agreement, 4. Amendment No 1 DMD Interlocal (1), 5. TIRZ #3 Presentation - FY 23 Service Plan

Title

Motion to approve a Service Plan for Fiscal Year 2023 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 $665,000 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 $765,000.