23-1469
| 1 | 2. | | Presentation | TIRZ #3 Financial Reports as July 31, 2023 | presented | |
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23-1537
| 1 | 3. | | E-Session Item | Executive session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues related to economic development agreement(s) involving a potential economic development agreement with Thirsty Corpus LLC and/or related entities regarding development of 1002 N Chaparral St. and pursuant to Texas Government Code § 551.087 to discuss or deliberate regarding commercial or financial information relating to some or all of the aforementioned matter(s) or entities that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations and/or financial or other incentives involving said business prospect. | discussed in executive session | |
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23-1536
| 1 | 4. | | E-Session Item | Executive session pursuant to Texas Government Code § 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues related to economic development agreement(s) involving a potential economic development agreement with C & P Monarch, LP and/or related entities regarding development of 1102 S Shoreline Blvd. and pursuant to Texas Government Code § 551.087 to discuss or deliberate regarding commercial or financial information relating to some or all of the aforementioned matter(s) or entities that the governmental body seeks to have locate, stay, or expand in or near the territory of the governmental body and with which the governmental body is conducting economic development negotiations and/or financial or other incentives involving said business prospect. | discussed in executive session | |
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23-1535
| 1 | 5. | | Resolution | Resolution approving the Tax Increment Reinvestment Zone #3 Amended Project & Financing Plan, which includes language regarding revitalization and cleaning of the Zone and the creation of a new Rooftop Activation incentive program. | approved | Pass |
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23-1534
| 1 | 6. | | Motion | Motion approving the Service Plan for Fiscal Year 2024 and authorizing renewal of the Interlocal Cooperation Agreement between Corpus Christi Tax Increment Reinvestment Zone #3 (TIRZ #3) and the Corpus Christi Downtown Management District (DMD) for one year to encourage the redevelopment of TIRZ #3 in the amount of $875,000 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 $975,000. | approved | Pass |
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23-1542
| 1 | 7. | | Resolution | Resolution authorizing an amendment to the FY 2023-24 Corpus Christi Tax Increment Reinvestment Zone #3 (TIRZ #3) budget, which increases expenditures by $1,944,727.00 for the increased funding for the Corpus Christi Downtown Management District's (DMD) interlocal agreement and one-time expenditures requested by the DMD outside of the interlocal agreement. | approved | Pass |
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23-1531
| 1 | 8. | | Motion | Motion authorizing a Downtown Development Reimbursement Agreement with C&P Monarch, LP for improvements to the property located at 1102 S Shoreline Boulevard for a total incentive amount not to exceed $2,000,000.00, subject to City Council approval of the Rooftop Activation Program as part of an amendment to the TIRZ #3 Project and Financing Plan. | approved | Pass |
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23-1532
| 1 | 9. | | Motion | Motion authorizing a Downtown Development Reimbursement Agreement with Thirsty Corpus, LLC for a development located at 1002 N. Chaparral Street for a total incentive amount not to exceed $718,500. | approved as amended | Pass |
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23-1533
| 1 | 10. | | Presentation | DMD Placemaking & Economic Development Project Updates | postponed | |
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