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25-0691
| 1 | 2. | | Presentation | TIRZ #3 Financial Reports as of March 31, 2025 | | |
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25-0322
| 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 YC Texas Hotel, LLC and/or related entities regarding development of 601 N Water Street., and pursuant to Texas Government Code § 551.087 to discuss and 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. | | |
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25-0360
| 1 | 4. | | Motion | Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with YC Texas Hotel, LLC for the property located at 601 N Water Street, to change project name and hotel brand from Hotel Arya to Hilton Spark and a project extension from May 30, 2025 to December 31, 2026, effective upon signature by the City Manager or designee. | | |
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25-0624
| 1 | 5. | | Motion | Motion to approve a Downtown Development Agreement with Water Street Market, LLC for improvements to the property located at 320 A Lomax Street for a total incentive amount not to exceed $22,300, effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in FY 2026. | | |
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25-0625
| 1 | 6. | | Motion | Motion to approve a Downtown Development Agreement with Heritage Outfitters Inc. for improvements to the property located at 601 N Water Street for a total incentive amount not to exceed $68,329, effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in FY 2026. | | |
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25-0626
| 1 | 7. | | Motion | Motion to approve a Downtown Development Agreement with Loli’s Streatery, LLC for improvements to the property located at 601 N Water Street for a total incentive amount not to exceed $32,424, effective upon signature by the City Manager or designee from the TIRZ #3 Streetscape and Safety Improvement Program to be paid out in FY 2026. | | |
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25-0627
| 1 | 8. | | Motion | Motion to approve a Downtown Development Agreement with Fosters Dynamic Design, LLC for improvements to the property located at 605 Mesquite Street for a total incentive amount not to exceed $523,534, effective upon signature by the City Manager or designee from the TIRZ #3 Targeted Vacant Property Improvement Program and Streetscape and Safety Improvement Program to be paid out in FY 2026. | | |
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25-0629
| 1 | 9. | | Motion | Motion authorizing the Police Department Headquarters (PDHQ) Lighting Project Concept Study in the amount of $36,280, PDHQ Lighting Project Design Assessment in the amount of $84,072, and Off-Duty Police Department Patrol in the amount of $60,000 for a total amount not to exceed $180,352, and reallocating $180,352 from the Tax Increment Reinvestment Zone #3 fund and amending the FY 2025 budget. | | |
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25-0723
| 1 | 10. | | Presentation | Presentation on The Economic Impact of Artwalk 2024 | | |
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25-0728
| 1 | 11. | | Presentation | Presentation and discussion on the Proposed FY 2025-2026 Tax Increment Reinvestment Zone (TIRZ) #3 Budget | | |
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