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24-1884
| 1 | 1. | | Minutes | Approval of the September 17, 2024 Reinvestment Zone No. 3 Regular Meeting Minutes | | |
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24-1886
| 1 | 2. | | Presentation | TIRZ #3 Financial Reports as of September 30, 2024 | | |
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24-1813
| 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 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. | | |
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24-1814
| 1 | 4. | | Motion | Motion to approve a Downtown Development 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 $5,000,000, effective upon signature by the City Manager or designee. | | |
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24-1796
| 1 | 5. | | Motion | Motion to approve a Downtown Development Agreement with Furman Foundry, LLC for improvements to the property located at 418 Peoples Street for a total incentive amount not to exceed $8,975, effective upon signature by the City Manager or designee. | | |
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24-1798
| 1 | 6. | | Motion | Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Thirsty Corpus LLC for the property located at 1002 N Chaparral Street, which provides the developer with an extension for the completion date from December 30, 2024, to June 30, 2026, effective upon signature by the City Manager or designee. | | |
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24-1799
| 1 | 7. | | Motion | Motion to approve a 2nd amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Buccaneer Commission, Inc. for the property located at 1415 N Water Street, which amends the payout schedule, effective upon signature by the City Manager or designee. | | |
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