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24-1114
| 1 | 2. | | Presentation | TIRZ #3 Financial Reports as of May 31, 2024 | presented | |
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24-1181
| 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. | discussed in executive session | |
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24-1182
| 1 | 4. | | Motion | Motion to approve a Downtown Development Agreement with ZJZ Properties QOF, LLC for improvements to the property located at 715 N Mesquite Street for a total incentive amount not to exceed $46,489, effective upon signature by the City Manager or designee. | approved | Pass |
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24-1183
| 1 | 5. | | Motion | Motion to approve a Downtown Development Agreement with YC Texas Hotel, LLC for improvements to the property located at 601 N Water Street for a total incentive amount not to exceed $20,000, effective upon signature by the City Manager or designee. | approved | Pass |
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24-1184
| 1 | 6. | | Motion | Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Furman Foundry, LLC for the property located at 418 Peoples Street, which provides the developer with an extension for the completion date from July 31, 2024, to January 31, 2025, effective upon signature by the City Manager or designee. | approved | Pass |
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24-1185
| 1 | 7. | | Motion | Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with 500 Shoreline, LLC for the property located at 500 N Shoreline Boulevard, which provides the developer with an extension for the completion date from September 30, 2024 to March 31, 2025, effective upon signature by the City Manager or designee. | approved | Pass |
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