Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Reinvestment Zone No. 2 - Island Agenda status: Final
Meeting date/time: 4/18/2023 9:30 AM Minutes status: Draft  
Meeting location: Council Chambers
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
23-0683 12. PresentationTIRZ #2 Financial Reports as of February 28, 2023   Not available Video Video
23-0388 13. MotionMotion authorizing a Development Reimbursement Agreement with Ashlar Interests, LLC, located in the Tax Increment Reinvestment Zone No. 2 in an amount not to exceed $11,500,000 for public infrastructure improvements related to the Whitecap PID, a large-scale development in the Zone.   Not available Video Video
23-0668 14. MotionMotion recommending the amendment of the Tax Increment Reinvestment Zone #2 (TIRZ #2) Project and Financing Plan to include up to $17,849,990 for public infrastructure associated with the Lake Padre Development project.   Not available Video Video
23-0387 15. ResolutionDiscussion and possible action on amendments to the Project and Financing Plan for the Tax Increment Financing Zone #2 (TIRZ #2), including a recommendation to fix the amount of the City’s tax revenue contribution at 100% for the first five years, 75% for year 6, 5% decrease each year for years 7-10, and 50% for years 11-20 and recommending the addition of up to $150,950,000 in projects and programs that benefit the TIRZ. .   Not available Video Video
22-1278 16. ResolutionResolution approving the FY 2022-23 Tax Increment Reinvestment Zone Number Two Operating Budget.   Not available Video Video