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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. 3 - Downtown Agenda status: Final
Meeting date/time: 11/28/2023 9:30 AM Minutes status: Draft  
Meeting location: Corpus Christi Regional Transportation Authority, 602 N. Staples St., 2nd Floor Board Room (Rm. 210)
Published agenda: Agenda Agenda Published minutes: Not available  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
23-1823 12. PresentationTIRZ #3 Financial Reports as September 30, 2023   Not available Video Video
23-1896 13. E-Session ItemExecutive session pursuant to Texas Government Code ยง 551.071 and Texas Disciplinary Rules of Professional Conduct Rule 1.05 to consult with attorneys concerning legal issues regarding economic development agreement(s) involving Agnes Water LLC and/or other entities involved with a development at or near 401 Water Street in the downtown area.   Not available Not available
23-1784 14. MotionMotion to approve a Downtown Development Reimbursement Agreement with 101 Shoreline, LTD for improvements to the property located at 101 N Shoreline Boulevard for a total incentive amount not to exceed $21,827.   Not available Video Video
23-1786 15. MotionMotion to approve a Downtown Development Agreement with 500 Shoreline, LLC for improvements to the property located at 500 N Shoreline Boulevard for a total incentive amount not to exceed $162,446.   Not available Video Video
23-1788 16. MotionMotion to approve an amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with OK HI-FI, LLC for improvements to the properties located at 415 D Peoples Street and 424 Schatzel Street for Phase Two incentive amount not to exceed $68,075, effective upon signature by the City Manager or designee.   Not available Video Video
23-1785 17. MotionMotion to approve a 3rd amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with 1001 N Water Street, LLC for the property located at 1001 N Water Street, which provides the developer with an extension for the completion date from December 31, 2023 to September 30, 2024.   Not available Video Video
23-1783 18. ResolutionResolution approving an eleventh amendment to the Tax Increment Reinvestment Zone (TIRZ) #3 Project & Financing Plan to expand the eligibility of improvements made by a landlord under the Commercial Finish-Out Grant Program to allow for reimbursement for the cost of adding walls to separate existing spaces into more than one retail space.   Not available Video Video
23-1789 19. PresentationDMD Placemaking & Economic Development Project Updates   Not available Video Video