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: 11/19/2024 9:30 AM Minutes status: Draft  
Meeting location: Council Chambers
Published agenda: Agenda Agenda Published minutes: Not available  
Agenda packet: Not available
Meeting video: eComment: Not available  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
24-1886 12. PresentationTIRZ #3 Financial Reports as of September 30, 2024   Not available Video Video
24-1813 13. E-Session ItemExecutive 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.   Not available Not available
24-1814 14. MotionMotion 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.   Not available Video Video
24-1796 15. MotionMotion 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.   Not available Video Video
24-1798 16. MotionMotion 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.   Not available Video Video
24-1799 17. MotionMotion 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.   Not available Video Video
24-1815 18. PresentationDMD Updates   Not available Video Video