UCR Development Services LLC
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- Latest action
· City Council
Result: Approved · Amount: $2.6M
- Money
$2.6M in total financial activity across agenda items that mention this organization.
Largest single item: $2.6M on (Amends a previously approved economic development incentive agreement with UCR Development Services LLC for the Lancaster-Corning Retail Development Project, switching funding from a TIF agreement…)
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Activity Timeline
June 2025
Amends a previously approved economic development incentive agreement with UCR Development Services LLC for the Lancaster-Corning Retail Development Project, switching funding from a TIF agreement to a Chapter 380 grant, increasing the total incentive from $1,778,000 to $2,595,901, and revising project requirements to include two new build-to-suit buildings for Frost Bank and Wingfield's Breakfast and Burger.
…financing (“TIF”) development agreement and all other necessary documents with UCR Development Services LLC and/or its affiliates (“Developer”) in an amount not to exceed $1,778,000.00 (“…