C&P Monarch, LP

Motion to amend Section 3 of TIRZ #3 Downtown Development Reimbursement Agreements with multiple developers to clarify reimbursement eligibility for completed improvements and provide proportional reductions where improvements are incomplete or reduced in scope.

Motion to approve amendments to the TIRZ #3 Downtown Development Reimbursement Agreements with C&P Monarch, LP (Hotel Indigo and Holiday Inn Express); 416 N Chaparral St, LLC (416 Flats); Avesta, LLC

Approves a first amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with C&P Monarch, LP for the Hotel Indigo at 1102 S. Shoreline Boulevard, extending the project completion date from February 28, 2027 to February 28, 2028.

Motion to approve a 1st amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with C&P Monarch, LP for the Hotel Indigo located at 1102 S. Shoreline Boulevard to extend the project com

Executive session to consult with attorneys on the Tax Increment Financing Act, TIRZ, and interlocal agreements with multiple hotel and development entities, and to deliberate on economic development incentives for business prospects.

…uture Tax Increment Reinvestment Zones (TIRZ); and interlocal agreement(s) with C&P Monarch, LP (Hotel Indigo and Holiday Inn Express); 416 N Chaparral St, LLC (416 Flats); Av…

Closed executive session to consult with attorneys on the Tax Increment Financing Act, TIRZs, and an interlocal agreement with C&P Monarch, LP for Hotel Indigo, and to deliberate economic development incentives for business prospects.

…future Tax Increment Reinvestment Zones (TIRZ) and interlocal agreement(s) with C&P Monarch, LP for Hotel Indigo and other taxing entities and Texas Government Code § 551.087…