Municue
Corpus Christi, TX

Reinvestment Zone No. 3 - Downtown · 9:30 AM · Council Chambers

The TIRZ #3 Downtown board met on August 24, 2026 and passed all three substantive items: a one-year extension for the Thirsty Corpus LLC reimbursement agreement, the FY 2027 TIRZ operating budget, and the Downtown Management District service plan and interlocal renewal.
11 itemsView official source →
DocumentsAgenda

Analysis

Development & Land Use

The board extended the Thirsty Corpus LLC project deadline by one year, to June 30, 2027, for the 1002 N Chaparral redevelopment under the TIRZ #3 reimbursement agreement.[#1]

Governance & Oversight

The board adopted the FY 2027 TIRZ #3 operating budget and renewed the Downtown Management District interlocal agreement for one year along with its FY 2026-2027 Integrated Service Plan.[#2][#3]

Insights by Role

Developer

MediumMedium significance — notable action worth trackingThe Thirsty Corpus LLC extension (File 26-1315) shows the board granting a one-year schedule extension on a TIRZ #3 reimbursement agreement at 1002 N Chaparral. Developers with TIRZ #3 agreements can reference it when seeking timeline relief.

7 items(4 procedural hidden)

The official vote outcome for each item
(e.g., Approved, Denied, Held)
The procedural action taken on the item
(e.g., Hearing Closed, Corrected, Referred)

AI-generated summaries. Click to expand for original text.

#1Public Notice: Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary’s office (at 361-826-3105) at least 48

#AVice Chairwoman Carolyn Vaughn to call the meeting to order.

#BCity Secretary Rebecca Huerta to call roll of the Corporation Directors.

#1Motion to approve a second amendment to the TIRZ #3 Downtown Development Reimbursement Agreement with Thirsty Corpus LLC for 1002 N Chaparral, extending the project deadline one year from June 30, 2026 to June 30, 2027.

Pass
City ManagerThirsty Corpus LLCTIRZ #31002 N Chaparral

#2Resolution approving the proposed Fiscal Year 2027 operating budget for Tax Increment Reinvestment Zone Number Three.

Pass
Tax Increment Reinvestment Zone Number Three

#3Motion approving the Downtown Management District's Integrated Service Plan for FY 2026-2027 and renewing for one year the Interlocal Cooperation Agreement between TIRZ #3 and the DMD to support downtown redevelopment through cleanliness, safety, placemaking, economic development, and related services.

Pass
Downtown Management District

#11* Regardless of the agenda heading under which any item is listed, any word or phrase of any item listed on this agenda shall be considered a subject for consideration for purposes of the Texas Open M

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