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24-1772

Authorize a Chapter 380 Economic Development Grant Agreement and all other necessary documents with Low Ervay, LLC and/or its affiliates (“Developer”) in an amount not to exceed $1,854,995.00 payable from the Economic Development (3) Fund (2012 General Obligation Bond Funds) in consideration of the Power & Light Mixed-Income Redevelopment Project (“Project”) on property to be addressed as 2220 S. Ervay Street, Dallas, Texas 75215 and to assist with the extraordinary cost of required off-site wastewater infrastructure improvements for the Project - Not to exceed $1,854,995.00 - Financing: 2012 General Obligation Bond Funds

CONSENT AGENDA Approved Introduced May 22, 2024
Committee
Office of Economic Development
Requested by
Office of Economic Development (ECO)
Introduced
May 22, 2024
On agenda
June 12, 2024
Enactment no.
24-0863; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Jun 12, 2024