24-3085
Authorize a tax increment financing (“TIF”) development agreement and all other necessary documents with 900 E. Clarendon QOZB, LLC and/or its affiliates (“Developer”) in an amount not to exceed $2,681,864.00, payable from current and future Oak Cliff Gateway (OCG) TIF District Funds (“TIF Subsidy”), in consideration of the East Dock Redevelopment Project on property currently addressed as 900 East Clarendon Drive in Tax Increment Financing Reinvestment Zone Number Three (OCG IF District) in accordance with the City’s Economic Development Incentive Policy - Not to exceed $2,681,864.00 - Financing Oak Cliff Gateway TIF District Fund (subject to annual appropriations from tax increments)
What this record is
- Held by
- Clarendon QOZB, LLC
- Amount
- $2.68M
- Runs until
- no end date published in this record
- Type
- contract
Read automatically from the title of the official record. The source document below is authoritative.
- Committee
- Office of Economic Development
- Requested by
- Office of Economic Development (ECO)
- Introduced
- September 30, 2024
- On agenda
- October 23, 2024