Authorize a public hearing to be held on February 28, 2024, to receive comments on the proposed amendments to the Project Plan and Reinvestment and Reinvestment Zone Financing Plan (“Plan”) for Tax Increment Reinvestment Zone Number Twelve, the Deep Ellum Tax Increment Financing (“TIF”) District (the “TIF District”) to: (1) increase the total budget for the Deep Ellum TIF District from $29,992,935.00 net present value (approximately $57,641,077.00 in total dollars) to $46,408,080.00 net present value (approximately $93,519,023.00 in total dollars); (2) redefine and reallocate budget categories; and (3) make corresponding modifications to the TIF District’s Plan; and, at the close of the public hearing, consider an ordinance amending Ordinance No. 26043, previously approved on June 22, 2005, and Ordinance No. 26304, previously approved on April 12, 2006, as amended, to reflect these amendments - Financing: No cost consideration to the City

Committee

Office of Economic Development

Requested by

Office of Economic Development (ECO)

Introduced

January 25, 2024

On agenda

February 14, 2024

Enactment no.

24-0270; APPROVED

Where it was heard

City Council Feb 14, 2024

Watch Dallas

Say what matters to you — a street, a company, a subject — and we will email you when Dallas files something about it.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.