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25-1694A

Approve a resolution to allow for Authorize the submission, negotiation, and execution of a State Infrastructure Bank Loan Agreement of an application to the Texas Department of Transportation for a loan and repayable reimbursement grant in the amount of $90,000,000.00 consisting of a $47,000,000.00 loan; and one reimbursement request in an amount of $43,000,000.00 repayable reimbursement, to fund transit-oriented related costs for the Kay Bailey Hutchison Convention Center Dallas Master Plan, and all other required documentation to effectuate the city’s intent to borrow such funds - Not to exceed $47,000,000.00 - Financing: No cost consideration to the City Venue Project Fund; Estimated Revenue: $43,0000,000.00

CONSENT AGENDA Corrected; Approved as an Individual Item Introduced May 10, 2025

What this record is

Amount
$47.0M
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
Department of Convention and Event Services
Requested by
Department of Convention and Event Services (CES)
Introduced
May 10, 2025
On agenda
May 28, 2025
Enactment no.
25-0814; CORRECTED; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council May 28, 2025