25-2895A
Authorize a tax increment financing (“TIF”) development agreement with 901 Main PAHG Partners LLC, a Texas limited liability company and/or its affiliates (“Developer”) in an amount not to exceed $103,000,000.00 (“TIF Subsidy”), payable from current and future Downtown Connection Sub-district funds in the Downtown Connection TIF District (“TIF District” or “Zone”), in consideration of the Developer’s design, engineering, financing, and construction of the 901 Main Street Redevelopment Project (“Project”) currently addressed as 900 Main Street, 901 Main Street, and 909 Commerce Street - Not to exceed $103,000,000.00 - Financing: Downtown Connection TIF District Fund (subject to current and annual appropriations from tax increments) *In alignment with Economic Development Incentive Policy.
What this record is
- Held by
- 901 Main PAHG Partners LLC
- Amount
- $103.0M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
- Field
- Construction
construction contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the
work goes back out to bid, and it is usually stated years ahead.
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
- October 1, 2025
- On agenda
- October 22, 2025
- Enactment no.
- 25-1692; APPROVED
Where it was heard
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