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25-3040A

Upcoming Agenda Item: Authorize a Chapter 380 economic development grant agreement and all other necessary documents with RG University Hills, LLC and/or its affiliates in an amount not to exceed $23,500,000.00 in consideration of the Rivulet Phase 1 Project, a mixed-use and master-planned development on real property currently addressed as 6400 University Hills Boulevard, in accordance with the Economic Development Incentive Policy - Total not to exceed $23,500,000.00 - Financing: Economic Development & Housing Development Fund ($503,533.00), ECO (I) Fund ($1,721,521.00), Economic Development (G) Fund ($14,411,515.00), and Infrastructure Investment Fund ($6,863,431.00) (subject to current and annual appropriations) [Kevin Spath, Director, Office of Economic Development]

BRIEFING MEMOS Agenda Ready Introduced October 14, 2025

What this record is

Held by
RG University Hills
Amount
$23.5M
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
Economic Development Committee
Introduced
October 14, 2025
On agenda
November 3, 2025

Where it was heard

Economic Development Committee Nov 3, 2025