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]
What this record is
- Held by
- RG University Hills
- Amount
- $23.5M
- Runs until
- Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
- Type
- contract
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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
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