Authorize an amendment to Resolution No. 21-1147 previously approved by City Council on June 23, 2021 authorizing a tax increment financing development agreement with Woodall Rodgers Park Foundation (“Foundation”) in an amount not to exceed $3,000,000.00 for the design and construction of the Phase 2 expansion of the Klyde Warren Park project (“KWP2”), payable from City Center Tax Increment Financing District funds, to update all KWP2 project deadlines and, as consideration for the amendment, add a new requirement for the Foundation to invest a minimum of $22,500,000.00 in the design and/or construction of KWP2, in accordance with the City’s Economic Development Incentive Policy - Financing: No cost consideration to the City *In alignment with Economic Development Incentive Policy.

What this record is

Held by

Woodall Rodgers Park Foundation 2 records across this site

Amount

$3.00M

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

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.

Woodall Rodgers Park Foundation also holds

Upcoming Agenda Item: Authorize an amendment to Resolution No. 21-1147 previously approved by City Council on June 23, 2021 authorizing a tax incremen… $3.00M Dallas, TX

Committee

Office of Economic Development

Requested by

Office of Economic Development (ECO)

Introduced

October 5, 2026

On agenda

October 28, 2026

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