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2026-R-127

A Resolution of the City Council of the City of Laredo, Texas amending Resolution 2025-R-67 and tax abatement agreement between the city of Laredo and Luis Alfredo Castillo for a proposed residential project located at 2416 Ventura St., Lot 2, Block 624, Western Division. The amendments are as follow, estimated capital investment total from $178,00.00 to $233,665.00, base value from $62,615 to $72,760.00, an estimated annual tax abatement total of $903.57 to 1,550.79, and estimated fee waivers from 903.57 to $1,633.64. This project is located within City Council District 8.

Resolution Agenda Ready Introduced April 23, 2026

What this record is

Amount
$234K
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
City Council
Requested by
Economic Development
Introduced
April 23, 2026
On agenda
June 1, 2026

Where it was heard

City Council Jun 1, 2026

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