Item 24: Reimbursement Agreement for Tax Increment Reinvestment Zone No. 4 - Kissing Tree

Status
Not open for further replies.

COSM_Admin

Administrator
Staff member
Consider approval of Resolution 2024-126R, approving an amendment to the reimbursement agreement with Carma Paso Robles, LLC, for the San Marcos, Texas Tax Increment Reinvestment Zone No. 4 that increases the reimbursement amount to the developer from $30,000,000.00 to $46,000,000.00 in connection with the Kissing Tree development at Hunter and Centerpoint Roads; authorizing the City Manager, or her designee, to execute the amendment on behalf of the city; and declaring an effective date.
 
Status
Not open for further replies.
Top