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ChatGPTClaudePerplexity· Related development
TIRZ #1 board adds $70,000 to its Center City contribution after the City cut the same amount
Staff explained that $70,000 had been removed from the City's contribution to the recurring services agreement among Center City of Amarillo, Inc., TIRZ #1 and the City (covering the façade grant program, the streetscape program and their administration), and proposed replacing it from the TIRZ Community Projects line. The board approved adding $70,000 unanimously; the motion did not include a proposal to have Center City administer streetscape grants of $50,000 or less. Staff also reported 532 residential units and $30.7 million added toward the zone's residential goal in 2021-2023, and no progress toward the hotel goal.[1]
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Interim City Manager Andrew Freeman said $70,000 had been removed from the City's contribution to the agreement and staff proposed replacing it from the Community Projects line of the TIRZ budget. Joseph Peterson moved and H.R. Kelly seconded to add $70,000 to the TIRZ's contribution; it passed unanimously. The minutes do not say why the City reduced its contribution. In August 2023 Center City's director had reported façade grant requests of $97,387.50 against the $70,000 the City allocated to the program. [1][2]
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The 2021-2023 progress report presented in November 2023 showed no progress toward the hotel goal, 532 additional units and $30.7 million toward the residential goal, $14.97 million and 48,772 square feet toward the office/commercial/retail goal, and the Pavilion at the Santa Fe Depot as a 60,000 square foot, $786,000 addition. [1]