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· Related development

TIRZ #1 board ends the 300 SW 10th developer agreement and its $35,000 grant

Andrew Freeman told the board that the developer agreement with DHY Enterprises, LLC for a commercial project at 300 SW 10th required a certificate of occupancy by March 31, 2020, that the owner did not plan to continue the project and was selling the building. The board voted unanimously to terminate the property tax rebate agreement and its $35,000 grant. Freeman said the money stays in the fund's reserves because grants are paid only after receipts are submitted.[1]

Andrew Freeman

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