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ChatGPTClaudePerplexity· 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]
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On a motion by Leon Church seconded by H.R. Kelly, the TIRZ #1 board voted unanimously on March 12, 2020 to terminate the developer agreement with DHY Enterprises, LLC for 300 SW 10th, including the property tax rebate agreement and the $35,000 grant. Andrew Freeman said grant money is not allocated until receipts are submitted, so it would remain in fund reserves for future projects. [1]