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Storyline · 35 events · Nov 8, 2016 – Sep 22, 2026

East Gateway TIRZ #2 and South Gateway TIRZ #3 (2016-2026)

Quick answers

What is the latest on East & South Gateway TIRZ?
Sep 8, 2026 – Sep 22, 2026: Council approves FY2026/27 budgets for TIRZ #1, #2 and #3. The TIRZ #1 and TIRZ #2 budgets (Resolutions No. 09-08-26-3 and 09-08-26-4) passed 4-0 on first reading on September 8, 2026, with Councilmember Prescott absent, and were consent items on second reading on September 22, when draft minutes record the consent agenda passing 4-1 with Councilmember Simpson voting no. Read the event
How far back does this record of East & South Gateway TIRZ go?
To Nov 8, 2016: Council creates East Gateway Tax Increment Reinvestment Zone #2 (Ordinance No. 7627). The storyline has 35 dated events in all. Read the event

The City Council created the East Gateway Tax Increment Reinvestment Zone #2 around the I-40/Loop 335 interchange by Ordinance No. 7627 on November 8, 2016, and expanded it in December 2020 (Ordinance No. 7892) to about 1,389 acres through 2046, with the City, Potter County, Amarillo College and the Panhandle Groundwater District contributing 100% of their tax increment. Between 2020 and 2021 the TIRZ #2 board paid for two sports tourism studies (Brailsford & Dunlavey, up to $49,840; Sports Facilities Development, $48,500), which priced an indoor facility at $35 million, an outdoor complex at $29 million and a stadium at $17 million. It created the South Gateway TIRZ #3, about 1,046 acres around I-27 and Loop 335, by Ordinance No. 8033 on December 13, 2022, and approved its 20-year project and financing plan in September 2023; the City, Randall County and Amarillo College contribute 100% of increment for 10 years and 50% after that. TIRZ #2 has paid rebates and grants, including a $90,000 grant for the Route 66 Bug Ranch approved in May 2024. TIRZ #3 has four infrastructure reimbursement agreements with Rockrose Development, Attebury Elevators and the AEDC, with caps totaling $15,750,297, tied to the Kids, Inc. Rockrose Sports Park; in May 2026 the council rewrote one of them to add Happy Again, LP. Reports to the Texas Comptroller show TIRZ #3 received $32,415 in increment for 2025.

A storyline groups dated events in order. It is a chronology, not an argument; it does not say why anything happened. All storylines

Where the story starts depends on the framing

  1. · Origin

    Council creates East Gateway Tax Increment Reinvestment Zone #2 (Ordinance No. 7627)

    A TIRZ #2 developer agreement prepared by City staff in 2024 recites that on November 8, 2016 the City Council approved Ordinance No. 7627 establishing East Gateway Tax Increment Reinvestment Zone Number Two under Chapter 311 of the Tax Code. The zone's later project and financing plan lists the zone as created in fiscal 2016/2017 with a 2016 base taxable value of $39,981,487.[1][2]

    • ✓ Verified

      The draft TIRZ #2 developer agreement in the May 28, 2024 council packet recites that "on November 8, 2016, the City Council approved Ordinance No. 7627 establishing East Gateway Tax Increment Reinvestment Zone Number Two." The minutes of that meeting are not in the local minutes cache, which begins in May 2019. [1]

    • ✓ Verified

      The East Gateway plan lists the zone as created in fiscal 2016/2017 with an original base value of $39,981,487 (2016) and a new base of $41,431,055 after the 2020 expansion. [2]

      Original base
      $39,981,487
      New base
      $41,431,055

  2. · Context

    Council approves TIRZ #2 rebate agreement for a Toot'n Totum travel center, 4-0

    The council voted 4-0 to approve a TIRZ #2 developer agreement with Jamal Enterprises, LP for a Toot'n Totum travel center at 7909 East Interstate 40. The agreement provides an annual property tax rebate of 90% in years 1-5 and 50% in years 6-10, contingent on deadlines for a building permit and a certificate of occupancy.[3]

    Ginger NelsonElaine HaysFreda PowellHoward SmithAndrew Freeman

    • ✓ Verified

      On December 3, 2019 the council approved 4-0 (Mayor Nelson and Councilmembers Hays, Powell and Smith) a TIRZ #2 developer agreement with Jamal Enterprises, LP for a Toot'n Totum travel center at 7909 East Interstate 40, rebating 90% of the project's annual property tax in years 1-5 and 50% in years 6-10. [3]

  3. · Precursor

    TIRZ #2 board hires Brailsford & Dunlavey for a $49,840 sports tourism market study

    In January 2020 the East Gateway TIRZ #2 board accepted Brailsford & Dunlavey's final East Gateway Initiative study, which found the area needed a "demand driver," and heard staff lean toward sports tourism. On February 20 the board unanimously approved a Phase 1 market validation study by the same firm, not to exceed $49,840, covering the sports tourism market in Amarillo and the region.[4][5]

    Andrew FreemanJared MillerLaura Storrs

    • ✓ Verified

      At a January 16, 2020 special meeting the TIRZ #2 board accepted the final East Gateway Initiative study prepared by Brailsford & Dunlavey, Inc.; the Director of Planning and Development Services "noted the findings of the study, including the need of a demand driver for the area and for further studies," and "explained the leaning towards sport tourism as a demand driver." The motion, by a Potter County appointee, "passed unanimously." [4]

    • ✓ Verified

      On February 20, 2020 the board approved the Phase 1 market validation proposal unanimously. The minutes say the scope included two months of market analysis of "Amarillo, the region and beyond as it relates to the sport tourism market," possible tournament and event days and hotel room nights, and that "the contract amount is a not to exceed amount of $49,840." The September 17, 2020 quarterly report says the only activity that quarter was a $47,000 invoice from Brailsford and Dunlavey for the study. [5][6]

      Contract cap
      $49,840
      Invoice
      $47,000

  4. · Related development

    TIRZ #2 board accepts market study recommending a multi-sport complex

    Brailsford & Dunlavey presented its findings in May 2020: there was not enough demand to support hotel and retail on its own, and youth sports tourism could help, through a multi-sport complex. City staff and board members said the study reinforced the zone's original intent of an indoor facility. On June 18 the board voted unanimously to accept the final Phase 1 study; the Parks and Recreation director said the findings could be folded into the parks master plan.[7][8]

    Michael KashubaJared Miller

    • ✓ Verified

      The May 21, 2020 minutes record the consultant's finding that there "was not enough demand to support hotel and retail, sports tourism would help that issue, specifically youth sports," and a concept of "a multisport complex that functions during non-peak hours as well peak hours." "City staff and board members agreed with the findings and noted this new study reinforces the original intent of the TIRZ to encourage development of an indoor facility." On June 18, 2020 the motion to accept the final study "passed unanimously," and the chair assigned staff to draft a memorandum of understanding for property owners. [7][8]

  5. · Starting point

    TIRZ #2 board accepts a revised plan adding about 449 acres to the zone

    The expansion began in February 2020 when staff told the board a new project just outside the zone's boundary was interested in incentives. In April staff presented a map adding about 449 acres south of the zone, bringing it to 1,389 acres, and said council feedback was to keep the expansion focused on land likely to develop soon. On September 17 the board unanimously accepted the revised project and financing plan, which raised the zone's taxable base from $39.98 million to $41.43 million. The council adopted it in December 2020.[5][9][6][10]

    Andrew Freeman

    • ✓ Verified

      On February 20, 2020 staff told the board "a new project has been discussed just outside the current boundary of the TIRZ #2. They were interested in possible incentives for the project, which led to discussing TIRZ #2 and whether the zone could be expanded." On April 16, 2020 staff said the prospect was slowing its construction timeline because of COVID, that "initial feedback from City Council was to not make the zone too much larger," and presented about 449 acres south of the zone, which "would bring the zone to 1,389 acres" and add about $2.1 million to the $39.8 million base value. The minutes do not name the prospect. In August 2021 staff said it expected "another incentive application for the project which helped initiate the expansion of the boundary to the south." [5][9][11]

      Added acres
      449
      Total acres
      1,389
    • ✓ Verified

      On September 17, 2020 the board voted unanimously to accept the revised project and financing plan. Staff said the boundary expansion was the main change and that the financial analysis now used the expanded area's values, "changing the taxable base from $39.98 MM to $41.43 MM." On December 17, 2020 staff told the board the council had approved the amended plan on December 8 and that participation agreements with the taxing entities would start in early 2021. [6][10]

  6. · Related development

    Council expands TIRZ #2 and approves an amended project and finance plan (Ordinance No. 7892)

    After a public hearing with no comments, the council passed Ordinance No. 7892 on first reading 5-0 on November 17, 2020 and on second reading as part of a 5-0 consent agenda on December 8, 2020. It expanded the zone's boundary, approved an amended final project and finance plan and approved City participation in the expanded area. The December 2020 plan covers about 1,389 acres, runs to December 31, 2046, and projects $34.6 million in tax increment revenue over 30 years ($17.7 million net present value), including money for infrastructure reimbursement and debt service on a possible $15 million public athletic facility.[12][13][2]

    Ginger NelsonElaine HaysFreda PowellEddy SauerHoward SmithAndrew Freeman

    • ✓ Verified

      Under the December 2020 plan, four taxing entities, the City of Amarillo, Potter County, Amarillo College and the Panhandle Groundwater District, contribute 100% of their new incremental property tax for the full term; no school district participates, and the zone expires December 31, 2046. [2]

    • ✓ Verified

      The plan projected, as an estimate, $34.6 million in tax increment over 30 years ($17.7 million net present value), assuming $100 million in new construction value: $10 million for infrastructure reimbursement, $22.4 million for debt service on a public athletic facility (assuming $15 million in debt for 20 years at 3%) and $2.2 million for aesthetic and landscaping improvements. [2]

      Projected revenue
      $34,600,000
      Projected npv
      $17,700,000
    • ✓ Verified

      The plan describes the zone as about 1,389 acres, including about 300 single-family homes on about 52 acres, two RV parks, about a dozen businesses, a private cemetery and about 1,024 acres of vacant land. Its listed goals include relocation and expansion of the Big Texan Steakhouse, hotels, an RV park and new recreation and athletic facilities. [2]

    • ✓ Verified

      On November 17, 2020, after a public hearing at which no one spoke, Ordinance No. 7892 passed on first reading 5-0 (Mayor Ginger Nelson and Councilmembers Elaine Hays, Freda Powell, Eddy Sauer and Howard Smith) on a motion by Powell, seconded by Sauer. It passed on second and final reading as part of the December 8, 2020 consent agenda, also 5-0. [12][13]

  7. · Related development

    Council awards $48,500 East Gateway sports complex feasibility study, 5-0

    After hearing a proposal from Sports Facilities Advisory and the United Soccer League in January 2021, the TIRZ #2 board approved a financial feasibility study for an outdoor sports tourism complex on April 15, with an added round of revisions. On April 27 the City Council's consent agenda, approved 5-0, awarded the $48,500 contract to Sports Facilities Development, LLC.[14][15][16][17]

    Ginger NelsonElaine HaysFreda PowellEddy SauerHoward SmithAndrew Freeman

    • ✓ Verified

      On January 21, 2021 representatives of Sports Facilities Companies and the United Soccer League presented a proposal for a financial forecast for a proposed outdoor soccer complex; the minutes record "the actual ask - $48,500" and that "the City/TIRZ #2 owns it outright except for some proprietary formulas." On February 18 a City appointee raised "the public's concern about how money is spent." On April 15, 2021 the board approved the proposal "pending any changes," unanimously, after a member noted the contract allowed only one round of revisions and the consultant agreed to add another. [14][15][16]

      Study cost
      $48,500
    • ✓ Verified

      The April 27, 2021 council consent agenda, moved by Councilmember Powell and seconded by Councilmember Smith, included "CONSIDER AWARD -- SPORTS FACILITIES DEVELOPMENT, LLC. CONTRACT" for "a financial feasibility study for an outdoor sports tourism complex in the East Gateway TIRZ #2 Zone, in the amount of $48,500." Voting aye were Mayor Nelson and Councilmembers Hays, Powell, Sauer and Smith, 5-0. The board minutes call the firm Sports Facilities Advisory, LLC in January and February and Sports Facilities Development, LLC in April. [17][16]

  8. · Related development

    Feasibility study prices East Gateway sports facilities at $17 million to $35 million each

    Staff summarized the Sports Facilities Advisory study for the TIRZ #2 board: an indoor facility would cost $35 million, an outdoor facility $29 million and a stadium $17 million. The chair said the study's public contribution line was not realistic, and members raised concerns about cost and scope. The board listed follow-up questions for the consultant, including the sources of funds for each facility and whether a phased approach was possible.[11]

    • ✓ Verified

      On August 26, 2021 staff said "the cost of the indoor facility would be $35 Million, outdoor facility $ 29 Million, and stadium $17 Million" (estimates in the consultant's study). The chair "stated that she felt like the Public Contribution line is not realistic," and "multiple board members discussed and expressed their concern for the cost and scope of the study." Follow-up questions for the consultant included whether there was a "Plan B" or phased approach, whether the private sector would secure the debt, and whether there had been recent conversations with the landowners. The minutes the board kept through August 2022 do not record a decision to pursue any of the facilities. [11]

      Indoor facility
      $35,000,000
      Outdoor facility
      $29,000,000
      Stadium
      $17,000,000
    • ✓ Verified

      On February 17, 2022 the board chair "spoke on the 90-acre sports facility being built outside of the TIRZ#2 area, and how it is in line with the studies made for such a facility within the zone." The minutes do not name the facility. Asked about the soccer stadium discussed earlier, the board held "an open discussion" with no recorded outcome. [18]

  9. · Related development

    Council approves second Toot'n Totum TIRZ #2 rebate after board cuts it to 50% for 10 years

    Jamal Enterprises, LP asked the TIRZ #2 board for a 90% property tax rebate for 20 years, estimated at $555,426, for a Toot'n Totum convenience store at 1701 S. Eastern St. On August 26, 2021 the board instead voted unanimously for a 50% rebate over 10 years, with a certificate of occupancy due by August 2022. The City Council approved that agreement on its September 14 consent agenda, 4-0.[11][19]

    Freda PowellCole StanleyEddy SauerHoward Smith

    • ✓ Verified

      On August 26, 2021 staff described the request as "a 90% rebate for 20 years ($555,426 estimated incentive)" for a store a Toot'n Totum representative said would be similar to the one on Lakeside, with 25 additional jobs. The chair, a Potter County appointee, said "90% for 20 years is a very high ask and that Jamal Enterprises has received a previous incentive," and that development agreements limit the zone's capacity for other goals. Members asked for consistency and a "step-down" approach. A motion "to provide Jamal Enterprise with a 50% rebate over a ten-year time frame with the Certificate of Occupancy to be received by August 2022" passed unanimously. [11]

      Requested estimate
      $555,426
    • ✓ Verified

      The September 14, 2021 council consent agenda, moved by Councilmember Sauer and seconded by Councilmember Smith, approved 4-0 (Mayor Pro Tem Powell and Councilmembers Stanley, Sauer and Smith), included a TIRZ #2 developer agreement "for the Jamal Enterprises, LP Toot'n Totum Convenience Store project to be located at 1701 S. Eastern. The agreement is for a 50% annual property tax rebate for ten years. The rebate is contingent upon receiving a certificate of occupancy by August 2022." [19]

    • ✓ Verified

      Asked on August 26, 2021 when the board would see TIRZ #2 rebate payments begin, the Finance Director said "there were two commitments which will show in the second fully valued tax year after the completion of the hotel and travel center." In July 2022 staff said the only rebate expected for the next fiscal year was the travel center, which was "showing as only partially complete." The Toot'n Totum travel center opened in March 2021; the board minutes give the grand opening as March 16, 2021, after an earlier projection of March 4. [11][20][15][16]

  10. · Context

    TIRZ #2 board under a council-appointed chair asks for a review of its incentive process

    By February 2022 John Attebury, a City appointee, chaired the TIRZ #2 board; staff said the City Council had appointed him to the chair. In March the board elected a Potter County appointee vice chair, and the chair said he wanted to focus on processes and procedures for awarding incentives. Staff agreed to bring back the project plan and the City's incentive guidelines for review. The board then met in executive session on a business prospect.[18][21]

    Andrew Freeman

    • ✓ Verified

      A Potter County appointee chaired the board through August 26, 2021. On February 17, 2022 John Attebury, listed as a City of Amarillo member, chaired the meeting, and "Andrew Freeman explained that John Attebury was appointed to the chair position through Amarillo City Council." On March 17, 2022 the board unanimously elected a Potter County appointee vice chair. The chair said "he would like to focus on processes and procedures on awarding incentives for the TIRZ #2 board for a successful and consistent board for the future," and the Assistant City Manager said he could bring both the project plan and the City's incentive guidelines for review. The board then went into executive session under Texas Government Code section 551.087 (economic development negotiations) from 12:05 to 12:25 p.m. and adjourned with no action. [11][18][21]

    • ✓ Verified

      None of the sixteen sets of TIRZ #2 board minutes from January 2020 through August 2022 record a member abstaining, recusing or disclosing a conflict of interest on any item. No item in those minutes involves Attebury Elevators. [4][5][9][7][8][22][6][10][14][15][16][11][18][21][20][23]

  11. · Context

    Council approves TIRZ #2 rebate agreement for ATC Realty Investments' truck dealership project, 5-0

    On its consent agenda, approved 5-0, the council approved a TIRZ #2 developer agreement with ATC Realty Investments, LLC for the Premier Truck Group of Amarillo project at 7580 East Interstate 40: a 50% annual property tax rebate for ten years, contingent on a certificate of occupancy within eighteen months of the building permit.[24]

    Ginger NelsonFreda PowellEddy SauerCole StanleyHoward SmithPremier Truck Group

    • ✓ Verified

      On April 12, 2022 the council's consent agenda, approved 5-0, included a TIRZ #2 developer agreement with ATC Realty Investments, LLC for the Premier Truck Group of Amarillo project at 7580 East Interstate 40: a 50% annual property tax rebate for ten years, contingent on a certificate of occupancy within eighteen months of the building permit. [24]

  12. · Precursor

    TIRZ #2 budget adds a $150,000 line to start repaying the City for utility extensions

    In July 2022 the Director of Capital Projects told the TIRZ #2 board that a sewer line extension across Interstate 40 was complete and that a water line along the I-40 frontage, Sunrise Drive and Whitaker Road was expected to cost about $1.7 million to build. The chair asked whether the zone's surplus should start paying down that debt. On August 18 the board unanimously adopted a FY2022-23 budget with a $150,000 debt service line "to start paying the City of Amarillo back for installed utility extensions" and a new $100,000 community projects line; staff said a formal repayment agreement would follow.[20][23]

    Andrew FreemanLaura StorrsJared Miller

    • ✓ Verified

      On July 21, 2022 the Director of Capital Projects described "a completed sewer line extension that crosses Interstate 40 and provides sewer services to about three fourths of the properties in the North section of the boundary" and water line plans about 90% complete, estimated at "about $1.7 million for construction." He later clarified: "On the wastewater project, we spent $98,000. The original allocation was $840,000, and there is still around $650,000 of the allocation left for this line item to be used by the city to help fund the up-front costs for constructing utilities in this zone." The chair said "even at half the current yearly revenues we can pay that back in 14 years." Staff said legal would draft an agreement with the City for payment terms. [20]

      Sewer spent
      $98,000
      Utility allocation
      $840,000
      Water line estimate
      $1,700,000
    • ✓ Verified

      Presenting the draft FY2022-23 budget on July 21, 2022, the Director of Finance said the zone began the year with $332,311 in fund balance, estimated revenues of $259,134 and expenditures of $4,360 for the year, and projected $386,171 in revenue for the next year from appraisal district estimates. On August 18, 2022 an Assistant City Manager said the $100,000 Community Projects line and the $150,000 Debt Service line were "the only items added per the direction of the board," the latter "for the board to be able to start paying the City of Amarillo back for installed utility extensions." The budget passed unanimously. [20][23]

      Debt service line
      $150,000
      Community projects line
      $100,000
      Fy2022 revenue estimate
      $259,134

  13. · Origin

    Council creates South Gateway Tax Increment Reinvestment Zone #3 (Ordinance No. 8033)

    The council approved Ordinance No. 8033 on second and final reading as part of a consent agenda passed 5-0, creating the South Gateway Tax Increment Reinvestment Zone Number Three, a 1,046-acre zone around Interstate 27 and Loop 335. The same consent agenda extended downtown TIRZ #1. A 2023 staff memo says Amarillo College and Randall County approved participation in February and April 2023.[25][26]

    Ginger NelsonFreda PowellEddy SauerHoward SmithCole StanleyAndrew Freeman

    • ✓ Verified

      On December 13, 2022 the council approved, as part of a consent agenda passed 5-0 (Mayor Nelson, Mayor Pro Tem Powell and Councilmembers Sauer, Smith and Stanley), Ordinance No. 8033 on second and final reading, creating the South Gateway Tax Increment Reinvestment Zone Number Three, a 1,046-acre zone in the area of Interstate 27 and Loop 335. [25]

    • ✓ Verified

      A September 2023 staff memo says the council created the zone in December 2022, establishing the base year value and City participation, and that Amarillo College and Randall County approved participation in February and April 2023. Canyon ISD and the High Plains water district do not participate under the plan. [26][27]

  14. · Context

    Council appoints the first City members and chair of the TIRZ #3 board

    The council voted 5-0 to appoint Eddy Sauer, Jimmy Lackey and Matt Griffith to the South Gateway TIRZ #3 board, and 5-0 to name Jimmy Lackey chair.[28]

    Ginger NelsonCole StanleyFreda PowellEddy SauerHoward SmithJimmy LackeyMatt Griffith

    • ✓ Verified

      On April 25, 2023 the council voted 5-0 to appoint Eddy Sauer, Jimmy Lackey and Matt Griffith to the South Gateway TIRZ #3 board, on a motion by Freda Powell seconded by Sauer, and 5-0 to appoint Jimmy Lackey as chair, on a motion by Powell seconded by Cole Stanley. [28]

    • ✓ Verified

      NewsChannel 10 identifies Jimmy Lackey as president and CEO of Kids, Inc., whose sports complex the TIRZ #3 plan names as the zone's anchor project. The fetched sources do not record whether he abstained on any TIRZ #3 item; the minutes of the March 28, 2024 board meeting, which approved the 2024 agreements, were not posted. [29][30][27]

  15. · Context

    South Gateway TIRZ #3 board holds its first meeting

    The new nine-member South Gateway TIRZ #3 board, chaired by City appointee Jimmy Lackey, held its first meeting at City Hall. The City Attorney gave an overview of the state laws a tax increment reinvestment zone board must follow, and Deputy City Manager Andrew Freeman presented the preliminary project and financing plan. The board elected a Randall County appointee as vice chairman. The members present represented the City (three), Randall County, Amarillo College, Canyon ISD and the Amarillo Hospital District.[31]

    Jimmy LackeyMatt GriffithAndrew Freeman

    • ✓ Verified

      The June 22, 2023 minutes list nine voting members: Jimmy Lackey (chairman), Matt Griffith and Eddy Sauer for the Amarillo City Council; three Randall County appointees; and one each from Amarillo College, Canyon ISD and the Amarillo Hospital District. The City Attorney "provided the Board with an overview of the State laws, rules, and regulations" of a TIRZ, and Deputy City Manager Andrew Freeman presented the preliminary project and financing plan. A Randall County appointee was elected vice chairman on a motion by Griffith; the motion "passed unanimously." [31]

  16. · Related development

    TIRZ #3 board approves its final project and financing plan, first budget and incentive policy

    The TIRZ #3 board unanimously approved the zone's FY2023-24 budget, the final project and financing plan, and a tax increment financing policy and procedures, and chose a logo. Asked whether an annexation agreement was needed first, staff said the plan could be approved and the City would later work with each property owner on annexation. The council adopted the plan as Ordinance No. 8081 in September 2023.[32]

    Jimmy LackeyAndrew FreemanLaura Storrs

    • ✓ Verified

      On August 3, 2023 the TIRZ #3 board approved, each by a motion that "passed unanimously," the FY23-24 TIRZ #3 annual budget (presented by Assistant City Manager Laura Storrs), the TIRZ #3 Final Project and Financing Plan, and the TIRZ #3 Tax Increment Financing Policy and Procedures. Asked about new properties, Freeman said "base value stays with the taxing entity and the tax increment on any new construction is placed in the Tax Increment Fund." On annexation, he said the plan "can be approved now and, at a later date, the City will work with each property owner to annex their property." [32]

  17. · Context

    TIRZ #2 board reviews its incentive practice and adopts a FY2023-24 budget with $60,000 more for rebates

    In July 2023 the East Gateway TIRZ #2 board accepted its September 30, 2022 audit, reviewed a draft FY2023-24 budget and discussed a policy on project size and incentives; the Director of Planning said the board had typically granted 10-year, 50% rebates, while the Toot'n Totum agreement was 90% for five years and 50% for five. On August 17 the board unanimously adopted the budget after the Director of Finance added $60,000 to the rebate line, and heard that revenues had come in lower than expected.[33][34]

    • ✓ Verified

      At the July 20, 2023 TIRZ #2 meeting the Director of Planning "advised typically the Board has done 10 years, 50% rebates. The Toot N Totum project is 90% rebate for the first 5 years and then it is 50% for the last 5 years." The board accepted the September 30, 2022 audit unanimously, and the Director of Finance said the FY2023-24 budget would need to be amended by $60,000 for rebate payments. The Director of Planning also noted that an infrastructure reimbursement agreement the board accepted in January 2023 appeared in the current year's budget as a new item. [33]

      Rebate amendment
      $60,000
    • ✓ Verified

      On August 17, 2023 the Director of Finance told the TIRZ #2 board that certified values had arrived from the Potter-Randall Appraisal District and that "he added $60k into the rebate line of the budget"; the FY2023-24 budget was approved unanimously. Presenting the quarterly report, he said revenues "had come in less than expected." The minutes do not give budget totals. [34]

  18. · Related development

    Council approves the TIRZ #3 project and financing plan (Ordinance No. 8081)

    The council passed Ordinance No. 8081 on first reading 5-0 on September 19, 2023 and on second reading on a 5-0 consent agenda on September 26. It approved the board's August 3, 2023 final project and financing plan, confirmed City participation at 100% of its tax increment, set the tax increment base at $30,013,978 as of January 1, 2022, and changed the board's makeup, adding an ex officio member who owns land in the zone. The plan runs to December 31, 2042, projects about $15.3 million in increment ($9.7 million net present value) and estimates $45.8 million in infrastructure costs.[35][36][26][27]

    Cole StanleyJosh CraftTom ScherlenLes SimpsonDon Tipps

    • ✓ Verified

      Ordinance No. 8081 passed on first reading 5-0 on September 19, 2023 (Josh Craft, Tom Scherlen, Cole Stanley, Les Simpson and Don Tipps), on a motion by Tipps seconded by Craft, and on second and final reading as part of the September 26, 2023 consent agenda, also 5-0. [35][36]

    • ✓ Verified

      Ordinance No. 8081 approved the final project and finance plan, committed the City to deposit 100% of its tax increment beginning with 2022, set a nine-member board with three Randall County appointees plus one ex officio member who owns land in the zone, and set the tax increment base at $30,013,978 as of January 1, 2022. The staff memo said the City, Randall County and Amarillo College would commit 100% of increment in years 1-10 and 50% in years 11-20, and projected the zone's 2042 value at $167,260,452. [26]

      Tax increment base
      $30,013,978
      Projected 2042 value
      $167,260,452
    • ⚠ Sources differ

      TIRZ #3 documents give two figures for the zone's 2022 base value.

      Reported value 1[26][37]

      Base value
      $30,013,978

      Ordinance No. 8081, the plan's base-value assumption and the Comptroller reports use $30,013,978 as of January 1, 2022.

      Reported value 2[27][38]

      Base value
      $28,754,690

      The plan's financial model also lists "TIF Base: $28,754,690 (certified value)", and the FY2024/25 budget memo compares 2024 values to "base values of $28.8 million".

    • ✓ Verified

      The August 2023 plan projects, as an estimate, about $15.3 million in tax increment over the 20-year term ($9.7 million net present value), assuming $120 million in new construction value, and puts the total estimated cost of infrastructure improvements at $45.8 million. It says the revenue will mainly reimburse the City or developers for public infrastructure, and that Kids, Inc. announced in early 2022 that it would use a 90-acre land donation for a privately funded, $30 million sports complex. [27]

      Projected revenue
      $15,300,000
      Projected npv
      $9,700,000
      Infrastructure estimate
      $45,800,000

  19. · Starting point

    Council approves first TIRZ #3 reimbursement agreement, with Rockrose Development, for $510,297

    On October 26, 2023 the TIRZ #3 board voted to give Rockrose Development 80% of available tax increment for 10 years toward $510,297.33 in infrastructure (a cul-de-sac street, drainage channel and water main west of Coulter and north of Hollywood Road). Board member Matt Griffith, who presented the request for his company, abstained and left the room during the closed session. The council approved the agreement on a 5-0 consent agenda on November 14, 2023.[39][40]

    Cole StanleyJosh CraftDon TippsTom ScherlenLes SimpsonMatt GriffithJimmy LackeyRockrose Development, LLC

    • ✓ Verified

      At the October 26, 2023 TIRZ #3 board meeting, board member Matt Griffith was excused from the closed session and, in open session, "explained that his company is seeking 100% reimbursement" for a drainage channel, water main and cul-de-sac street (Westover Village Unit 12) costing $510,297.33. The board voted to offer 80% of available tax increment for 10 years; the motion "passed unanimously, with Mr. Griffith abstaining." The chair said he wanted to discuss moving Griffith to the ex officio position. [39]

      Project cost
      $510,297
      Increment share
      80%
    • ✓ Verified

      By August 22, 2024 the TIRZ #3 board minutes list Matt Griffith as a non-voting ex officio member. The 2026 amended agreement names Matt Griffith as Vice President of Rockrose Development, LLC, and the City's TIRZ #3 page lists Matt Griffith among current board members appointed by the City. [41][42][43]

    • ✓ Verified

      On November 14, 2023 the council's consent agenda, approved 5-0 (Cole Stanley, Josh Craft, Don Tipps, Tom Scherlen and Les Simpson), included the TIRZ #3 developer agreement with Rockrose Development, LLC for reimbursement of $510,297.33, at a maximum of 80% of available funds over 10 years. [40]

  20. · Context

    TIRZ #2 board accepts its FY2023 financial report; investment earnings had been coded to TIRZ #1

    The TIRZ #2 board voted 6-0 to accept its annual comprehensive financial report for the year ended September 30, 2023, which received an unmodified opinion from the outside auditor. The Assistant City Manager and CFO told the board that investment earnings had been coded to TIRZ #1 and were corrected and applied to TIRZ #2. Members asked for an update on "the note being repaid to the City."[44]

    Laura Storrs

    • ✓ Verified

      On April 18, 2024 an auditor from CMMS CPAs presented the TIRZ #2 annual comprehensive financial report for the year ended September 30, 2023; the minutes say the board "received an unmodified opinion." The CFO said "the investments earnings were coded to TIRZ #1 but they were corrected and applied to TIRZ #2," and that the amounts related to 2024. The board accepted the report 6-0 and asked for an update on "the note being repaid to the City," possibly as an action item, and a map of completed projects. [44]

    • ✓ Verified

      Earlier audits: on April 16, 2020 the board accepted the September 30, 2019 audit, which the auditor said "presented a clean, unmodified opinion." On April 15, 2021 an external auditor from CMMS reported an unmodified opinion on the September 30, 2020 statements, with cash of $163,036 and expenditures of $60,373; the chair said board members "did not receive these documents in a timely manner," and the board approved the audit "pending any subsequent changes," unanimously. [9][16]

      Cash fy2020
      $163,036
      Expenditures fy2020
      $60,373

  21. · Related development

    AEDC board approves investing $7,570,000 in South Gateway TIRZ #3 streets and utilities

    President Carter presented a "Tax Reinvestment Zone Infostructure Project" (as printed) for TIRZ #3: the AEDC would invest $7,570,000 to help with streets and water and sewer utilities and be reimbursed within an expected 18 to 20 years. Director Bentley moved, Director Patel seconded, and it was approved unanimously. The AEDC's January 31, 2025 project report lists "TIRZ #3 Infrastructure" at $7,570,000, all of it budgeted for the current year and none paid by that date.[45][46]

    Kevin CarterDipak PatelAmarillo Economic Development Corporation (AEDC)

    • ✓ Verified

      The AEDC board minutes of April 22, 2024 state: 'AEDC will invest $7,570,000 to help with street, water, and sewers utilities. AEDC will be reimbursed the funds within an expected 18-20-year period.' The motion was approved unanimously. The January 31, 2025 project report lists the item with an original amount of $7,570,000, no prior-year or year-to-date payments, and a $7,570,000 current-year balance.[45][46]

      Investment
      $7,570,000

  22. · Peak

    Council approves three TIRZ #3 infrastructure agreements tied to the Kids, Inc. sports complex

    On its consent agenda, approved 5-0, the council approved three South Gateway TIRZ #3 developer agreements that the TIRZ board had approved on March 28, 2024: up to $7,570,000 to the AEDC for Premiere Drive and Street D; up to $4,670,000 to Attebury Elevators, LLC and Rockrose Development, LLC for Tavern Drive, Southgate Drive, Streets A and B and utilities north of Loop 335; and up to $3,000,000 to the same two companies for the parking lot of the planned Kids, Inc. sports complex. Each is repaid only from the zone's tax increment through 2042. Councilmember Les Simpson asked that the three be pulled for separate consideration; after staff explained them, the minutes record the consent agenda approved as presented.[47][48][49]

    Cole StanleyJosh CraftDon TippsTom ScherlenLes SimpsonAndrew FreemanAmarillo Economic Development Corporation (AEDC)Attebury Elevators, LLCRockrose Development, LLCKids, Inc.

    • ✓ Verified

      On April 23, 2024 Councilmember Les Simpson asked that consent items 9.M, 9.N and 9.O, the three TIRZ #3 agreements, be removed for separate consideration; the mayor asked staff to explain them first, and Andrew Freeman presented all three. The minutes then record a motion by Josh Craft, seconded by Don Tipps, "to accept the consent agenda as presented," which passed 5-0, and no separate vote on the three items. [47][48]

    • ✓ Verified

      The three agreements, approved by the TIRZ #3 board on March 28, 2024, provide pro rata annual reimbursement from 100% of available tax increment, with 10% retainage, through 2042: up to $7,570,000 to the AEDC for Premiere Drive and Street D south of Loop 335; up to $4,670,000 to Attebury Elevators, LLC and Rockrose Development, LLC for Tavern Drive, Southgate Drive, Streets A and B and a Loop 335 water main north of the loop; and up to $3,000,000 to the same two companies for the Kids, Inc. sports complex parking lot, for which preliminary estimates ranged from $2.7 million to $4.02 million. The memos say the first payment would come no earlier than June 1, 2025. [48]

      Aedc cap
      $7,570,000
      Attebury rockrose public cap
      $4,670,000
      Parking lot cap
      $3,000,000
    • ⚠ Sources differ

      Reports of the Attebury/Rockrose street and utility agreement amount differ.

      Reported value 1[48][47]

      Amount
      $4,670,000

      The agenda memo and agreement cap reimbursement at $4,670,000.

      Reported value 2[49]

      Amount
      $4,600,000

      NewsChannel 10 reported the two companies would spend $4.6 million on streets and utilities.

    • ✓ Verified

      Together with the November 2023 Rockrose agreement ($510,297.33), the TIRZ #3 reimbursement agreements approved by April 2024 total $15,750,297.33 in caps, against a plan projection of about $15.3 million in increment over the zone's life. The scenario table in the April 2026 board packet lists the four projects at $15,630,669 and estimates $15,212,501 in total zone revenue through 2042. [40][48][27][50]

      Total caps
      $15,750,297
      Scenario projects
      $15,630,669
      Scenario revenue
      $15,212,501

  23. · Context

    Council approves $90,000 TIRZ #2 grant for the Route 66 Bug Ranch, 4-0

    The council voted 4-0, with Councilmember Tom Scherlen abstaining, to approve a TIRZ #2 developer agreement with Big Texan Steak Ranch/Galaxy Catering, Inc.: a grant of up to $90,000 from the zone's tax increment fund for the parking lot, sidewalk and site work of the Route 66 Bug Ranch art installation, moved from near Conway to Sunrise Drive and I-40, payable after the project is complete. The TIRZ #2 board had approved it 7-0 on May 16, 2024. The staff memo put the project cost at $219,790, with $129,790 from the owner.[51][1][52]

    Cole StanleyJosh CraftDon TippsLes SimpsonTom ScherlenBig Texan Steak Ranch (Galaxy Catering, Inc.)

    • ✓ Verified

      On May 28, 2024 the council approved the East Gateway TIRZ #2 developer agreement with Big Texan Steak Ranch/Galaxy Catering, Inc. 4-0 on a motion by Les Simpson, seconded by Josh Craft: yes, Cole Stanley, Josh Craft, Don Tipps and Les Simpson; abstaining, Tom Scherlen. The minutes give no reason for the abstention. [51]

    • ✓ Verified

      The agreement provides "PAYMENT OF FUNDS UP TO $90,000 FROM THE TAX INCREMENT FUND" for a parking lot, sidewalk and general beautification at the Route 66 Bug Ranch art installation near Sunrise Drive and the I-40 access road. The staff memo put the project at $219,790, with $129,790 of owner equity, and said payment would follow full completion, from the TIRZ #2 FY2024 community projects budget. The item was also presented to Potter County commissioners on May 24, 2024, with no comments. [1]

      Grant cap
      $90,000
      Project cost
      $219,790
      Owner equity
      $129,790
    • ✓ Verified

      The TIRZ #2 board approved the $90,000 grant request from Galaxy Catering, Inc. 7-0 on May 16, 2024; the treasurer of the Bug Ranch Association spoke in favor. [52]

  24. · Context

    Big Texan Slug Bug Ranch opens on Sunrise Drive

    The Bug Ranch, five Volkswagen Beetles moved from Conway, Texas, was christened and opened at 1415 Sunrise Drive, next to the Big Texan RV Ranch, during Amarillo's Route 66 festival.[53][54]

    Big Texan Steak Ranch (Galaxy Catering, Inc.)

    • ✓ Verified

      Route 66 News reported that the Big Texan Slug Bug Ranch "officially was christened and opened Friday" (June 14, 2024) at 1415 Sunrise Drive, next to the Big Texan RV Ranch. NewsChannel 10 had reported that the ranch was funded in part by $90,000 in TIRZ money from the City. [53][54]

  25. · Context

    Council approves FY2024/25 budgets for TIRZ #1, #2 and #3, each 5-0

    The council adopted Resolutions No. 09-10-24-4, -5 and -6, approving the 2024/2025 budgets of the Center City (#1), East Gateway (#2) and South Gateway (#3) zones, each 5-0. TIRZ #2's budget showed $666,709 in revenue and $542,675 in spending, including $100,000 for community projects, $224,000 in tax refunds and $150,000 in debt service. TIRZ #3's showed $32,784 in revenue and $37,300 in spending, including $32,000 in infrastructure reimbursement to the developer.[55][38]

    Cole StanleyJosh CraftDon TippsTom ScherlenLes SimpsonLaura Storrs

    • ✓ Verified

      On September 10, 2024 the council adopted Resolution No. 09-10-24-5 (TIRZ #2) on a motion by Les Simpson seconded by Don Tipps and Resolution No. 09-10-24-6 (TIRZ #3) on a motion by Josh Craft seconded by Simpson, each 5-0 (Cole Stanley, Josh Craft, Don Tipps, Tom Scherlen, Les Simpson). The TIRZ #1 budget (Resolution No. 09-10-24-4) passed 5-0 the same night. Laura Storrs presented all three. [55]

    • ✓ Verified

      The TIRZ #2 2024/25 budget, approved by its board on July 18, 2024, projected $616,709 in participation revenue (Potter County $308,215, City $194,756, Amarillo College $109,425, Panhandle Groundwater District $4,313) plus $50,000 in interest, and $542,675 in spending, including $100,000 for community projects, $224,000 in tax refunds and $150,000 in debt service. The memo said 2024 certified taxable value was $110.5 million, with $24.4 million in new improvements. [38]

      Revenue
      $666,709
      Expenditures
      $542,675
      Community projects
      $100,000
      Tax refunds
      $224,000
      Debt service
      $150,000
    • ⚠ Sources differ

      The TIRZ #3 2024/25 budget's total spending is stated two ways in the packet.

      Reported value 1[38]

      Expenditures
      $37,300

      The budget table totals $37,300, including $32,000 in infrastructure reimbursement and a $4,000 audit fee, against $32,784 in revenue (Randall County $13,875, City $12,105, Amarillo College $6,804).

      Reported value 2[38]

      Expenditures
      $37,200

      The CFO's cover memo says "Total expenses of $37,200 include funding for an annual audit and reimbursement to the developer".

    • ✓ Verified

      A TIRZ #3 board meeting set for July 25, 2024 was canceled for lack of a quorum. On August 22, 2024 the board approved the FY2024-25 TIRZ #3 budget and an updated investment policy, each 8-0; the TIRZ #2 board had approved its FY2024-25 budget on July 18, 2024, 6-0. [41][56]

  26. · Related development

    TIRZ #2 board amends its FY2023-24 budget for a $150,000 missed loan payment to the City

    In July 2024 the CFO told the TIRZ #2 board that the Finance Department "had missed facilitating a payment" from the zone to the City under a reimbursement agreement the board approved in 2023, and the board asked for the catch-up payment to come back as its own item. On September 19, 2024 the board voted 7-0 to amend the FY2023-24 budget to make a $150,000 payment "for the loan payment due."[56][57]

    Laura Storrs

    • ✓ Verified

      The July 18, 2024 minutes say the CFO "informed the Board that the Finance Department had missed facilitating a payment from the East Gateway TIRZ to the City in connection to the reimbursement agreement the Board approved in 2023," and that the board wanted the catch-up payment brought back "as its own action item to amend the FY23-24 budget"; the board approved the FY2024-25 budget 6-0 the same day. On September 19, 2024 the board "elected to make a $150k payment for the loan payment due," and the budget amendment passed 7-0. [56][57]

      Payment
      $150,000
    • ✓ Verified

      The minutes call the obligation a "reimbursement agreement," a "note being repaid to the City" and a "loan payment," but do not name the agreement, its amount or its term, and the January 2023 TIRZ #2 minutes that would record its approval are not in the cached set. The FY2024-25 TIRZ #2 budget included $150,000 in debt service, and the revised 2024/25 estimate in the 2025/26 budget showed $71,066. The 2022 TIRZ #2 board minutes say the debt service line was added to the budget to repay the City for utility extensions in the zone (see clm-tz-tirz2-loan-origin-2022). [33][44][38][58][20][23]

    • ✓ Verified

      At the same September 19, 2024 meeting the board met in executive session under Texas Government Code sections 551.087 (economic development negotiations) and 551.071 (consultation with attorney) and resumed open session "with no action being taken." [57]

    • ✓ Verified

      The 2022 TIRZ #2 board minutes describe the obligation the 2024 minutes call a loan: the board added a $150,000 debt service line to its FY2022-23 budget to start repaying the City for utility extensions in the zone (a completed $98,000 sewer extension under I-40 and a planned water line estimated at about $1.7 million), with staff to bring a formal repayment agreement later. The 2022 minutes do not give the agreement's final amount or term. [20][23]

  27. · Related development

    TIRZ #2 board extends the Bug Ranch agreement's permit deadline by 90 days

    The TIRZ #2 board voted 8-0 to extend by 90 days, to February 23, 2025, the deadline in the Route 66 Bug Ranch developer agreement to obtain an issued permit, leaving the completion deadline at May 29, 2025. A project manager for the developer attended to answer questions. The check register later shows the $90,000 payment on June 26, 2025.[59]

    Big Texan Steak Ranch (Galaxy Catering, Inc.)

    • ✓ Verified

      On January 16, 2025 the TIRZ #2 board considered "an extension on Route 66 Bug Ranch developer agreement." The motion, which passed 8-0, was "to extend the deadline for 90 days to obtain an issued permit (making the deadline February 23, 2025) and leaving the original completion deadline as May 29, 2025." At the same meeting the CFO said a $56,000 amount on the quarterly report "will be corrected with the audit adjustment." [59]

  28. · Resolution

    Check register shows a $90,000 payment to Big Texan Steak Ranch

    The City's pooled-fund check register lists an electronic payment of $90,000 to Big Texan Steak Ranch on June 26, 2025, the amount of the Bug Ranch grant. The register does not tie payments to projects or funds.[60]

    Big Texan Steak Ranch (Galaxy Catering, Inc.)

    • ✓ Verified

      The check register lists an EFT payment of $90,000.00 to Big Texan Steak Ranch on June 26, 2025, and a separate $3,750.00 check on December 5, 2024. The register does not tie payments to projects or funds, so it does not show that the $90,000 was the TIRZ #2 grant. The Comptroller report for TIRZ #2 lists $375,491 in economic development spending for reporting year 2025. [60][61]

      Payment
      $90,000

      See the payments in the check register →

  29. · Context

    Council approves FY2025/26 budgets for TIRZ #1, #2 and #3, each 4-0

    The council adopted Resolutions No. 09-09-25-4, -5 and -6, each 4-0. TIRZ #2's budget showed $928,147 in revenue and $521,725 in spending, including $200,000 for community projects and $225,000 in tax refunds, with an estimated $1.97 million left at year end. TIRZ #3's showed $58,596 in revenue and $55,600 in spending, including $48,000 in infrastructure reimbursement; its revised 2024/25 estimate listed $30,735 paid in infrastructure reimbursement.[62][58]

    Cole StanleyTim ReidDon TippsLes SimpsonLaura Storrs

    • ✓ Verified

      On September 9, 2025 the council adopted Resolution No. 09-09-25-5 (TIRZ #2) on a motion by Les Simpson seconded by Don Tipps and Resolution No. 09-09-25-6 (TIRZ #3) on a motion by Tim Reid seconded by Tipps, each 4-0 (Cole Stanley, Tim Reid, Don Tipps, Les Simpson). The TIRZ #1 budget (Resolution No. 09-09-25-4) also passed 4-0. Finance Director Katrina Owens presented the items. [62]

    • ✓ Verified

      The TIRZ #2 2025/26 budget, approved by its board on August 21, 2025, projected $894,147 in participation revenue and $34,000 in interest, and $521,725 in spending, including $200,000 for community projects, $225,000 in tax refunds and $27,000 for leased software, with no debt service. The revised 2024/25 estimate showed $90,000 in community projects, $207,952 in tax refunds and $71,066 in debt service, and a projected ending balance of $1,969,678 for 2025/26. [58]

      Revenue
      $928,147
      Expenditures
      $521,725
      Ending balance
      $1,969,678
    • ✓ Verified

      The TIRZ #3 2025/26 budget projected $58,596 in revenue (Randall County $24,313, City $22,024, Amarillo College $12,259) and $55,600 in spending, including $48,000 in infrastructure reimbursement. The revised 2024/25 estimate shows $32,415 received and $30,735 paid in infrastructure reimbursement. The memo said 2025 certified taxable value was $46.2 million, with $11.7 million in new improvements. [58]

      Revenue
      $58,596
      Expenditures
      $55,600
      Infrastructure reimbursement
      $48,000
    • ✓ Verified

      The TIRZ #2 board's August 21, 2025 vote approved the FY2025-26 budget "with an increase to the Community Projects line to $200,000," 8-0, after an update on active East Gateway projects. The board's FY2024-25 budget had included $100,000 for community projects. [63][38]

      Community projects
      $200,000

  30. · Context

    Kids, Inc. breaks ground on the Rockrose Sports Park

    Kids, Inc. held a groundbreaking for the Rockrose Sports Park in the South Gateway zone, which NewsChannel 10 reported as a $30 million complex expected to be finished by summer 2027.[29]

    Jimmy LackeyKids, Inc.

  31. · Context

    City files 2025 annual reports for TIRZ #2 and #3 with the Comptroller

    For reporting year 2025, the City reported TIRZ #2 received $562,618 in property tax increment and spent $375,491 on economic development, ending with a $1,563,523 fund balance; TIRZ #3 received $32,415, spent $30,735 on economic development and $6,639 on administration, and ended with $3,193. TIRZ #3's captured appraised value was $32,433,335 over a $30,013,978 base.[61][37][64][65][66][67][68][69]

    • ✓ Verified

      City reports to the Comptroller show TIRZ #2 receiving $259,134 in property tax increment for 2022, $419,094 for 2023, $564,551 for 2024 and $562,618 for 2025, with fund balances of $587,127, $1,001,126, $1,376,198 and $1,563,523. [68][66][64][61]

      Increment 2022
      $259,134
      Increment 2023
      $419,094
      Increment 2024
      $564,551
      Increment 2025
      $562,618
      Fund balance 2025
      $1,563,523
    • ✓ Verified

      For TIRZ #3 the City reported no increment and no captured value for 2022 and 2023, $9,036 in increment for 2024 (captured value $3,105,393) and $32,415 for 2025 (captured value $32,433,335). For 2025 it reported $30,735 in economic development spending, $6,639 in administrative costs and a $3,193 fund balance. [69][67][65][37]

      Increment 2024
      $9,036
      Increment 2025
      $32,415
      Economic development 2025
      $30,735
      Fund balance 2025
      $3,193

  32. · Context

    Check register lists $1.35 million paid to Rockrose Development since 2024, including $1 million in May 2026

    The check register lists payments to Rockrose Development totaling $1,345,191.76 between January 2024 and May 2026, including a $1,000,000 check on May 4, 2026. The register does not say which agreement or fund each payment comes from; the City also had a separate March 2024 sewer participation agreement with Rockrose.[60][70]

    Rockrose Development, LLCAttebury Elevators, LLC

    • ✓ Verified

      The check register lists payments to Rockrose Development totaling $1,345,191.76 from January 8, 2024 to May 4, 2026: $50,000 (January 2024), $45,275.23 (February 2024), $218,300 (August 2024), $30,734.84 (May 5, 2025), $102.73 (May 2025), $778.96 (December 2025) and $1,000,000 (May 4, 2026); a $492,255.42 check in February 2024 is listed and reversed. The May 2025 $30,734.84 payment matches the $30,735 in TIRZ #3 infrastructure reimbursement in the City's revised budget and Comptroller report, but the register does not tie payments to projects or funds. [60][58][37]

      Total
      $1,345,192
      May 2026 payment
      $1,000,000

      See the payments in the check register →

    • ✓ Verified

      Rockrose also had a non-TIRZ agreement with the City: the March 12, 2024 consent agenda, approved 4-0, included a $215,800 participation agreement with Rockrose Development LLC for public sewer tied to the Circle K - Westover Park subdivision, funded from Utilities Department capital funds. [70]

      Amount
      $215,800
    • ✓ Verified

      The register lists payments to Attebury Elevators totaling $520,210.34 from August 2022 to September 2025, including $446,980.19 on February 29, 2024 and $30,680 on February 1, 2024, before the April 2024 TIRZ #3 agreements; the register does not say what they were for. [60]

      Total
      $520,210

      See the payments in the check register →

    • ✓ Verified

      No fetched City document states which agreement the $1,000,000 May 2026 payment to Rockrose Development was made under; the May 12, 2026 agenda memo does not mention payments already made. [42][60]

  33. · Resolution

    Council approves amended TIRZ #3 agreement adding Happy Again, LP; cap stays $4.67 million, 4-0

    The council voted 4-0, with Councilmember Don Tipps absent, to approve a first amended and restated version of the April 2024 TIRZ #3 agreement with Attebury Elevators and Rockrose Development. It adds Happy Again, L.P. as a developer, makes the three jointly and severally liable, lets projects be done in phases, and adds two projects that raise the estimated eligible cost from $4,665,899 to $5,712,898, while reimbursement stays capped at $4,670,000 through December 31, 2042. The TIRZ #3 board had approved it unanimously on April 23, 2026.[71][42]

    Cole StanleyTim ReidDavid PrescottLes SimpsonDon TippsAttebury Elevators, LLCRockrose Development, LLCHappy Again, L.P.

    • ✓ Verified

      On May 12, 2026 the council approved the First Amended and Restated TIRZ #3 developer agreement 4-0 on a motion by David Prescott, seconded by Les Simpson: yes, Cole Stanley, Tim Reid, David Prescott and Les Simpson; absent, Don Tipps. Assistant Director of Planning Drew Brassfield presented it. [71]

    • ✓ Verified

      The amended agreement adds Happy Again, L.P. as a developer, makes the three developer entities jointly and severally liable, allows Exhibit B projects to be completed and reimbursed in phases with City Engineer approval and City acceptance, and adds the Northeast Public Easement Shared Drive and Northeast Utilities projects. The estimated eligible cost rises from $4,665,899 to $5,712,898; reimbursement stays capped at $4,670,000 through December 31, 2042, and the developer pays costs above the cap. [42]

      Original estimate
      $4,665,899
      Amended estimate
      $5,712,898
      Cap
      $4,670,000
    • ✓ Verified

      Happy Again LP appeared in council records before 2026: the February 13, 2024 minutes list "Rockrose Development, LLC and Happy Again LP" as applicants for an easement release near Interstate 27 and Hollywood Road. The May 2026 memo does not say why Happy Again was added to the agreement. [72][42]

  34. · Context

    Kids, Inc. reports Rockrose Sports Park construction ahead of schedule

    NewsChannel 10 reported that construction of the 36 acres of turf fields was ahead of schedule, with completion projected for late March or early April, and that costs had reached $40 million, raised privately by Kids, Inc.[30]

    Jimmy LackeyKids, Inc.

    • ⚠ Sources differ

      Reported costs for the Kids, Inc. Rockrose Sports Park differ.

      Reported value 1[27][29]

      Cost
      $30,000,000

      The 2023 TIRZ #3 plan and NewsChannel 10's October 2025 groundbreaking report describe a $30 million complex.

      Reported value 2[30]

      Cost
      $40,000,000

      NewsChannel 10 reported in August 2026 that costs had reached $40 million.

    • ✓ Verified

      NewsChannel 10 reported on August 26, 2026 that construction was ahead of schedule, with completion projected for late March or early April, and that the park will have 1,600 parking spots, two tackle football fields, eight flag football fields, eight baseball and softball fields and 19 multipurpose fields, paid for with money Kids, Inc. raised privately. In October 2025 it had reported completion was expected by summer 2027. [30][29]

  35. · Context

    Council approves FY2026/27 budgets for TIRZ #1, #2 and #3

    The TIRZ #1 and TIRZ #2 budgets (Resolutions No. 09-08-26-3 and 09-08-26-4) passed 4-0 on first reading on September 8, 2026, with Councilmember Prescott absent, and were consent items on second reading on September 22, when draft minutes record the consent agenda passing 4-1 with Councilmember Simpson voting no. The TIRZ #3 budget (Resolution No. 09-22-26-2) passed 5-0 on September 22. TIRZ #2's budget projected $992 thousand in revenue and $520 thousand in spending, including $200 thousand for community projects and $220 thousand in tax rebates. TIRZ #3's projected $240,542 in revenue and $199,547 in spending, including developer infrastructure reimbursement.[73][74][75]

    Cole StanleyTim ReidDon TippsDavid PrescottLes SimpsonLola Ogunremi

    • ✓ Verified

      Minutes of September 8, 2026 (in the September 22 agenda packet, p. 28) record Resolution No. 09-08-26-3 (TIRZ #1) and Resolution No. 09-08-26-4 (TIRZ #2) each adopted 4-0 on motions by Don Tipps seconded by Tim Reid (Cole Stanley, Reid, Tipps, Les Simpson; David Prescott absent); Chief Financial Officer Lola Ogunremi presented them. Both were consent items 6.15 and 6.16 on September 22 as second and final readings, and draft minutes of that meeting (in the October 13 agenda packet) record the consent agenda approved 4-1 with Simpson voting no. The same draft minutes record Resolution No. 09-22-26-2 (TIRZ #3) adopted 5-0 on a motion by Tipps seconded by Simpson. [73][75]

    • ✓ Verified

      The September 22, 2026 agenda caption for consent item 6.16 describes Resolution No. 09-08-26-4 as the budget for "Center City Tax Increment Reinvestment Zone No. 2," while the September 8 minutes and the transmittal memo name it the East Gateway Tax Increment Reinvestment Zone No. 2. [74][73]

    • ✓ Verified

      A September 1, 2026 memo from the Chief Financial Officer says the TIRZ #2 board approved the budget on August 20, 2026. It projects revenue of $992 thousand, $958 thousand of it from participating taxing entities (Potter County, the City, Amarillo College and the Panhandle Groundwater District), and expenses of $520 thousand, including $200 thousand for community projects and $220 thousand for tax rebates. The 2026 certified taxable value was $119.3 million, with $0.2 million in new improvements, compared with $117.4 million in 2025. Available cash is estimated at $2.3 million at the start of the year and $2.8 million at the end, against a targeted reserve of $130 thousand (packet p. 161). [73]

      Revenue
      $992,000
      Expenditures
      $520,000
      Ending cash
      $2,800,000
    • ✓ Verified

      A September 15, 2026 memo from the Chief Financial Officer says the TIRZ #3 board approved the budget on September 11, 2026. It projects revenue of $240,542, all participation from Randall County, the City and Amarillo College, and expenses of $199,547 for an annual audit and reimbursement to the developer under the infrastructure agreement. The 2026 certified taxable value was $51.6 million, with $2.8 million in new improvements, compared with $46.2 million in 2025. Available cash is estimated at $33,617 at the start of the year and $74,612 at the end, against a targeted reserve of $1,779 (packet p. 309). [73]

      Revenue
      $240,542
      Expenditures
      $199,547
      Ending cash
      $74,612

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