Title
Discussion regarding the City of Pflugerville Reinvestment Zone No. One (Falcon Pointe TIRZ) Development Financing Agreement (Developer and City Reimbursement Agreement).
Summary
This item has been scheduled on the worksession to allow for discussion on its topic.
Prior City Council Action
The City Council created Reinvestment Zone No. One by Ordinance 1063-10-12-14 on December 14, 2010 and appointed a Board of Directors by Resolution 1297-11-07-26-0051 on July 26, 2011.
Deadline for City Council Action
No action will be taken at this worksession.
Projected Future City Council Action
The City Council will consider approval of the TIRZ Development Financing Agreement after its finalization and approval by the Reinvestment Zone No. One Board of Directors.
Fiscal Impact
As designated by the agreement.
Staff Recommendation
Discuss only.
Drafter
Brandon Wade, City Manager