Meeting
City of San Antonio

AGENDA
Tax Increment Reinvestment Zone No. 28 - Verano Meeting



 
Tuesday, October 10, 2023 1:00 PM 105 Main Plaza, Municipal Plaza Building, B Room, San Antonio, Texas 78205


The Tax Increment Reinvestment Zone No. 28 - Verano Meeting will hold its regular meeting in the 105 Main Plaza, Municipal Plaza Building, B Room, San Antonio, Texas 78205 beginning at 1:00 PM. Once convened, the Tax Increment Reinvestment Zone No. 28 - Verano Meeting will take up the following items no sooner than the designated times.

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Meeting number (access code): 2633 805 4733
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Public Comments
 
1.
Members of the public can sign up to speak for, against, or on any item on the agenda
Approval of Minutes
 
2.
Approval of the Minutes from the September 21, 2022 meeting of the Verano TIRZ Board of Directors.
Financial Report
 
3.
The Financial Management Division will present on the current financial status of the Verano TIRZ. 
Briefing and Possible Action on the following items
 
4.
Resolution authorizing payment of Invoice #2 to South Star at Verano, LLC for a total amount of $8,224,920.80 from future increment for allowable reimbursable expenses within the approved Development Agreement.
5.
Resolution authorizing payment of Invoice #1 to Verano Land Group. LP for a total amount of $1,061,241.12 from future increment for allowable reimbursable expenses within the approved Development Agreement.
Staff Updates
 
Adjournment
 
At any time during the meeting, the Tax Increment Reinvestment Zone No. 28 - Verano Meeting may meet in executive session for consultation with the City Attorney's Office concerning attorney client matters under Chapter 551 of the Texas Government Code.

ACCESS STATEMENT
The City of San Antonio ensures meaningful access to City meetings, programs and services by reasonably providing: translation and interpretation, materials in alternate formats, and other accommodations upon request.  To request these services call (210) 207-6357 or Relay Texas 711 or by requesting these services online at https://www.sanantonio.gov/gpa/LanguageServices.  Providing at least 72 hours’ notice will help to ensure availability. 


                                                                                                                                                     
                                                                                                                                                      Posted on: 10/06/2023  03:53 PM