Legislation Details

File #: 26-2736A    Version: 1 Name:
Type: BRIEFING MEMORANDUM Status: Agenda Ready
File created: 8/18/2026 In control: Office of Economic Development
On agenda: 9/1/2026 Final action: 8/24/2026
Title: Upcoming Agenda Item: Authorize a tax increment financing (“TIF”) development agreement and all other necessary documents (“Agreement”) with TyGra Walnut Hill, LLC and/or its affiliates (“Developer”) in an amount not to exceed $1,188,662.00 from current and future Skillman Corridor TIF District funds (“TIF Subsidy”), in consideration of The Highlands Village Retail & Office Redevelopment Project (“Project”) on 0.477 acres of property currently addressed as 9715 Walnut Hill Lane (“Property”), in accordance with the City’s Economic Development Incentive Policy [Tamara Leak, Deputy Director, Office of Economic Development]
Attachments: 1. Memorandum
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Upcoming Agenda Item: Authorize a tax increment financing (“TIF”) development agreement and all other necessary documents (“Agreement”) with TyGra Walnut Hill, LLC and/or its affiliates (“Developer”) in an amount not to exceed $1,188,662.00 from current and future Skillman Corridor TIF District funds (“TIF Subsidy”), in consideration of The Highlands Village Retail & Office Redevelopment Project (“Project”) on 0.477 acres of property currently addressed as 9715 Walnut Hill Lane (“Property”), in accordance with the City’s Economic Development Incentive Policy [Tamara Leak, Deputy Director, Office of Economic Development]